Click on the link to view today's home purchase/refinance rates:
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A series of positive economic reports released last week, combined with the government’s announcement to purchase $200 billion in mortgage-backed securities (MBS), helped push mortgage rates lower. As a result, 30-year fixed rates have fallen to near recent lows.
In today’s clear buyer’s market, more homeowners are considering Bank Statement Loans as a flexible financing option. For borrowers purchasing a vacation home, this program requires as little as 10% down and does not require mortgage insurance (PMI), offering meaningful advantages for cash flow and overall borrowing costs.
Our current pricing now includes Bank Statement Loan options for both primary residences and investment properties, providing greater flexibility to meet different borrower needs.
In addition, DSCR investment property guidelines have improved, and our company can now offer investment property financing in 38 states.
Reminder:
Current loan pricing already includes a 40 basis point (bps) incentive. Please take advantage of this favorable window.
