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!
9-9-2010
Today's Rates
| Conventional 30 Year Fixed |
4.500% | |
| 4.594% APR | ||
| 4.250% | ||
| 1 Point Paid | 4.423% 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 |
4.375% | |
| 4.504% 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 |
3.875% | |
| 4.037% APR | ||
| 3.750% | ||
| 1 Point Paid | 3.913% 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% | |
| 4.733% 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 |
4.625% | |
| 4.885% APR | ||
| 4.375% | ||
| 1 Point Paid | 4.711% 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! | ||
Keep up the good work! Eric Hemmer was extremely easy to get ahold of. Even after hourse he answered all of my emails promptly. Communication and transparency were top notch. We scored a great deal on our mortgage thanks to Eric Hemmer!
Mark Jakubcewicz and Andrea Franklin
When my wife and I decided it was time to refinance for our benefit, we called on Flat Branch to meet our mortgage needs. Eric was very courteous and professional and the transaction went very smooth. I would absolutely recommend anyone to Flat Branch for their mortgage needs. The transaction was fast smooth and effortless. Thank You!
Alex and Katherine McFarland
"I tried refinancing my home with several local banks that I have had long standing business relationships. Due to these relationships I wish to be kept anonymous, but safe to say Flat Branch Home Loans and Eric Hemmer in particular were 2nd to none! While all the other banks gave me the run around and ultimately could not close the deal, Eric was far different. He delivered on exactly what he said he would. I am very impressed. I never expected to get this type of service from a company that isn't a traditional bank. I am sold. Thank you!
Anonymous
"Shawn is AWESOME! He took the time to answer all my questions my fiance' and I had as first time home buyers. He found the best loan for us--USDA loan. He also was good about following up with us and our realtor. We will use Flat Branch and Shawn again in the future!"
Jill Pierard and Ryan Olson
"Shawn Von Talge & Eric Hemmer are professionals...always courteous, factual, prompt and accessible."
Jeff England
"We were very pleased with our experience. Flat Branch Mortgage went out of their way to help us."
Scott & Angie Poage
"Shawn, thank you again for all of your hard work. The process was as smooth as expected. Your efforts were definitely above and beyond any other loan officer/company I had worked with in the past. No doubt I will be recommending many people to you that are looking for your services."
Stephen Wilson
"I just wanted to say thanks. There is no way I could have gotten this house without you. I have told all of my family and friends about your service and hard work. If I ever move I will definitely be calling you!"
Michael Crane
"Shawn Von Talge was great to work with he did all the work to get the loan ready all I had to do was sign the papers. Thanks to Shawn and all the people at Flat Branch Mortgage."
Chris Zielinski
"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
