Rates are Improving!!!
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- Take advantage of the Real Estate Market while Home prices are low and Interest Rates are even lower.
- Common Sense Underwriting (a large percentage of all FHA Approvals Manually Underwritten)
- HaVe a look at the following loan scenarios. These are all based on 30 Year Fixed Interest RATES! on Min FICO 600O0
Purchase Price | $110,000 | $110,000 | $110,000 | $110,000 |
4.625%4.875%4.75%4.75%
CONVENTIONAL FHA VA Rural Housing |
Down Payment | (10%) $11,000 | (3.5%) $3,850 | (0%) | (0%) |
Funding Fees (Financed) | (0) | (2%) $2,123 | (2.5%) $2,750 | (2%) $2,200 |
Total Loan Amount | $99,000 | $108,273 | $112,750 | $112,200 |
Term in Months | 360 | 360 | 360 | 360 |
Principal & Interest pmnt | $509.00 | $561.75 | $588.16 | $585.29 |
Mortgage Insurance | $74.25 | $48.65 | (0) | (0) |
Estimated Hazard Insurance | $37.13 | $37.13 | $37.13 | $37.13 |
Estimated Property Tax | $64.17 | $64.17 | $64.17 | $64.17 |
Total Monthly Pmnt | $684.55 | $722.94 | $689.46 | $686.59 |
Just call at your earliest convenience to reserve these interest rates and obtain a FREE Pre-approval within minutes! Let Marcela know that you saw this information in our blog.
Marcela Plechata
Loan Officer
Goldengate Mortage, Inc.
3102 Millwood Avenue
Columbia, SC 29205
(803) 788-2880 office
(803) 736-9290 fax
(803) 767-9637 cell
marcela@goldengatemortgage.net
Celebrating 10 Excellent Years!