1. Mortgage Rate Comparison - Top US Retail Lenders 1
Effective as of Thursday - 4/14/2011
Provided by iLoan - Your home for a fast, easy and secure internet Loan
Visit www.iloan.com, email your loan specialist or call (866) 860-2880 to apply today!
Lender Loan Term Interest Rate 2 APR 3 Monthly Payment 4 Points Lender Fees 5 Source 6
iLoan 30 year fixed 4.750 4.834 $1,580.11 0.375 $ 2,907.00 https://www.iloan.com
Bank of America 30 year fixed 4.875 4.991 $1,608.90 0.875 $ 4,020.00 https://www8.bankofamerica.com/home-loans/refinance/rates.go
Chase 30 year fixed 4.875 5.013 $1,612.84 1.125 $ 4,765.00 https://www.chase.com/online/Home-Refinance/mortgage-refinancing.htm
Wells Fargo 30 year fixed 4.875 5.066 $1,622.53 1.000 $ 6,595.00 https://www.wellsfargo.com/mortgage/rates
Citi 30 year fixed 4.875 5.177 $1,643.01 1.125 $ 10,465.00 https://www.citimortgage.com/Mortgage/displayRefinanceLanding.do
Quicken Loans 30 year fixed 5.125 5.180 $1,643.62 0.125 $ 1,865.00 https://www.quickenloans.com/mortgage-rates/california-mortgage
Lender Loan Term Interest Rate 2 APR 3 Monthly Payment 4 Points Lender Fees 5 Source 6
iLoan 15 year fixed 4.000 4.127 $2,238.15 0.250 $ 2,580.00 https://www.iloan.com
Chase 15 year fixed 4.000 4.252 $2,257.08 1.250 $ 5,140.00 https://www.chase.com/online/Home-Refinance/mortgage-refinancing.htm
Quicken Loans 15 year fixed 4.250 4.379 $2,276.51 0.375 $ 2,615.00 https://www.quickenloans.com/mortgage-rates/california-mortgage
Bank of America 15 year fixed 4.125 4.414 $2,281.88 1.500 $ 5,895.00 https://www8.bankofamerica.com/home-loans/refinance/rates.go
Wells Fargo 15 year fixed 4.250 4.575 $2,306.45 1.000 $ 6,595.00 https://www.wellsfargo.com/mortgage/rates
Citi 15 year fixed 4.125 4.691 $2,324.36 1.500 $ 11,590.00 https://www.citimortgage.com/Mortgage/displayRefinanceLanding.do
1. Price comparison covering half of the Top 10 Retail Mortgage Producers for 2009 as defined by INSIDE MORTGAGE FINANCE PUBLICATIONS
2. Your actual rate depends upon credit score, loan purpose, employment type, loan amount, loan term, impound account election and credit usage & history
Not all borrowers will qualify and not all loan terms and rates are available to all loan applicants. Loans are only issued in CA under a DRE license # 01218426
Borrowers must be US citizens or permanent residents and at least 18 years old. Valid bank account and social security numbers are required
All loans are subject to credit approval. The figures shown here are for general guidance only. For the most accurate quote, please apply today at www.ilown.com
3. APR is based on a $300,000 loan amount, $375,000 property value, owner occupied, 760+ FICO, minimum 25 day rate lock, full documentation, impound accounts,
80% loan to value, in CA for a single family residence with lender fees financed over the lifetime of the loan
4. Monthly payment assumes all lender fees are financed over the lifetime of the loan
5. Lender Fees include only points and loan processing charges, they do not include Prepaid Items, Escrow Account Funds, or any other Third Party Fees.
Once you have applied, please see the Good Faith Estimate in your application for the required estimate of settlement costs
6. All Terms, Rates and Lender Fees are taken directly from lending institution web pages or from third party rate aggregation sites (Informa and/or Bankrate)