Mt Prospect in North Potomac

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just curious, how many people here ended up going with TBI over outside lenders? Were their rates competitive if you took the time to shop around? Thanks in advance.

For conventional loan, we were quoted 2.75% in December 2020. About 3 weeks ago, the rate was 2.85%

TBI offer a 110 day rate lock (most outside lenders offer 60 day rate lock).

We also get $5K toward closing cost for using TBI

Thank you for sharing.

We went with outside lender for a 10% down jumbo. TBI’s quotes were near 3.9. We ended up getting a 3.5 without points or PMI, etc. I will say our TBI contact was very upfront and transparent.

2.9% with TBI and 5k towards close for us. They match outside quotes so doesn’t make sense to go with anyone else in my opinion. Especially with the credit towards closing.

[Anonymous]

Is anyone going with laminate flooring or engineered hardwood?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just curious, how many people here ended up going with TBI over outside lenders? Were their rates competitive if you took the time to shop around? Thanks in advance.

For conventional loan, we were quoted 2.75% in December 2020. About 3 weeks ago, the rate was 2.85%

TBI offer a 110 day rate lock (most outside lenders offer 60 day rate lock).

We also get $5K toward closing cost for using TBI

Thank you for sharing.

We went with outside lender for a 10% down jumbo. TBI’s quotes were near 3.9. We ended up getting a 3.5 without points or PMI, etc. I will say our TBI contact was very upfront and transparent.

2.9% with TBI and 5k towards close for us. They match outside quotes so doesn’t make sense to go with anyone else in my opinion. Especially with the credit towards closing.

That makes more sense. 3.5-3.9 still sounds ridiculously high since rates are still under 3 for many.

[Anonymous]

Anonymous wrote:Is anyone going with laminate flooring or engineered hardwood?

We are doing LVP (luxury vinyl plank)

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just curious, how many people here ended up going with TBI over outside lenders? Were their rates competitive if you took the time to shop around? Thanks in advance.

For conventional loan, we were quoted 2.75% in December 2020. About 3 weeks ago, the rate was 2.85%

TBI offer a 110 day rate lock (most outside lenders offer 60 day rate lock).

We also get $5K toward closing cost for using TBI

Thank you for sharing.

We went with outside lender for a 10% down jumbo. TBI’s quotes were near 3.9. We ended up getting a 3.5 without points or PMI, etc. I will say our TBI contact was very upfront and transparent.

2.9% with TBI and 5k towards close for us. They match outside quotes so doesn’t make sense to go with anyone else in my opinion. Especially with the credit towards closing.

That makes more sense. 3.5-3.9 still sounds ridiculously high since rates are still under 3 for many.

Thanks all, appreciate the info, super helpful.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just curious, how many people here ended up going with TBI over outside lenders? Were their rates competitive if you took the time to shop around? Thanks in advance.

For conventional loan, we were quoted 2.75% in December 2020. About 3 weeks ago, the rate was 2.85%

TBI offer a 110 day rate lock (most outside lenders offer 60 day rate lock).

We also get $5K toward closing cost for using TBI

Thank you for sharing.

We went with outside lender for a 10% down jumbo. TBI’s quotes were near 3.9. We ended up getting a 3.5 without points or PMI, etc. I will say our TBI contact was very upfront and transparent.

2.9% with TBI and 5k towards close for us. They match outside quotes so doesn’t make sense to go with anyone else in my opinion. Especially with the credit towards closing.

That makes more sense. 3.5-3.9 still sounds ridiculously high since rates are still under 3 for many.

Interesting. I shopped around 10% jumbos pretty heavily and most were coming in above 3 with either points or PMI to get below 3.5. Ah well. Still a very affordable mortgage for us.

TBI told us they only started doing 10% jumbos again about a month and a half ago—but perhaps that was incorrect? Good luck, OP!

[Anonymous]

You can refinance in 6 months or so...

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just curious, how many people here ended up going with TBI over outside lenders? Were their rates competitive if you took the time to shop around? Thanks in advance.

For conventional loan, we were quoted 2.75% in December 2020. About 3 weeks ago, the rate was 2.85%

TBI offer a 110 day rate lock (most outside lenders offer 60 day rate lock).

We also get $5K toward closing cost for using TBI

Thank you for sharing.

We went with outside lender for a 10% down jumbo. TBI’s quotes were near 3.9. We ended up getting a 3.5 without points or PMI, etc. I will say our TBI contact was very upfront and transparent.

2.9% with TBI and 5k towards close for us. They match outside quotes so doesn’t make sense to go with anyone else in my opinion. Especially with the credit towards closing.

That makes more sense. 3.5-3.9 still sounds ridiculously high since rates are still under 3 for many.

Thanks all, appreciate the info, super helpful.

I’m almost certain TBI won’t match *any* quote, FWIW. They still have some restraints depending on available programs for less than 20% down and jumbo loans, etc.

Our lender also offered a larger credit than they did. I don’t have anything against TBI (or other builders’ lenders, for that matter), but there is a reason they are typically considered to have higher rates than other lenders.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just curious, how many people here ended up going with TBI over outside lenders? Were their rates competitive if you took the time to shop around? Thanks in advance.

For conventional loan, we were quoted 2.75% in December 2020. About 3 weeks ago, the rate was 2.85%

TBI offer a 110 day rate lock (most outside lenders offer 60 day rate lock).

We also get $5K toward closing cost for using TBI

Thank you for sharing.

We went with outside lender for a 10% down jumbo. TBI’s quotes were near 3.9. We ended up getting a 3.5 without points or PMI, etc. I will say our TBI contact was very upfront and transparent.

2.9% with TBI and 5k towards close for us. They match outside quotes so doesn’t make sense to go with anyone else in my opinion. Especially with the credit towards closing.

That makes more sense. 3.5-3.9 still sounds ridiculously high since rates are still under 3 for many.

Thanks all, appreciate the info, super helpful.

I’m almost certain TBI won’t match *any* quote, FWIW. They still have some restraints depending on available programs for less than 20% down and jumbo loans, etc.

Our lender also offered a larger credit than they did. I don’t have anything against TBI (or other builders’ lenders, for that matter), but there is a reason they are typically considered to have higher rates than other lenders.

I’m sure they won’t match “any” quote, but with 5k towards closing, it’s worth asking…especially since you can re-fi later. Personally I was quoted almost similar rate with Suntrust, but I didn’t venture to look at a broker, so I’m not too familiar with what others offer.

[Anonymous]

Two new home site of the Hamlets collection are available (Lots 97 and 98). They are detach (not attached at the garage) homes.

[Anonymous]

Anonymous wrote:Two new home site of the Hamlets collection are available (Lots 97 and 98). They are detach (not attached at the garage) homes.

Where did you see they were available? It’s not showing up on the site plan on the website.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Two new home site of the Hamlets collection are available (Lots 97 and 98). They are detach (not attached at the garage) homes.

Where did you see they were available? It’s not showing up on the site plan on the website.

They’re showing on the site now. Says available sept 8

[Anonymous]

Another Windmills lot is available (Lot 39).

[Anonymous]

Does anyone know if they’re still doing bids on lots?

[Anonymous]

Did anyone go with porcelain titles for their fireplace surround? If so, what size/dimensions did up end up going with? Thanks.