The example loan rate of 2.750% for a 15-year $240,000 FIXED Mortgage with an APR of 2.981% for purchase and refinance loans is generally based on the following criteria:
borrower with 760+ FICO, documentable income, single family home, owner occupied, with 45% down payment/equity position (or 55% loan to value ratio). The Annual Percentage Rate (APR) is 2.981%
Rate (APR) and other terms may vary from those displayed based on the creditworthiness of the borrower, the type of dwelling, whether the borrower is self-employed, the location of the property and other factors. The content of this page does not constitute a guarantee of qualification, which is subject to review and approval by loan officers and underwriting. Advertised rates are subject to change.