“Rates are real time; don’t be misled by advertised or posted rates!”
Our goal is to obtain the best interest rate at the lowest cost tailored to your specific mortgage requirements.

The most challenging part of getting a mortgage can be understanding rates and how much the mortgage will cost you. When you look at mortgage rates in the newspaper, or at a rate posted on a web site, the rates shown are for a very specific loan and profile for that specific date, usually a teaser rate. You should never take an advertised rate at face value! Read the fine print “quoted rates are valid as of … and are subject to change without notice” Interest rates change daily and during volatile markets, rates change throughout the day.

Interest rates vary based on various factors; your credit score, loan-to-value ratio (LTV), combined loan-to-value ratio (CLTV), the type of property being financed, even the state the property is located in, and more....

Your rate is set when you “lock in” a specific rate for a specific period. Your loan must close and fund within this time period or you loose your lock.  Loosing a 'Lock' becomes a cost to the industry, that affects everyone and is ultimately paid for by the consumer.

These are just some of the intricacies about mortgage interest rates. As both a mortgage broker and banker our Mortgage Professionals will do the work for you and search for the best rate and terms that match your specific needs. We’ll even monitor the market for you. Complete the below information and you will be promptly contacted.