3.125%

Term: 30 Yr Fixed
Englewood, CO
Lender: Bank of America
  • Mortgage Amount
    $210,000
  • APR
    3.125%
  • Mortgage Payment
    $1,081
  • Property Type
    Single
  • Closed
    04/15/2013
  • Buy-Down
    $0
  • Down Payment
    $0
  • Closing Cost
    $0

I made my first mortgage payment three years ago at a very low rate for this time period.  Due to the above average prices for rentals in my geographic area my mortgage payment was less than the cost of the one bedroom town home I was renting.  Rental cost have continued to increase during the past several years making the investment in a house that much more valuable.  Also I had a bankruptcy before I started the NACA process  and had to put my application on hold until 24 months had passed since I received the judgment from the courts.  Without NACA I would not be a happy homeowner today!!