Important Disclosures

Please note that ForTheBestRate.com is not a lender, broker, or bank and does not offer mortgage loans of any kind. The site offers a platform for people researching mortgage rates, insurance information, other financial related products and programs. ForTheBestRate.com is not responsible for the the rates, APRs, product offerings, or the performance of the companies listed on this web site.

Premier Lender Quote/Payment Assumptions

The following applies only to the Premier Lender Listing. Click here for the criteria and information on the general rate table listings collected and fed by HSH/Quin Street.

The posted rates were submitted by each mortgage company on the date listed, and are subject to change at any time. Mortgage rates can vary based on several criteria including, but not limited to, the credit worthiness of the consumer, loan-to-value, the type of property in question, the occupancy type, and loan amount. Pricing in this survey is based on a purchase or rate & term refinance (no cash out or debt consolidation); single family, detached, stick built, primary residence; 700+ credit score for all borrowers; loan to value ratio of 70%, loan amount of $165,000 - $417,000 (payment based on $200,000 loan amount.) For a rate quote on a custom scenario please call 800-251-4999.

The rates advertised are not an offer or commitment to lend. Loan qualification, approval, and the rate and terms you will qualify for will vary based on your specific loan scenario and credit profile. Some applicants will not qualify for any home loan program. Not all programs are available in all states. Your loan application will be submitted to, underwritten by, and all credit decisions will be made by the lender or broker you choose to work with. CMG Equities, LLC and its network of mortgage research websites will not play any role in the application process or have any input in the credit decision.

CMG Equities, LLC takes accuracy of advertising very seriously. If you feel that a mortgage lender or broker has posted inaccurate pricing, and you believe your scenario qualifies based on the criteria outlined on this page, please let us know at contact.ftbr@forthebestrate.com or 910-547-6910.

Pricing Criteria By Loan Program:

Fixed Rate Mortgages:
Criteria for fixed rate purchase and rate & term refinance loans are based on, but not limited to:
Single family, detached, stick built, primary residence;
700+ credit scores for all borrowers;
Loan to value ratio of 80% (20% equity or down payment);
Loan amount of $165,000 - $417,000 (payment based on $200,000 loan amount.)
Availability of rate and terms will vary based on the specific loan scenario and credit profile of the borrower.

Estimated Payment is based on principal and interest only. Actual monthly obligation will be higher due to the addition of taxes and insurance costs.

Sample scenarios (Not available loans.) -
30 Year Fixed Rate Mortgage - The payment on a $200,000 30 year fixed rate mortgage at 4.50% and 80% loan to value is $1013.37.
20 Year Fixed Rate Mortgage - The payment on a $200,000 20 year fixed rate mortgage at 4.25% and 80% loan to value is $1238.47.
15 Year Fixed Rate Mortgage - The payment on a $200,000 15 year fixed rate mortgage at 4.00% and 80% loan to value is $1479.38.
10 Year Fixed Rate Mortgage - The payment on a $200,000 10 year fixed rate mortgage at 3.75% and 80% loan to value is $2001.22.

FHA Loans:
Criteria for purchase and rate & term refinance FHA loans are based on, but not limited to:
Single family, detached, stick built, primary residence;
660+ credit scores for all borrowers;
Loan to value ratio of 97.75% (3.5% equity or down payment);
Loan amount of $165,000 - $417,000 (payment based on $200,000 loan amount.)
Availability of rate and terms will vary based on the specific loan scenario and credit profile of the borrower.

Estimated Payment is based on principal and interest only. Actual monthly obligation will be higher due to the addition of taxes and insurance costs. For FHA loans with higher loan to value a monthly mortgage insurance premium will also be required.

Sample scenarios (Not available loans.) -
30 Year FHA Loan - The payment on a $200,000 30 year FHA loan at 4.25% and 97.75% loan to value is $983.88.

Custom Scenarios:
Many of the advertising lenders and brokers often a wide selection of programs in addition to those posted. For a rate quote on a custom quote please call 800-251-4999. More information on Call for Rates option.

Custom scenarios include, but are not limited to, jumbo mortgages for loans exceeding conforming loan limits, second home and investment property loans, VA loans, USDA Rural Housing Loans, mortgages with a loan to value exceeding those listed above, cash out and debt consolidation refinances, and loans for borrowers with credit scores below those listed above. Not every applicant will be approved for a mortgage loan.