Las Vegas Mortgage Rates

Posted by Mark Clawson

 

Everyday I will be posting conforming mortgage rates on my blogsite. You can click on Mortgage Rates on the bar at the top of the home page. These rates will be for purchases only. The rates that you will see assume 20% down, 680 credit scores, a conforming loan and purchase only. Your needs will vary because we are all unique.   

Should you need a mortgage rate quote that is specific to your needs, please feel free to call at 702-351-7912  or e-mail me at markvclawson@gmail.com. The mortgage loan market has been in a state of turmoil for a number of months and lender quidelines are in a continual state of flux.  Zero down loans are temporarily unavailable in Nevada. A good alternative is FHA. FHA will lend 97.15% of the value of the property and better yet these loans are assumable! Credit scores can be below 680. The rates I have quoted are for the perfect situation on a purchase. If your situation is not perfect there are alternatives. I just want you to know that each purchase or refinance (rate and term or cash out) is unique and that can effect the rate that you are eventually quoted. The best situation is to get pre-approved and determine what your real rate will be. There have been too many lenders who have been promising what they can’t deliver. We will work with you so that you don’t have any surprises.  

This entry was posted on Saturday, February 9th, 2008 at 7:08 pm and is filed under Las Vegas Real Estate, Mortgage News, Mortgage Rates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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