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CONVENTIONAL*
Call for quotes under $180,000 (Conventional Loan Limit is $417,000 Single Unit)
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30 Year Fixed
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15 Year Fixed
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Rate
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Points
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Origination
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Rate
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Points
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Origination
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4.875
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0
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1
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4.75
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0
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1
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FHA, THDA, and VA*
Call for quotes under $110,000
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FHA 30 Year Fixed Up to $200,160
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FHA 1 Year Arm Up to $200,160
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Rate
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Points
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Origination
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Rate
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Points
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Origination
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5.5
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0
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1
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N/A
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0
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0
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THDA Great Rate
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VA - 100% 30 Year Fixed Up to $417,000
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Rate
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Points
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Origination
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Rate
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Points
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Origination
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5.8
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.25
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1
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5.5
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.25
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1
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JUMBO*
Loan amounts over $417,000 and up to $650,000
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30 Year Fixed
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5/1 ARM
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Rate
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Points
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Origination
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Rate
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Points
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Origination
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7.625
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0
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1
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6.875
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0
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1
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* Rates quoted above are for the use of Real Estate Professionals, for owner occupied single family residences, and are subject to change without notice. All rates are based on a 30 day lock period and subject to customer qualification, underwriting approval, and satisfactory property appraisal.
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"We can't afford to buy a home." That is probably the most frequent response I hear when talking with couples who are currently renting, but it just isn't true. Loan options have increased over the last five years to make owning a home the most realistic thing in the world. With as little as $1,000 you could find yourself in a bigger place, with a lower monthly payment than you may be paying in rent. Plus, each year you could be building equity that will benefit you for years to come.
If you are currently paying rent, take the time to sit down and talk with me either over the phone, or in person, about your situation and the options available. I will analyze your credit, calculate your debt to income ratio, compare your current rent, and plan a strategy to qualify you for a home. There is no obligation or cost to you.
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Richard Swan
Loan Officer/Mortgage Specialist
Toll Free: 1-888-809-1250 ext. 246
Cell: (865) 742-3384
email: Richards@migonline.com
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Get current mortgage rates from Richard Swan and other local lenders.
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| This site is provided as a service by Chuck
Cook, REALTOR®,
e-PRO®, GRI®, a Licensed Real Estate Agent in Tennessee.
Certain information is provided from the local Multiple Listing
Services including the Knoxville Area Association of REALTORS (KAAR)
and the Great Smoky Mountains Association of REALTORS (GSMAR) and
is made available through their respective Internet Data Exchange
(IDX) Services. All information is deemed to be reliable but is
not guaranteed. Chuck is a proud associate of Realty Executives Advantage
in Seymour, Tennessee and is a member of the Knoxville Area Association
of REALTORS, the Great Smoky Mountains Association of REALTORS,
the Tennessee Association of REALTORS, and the National Association
of REALTORS. All real estate transactions in Tennessee are governed
by the rules of the State of Tennessee Department of Commerce and
Insurance as well as by the Tennessee Real Estate Commission (TREC).
You can reach TREC by calling 1-800-342-4031, or visit them online
at http://www.state.tn.us/commerce/boards/trec.
If you choose to provide me with your contact information you are consenting to be contacted by email, phone, or any other contact method which you provide me. |
Realty Executives Advantage • 405 Boyds Creek Highway • (865)
609-7654 • Seymour, TN 37865
Each Office Independently Owned and Operated
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