With approved credit - WAC
With approved credit - WAC
With approved credit, or WAC, is a condition placed on a sale transaction that requires the buyer to have sufficient credit. A company that leases equipment, for example, would run a credit check prior to executing to ensure that the lessee meets minimum credit requirements.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed | 4.39 |
| 5/1 ARM | 3.69 |
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