MORTGAGE RATE CHART FROM April 5,2016 3PM PST
MORTGAGE LOAN PROGRAM
RATE
POINTS
APR

30 YEAR FIXED CONFORMING

(LOAN AMOUNTS UNDER $417,000)

3.500%
0%
3.640%

​30 YEAR FIXED HIGH BALANCE CONFORMING

(LOAN AMOUNTS>$417,000, LOAN MAX VARIES BY COUNTY)

3.750%0%3.801%

15 YEAR FIXED CONFORMING

(LOAN AMOUNTS LESS THAN $417,000)

2.750%0%2.881%

JUMBO 30 YEAR FIXED 

(LOAN AMOUNTS OVER CONFORMING HIGH BALANCE)

4.000%0%4.045%

VA

(DEPARTMENT OF VETERANS AFFAIRS)

3.250%0%3.410%

USDA

(US DEPARTMENT OF AGRICULTURE)

3.375%0%3.935%
FHA3.250%0%4.460%
FHA HIGH BALANCE3.500%0%4.601%


Mortgage rates change throughout the day based upon market conditions. Mortgage rates, pricing and terms deemed reliable but not guaranteed.

Serving San Luis Obispo, Santa Barbara County and the entire state of California.


Since our loan cost are so low relative to other brokers/banks, many of our loan programs have excessive rebates (negative points) which are passed on to our clients, further reducing closing costs. When you contact us for a quote, we will build you a custom interactive spreadsheet which details your options and all costs involved for various rates. Allowing us to analyze what program AND rate works best for your needs.

Other mortgage programs such as Jumbo loans over 1 Million are priced on an individual basis and are available in San Luis Obispo County and the entire state of California. Contact us for Reverse Mortgage programs and terms.

Today's mortgage rates for some of our more popular loan programs

If you would like a no-obligation custom mortgage quote, please contact us. We will provide you with a complimentary comprehensive tool to view all of your options in one glance. Rates and closing costs comparisons side by side in an easy to read format. We feel this tool is the only way to make an informed decision.

we believe in a unique and customized Lending experience for each and every client. Many more mortgage programs are available. pricing varies depending on each scenario (i.e. ltv, dti, fico score, mortgage loan amount, loan purpose, etc.)

Purchase - Refinance - consulting 

MORTGAGE BACKED SECURITIES (MBS)

Mortgage rates vary from day to day, hour to hour depending on how mortgage backed securities are traded in the open markets. Below is a snapshot of the mortgage backed security which most accurately reflects trading and currently has the most influence on rates today. The bond pricing section of this page is only updated once per day and does not represent real time trading.

FNMA 3.0% 102.82 +16 bps
today (Updated 4:00 PM PST 04/05/2016)