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how do I assess when to lock in for a renovation loan? It's not an FHA loan.

this is financing for a 5% down mortgage with construction costs rolled in.
  • May 17 2010 - Silver Spring
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Answers (2)

cbotnick -  what mortgage product offers 5% down and construction money that is not a fha 203k loan? 

Is this a bank product? Do tell who the lender is please....
  • May 18 2010
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In my opinion right now is the best time to lock, due to the threat of interest rates increasing... Have you been watching the rates?  When they hit where you want to be I suggest locking.
  • May 17 2010
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