If my Mortgage rate is 3.375...an APR of 4.34 too high?? Also if the mortgage company does the appraisal and switch could the same appraisal be used?

Asked by hector h,, 03079 Thu Apr 4, 2013

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Jim Driscoll, , Lynnfield, MA
Thu Apr 4, 2013
The apr seems high as compared to the rate. Normally the appraisals are not transferable unless the loan is a govt FHA or VA loan
1 vote
Richard Shap…, , Framingham, MA
Thu Apr 4, 2013
Is your loan FHA ? If so then that apr might make sense. FHA appraisals are generally portable.
1 vote
how much lower would be a non fha loan?
Flag Thu Apr 4, 2013
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