FHA Government Loans - Today's Mortgage Rates - Important Disclosures

General Disclosures

  • Information displayed is accurate as of the date of the latest update and is subject to change without notice. Loan pricing can only be locked through a home mortgage consultant. Other restrictions may apply.

  • Due to various federal, state and local requirements, certain products may not be available in all areas.

  • The displayed Annual Percentage Rates (APRs) reflect the interest rates, total points, and additional estimated pre-paid finance charges for the loan products shown, but do not include other closing costs.

  • For loans with less than 20% down payment borrower-paid mortgage insurance may apply.

  • Mortgage rates shown are based on a 60-day lock for the purchase of a primary residence. Under certain circumstances, a 60-day rate lock may not be available.

  • Mortgage rates displayed may include points as shown in the Assumptions table.

  • These mortgage rates are based on a variety of assumptions and conditions which include a consumer credit score which may be higher or lower than your individual credit score. Your loan's interest rate will depend upon the specific characteristics of your loan transaction and your credit profile up to the time of closing.

FHA

  • FHA loans require both an upfront and an annual mortgage insurance premium. The premium varies based on the loan characteristics, your credit score, whether you've received loan counseling, and other factors. For illustrative purposes on FHA loans, our loan detail results include a mortgage insurance payment added to the monthly principal and interest payment.

Jumbo

  • Jumbo rates reflect a discount for meeting certain relationship criteria, which include a requirement that the borrower agree to monthly payments via preauthorized electronic funds transfer. Jumbo rates are higher for borrowers who do not meet these criteria, but otherwise qualify for a jumbo mortgage loan product. Please contact your home mortgage consultant for details regarding the relationship criteria or with any other questions.

Conforming Loan Limits

  • Conforming loan amounts for certain loan products have increased in federally designated metropolitan areas. Larger limits may be available in the state of Hawaii. To find out if these new loan limits can help meet your needs, contact us.

 

 

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