- 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.
