Financing rates
Just wondering for those that have financed a new TH who did you go through and what were the terms? Thanks.
Forum Discussion
rockhillmanor wrote:
What people forget is the financing rate for anything is based on your credit. NOT what the stock market or internet loan website posts for the day. :W
And btw did you all know that that interest rate changes hourly? For jumbo loans it's real important 'when' you lock you loan in after being quoted.
20 people could buy an RV from the same place and obtain the same loan amount and all could have different interest rates.
I understand that completely as I worked in lending for roughly a decade. I still like to know what others are getting to make sure I am in the ball park and not getting ripped off. In my opinion its not much different than asking how much someone paid for their rig. There are a lot of variables but it is always good to have a good idea of what others are paying.
