Illustrative pricing for a 740 FICO file on the wholesale channel. Not a live feed and not a commitment to lend. Your actual rate is set by your file.
| Program | Rate | APR | Points | Notes |
|---|---|---|---|---|
| 30-Year Fixed, Conventional | 6.500% | 6.618% | 0.625 | Owner-occupied, 740 FICO, 20% down, $480,000 loan amount. |
| 15-Year Fixed, Conventional | 5.750% | 5.881% | 0.500 | Same borrower profile as above. |
| 30-Year Fixed, FHA | 6.125% | 7.060% | 0.500 | 3.5% down, 680 FICO. APR includes mortgage insurance premium. |
| 30-Year Fixed, VA | 6.000% | 6.214% | 0.500 | Eligible service, 0% down. Funding fee financed. |
| 30-Year Fixed, USDA | 6.250% | 6.392% | 0.500 | Eligible rural property, income limits apply. |
| 30-Year Fixed, Jumbo | 6.875% | 6.946% | 0.750 | Loan amount above $806,500. Reserves required. |
| 7/6 ARM, Conventional | 6.125% | 6.812% | 0.500 | SOFR-indexed, 5/1/5 caps. Suitable when horizon is under seven years. |
| HELOC, Variable | 8.250% | 8.250% | 0.000 | Prime minus 0.25%. Floor 4.00%, ceiling 18.00%. |
| DSCR 30-Year Fixed | 7.250% | 7.380% | 1.000 | Investment property. 1.0+ DSCR, 75% LTV, 680 FICO. Rate set by property cash flow. |
| DSCR 7/6 ARM | 6.875% | 7.190% | 1.000 | Investment property. 7-year fixed period. 1.0+ DSCR, 75% LTV. |
Indicative only. Not a Loan Estimate. Pricing changes intra-day with the bond market. Your actual rate is set by your file: credit score, loan amount, occupancy, property type, debt-to-income, reserves. A formal pre-approval will state the rate available to you specifically. DSCR pricing assumes 1.0+ debt-service coverage and 75% LTV. Sub-1.0 DSCR loans price higher and are available on select investors.
Best if you plan to keep the loan seven years or longer. Break-even on points is roughly 5.6 years on this file.
No bet either way. Middle option with neither discount cost nor a credit. If you do not know the answer, start here.
Best if you plan to refinance inside three years or want a tight cash-to-close. Lender covers most third-party costs.
Illustrative pricing for the borrower profile above. Real pricing is locked at application after a soft credit pull and is subject to lender approval. Not a commitment to lend.
Estimate only. Excludes taxes, insurance, and any mortgage insurance premium. The math here matches the principal-and-interest math your Loan Estimate will run.
Most investors price best at 1.0+ DSCR and 75% LTV. Below 1.0 is still doable on select lenders, priced higher.
DSCR estimate only. Lenders calculate DSCR as gross monthly rent divided by full PITIA (principal, interest, taxes, insurance, and association dues). Not a commitment to lend; the final ratio and pricing are set by the lender, an appraisal, and a market rent schedule.
Indicative pricing is a sketch. To see the rate available to your file, send us an inquiry. Pre-approval lands within twenty-four hours.
