Mortgage Offers and Tools

As mortgage loan rates reach all time lows recently, it has never been a better time to lock in a good rate, whether it’s for first house purchase or for refinancing an existing mortgage. Late last year, we refinanced our 15-year mortgage only 4 months after getting the original one because the rate was too low to pass by. We got our original loan in March 2010 with a rate of 4.25% APR. At that time we thought we got a pretty good deal, but the rates kept getting lower as the housing market continued to struggle. By August, rates of 15-year fixed mortgage dropped below 3.75% APR, a new low back then. Despite the original mortgage was only a few months old, we didn’t want the opportunity of saving a little more slip away. So we applied and got a new loan at 3.875% APR. Though the rate wasn’t the lowest when the loan rate was locked, we were very happy with what we got because the refi has no extra fee. In fact, we didn’t pay anything for the refi, except taxes :)

If you are researching mortgage offers, here are some tools that, hopefully, can help you find the best rate available.

CapWest Mortgage

CapWest MortgageCapWest Mortgage is a wholly owned subsidiary of Farmers Bank & Trust, N.A. Farmers Bank & Trust is a family owned bank that has been federally chartered since 1907.  CapWest Mortgage can originate home loans, using conventional, FHA, and VA loan products, in all 50 states and it has helped a diverse set of homeowners achieve their dream. In addition, CapWest Mortgage also provides the lowest rates and closing costs available with no miscellaneous, hidden expenses. Being a Fannie Mae direct lender, CapWest  has the advantage of keeping rates low with no markups, passing the savings back to the borrower.

CapWest Mortgage is also a Costo approved lender. If you are a member of Costco, whether at Goldstar level or Executive level, you can save even more with CapWest using your Costco membership.

If you have good or excellent credit (find out your credit score now), you should check out CapWest Mortgage and get a free loan quote.

Quicken Loans Mortgage

Quicken Loans , ranked by J.D. Power & Associates as “Highest in Customer Satisfaction for Primary Mortgage Origination”, offers the easiest way to get a home loan. Whether you’re interested in refinancing, home mortgage, reverse mortgage, or a home equity loan, Quicken Loans has the perfect option for you. During your loan application, Quicken Loans will work closely with you through every step of the process, which include:

  • Connect and begin to guide you through the process.
  • Pull your credit and provide loan options.
  • Send you a good faith estimate & then accept your deposit.
  • Order your appraisal.
  • Verify your income and other financial information
  • Process and underwrite your loan.
  • Close your loan.

With Quicken Loans, you can get mortgage rates, closing costs, and loan suggestions all online in minutes. Quicken Loans closes loans in half the time of most other lenders. Get a free quote online or call 877-219-9361 to talk to a loan specialist at Quicken Loans to find out the latest rates.