Conventional refi question

Conventional refi question › Conventional refi question

So I have been trying to figure out if it’s better to refi under conventional loan or streamline FHA. I haven’t gotten any numbers for FHA, but have gotten one for conventional and I’m trying to figure out what this means.

The interest rate is 3.75 % with 1.375% discount points. Does this mean I would be paying 5.125 in interest? Because then it doesn’t make sense to me. Right now I’m paying 3.75% + 1.25% PIM so total of 5%, did I calculated this correctly?

My mid score is 720 EX, can I get better rate?

Help me decide refi: streamline or conventional I bought my house July 2013 at 3.75% and not sure about my PMI rate, but I do know it went down to .85%. I know I need to refi before rate goes up, but…
PMI Rate FHA versus Conventional Hi Everyone, * I heard from a friend of mine who recently purchsed a*home that the FHA PMI rate is higher than the conventional PMI rate, is this true?* When I am ready to buy…
Should we do a streamline refi or wait? Hello, I haven't seen this question asked so here it goes: My partner and I were financed for a home last July. Only she is currently on the loan as I had a recent job change and some…
Mortgage refinance is next on my to-do list Hey folks...Now that I have gotten my auto loans refinanced to a good rate, the mortgage is next. Since my loan was modified 3 times it's now a 40 year term at 6.75%. My goal…
Question about interest rates on 3% and 5% Conventional… Sorry folks, I'm new to this part of the forum so please let me know if I'm not giving enough information. Although, I am qualified for FHA the breakdown adds up better with a conventional…

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