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!
9-3-2010
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! | ||
Jessica, I know this is a little late but I wanted to thank you and Flat-Branch Mortgage for the wonderful service that I received. You always were very willing to help and answer any questions that I had, especially being a first time home buyer. I would highly recommend you and Flat branch. thanks again......
Justin Hein
Scott,
Angela and I just wanted to say thanks for everything you did in getting us into our new home. We love it and are so excited to finally own our own home. Working with you was a pleasure and you made the process so smooth. I will be sure and recommend you to any of my fellow veterans and also recommend FBM to any of my friends in general.
Mike and Angela Hyman
Dear Scott,
Thank you so much for your help throughout this entire process. CJ and I both were very impressed with your desire to help us understand everything each step of the way. We can't thank you enough for your guidance and professionalism. We knew we were in good hands working with you. I will definitely recommend you to others. Also, if you need a reference for a potential client please feel free to send them my way.
We are going to be hosting an open house party sometime later this month so be looking for that invitation!
CJ amd Emily P. - US Army, Columbia, MO
"Shawn & Eric were wonderful to work with. They both went out of their way to make sure everything went smoothly. Everything they quoted to us was very accurate. We would definitely recommend either of them to our friends and family."
Ed & Janet Hull
"Shawn Von Talge has been a big part of our success over the last 4 years. From what we have seen, his honesty and professionalism have been unequaled in the lending industry. We feel confident our clients are taken care of when dealing with Shawn as their mortgage lender."
Brett and Ronda Benton
"Shawn was great to work with, he was up front with what he could do in comparison to other offers I had from different companies. He was constantly letting me know status and would submit request for information by e-mail so we were not playing phone tag. This was my 3rd refinance and it was by far the easiest and had little to know stress involved."
John Selk
"My closing was a long one, I signed my contract in August and my closing wasn't until the end of October. Shawn made my home buying process a breeze! He was very quick at responding to any questions I had and I had a lot of them! Overall I was very happy with my experience and I would definitely use Flat Branch again!
Brandi Dean
"Things (my home purchase) went very smooth. Thank you very much!"
Marcia Jones
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
"Great work, Shawn! I couldn't have done it without you...2 weeks from offer to closing and I was clueless. Thanks so much for your help, right down to the last minute!"
Betsy Hearne
