Product Type | Interest Rate |
---|---|
30 Years Fixed Conventional | 6.5% |
15 Years Fixed Conventional | 5.5% |
FHA 30 Years Fixed | 5.99% |
VA 30 Years Fixed | 5.99% |
Scenario Assumptions:
Conventional:
- Purchase price $500,000
- Loan Amount: $400,000
- LTV: 80% (down payment 20%)
- Credit Score: 740+
- Primary Residence
- Single Family Home
FHA:
- Purchase price $415,000
- Loan Amount: $400,000
- LTV: 96.5% (down payment 3.5%)
- Credit Score: 640
- Primary Residence
- Single Family Home
Disclaimer:
- Interest rates are subject to market volatility and may not be the most up-to-date with live market
- An underwriting fee of $1055 applies
- The above loan options are not an exhaustive list, we may have other options available for you such as Jumbos, ARMs; and other specialty products. Please contact the loan officer directly for the product that best suite your needs