Rate Assumptions
Conventional Loan Assumptions:
$250,000 purchase price. This offer is for new applicants, for a limited time, and subject to change without notice. Applies to purchases. The information provided assumes the purpose of the loan is to purchase a property, with 5% down payment, a loan amount of $237,500, and an estimated property value of $250,000. The property is an existing single family home and will be used as a primary residence. The rate lock period is 30 days with no points and the assumed credit score is 760. Offer is subject to credit approval.
FHA Loan Assumptions:
$250,000 purchase price. This offer is for new applicants, for a limited time, and subject to change without notice. Applies to purchases. The information provided assumes the purpose of the loan is to purchase a property, with 3.5% down payment, a loan amount of $245,471, and an estimated property value of $250,000. The property is an existing single family home and will be used as a primary residence. The rate lock period is 30 days with no points and the assumed credit score is 700. Offer is subject to credit approval.
VA Loan Assumptions:
$250,000 purchase price. This offer is for new applicants, for a limited time, and subject to change without notice. Applies to purchases. The information provided assumes the purpose of the loan is to purchase a property, with 0% down payment, a loan amount of $255,375, and an estimated property value of $250,000. The property is an existing single family home and will be used as a primary residence. The rate lock period is 30 days with no points and the assumed credit score is 700. Offer is subject to credit approval.
Jumbo Loan Assumptions:
$680,000 purchase price. This offer is for new applicants, for a limited time, and subject to change without notice. Applies to purchases. The information provided assumes the purpose of the loan is to purchase a property, with 20% down payment, a loan amount of $680,000, and an estimated property value of $850,000. The property is an existing single family home and will be used as a primary residence. The rate lock period is 30 days with no points and the assumed credit score is 760. Offer is subject to credit approval.
