*Rate/APR/Points for $260K loan,
middle credit score 740,
80% LTV, Rates effective 11/02/2015
Click for Terms and Conditions
She's thorough, efficient, and goes above and beyond. She works hard and gets things done quickly! Love her work ethic! She returns phone calls promptly, she explains the process well and answers any questions or concerns so you can understand.
Chelsea is great to work with. She made me feel so comfortable and taken care of throughout my entire re-fi processes. I've done two with her. I will only do my real estate business with Chelsea. She's professional, knowledgeable and always looks out for her clients. You can't go wrong with Chelsea.
**Rate/APR/Points for $417,000 loan, middle credit score 780,69% LTV (Loan
to value) or less*
If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. The payment amount does not include homeowner's insurance, flood insurance (if applicable), or property taxes which must be paid in addition to your loan payment.
The displayed Annual Percentage Rate (APR) is a measure of the cost to borrow money expressed as a yearly percentage. For mortgage loans, excluding home equity lines of credit, it includes the interest rate plus other charges or fees (such as mortgage insurance, discount points, and origination fees). For home equity lines, the APR simply reflects the interest rate. When shopping for a mortgage, you can use the APR to compare the costs of similar loans between lenders.
Mortgage interest rates shown are based on a 30-day rate lock period. Under certain circumstances, a 60-day rate lock may be needed.
§ These mortgage rates are based upon a variety of assumptions and conditions which include a consumer credit score which may be higher or lower than your individual credit score. Your loan's interest rate will depend upon the specific characteristics of your loan transaction and your credit history up to the time of closing.
The estimated total closing costs above do not constitute and are not a substitute for a loan estimate, which includes an estimate of closing costs, than you will receive once you apply for a loan. The amounts provided above for Estimated Total Closing Costs, are estimations based on the state selected. This is NOT a mortgage loan approval or commitment to lend. The actual fees, costs and monthly payment on your specific loan transaction may vary, and may include city, county or other additional fees and costs.
Adjustable Rate Mortgages
Adjustable Rate Mortgage ("ARM") products have an initial fixed rate period of 3, 5, 7, or 10 years, and a full loan term of 30 years (360 months). After the initial fixed period has expired, the interest rate will be adjusted annually based upon an index plus a margin. An interest rate "cap" limits how high the interest rate may rise at each adjustment. Interest rate caps differ by ARM product.
Depending on market conditions at the time you lock your Initial Interest Rate, as well as the point option you select, your Initial Interest Rate may not be based on the Index used to make later adjustments. Instead, your Initial Interest Rate may have a discount or premium. A "premium" occurs when the Initial Interest Rate is more than the sum of the Index plus Margin. A "discount" occurs when the Initial Interest Rate is less than the sum of the Index plus Margin. Your interest rate may not move in the same direction as the Index. For example, if your loan has a premium, your interest rate may decline on the First Rate Change Date even if the Index remains the same or increases. If you choose a rate lock option that provides for a floating rate, your Initial Interest Rate at closing may be different from the interest rate in effect at the time you apply for your loan. The amount of the premium or discount may change as a result.
State and other conditions and restrictions may apply.
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All loans subject to credit and property approval. Rates and terms subject to change without notice.