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mortgage refinancing

looking for a mortgage broker in South Florida area. Switching from 30-yr FHA to 15-yr fixed conventional
  • May 23 2012 - Weston
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Answers (6)

Even though there is no annual MI if 78% or less on a 15 Year FHA they will still pay 1.75% UFMIP. 
  • May 24 2012
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FHA has better pricing and if you LTV is 78% of less there is no MIP
  • May 24 2012
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You may want to consider an FHA 15 year depending on your loan to value and credit score?  I would look at both an FHA and Conventional quote side by side to confirm which one would work best.  Hope this helps.

Al Norman
  • May 24 2012
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Hi I can do a loan anywhere in the state. How may I help you?
  • May 24 2012
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Make a visit to your local banks as a first stop. Get and compare rates and fees. Do you belong to a credit union? Are you eligible to join one? Often they offer outstanding rates. When you compare rates, don't disregard one with higher initial fees for a lower rate. You will likely break even after a few months and then go on to enjoy lower monthly mortgage payment for 15 yrs!
Joann Bernardini
Coldwell Banker-Casa Bella Realtors
  • May 24 2012
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How about just Florida?
  • May 24 2012
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