Talking to few banks for pre-approved home loan. KVP gallu trying to trap me with variable interest. I want fixed interest one. 

Variable interest antee bokkaneee.

eee inflation lo elago penchutharuuu. Nakipothaaa. Any suggestions about how to negotiate?

Just now, veerigadu said:

Talking to few banks for pre-approved home loan. KVP gallu trying to trap me with variable interest. I want fixed interest one. 

Variable interest antee bokkaneee.

eee inflation lo elago penchutharuuu. Nakipothaaa. Any suggestions about how to negotiate?

What's your credit score and % downpayment?

uncle I thought you are against home buying. What happened suddenly????

30 years fixed matrame interested ani cheppu kaka, unless 20% down chesthe kani Arm rates chepparu kada nekenduku chepthunnaru?

pre-approved mee realtor ni adugu, vallaku telisina valla deggara emanna eppisthademo ani

Wells Fargo

3 minutes ago, veerigadu said:

Talking to few banks for pre-approved home loan. KVP gallu trying to trap me with variable interest. I want fixed interest one. 

Variable interest antee bokkaneee.

eee inflation lo elago penchutharuuu. Nakipothaaa. Any suggestions about how to negotiate?

How much Interest rate is he offering? Did you try with multiple lenders?

1 minute ago, gudboy said:

uncle I thought you are against home buying. What happened suddenly????

Ippudu low interest lo pre-approved loan pettukoni tharvatha oka 3 months lo ala use cheddham anukuntunna samara. 

Just now, veerigadu said:

Ippudu low interest lo pre-approved loan pettukoni tharvatha oka 3 months lo ala use cheddham anukuntunna samara. 

anna rate lock only 60 days... enta pre-approved aina kuda

5 minutes ago, Spartan said:

anna rate lock only 60 days... enta pre-approved aina kuda

90 antunnaru kadha?? 60 ayina kuda ok neee...guddi kantee mellaaaa better

14 minutes ago, Flaber said:

How much Interest rate is he offering? Did you try with multiple lenders?

2.95% for 15 years. 10% down. Two incomes. >700 CR both

3 minutes ago, veerigadu said:

2.95% for 15 years. 10% down. Two incomes. 

anything below 3 is good annaru kada medhavulu; 

also any specific reason for trying to get it for 15 yrs ??

 

18 minutes ago, veerigadu said:

Talking to few banks for pre-approved home loan. KVP gallu trying to trap me with variable interest. I want fixed interest one. 

Variable interest antee bokkaneee.

eee inflation lo elago penchutharuuu. Nakipothaaa. Any suggestions about how to negotiate?

Congratulations mamaaa

Just now, Dabbakai said:

anything below 3 is good annaru kada medhavulu; 

also any specific reason for trying to get it for 15 yrs ??

 

2 incomes emo Ani naku koduthundhi

7 minutes ago, veerigadu said:

2.95% for 15 years. 10% down. Two incomes. >700 CR both

2.95% high man, we got 2.5% fixed with 10% down through US Bank

13 minutes ago, Dabbakai said:

anything below 3 is good annaru kada medhavulu; 

also any specific reason for trying to get it for 15 yrs ??

 

Home rates will appreciate more only in the first 15 years. Tharvatha repairs and bokka ani demand will go down everywhere. We dont intend to keep beyond 15 years no matter.

10-12 years avvaganeee we might start another application for new house. Not sure about pros and cons but thats the plan.