Rates on Mortgages, Home Equity Loans & Lines of Credit
Private Mortgage Insurance (PMI) on Financing up to 97%
For a Home Equity Loan you can get approved and receive the full amount at loan closing. You'll have a fixed rate and can borrow up to $400,000 for 10 or 15 years.
For a Home Equity Line of Credit you can get approved for a total amount, use the funds as needed, and only pay interest on the amount outstanding at any given time. You'll have a variable rate and can borrow up to $400,000 for 15 years.
At one point or another most of us have been told we need to have a 20-percent down payment when buying a home. But with high amounts of student debt and other financial responsibilities, I see a lot of first-time homebuyers struggling to save that much money.
The good news is that if you find yourself in the position of wanting to buy a home and not being able to save 20-percent, there are other options to consider. Read More
*APY = Annual Percentage Yield | APR = Annual Percentage Rate
F = Fixed Rate | V = Variable Rate
LTV = Loan-to-Value, DTI = Debt-to-Income, PMI = Private Mortgage Insurance
*The information provided assumes the purpose of the loan is to purchase or refinance a primary residence. Rates are based on an assumed credit score of 740, 70% loan to value(LTV) and loan amount based on FHA loan limits per county.
Annual Percentage Rate(s) shown are the lowest rates available. Your actual rate may vary and can be higher based on creditworthiness. Terms shown are the best terms available. Rates are subject to change without notice. Other restrictions may apply. For our most current rates, visit our Rates Page.