FHA Loan Product
FHA Loans are a great way to save money on your home purchase or refinance. Because these loans are insured through the federal government, FHA mortgages are easier to qualify for than conventional home loans.
The biggest benefit of an FHA loan is the ability to put a smaller amount of money down. Buyers using this financing can put as little as 3.5% down towards their home purchase. These loans also carry a 1.50-1.75% FHA funding fee that is rolled into the loan. FHA borrowers also get to receive reduced monthly mortgage insurance compared to the monthly premiums on conventional loans that are over 80% loan to value.
Flat Branch Home Loans is a Full Eagle FHA lender servicing the entire state of Missouri. Our status with HUD allows Flat Branch to underwrite FHA mortgages on behalf of the US Department of Housing and Urban Development. This means that your FHA loan will all be processed and underwritten in Missouri by the friendly Flat Branch Home Loan staff. Flat Branch makes FHA mortgages easy while saving you money.
To get qualified for your FHA loan, start here
3-15-2010
Today's Rates
| Conventional 30 Year Fixed |
5.125% | |
| 5.223% APR | ||
| 4.875% | ||
| 1 Point Paid | 5.055% 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 |
5.000% | |
| 5.132% APR | ||
| 4.750% | ||
| 1 Point Paid | 4.993% 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 |
4.375% | |
| 4.540% 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! | ||
| FHA 30 Year Fixed |
5.000% | |
| 5.240% APR | ||
| 4.750% | ||
| 1 Point Paid | 5.067% 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 |
5.000% | |
| 5.273% APR | ||
| 4.750% | ||
| 1 Point Paid | 5.101% 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 |
5.250% | |
| 5.520% APR | ||
| 5.000% | ||
| 1 Point Paid | 5.349% 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! | ||
"We feel Flat Branch Mortgage put us in a much better situation to achieve financial freedom. We were very happy with our service."
Timothy Billups
Scott,
Boy, this sure was a pleasant experience. From contract through closing, Scott mediated the process in only 3 weeks. My interest rate was much better than both of my banks could offer. He answered all of my questions and gave my advice like a big brother would. I highly recommend Scott Batt at the Flat Branch Mortgage for all VA loan matters.
Jon Mathieson - Patrick AFB 1994--1997
"Great work, Shawn! I couldn't have done it without you...2 weeks from offer to closing and I was clueless. Thanks so much for your help, right down to the last minute!"
Betsy Hearne
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
Jessica did a great job. Very patient as we learned the process. Loved her comfortable, casual demeanor- and remained very professional. Will come back to Flat Branch Mortgage the next time around!
Anonymous
"I would recommend Shawn to anyone who asked me about a home loan and actually I told Ryan Stephens to talk to Shawn and he bought a home. In addition I have told another friend about him and he is going to pursue a home loan through Shawn. Shawn is a very down to earth person and doesn't try to talk you into anything you don't want to do and is very professional. I would and will continue to recommend Shawn to all and anyone who asks me about purchasing a home!"
Josh Jolley
We have done business with Flat Branch on two separate occasions, and both times the service was simply outstanding. Our questions and concerns were always dealt with in a timely and professional manner, and the results couldn't have been better. We highly recommend Flat Branch Mortgage to anyone seeking a high quality mortgage broker.
Adam & Amber Quest
"Eric Hemmer was great. A smooth process all the way through. Thank you, I love my new home!"
B Banks
My experience with Eric was awesome! I had talked to previous lenders and none of them seemed as interested with the loan process getting done as Eric did. Anytime there was a question that my wife or I had, Eric answered it in a timely manner (within an hour of asking). I would definitely recommend Eric with Flat Branch Mortgage to any of my friends and family.
Allen & Bobbi Long
"In a service based industry, simply providing good customer service doesn't seperate you from the masses. I am pleased to have worked with Shawn, whose timliness and knowledge allow him to provide superior service. His willingness to accomodate the individual needs of his clients has earned my respect and my referral!"
Chad and Courtney O'Gorman
