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Flipper762

In need of help

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We are all set to close all that's is left to do is to have the final apprasal done on the house but over this last past weekend my DW FICO scores shot up pretty high. We are dealing with CW as far as what our broker is telling and they quoted us 7.55% on a 100% financing loan but that's when my DW middle score was a 601 it is now a 661 My question is can we still try to negoiate a better intrest rate or would we be considered as LOCKED IN?

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If the closing on the loan is more than 2 weeks away, ask your broker to re-submit the loan to them. That kind of difference will make a big drop in your rate.

Charles

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We are set to close on either friday or next tuesday our broker had CW rerun our CR and CW advised that they will give us a new rate on tomorrow.

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Wonderful news.

Most lenders want to have you have the highest scores available, so are willing to run credit if their borrower so desires.

Charles

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