*Comparisons based on conventional conforming 30-year fixed loans for debt-to-income ratio 41-45% between top 10 wholesalers and top 10 nonbank retailers. Savings are calculated over the life of the loan. Source. Association of Independent Mortgage Experts
Mortgage Interest Rates
We’ll shop our extensive network of local and national lenders for the overall best loan product and interest rate.
Did you know?
On average, borrowers save over $9,400* when getting their mortgage through a broker.
What interest rate will you get when shopping for a home in New York or Florida?
The three key criteria impacting your interest rate are
Your Credit Score
Your credit score has a large impact on your qualifying interest rate. The higher your score, the better your interest rate will be. A credit score of about 760 will usually qualify you to get the best rates available.
Your Loan Product / Down Payment
The type of loan product (e.g. Conventional Loan, VA Loan, FHA Loan, etc.) and size of your down-payment will impact the interest rate you qualify for.
Your Occupancy | Single Family Or Multi-Unit
Interest rates vary depending on whether the property will be your Primary residence, Second Home, or an Investment Property.
Yes, interest rates are complex.
But don’t worry, your ClearPath Loan Officer will guide you through choosing a perfect home interest rate for you.
National Average Interest Rates
To help illustrate National interest rate averages (across the country) based on credit score, loan-to-value (LTC), and interest rate trends over the past few months.
Contact a ClearPath Loan Officer for an accurate rate quote unique to your situation.
