At this moment, I'm quoting the following for a 30 year fixed rate (no prepayment penaltie) for a purchase of $500,000 with a $400,000 loan amount and a 45 day lock (same rates apply for rate/term refinance with $400k-$417,000 loan amount and 80% loan to value):
Low-mid credit scores 720-739 = 5.00% priced with 1 point (apr 5.143).
Low-mid credit scores 740 or higher = 4.875% priced with 1 point (apr 5.016).
Sales price of $625,000 with a $500,000 loan amount and a 45 day lock:
720-739 low-mid credit scores = 5.25% priced with 1 point (apr 5.388).
740 or higher low-mid credit score = 5.000% with 1 point (apr 5.135).
For your custom rate quote for your personal scenario on your home located in Washington State, contact me. See what rates I'm quoting live by clicking here.
I will be posting rates tomorrow morning here and at Rain City Guide later tomorrow afternoon.
