LOAN ASSUMPTIONS

Conventional First Mortgage

Disclosed rate assumes a $350,000 purchase loan or rate and term refinance loan on an owner-occupied, detached,  single family residence, borrower is not self-employed and owns no other properties, minimum 740 FICO credit score, 75% loan to value with no subordinate debt. If these factors are not met, you may still qualify for a loan but higher rates may apply. Subject to underwriting approval. Not all applicants will qualify. 
Estimated 3rd Party Charges in a Refi that are covered in the 'No Closing Cost' Option:
  • ALTA $500.00
  • Sub-escrow $95
  • Wire fees $60
  • Endorsements $50-75
  • Recording $125
  • Special messenger fees $40
  • Escrow Fee $595.00
  • Doc prep (if any are prepared) $50
  • Wire fee $30
  • Email documents $50
  • Notary/signing fee $195
  • Underwriting $995
  • Appraisal $500
TOTAL = $3,300+/-  (.094%)