Assumptions

  • Mortgage rates could change daily.
  • Fixed Rate means your rate is the same throughout the term of the loan
  • ARM rate is fixed during the introductory period after which they can adjust yearly.
  • Actual payments will vary based on your individual situation and current rates.
  • Some products may not be available in all states.
  • Lending services may not be available in all areas.
  • Some restrictions may apply.
  • Streamlines are only available for FHA to FHA refinancing.
  • Some Streamlines may require an appraisal
  • Jumbo loans are available in both FHA and Conventional.
  • Jumbo loans over $1,000,000 may require 2 appraisals.
  • USDA Loans are only available as fixed rate, 30 year term.
  • All loans require minimum qualifications regarding, credit, income and property value.
  • $975 is a Lender Fee paid to Semper Home Loans. Other third party fees may apply.
  • If LTV > 80%, PMI will be added to your monthly mortgage payment, with the exception of Military/VA loans. Military/VA loans do not require PMI.
  • For FHA loans payment includes a onetime upfront mortgage insurance premium (MIP) at 1.75% of the base loan amount and a monthly MIP calculated at 1.25% of the base loan amount. The 1.25% monthly MIP will be paid until the loan reaches 78% LTV, provided the MIP has been paid for a minimum of 5 years. Thereafter, the monthly loan payment will consist of equal monthly principal and interest payments only until the end of the loan.