Nate D.: SaveRight Mortgage provided the easiest, quickest mortgage process that I have ever been a part of. We have had terrible experiences with re-financing with other companies in the past, but SaveRight was professional, easy to work with and got things done quickly. I will definitely be going back to SaveRight Mortgage for any future mortgage needs and I would recommend them to anybody.
PAR RATES: PURCHASE OR REFI
CONVENTIONAL 30-YR
Fixed Rate:
6.49%
APR: 6.532%
FHA 30-YR
Fixed Rate:
5.875%
APR: 6.653%
VA 30-YR
Fixed Rate:
5.875%
APR: 6.079%
Jumbo 30-YR
Fixed Rate:
6.5%
APR: 6.577%
BANK BUSTER RATES: BUY WITH SAVERIGHT REALTY
CONVENTIONAL 30-YR
Fixed Rate:
6.125%
APR: 6.194%
FHA 30-YR
Fixed Rate:
5.5%
APR: 6.307%
VA 30-YR
Fixed Rate:
5.5%
APR: 5.709%
Jumbo 30-YR
Fixed Rate:
6.125%
APR: 6.206%
3-2-1 CONV Bank Buster BUYDOWN:
YEAR 1
Rate:
3.125%
P&I Payment:
$2,570
YEAR 2
Rate:
4.125%
P&I Payment:
$2,908
YEAR 3
Rate:
5.125%
P&I Payment:
$3,267
YEARS 4-30
Fixed Rate:
6.125%
APR: 6.218% P&I PMT:
$3,646
FHA & VA 3-2-1 Bank Buster BUYDOWN:
YEAR 1
Rate:
2.5%
P&I PMT:
$2,371
YEAR 2
Rate:
3.5%
P&I PMT:
$2,694
YEAR 3
Rate:
4.5%
P&I PMT:
$3,040
YEARS 4-30
Fixed Rate:
5.5%
FHA/VA APR: 6.307%/5.709%
PMT: $3,407
Get Your Custom Quote
Your scenario is likely different than the one used to quote the rates above. Complete the free Purchase or Refinance form and we'll email your custom quote with today's rates. Or, call 801-APPROVE. We shop dozens of the premier mortgage lenders in the country to find your best, rock-bottom deal. We don't run your credit. Just give us the basics and we provide you a quote customized to your exact scenario. It's free. No strings attached. We guarantee you'll like what you see! Nobody does what SaveRight Mortgage does. The premier wholesale mortgage lenders independently shopped on your behalf. It's why we crush other mortgage lenders. It's mortgage lending done right!
TEMPORARY RATE BUYDOWN OPTIONS
A temporary rate buydown allows you to save thousands of dollars in the first few years of homeownership. The buydowns are paid for with a seller credit. There are several temporary buydown options available: 1-0, 1-1, 2-1, and the 3-2-1. You can see the rate and payment savings the 3-2-1 buydowns provide in the scenarios above. The amount of seller credit needed to depends on the buydown you choose and your loan amount. We'll send you the breakdown of each option, along with the cost. This way, when you make an offer on a home, you'll know exactly the amount of seller credit needed for the buydown. Buydowns are available on conventional, jumbo, FHA, and VA purchase loans. The good news is that if you sell the home, or refinance, before the end of the temporary buydown period, you'll get a credit for the unused buydown portion that will reduce they payoff on your mortgage. This ensures you'll get 100% of the benefit of the seller credit used for the buydown.
Buy now and beat the crowds and high prices! Don't wait for rates to drop! Home prices have dropped about 15% from their highs in the spring of 2022. Buyers have bargaining power and a lot less competition. But, there are hoards of buyers waiting on the sidelines. If you wait to buy until rates drop, prices will snap back and home inventories will plummet as all the sidelined buyers rush back to buy homes. Skip the multiple offers and losing a home to a higher bidder. With the temporary rate buydown, you can take advantage of the lower home prices, the more abundant home inventory, and get a lower rate and payment for the first few years. Let SaveRight Mortgage open the door to your new home!
