Mortgage Rates for 01/13/2022

Rates are headed up!

Call 816.215.2919 for a custom quote!

        Ask me about our Jumbo and Second Home rates!
                                         

When People Talk about 

Home Loans made Simple. 

 Let me ask you this question?

 Doesn't it make since to work with a Lender with Less Underwriting Guidelines?

Opposed to a Mortgage Company that sells their loans to another Bank or Company that may have additional Red Tape and/or Overwhelming Underwriting Guidelines on Top of the Standard Agency Guidelines?

Home Loans made Simple - should be Loans with Less Guidelines!

Our Portfolio Arms, are a Great Alternative to a 30 Year Fixed Jumbo Loan.

* APR- An annual percentage rate (APR) is a broader measure of the cost to you of borrowing money, also expressed as a percentage rate. In general, the APR reflects not only the interest rate but also any points, mortgage broker fees, and other charges that you pay to get the loan. Loan Amount for calculations were based on a $750,000 purchase price. Minimum Credit Score is 700.  

Bottom Line - What's Important to you, in regards to a lender??

• I Answer My Phone.
• I Close My Clients On Time.
• I Do what I say I will Do.

  I am here to earn your valued business! 

  Interest rates and annual percentage rates (APRs) are based on current market conditions and are for informational purposes only. Interest rates and loan program terms are subject to change without notice and may be subject to pricing adjustors related to property type, loan amount, loan-to-value, credit score and other variables. Accuracy is not guaranteed and products may not be available to all borrowers, based on their individual situation. This is not a credit decision or commitment to lend. Depending on loan guidelines, mortgage insurance may be required and the mortgage insurance premium could increase the APR and monthly mortgage payment. Additional loan programs may be available.

** APR based on 1st Time Use of a VA Funding Fee other Funding Fees may apply (Sub Sequent Use, Exempt, or than 5% Down, or more than 10% Down). Rate applies to any Veteran with a credit score of 620 or more.

 Loan Assumptions

• Conforming Conventional 15yr and 30yr Fixed
• $275,000 Single-Family Purchase of Primary Residence (detached)
• $261,250 Loan Amount (95% LTV and 5% Down Payment)
• $206,250 Loan Amount (75% LTV and 25% Down Payment)
• 740 FICO Score
• Home Ready - Conforming Conventional 30yr Fixed
• $275,000 Single-Family Purchase of Primary Residence (detached)
• $266,750 Loan Amount (97% LTV and 3% Down Payment)
• 740 FICO Score
• Government FHA 30yr Fixed
• $275,000 Single-Family Purchase of Primary Residence (detached)
• $261,250 Base Loan Amount (96.50% LTV and 3.50% Down Payment)
• 620 FICO Score or Greater
• Government VA 30yr Fixed
• $275,000 Single-Family Purchase of Primary Residence (detached)
• $275,000 Base Loan Amount (100% LTV and 0% Down Payment)
• 620 FICO Score or Greater
• Portfolio (Jumbo) Arms (5/1, 7/1, or 10/1)
• $750,000 Single-Family Purchase of Primary Residence (detached)
• $562,500 Loan Amount (75% LTV and 25% Down Payment)
• 700 FICO Score
• Portfolio (Jumbo) Arms (5/1, 7/1, or 10/1) - The Professionals Loan
• $750,000 Single-Family Purchase of Primary Residence (detached)
• $712,500 Loan Amount (95% LTV and 5% Down Payment)
• 700 FICO Score
• Jumbo - 30 Year Fixed Loan 

• $750,000 Single-Family Purchase of Primary Residence (detached)
• $600,000 Loan Amount (80% LTV and 20% Down Payment)
• 720 FICO Score

 * For loans that have Mortgage Insurance, the mortgage insurance is based on a 760+ Credit Score Tier.