* Conventional Loan Details:Purchase, primary residence, single family home, 740+ FICO, 20% down, 40% DTI, $480,000 loan amount, w escrows, 30 day lock, end of month closing.  Rates were available for qualified borrowers on the date shown with 1 point or less.  Maximum conventional loan amount for 2023 is $726,200.
* FHA Loan Details:Purchase, primary residence, single family home, 680+ FICO, 3.5% down, $380,000 loan amount, w escrows, 30 day lock, end of month closing.  Rates were available for qualified borrowers on date shown w 1 point or less.
* VA Loan Details:Purchase, primary residence, single family home, 680+ FICO, no down payment, loan amount $500,000, w escrows, first use of VA benefit, 30 day lock, end of month closing.  Rates were available for qualified borrowers on the date shown w 1 point or less.
* Jumbo Loan Details:Purchase, primary residence, single family home, 760+ FICO, Purchase Price $1,250,000, 30% down payment, loan amount $875,000, w escrows, 30 day lock, end of month closing.  Rates were available for qualified borrowers on the date shown w 1 point or less.

Differences in rates between loan products & terms do not always make immediate sense.  Factors such as supply and demand, and investor appetite for risk all come into play.  Larger down payments and paying points can have a big impact on the rate offered.  Borrowers with credit scores different from those shown may qualify for different rates.

Additional loan programs and scenarios may be available for qualified borrowers with varying combinations of down payment, interest rate, closing costs, and monthly payments, but all programs require a fully documented loan application. Rates change on a daily basis and during each day without notice. Every borrower’s situation is unique, and not all borrowers will qualify for these rates.

Condos require special consideration – please ask.