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Mortgage Interest Rates Interest based on the following criteria: Purchase, First-Time Homebuyer, Single Family Home, Minimum Down Payment, 760+ Credit Score, Owner-Occupied, Conforming Loan Conv: Income > 100% AMI 7.125%6.875%7%7%6.99%7.375%7.25%6.99%6.99%7.125%6.99%6.99%6.99%6.99%6.99%6.99%6.99%6.5%6.625%6.875%6.99%6.99%6.625%6.875%6.625%   Conv: Income < 100% AMI 6.99%6.625%7%6.99%6.875%7.375%7.25%6.875%6.875%6.99%6.875%6.99%6.99%6.99%6.99%6.875%6.875%6.5%6.5%6.625%6.875%6.875%6.625%6.625%6.625%   FHA 6.125%6.00%6.125%6.25%6.125%6.5%6.5%5.99%5.99%6.125%6.125%6.125%6.125%6.125%6.125%5.99%5.99%5.625%5.625%5.75%5.99%5.99%5.75%5.75%5.75%   *VA 6.25%6.125%6.25%6.25%6.25%6.625%6.625%6.125%6.125%6.25%6.125%6.125%6.125%6.125%6.125%6.125%6.125%5.625%5.625%5.99%6.125%5.99%5.75%5.99%5.75%…

Mortgage Jargons 3-Day Rule: a lender is required by law to give the borrower the Closing Disclosure (Pre) 3 days before closing, so they have plenty of time to go over the terms of their loan. 1031 Exchange: A way…

Who Can Be Classified as a First-Time Home Buyer? Curious about whether you fit the criteria of a first-time home buyer? According to the U.S. Department of Housing and Urban Development (HUD), you fall into this category if any of…

Temporary Rate Buydown Here’s a short and easy way of understanding what a Temporary Rate Buydown is. Reason for a Temporary Rate Buydown: Rates are high. This is a small band-aid to fight with high rates and high monthly…

Conventional Loan vs VA Loan Minimum Down Payment Conventional Loans: 3% For example, if you are buying a home for $200,000, the minimum down payment would be $6,000. VA Loans: 0% For example, if you are buying a home for…

How to get an interest rate quote without having to answer 20+ questions Should be Fast & Easy It’s as easy as a simple text. These QR codes are also located on my home page. Scan the one correlated to…

What is PMI? What is MIP? PMI: Private Mortgage Insurance | MIP: Mortgage Insurance Premium Private Mortgage Insurance (PMI) Mortgage Insurance Premium (MIP) PMI is mortgage insurance for Conventional loans. All conventional loans with a down payment less than 20%…

What is GFL Capital Mortgage? GFL Capital is a Mortgage broker. Click to watch a quick Short Previous Next GFL Capital Mortgage is a mortgage broker headquartered in Sacramento, CA with license to conduct business in CA, NV, OR, WA,…