Assumptions:

  • Condo or single family home
  • Primary residence
  • Hennepin County, Minnesota
  • Zero points
  • 30 day interest rate lock period
  • Escrow account for property taxes and homeowner's insurance
  • No existing or new subordinate financing (2nd mortgage or HELOC)
  • Conforming - Rate & Term Refinance (no cash-out):
    • $300,000 loan amount
    • 740+ credit score
    • 75% loan-to-value
  • VA - Purchase or Rate & Term Refinance (no cash-out):
    • 300,000 loan amount
    • 680+ credit score
    • 100% loan-to-value, with 0% down payment!
  • FHA - Purchase:
    • $300,000 loan amount
    • 680+ credit score
    • 96.5% loan-to value, with 3.5% down payment
  • FHA - Refinance:
    • $300,000 loan amount
    • 680+ credit score
    • 97.75% loan-to-value

Today's Rates are subject to change without notice.  This is not a commitment to lend or extend credit. Restrictions may apply. All loans are subject to full underwriting approval from lender. 

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