September 23rd, 2010 10:31 AM by BILL WILBANKS
We still don't know how long we'll have this pricing advantage on the 30 year fixed conventional loan for home purchases, but WOW! This 4.125% has Zero points folks (standard credit score and LTV guides do apply). That's a full 0.50% point they pay us on a purchase transaction only and we are passing it along to you with the lower rate. This investor can pull the plug on this at any time and have told us they will only have it on a limited time basis. If you have a contract now or will be getting one soon and are looking to newly place your financing on the loan you must check this out.