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| Conventional 15-year Fixed |
| Conventional 30-year Fixed |
| USDA Rural Development Loan |
| VA Mortgage Loan |
| FHA |
Rates last updated on Thursday, November 30, 2023
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Conventional 15-year Fixed
Conventional Mortgage Loan: The down payment on these programs are typically 3% to 20 % • These loans are underwritten based upon Fannie Mae / Freddie Mac Guidelines • Loan Terms of 10 to 15 years available • Down Payment of 3% or more • Interest rates can be fixed for the term of the loan • Mortgage Insurance required on down payment of less than 20% • Payments shown do not include amounts for taxes and insurance, if applicable, and actual payment will be greater.
Term: 15 years
Maximum Amount: $726,200
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| Rates | APR | Points | Payment |
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| 6.375% | 7.204% | 1% | $1,231.56 |
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Conventional 30-year Fixed
Conventional Mortgage Loan: The down payment on these programs are typically 3% to 20 % • These loans are underwritten based upon Fannie Mae / Freddie Mac Guidelines • Loan Terms of 20 to 30 years available • Down Payment of 3% or more • Interest rates can be fixed for the term of the loan • Mortgage Insurance required on down payment of less than 20% • Payments shown do not include amounts for taxes and insurance, if applicable, and actual payment will be greater.
Term: 30 years
Maximum Amount: $726,200
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| Rates | APR | Points | Payment |
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| 6.875% | 7.675% | 0.875% | $936.12 |
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USDA Rural Development Loan
USDA Rural Development Loan: This is a 100% Loan guaranteed through USDA • There are income limits and property requirements • The loan is 0% down payment • Closing costs can be included in loan up to the appraised value • There is an annual fee of .35% added to monthly payment • Interest rate is fixed for 30 years • Loans underwritten to USDA guidelines • Payments shown do not include amounts for taxes and insurance, if applicable, and actual payment will be greater.
Term: 30 years
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| Rates | APR | Points | Payment |
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| 6.625% | 7.396% | 1% | $970.17 |
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VA Mortgage Loan
VA Mortgage Loan: This loan is for qualified veterans • It is a 100% loan with NO MI included in the monthly payment • There are no income limits • There are property requirements • 15, 20, 25 and 30 year fixed rate term available • Payments shown do not include amounts for taxes and insurance, if applicable, and actual payment will be greater.
Term: 30 years
Maximum Amount: $726,200
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| Rates | APR | Points | Payment |
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| 6.625% | 7.095% | 0.75% | $981.12 |
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FHA
This is typically a 96.5% loan. The required borrower investment on FHA loan is 3.5%. There is no income limit on an FHA loan. 15, 20 and 30 year terms available. Interest rates are fixed for the term of the loan. Mortgage insurance is required for the term of the loan. Loan is underwritten to FHA guidelines. Payments shown do not include amounts for taxes, insurance and mortgage insurance, if applicable, and actual payment will be greater.
Term: 30 years
Maximum Amount: $472,030
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| Rates | APR | Points | Payment |
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| 6.75% | 7.968% | 1.375% | $955.27 |
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