Conventional Loan Product
Conventional mortgages are your standard traditional mortgage. They are not insured or guaranteed by the government like FHA, VA, and USDA. Fixed rates and adjustable rates are available, however fixed rates are the norm in today's lending environment. With 20% down you will not have any monthly mortgage insurance and there are no funding fees like there are on government loans. However, with a down payment less than 20% you will incur monthly mortgage insurance premiums (you can put as little as 5% down). Interest rates vary quite a bit on conventional loans since they are not guaranteed by the government. Credit score and loan to values play a huge part in the rate you will receive. On the bright side in a perfect scenario you can earn the most competitive and lowest rate with this product.
To apply for a conventional loan or to see how it compares to a Government loan Apply Here!
7-30-2010
Today's Rates
| Conventional 30 Year Fixed |
4.625% | |
| 4.720% APR | ||
| 4.375% | ||
| 1 Point Paid | 4.550% APR | |
| Rates can change numerous times per day and every loan scenario is different. Please call for a detailed quote. The rates posted below are for a given scenario and your quote may vary. If you have a more competitive quote, give us a call and we will do our best to beat it! | ||
| Conventional 20 Year Fixed |
4.500% | |
| 4.629% APR | ||
| 4.250% | ||
| 1 Point Paid | 4.489% APR | |
| Rates can change numerous times per day and every loan scenario is different. Please call for a detailed quote. The rates posted below are for a given scenario and your quote may vary. If you have a more competitive quote, give us a call and we will do our best to beat it! | ||
| Conventional 15 Year Fixed |
4.125% | |
| 4.430% APR | ||
| 3.875% | ||
| 1 Point Paid | 4.180% APR | |
| Rates can change numerous times per day and every loan scenario is different. Please call for a detailed quote. The rates posted below are for a given scenario and your quote may vary. If you have a more competitive quote, give us a call and we will do our best to beat it! | ||
| FHA 30 Year Fixed |
4.500% | |
| 4.733% APR | ||
| 4.250% | ||
| 1 Point Paid | 4.558% APR | |
| Rates can change numerous times per day and every loan scenario is different. Please call for a detailed quote. The rates posted below are for a given scenario and your quote may vary. If you have a more competitive quote, give us a call and we will do our best to beat it! | ||
| VA 30 Year Fixed |
4.500% | |
| 4.765% APR | ||
| 4.250% | ||
| 1 Point Paid | 4.591% APR | |
| Rates can change numerous times per day and every loan scenario is different. Please call for a detailed quote. The rates posted below are for a given scenario and your quote may vary. If you have a more competitive quote, give us a call and we will do our best to beat it! | ||
| USDA 30 Year Fixed |
4.750% | |
| 5.012% APR | ||
| 4.500% | ||
| 1 Point Paid | 4.839% APR | |
| Rates can change numerous times per day and every loan scenario is different. Please call for a detailed quote. The rates posted below are for a given scenario and your quote may vary. If you have a more competitive quote, give us a call and we will do our best to beat it! | ||
"Just wanted to inform all about a quality experience I recently had with Shawn Von Talge nad Eric Hemmer. They actually helped my mother with a loan and she could not stop talking about how they were not only professional but very trustworthy. Everything they had told her was to the tee. No surprises and smooth as silk! This is what we as realtors look for and don't always get. There are good lenders here in Columbia but since my mother won't shut up about them I figured it was worth mentioning. Thanks Shawn and Eric".
Brian Asbury
I would use your service again. We have tried to buy a home for 14 years and you made it possible!
Thank you Jennifer.
Larry & Jamie Lawrence
"I was pleased with the service I received from Shawn Von Talge. It was a good experience and I would use them again in a heartbeat!"
Susan & Cade Mullins
Jessica Robertson was absolutely amazing from beginning to end. Thank you so much for everything!
Valerie Partch
Jessica was a professional every step of the process. She communicated with us in a timely manner and guided us every step of the way. We received great client services.
Ken & Joanne Tedesco
"Thank you so much for your assistance in our home buying adventure. You were instrumental in this process and we can't thank you enough. We will remember you and highly recommend you."
Kent & Michelle Hulett
Dear Scott,
Thank you so much for making our home purchase possible! We're astounded that it was such a smooth process. We will recommend you to all our friends, neighbors, and especially veterans in Missouri who are planning to buy a new home.
You went the extra mile to help us with credit repair and education in order to get us the best interest rate available--something no one else has ever done! We're ready to pack!
Best regards!
Robert and Connie Summers - Disabled Army, Osage Beach, MO
"Shawn Von Talge provided me with exemplary service and truly brought professionalism and patience in equal parts to my home buying process. As a first-time buyer, I had many pre-conceived notions and concerns about the lending process…..especially with the current lending market being such a challenge. Shawn answered each question appropriately and remained accessible through every step of the process. Most importantly, Shawn delivered on every promise he made and no one (first timer or seasoned investor) could possibly ask for more!"
Dennis Lewis
"We were first time homebuyers and could not be more pleased with the service, timeliness, and concern that Flat Branch Mortgage and Shawn had for our needs. My husband and I would recommend their services to anyone who wants a smooth loan process."
Nancy and Cris Huaman
"I am very satisfied with Eric Hemmer. I felt like I got personal attention that many other companies would not provide. His service was very thorough and I believe he explored all options to get me the best possible rate for my refinance."
Jason Buck
