07/19/2020
Mortgage Rates
July 17, 2020
Rate APR Points
30 Year Fixed 2.625% 2.780% 0.750
15 Year Fixed 2.375% 2.604% 0.375
30 Year FHA 2.625% 3.742% 0.375
30 Year VA 2.625% 2.990% 0.375
30 Year Jumbo 3.750% 3.810% 0.000
The above scenarios assume a $350,000 sale price ($1.5M on a Jumbo) on a purchase transaction with 25% down, a 740 FICO score and a 45 day rate lock. Rates are as of business day prior to the date listed above. Interest rate and annual percentage rate (APR) are based on current market conditions as of 6/25/2020, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
I look forward to working with you! Please contact me at 312-893-1397 or [email protected] I can assist you or any of your clients.
Rick Pantoga
Prosperity Home Mortgage, LLC
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Rick Pantoga
Mortgage Consultant
NMLS # 552590
980 North Michigan Ave Suite 700
Chicago, IL 60611
Office # 312-893-1397
Cell # 773-899-5100
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