Home loan interest rates in Laredo

LAREDO CURRENT HOME LOAN RATINGS

A home loan can be termed as a long term commitment as you are required to repay for that mortgage for a long time. It is hence to be wise while shopping for a home to finance your first home or your dream home, refinance an existing loan or consolidate a debt. The journey of owning a home is long and obtaining a pre-approval letter is just the beginning. If you just obtained your pre-approval letter it is now the time to choose the most appropriate home loan to satisfy your needs.
While searching for this, one key thing that you should consider is the current home loan rates in Laredo. The home loan rate attached to a mortgage is essential as it represents the payment plan that you will take up while repaying your loan. This article is designed to help you learn about the current home loan rates in Laredo offered by different lending institutions sampled in Laredo.

Quicken Loans
Quicken loans offers 30-year fixed VA, 5-year ARM, 30-year and 15-year fixed and 30-year fixed FHA. With a 20% down payment and a 740+ credit score you can get a 30-year fixed term loan at 4.247% APR and 3.99% rate. The 15-year fixed is available at a 3.5% rate and 3.948% APR. The 30-year fixed FHA is available at 3.625% and 4.624% APR with a low down payment and permissive credit requirements. The 30-year fixed VA which is meant for eligible veterans is available at 3.5% and 3.944% APR. The 5-year ARM is available at 3.75% rate and 4.481% APR.

Aimloan
The current home loan rates in Laredo offered by Aimloan are as follows; 30-year fixed Jumbo at 4.13%, 30-year fixed FHA at 4.07% and 30-year fixed conforming at 3.88%. The 15-year fixed conforming, Jumbo and FHA are available at 3.36%, 3.87% and 3.63% respectively. The 5/1 ARM conforming, FHA and Jumbo are offered at 3.32%, 3.39% and 3.59% respectively.

US Bank
The US Bank offers different loan terms for loans ranging from 30, 20, 15 and 10 years fixed rates. They rates are currently being offered as follows; 30-year fixed rate at 4.625%, 30-year fixed rate Jumbo at 4.5%, 15 year fixed mortgage rates in Laredo at 4.125% and the 3.75%.

Bank of America.
Current home loan rates in Laredo offered by the Bank of America are as follows; 30-year fixed conforming, FHA and Jumbo loan at 3.88%, 4.07% and 4.13% respectively. 15-year fixed conforming, FHA and Jumbo at 3.36%, 3.63% and 3.87% respectively. 5/1 ARM available as conforming, FHA and Jumbo are available at 3.32%, 3.39% and 3.59% respectively.
Compare these rates today before walking in to a lending institution to fill your loan application.

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