Click on the link to view today's home purchase/refinance rates:
California Colorado Oregon Texas Utah
Mortgage rates stayed mostly steady last week. While rates ticked up slightly today, overall conditions remain stable.
Recently, our 3% down payment home purchase program has been receiving strong interest. Borrowers whose household income is below 80% of the area median income (AMI) may qualify for additional rate incentives or fee reductions, helping further lower the barrier to homeownership.
Attached is a sample Loan Estimate for your reference:
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Purchase price: $300,000 (Texas)
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Credit score: FICO 700
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Down payment: 3%
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Estimated monthly payment: $1,917
(includes principal, interest, and mortgage insurance)
To help reduce upfront costs, we are waiving underwriting fee and appraisal fees, with estimated cash to close of approximately $12,000.
If you or someone you know is considering purchasing a home, please feel free to reach out. I’d be happy to help more renters take the next step into homeownership.
Friendly reminder:
Current pricing already includes a 40 basis points (bps) credit.
