Why Interest Rates Very

You have options when it comes to the interest rate of your mortgage loan!

A common practice among most banks and many lenders is to only provide one available interest rate. The single rate misrepresentation does not give consumers access to the entire market and in many cases it denies individuals the ability to make the best choice. 

We take a different approach and offer the full range of available interest rates from the lowest to highest. Within that range there will either be a percentage of a discount point or a closing cost credit from the bank. 

As a general rule, the lower the interest rate the higher the cost to attain that rate and vice versa. Thus the lowest rate available can be quite expensive and as you examine the list of available rates, the cost diminishes and changes to an increasing credit for the remaining available rates.

Most importantly the fees or credits that banks charge or provide vary considerably, so it is in your absolute best interest to compare rates, closing costs and the associated APR at any particular interest rate. 

Simply put, you have options when it comes to the interest rate for your mortgage loan and the following are the available rates and the associated costs or lender credits for the loan you are seeking.

A common practice among many lenders is to only provide one interest rate. This method does not give consumers access to the entire market and in many cases it denies individuals the ability to make the best choice. 

As a general rule, the lower the interest rate the higher the cost to attain that rate and vice versa, so we take a different approach and offer the full range of available interest rates from the lowest to highest.

Simply put, you have options when it comes to the interest rate for your mortgage loan and the following are the available rates and the associated costs or lender credits for the loan you are seeking.