Rates for 10-18-18 with Closing costs breakdown and pricing matrix explained.

Real information for real people with zero B.S.  Call us to discuss!  We will be glad to help.

 

4.375% 4.681% $2,389.00 $499.29 Details
4.500% 4.739% $1,607.00 $506.69 Details
4.625% 4.811% $959.00 $514.14 Details
4.750% 4.937% $378.00 $521.65 Details
4.875% 5.064% ($135.00) $529.21 Details
5.000% 5.190% ($627.00) $536.82 Details
5.125% 5.317% ($1,262.00) $544.49 Details
5.250% 5.443% ($1,736.00) $552.20 Details
5.375% 5.569% ($2,163.00) $559.97 Details
  • Based on our example of a $150,000.00 Purchase with a $100,000.00 new mortgage. We use this example to illustrate in simple math terms the Yield Spread Premium, i.e. the bottom figures closest to this explanation show a rate of 5.375% with a YSP of ($2,163.00). This means if you borrowed $400,000.00 then 4 x 2,163= $8,652.00 which is a figure that most lenders won’t disclose to you.
  • Below appears the cost breakdown at “par” rate which means you don’t pay extra – “points” – nor is there any YSP.

30-Year Fixed Rate

4.625% Rate / 4.811% APR
Federal Disclosure: Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan.
  • Guaranteed Lender Charges $995.00
    • Guaranteed Lender Fee $995.00
  • Guaranteed Lender Credit ($36.00)
  • 3rd Party Services We Select $591.50
    • Guaranteed Appraisal Fee $482.00
    • Guaranteed Credit Report Fee $40.00
    • Guaranteed Flood Cert Fee $5.50
    • Guaranteed Tax Service Fee $64.00
  • 3rd Party Services You May Select $2,080.00
    • Title – ALTA 8.1 (Environmental) $25.00
    • Title – ALTA 9 (REM) $85.00
    • Title – Lender’s Title Insurance $575.00
    • Title – Settlement Fee $945.00
    • Title – Survey Fee $300.00
    • Title – Tax Certificate $25.00
    • Title – Title Services-Doc Prep Fee $125.00
  • Recording Fees $183.00
  • Transfer Taxes $1,450.00
  • Optional Owners Title Insurance $275.00
    • Title – Owner’s Title Insurance (optional) $275.00
  • Fees typically paid by Seller ($900.00)
  • Total Lender & Third Party Costs $4,638.50
Important Notices
  • Closing costs based on information you provided and subject to change until you have completed an application and locked your rate. Upon completion of your online application, you will be provided with an online Loan Estimate (official federal disclosure). Upon receipt of online approval, you will be given the opportunity to lock in your rate and guaranteed closing costs.
  • Fees for third party service providers are guaranteed as shown, including Appraisal, Credit Report, Flood Cert, Tax Service, and all Government Charges and Taxes. Settlement Agent and Lenders Title Insurance are guaranteed if you use the national service provider we contract with to provide these services in your state.
  • Guaranteed fees include only fees customarily paid by buyer. Fees customarily paid by seller that buyer may agree to pay are not included in this guarantee.
  • On purchase transactions under contract, you may lock this rate and guaranteed closing costs online, anytime 24/7. To do so, simply complete an online application which takes about 20 minutes. Upon submission, you will be given an opportunity to lock your rate.
  • On purchase transactions not yet under contract, we encourage you to complete an online application and receive a free Lender Pre-Approval Letter to strengthen your offer.

  • Purchase Price $150,000.00
  • Guaranteed Lender Charges
    • Guaranteed Lender Fee $995.00
  • Guaranteed Lender Credit ($36.00)
  • 3rd Party Services We Select $591.50 total of below
    • Guaranteed Appraisal Fee $482.00
    • Guaranteed Credit Report Fee $40.00
    • Guaranteed Flood Cert Fee $5.50
    • Guaranteed Tax Service Fee $64.00
  • 3rd Party Services You May Select $2,080.00 total of below
    • Title – ALTA 8.1 (Environmental) $25.00
    • Title – ALTA 9 (REM) $85.00
    • Title – Lender’s Title Insurance $575.00
    • Title – Settlement Fee $945.00
    • Title – Survey Fee $300.00
    • Title – Tax Certificate $25.00
    • Title – Title Services-Doc Prep Fee $125.00
  • Recording Fees $183.00
  • Transfer Taxes $1,450.00
  • Prepaids $715.07 total of below
    • Homeowner’s Insurance Premium $525.00
    • Prepaid Interest $190.07
  • Escrow Account Initial Deposit $841.68 total of below
    • Homeowner’s Insurance $175.00
    • Property Taxes $666.68
  • Optional Owners Title Insurance $275.00
    • Title – Owner’s Title Insurance (optional) $275.00
  • Fees typically paid by Seller ($900.00)
  • Your new loan amount ($100,000.00)
  • Estimated cash required to close $56,195.25  Down Payment in this example is $50,000.00.  So closing costs to buyer are $6,195.25 in this example.
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