The Manufactured Housing Forums

I HAVE BEEN TOLD BY THE M.H. DEALER THAT WITH MY BEACON SCORE BEING OVER 800 THAT I SHOULD BE ABLE TO GET THE MORTGAGE BROKER TO DROP THE INTEREST RATE FROM 6 1/2% TO 6% WITH A LITTLE DICKERING ON IT. WHAT DO YOU SAY TO THE BROKER TO NEGOTIATE THIS WITHOUT PAYING EXTRA POINTS?
I NEED ALL THE ADVISE I CAN GET.
THANKS

You do not need a broker...You should be dealing directly with the mortgage company...Your closing costs will be lower and your rate could be lower...

Try putting your request here on the find a loan section...or call or go online and shop the big companies...I just had a loan close at 5.67%...30 years fixed with very low costs to a customer with similar situation...I would think your dealer would know all the best deals in your area..

Remember the lowest rate lenders only quote todays rate...It might be different tomarrow...time is your enemy...rates are now the very lowest in 40 years...

But the way...you can find the best rates in the country on many products..mortgages included at www.bankrate.com

Your credit deserves the best rates...Good luck

THANKS FOR THE ADVICE!