Question by Fast Pace: what is the best rate someone can have for a refinance mortgage?
having 668 on credit score and being first time home buying. Today, what docs do we need to present to refinace? Thanks, I appeciate your help.
Answer by Carolinahomerates.com
first time home buying??? refinance? that doesnt make sense.
rate depends on the loan to value….and if you’re looking for a 30yr fixed….what’s the loan amount..
you need to present paystubs, w-2’s, asset statements, etc
your rate shouldnt be higher than 6.375 for a 30yr fixed…with a loan amount over 150k……80% LTV…
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