Rate Assumptions
The rates shown here are based on the following assumptions:
Purchase of a single family home as a primary residence by a borrower with a credit score of 720. This scenario assumes a loan amount of $200,000 and a 20% down payment on home valued at $250,000.
The actual rates quoted to individual borrowers will vary depending on a number of factors including the borrower's financial status and characteristics of the subject property. The interest rate, APR and payment for an Adjustable Rate Mortgage (ARM) may increase or decrease after the initial term.