09/19/2020
Our Average Mortgage Rates for September 18, 2020:
30 Year Fixed Rate: 2.000% / APR*: 2.334%
15 Year Fixed Rate: 1.750% / APR*: 2.175%
Don't miss these All-Time Low Rates!
Call me now at (949) 278-0766 if you are ready to get Your Rate Locked In!
Please keep me in mind if you know any friends, family or coworkers looking for a purchase or refinance home loan.
The best compliment I can receive is a referral!
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NMLS # 218312
*Rate Disclaimer:
Today’s lowest advertised rates available on Fixed-Rate Conventional Products only. No FHA, VA or Jumbo Products. Disclosed rate assumes (unless otherwise noted) rate and term refinance, or purchase loan, on an owner-occupied single family residence with 800 minimum FICO credit score, 40% loan-to-value with no subordinate debt, and an escrow account for the payment of taxes and insurance. If these factors are not met, you may still qualify, but additional pricing adjustments may apply. No Closing Costs options may be available. Subject to underwriting approval. Not all applicants will qualify. Restrictions, additional conditions, or exclusions may apply.
The interest rate and APR noted above are accurate as of the date and time set forth therein and are subject to change without notice. Your loan’s interest rate and APR will depend upon the specific characteristics of your loan transaction and your credit history up to the time that your loan has closed. All loan pre-qualifications, pre-approvals and loan approvals are conditional and contingent upon receipt and satisfactory review of all required documentation, the meeting of all loan program guidelines and underwriting approval. This is not a mortgage loan approval nor commitment to lend. Other restrictions may apply. This email is not intended to provide legal or tax advice.
Watermark Home Loans Rate Locking Procedure requires completion of two steps prior to being able to request a rate lock; 1) complete a loan application (click ‘Apply Now’ to complete electronically), and 2) receipt of all supporting documents needed to validate the applicant’s income, assets, employment and identity (request Watermark’s Mortgage Application Checklist if it hasn’t already been provided to you or upload all requested documents in Watermarks digital mortgage application). Even upon completion of these two steps, 1- 2 business days may be required to review the loan application depending on complexity.
Due to significant lock and application volume, we are prioritizing complete loan applications with all supporting documents for rate lock priority. Rates and terms are subject to change daily and intra-daily due to market volatility. Lock desk hours are Monday – Friday 9:00 AM – 4:00PM PST. After hours lock requests may be requested on an exception basis, but cannot be guaranteed and may not be confirmed until the next business day. Lock requests do not constitute a confirmed rate lock.
All locked rates will be confirmed in writing with a Loan Estimate.
