Lenders 30yr Fixed Rate 15yr Fixed Rate 5yr ARM
Best Mortgage 4.990% + 0.000% points 4.490% + 0.000% points 4.250% + 0.000% points
Available.Com ------------- 0.00 points - 0.00 origination fees - 0.00 application fees --------------------
------------------------------------------------------------------------------------------------------------------------------------------------
Bank Of America 4.875% + 1.125% points 4.625% + 1.125% points 0.000% + 0.000% points
------------------------------------------------------------------------------------------------------------------------------------------------
CitiMortgage 5.375% + 0.000% points 4.875% + 0.125% points 0.000% + 0.000% points
--- CitiMortgage also charges $565 commitment fee + 470 application fee -----
------------------------------------------------------------------------------------------------------------------------------------------------
Chase 5.500% + 2.000% points 4.625% + 1.250% points 4.875% + 2.000% points
--- Chase also charges $550 Processing Fee + $395 Application Fee -----
------------------------------------------------------------------------------------------------------------------------------------------------
Ditech 4.625% + 2.125% points and a 731 Credit Score Required for this offer
-------20% Down Payment Required & A Rate Lock Fee Charged For this Rate--------------------
------------------------------------------------------------------------------------------------------------------------------------------------
Suntrust 4.875% + 0.000% points & 4.500% + 0.000% points & 4.375% + 0.000% points &
---- 20% down payment required for these mortgage offers above if not rates are higher ----
------------------------------------------------------------------------------------------------------------------------------------------------
Wells Fargo 4.875% + 1.000% points & 4.625 + 1.000% points & 4.625% + 1.000% points &
---- 20% down payment required for these mortgage offers above if not rates are higher ----
------------------------------------------------------------------------------------------------------------------------------------------------
* Explanation: 1.00% Origination Fee or 1 Point is equal to 1% of the loan amount. If the loan amount is $200,000 then
1% origination fee or 1 point is $2000. Some offers above charge both a point and an origination fee to obtain rate offered along
with other 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.
- 10% down payment required for all offers above except where noted.
- Lenders such as Chase, Ditech, Suntrust and Wells Fargo required a 20% down payment for offers listed above.
- Applicants must be able to document their income.
- A credit score of 720 was required forall offers listed above.
- Rate lock was good for 30 days
- Best Mortgage Available.com has programs with a 3.5% down payment with credit scores down to 540.
The interest rate you receive may vary depending on your credit score, the length of the rate lock period, the type of property in
question, if you plan on purchasing or refinancing and the mortgage program being applied for.
Rates may change without notice until locked.
Best Mortgage 4.990% + 0.000% points 4.490% + 0.000% points 4.250% + 0.000% points
Available.Com ------------- 0.00 points - 0.00 origination fees - 0.00 application fees --------------------
------------------------------------------------------------------------------------------------------------------------------------------------
Bank Of America 4.875% + 1.125% points 4.625% + 1.125% points 0.000% + 0.000% points
------------------------------------------------------------------------------------------------------------------------------------------------
CitiMortgage 5.375% + 0.000% points 4.875% + 0.125% points 0.000% + 0.000% points
--- CitiMortgage also charges $565 commitment fee + 470 application fee -----
------------------------------------------------------------------------------------------------------------------------------------------------
Chase 5.500% + 2.000% points 4.625% + 1.250% points 4.875% + 2.000% points
--- Chase also charges $550 Processing Fee + $395 Application Fee -----
------------------------------------------------------------------------------------------------------------------------------------------------
Ditech 4.625% + 2.125% points and a 731 Credit Score Required for this offer
-------20% Down Payment Required & A Rate Lock Fee Charged For this Rate--------------------
------------------------------------------------------------------------------------------------------------------------------------------------
Suntrust 4.875% + 0.000% points & 4.500% + 0.000% points & 4.375% + 0.000% points &
---- 20% down payment required for these mortgage offers above if not rates are higher ----
------------------------------------------------------------------------------------------------------------------------------------------------
Wells Fargo 4.875% + 1.000% points & 4.625 + 1.000% points & 4.625% + 1.000% points &
---- 20% down payment required for these mortgage offers above if not rates are higher ----
------------------------------------------------------------------------------------------------------------------------------------------------
* Explanation: 1.00% Origination Fee or 1 Point is equal to 1% of the loan amount. If the loan amount is $200,000 then
1% origination fee or 1 point is $2000. Some offers above charge both a point and an origination fee to obtain rate offered along
with other 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.
- 10% down payment required for all offers above except where noted.
- Lenders such as Chase, Ditech, Suntrust and Wells Fargo required a 20% down payment for offers listed above.
- Applicants must be able to document their income.
- A credit score of 720 was required forall offers listed above.
- Rate lock was good for 30 days
- Best Mortgage Available.com has programs with a 3.5% down payment with credit scores down to 540.
The interest rate you receive may vary depending on your credit score, the length of the rate lock period, the type of property in
question, if you plan on purchasing or refinancing and the mortgage program being applied for.
Rates may change without notice until locked.
Best Mortgage Available.com
Rates For Loan Amounts Under $417,001
+ 1.00% origination fee + 1.00% origination fee + 1.00% origination fee
Rates Of Retail Lenders: