30yr Fixed Rate 15yr Fixed Rate 5yr ARM
Best Mortgage 4.250% + 0.000% points 3.375% + 0.000% points 2.990% + 0.000% points
Available.Com ---------------- 0.00 points - 000 origination fees - 10% Down Payment --------------------
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Bank Of America 4.250% + 1.375% points 3.500% + 1.000% points 2.875% + 1.000% points
--------- 30% down payment required for these rates and BOA charges a $875 lender fee in addition to points ----------
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CitiMortgage 4.750% + 0.750% points 3.500% + 1.000% points 3.125% + 0.875% points
-------- CitiMortgage also charges $565 commitment fee + 470 application fee ---------
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Chase 4.375% + 1.500% points 3.500% + 1.250% points 2.750% + 1.250% points
------- Chase also charges $550 Processing Fee + $395 Application Fee --------
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Ditech 4.250% + 1.750% points with a 721 Credit Score Required for this offer
------- 25% Down Payment Required & A Rate Lock Fee Will Also Be Charged For this Rate -------
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Quicken Loans 4.250% + 1.750% points 3.625% + 1.250% points 2.990% + 0.875% points
------- Quicken Required 30% Down Payment For These Rates -------
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Suntrust 4.250% + 0.500% points 3.750% + 0.750% points 2.875% + 0.375% points &
---- 20% down payment required for these mortgage offers above if not rates are higher ----
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Wachovia 4.375% + 1.000% points 3.500% + 1.000% points 3.000% + 1.000% points &
Division Of Wells Fargo ---- 20% down payment required for these mortgage offers above if not rates are higher ----
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Wells Fargo 4.375% + 1.000% points 3.500% + 1.000% points 3.000% + 1.000% points &
---- 20% down payment required for these mortgage offers above if not rates are higher ----
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If you apply with us you may receive a loan offer from one or more of these lenders but it will be on a wholesale basis.
* Explanation of points and origination fees:
- A 1% origination fee or 1 point is equal to 1% of the loan amount ( 1% of $200,000 equals $2000). Some offers above charge
both points and origination fees along with additional fees which are listed.
* Assumptions:
- Offers have been based upon a purchase of a single family home / town house used as a primary residence.
- The purchase price was $200,000.
- All offers above required a 20% down payment except where noted such as Quicken Loans who required a 30% down
payment.
- Applicants must be able to document their income.
- A minimum credit score of 721 was required for all offers listed above.
- Rate lock period was 30-60 days
* The interest rate you receive from any lender may vary depending on such factors as your credit score, the type of property in
question, purchase or refinancing, etc.
Best Mortgage 4.250% + 0.000% points 3.375% + 0.000% points 2.990% + 0.000% points
Available.Com ---------------- 0.00 points - 000 origination fees - 10% Down Payment --------------------
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Bank Of America 4.250% + 1.375% points 3.500% + 1.000% points 2.875% + 1.000% points
--------- 30% down payment required for these rates and BOA charges a $875 lender fee in addition to points ----------
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CitiMortgage 4.750% + 0.750% points 3.500% + 1.000% points 3.125% + 0.875% points
-------- CitiMortgage also charges $565 commitment fee + 470 application fee ---------
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Chase 4.375% + 1.500% points 3.500% + 1.250% points 2.750% + 1.250% points
------- Chase also charges $550 Processing Fee + $395 Application Fee --------
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Ditech 4.250% + 1.750% points with a 721 Credit Score Required for this offer
------- 25% Down Payment Required & A Rate Lock Fee Will Also Be Charged For this Rate -------
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Quicken Loans 4.250% + 1.750% points 3.625% + 1.250% points 2.990% + 0.875% points
------- Quicken Required 30% Down Payment For These Rates -------
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Suntrust 4.250% + 0.500% points 3.750% + 0.750% points 2.875% + 0.375% points &
---- 20% down payment required for these mortgage offers above if not rates are higher ----
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Wachovia 4.375% + 1.000% points 3.500% + 1.000% points 3.000% + 1.000% points &
Division Of Wells Fargo ---- 20% down payment required for these mortgage offers above if not rates are higher ----
------------------------------------------------------------------------------------------------------------------------------------------------
Wells Fargo 4.375% + 1.000% points 3.500% + 1.000% points 3.000% + 1.000% points &
---- 20% down payment required for these mortgage offers above if not rates are higher ----
------------------------------------------------------------------------------------------------------------------------------------------------
If you apply with us you may receive a loan offer from one or more of these lenders but it will be on a wholesale basis.
* Explanation of points and origination fees:
- A 1% origination fee or 1 point is equal to 1% of the loan amount ( 1% of $200,000 equals $2000). Some offers above charge
both points and origination fees along with additional fees which are listed.
* Assumptions:
- Offers have been based upon a purchase of a single family home / town house used as a primary residence.
- The purchase price was $200,000.
- All offers above required a 20% down payment except where noted such as Quicken Loans who required a 30% down
payment.
- Applicants must be able to document their income.
- A minimum credit score of 721 was required for all offers listed above.
- Rate lock period was 30-60 days
* The interest rate you receive from any lender may vary depending on such factors as your credit score, the type of property in
question, purchase or refinancing, etc.
Offers For Conventional Loan Amounts Under $417,001
+ 1.00% origination fee + 1.00% origination fee + 1.00% origination fee
Compare Rates From Retail Lenders For The Week Of Aug. 1st to Aug. 7th:
Best Mortgage Available. com
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