Mortgage rates can change daily based on the current financial markets; sometimes multiple times in one day. Mortgage interest rates can also fluctuate based on your own individual credit profile and your unique property situation. For this reason, we never want to mislead you by showing example rates on our website. The best way to get an accurate mortgage rate that’s specific to your personal situation is to request a custom mortgage rate quote or contact us to receive a FREE and accurate rate quote. It’s quick and easy, and there is never any cost or commitment to get a rate or an estimate on your next mortgage!
If you are worried mortgage rates will increase, check out our Mortgage Rate Lock and Shop program to lock a mortgage rate for up to 1 year while your shop for a new home.
It is very important that you shop around and compare lenders. If one of our competitors offers you a lower rate or lower rate/fee combination, simply email us their dated Loan Estimate or fees worksheet and we will do our best to beat or match your current offer.
The interest rate is the cost of borrowing the principal loan amount. The APR is a broader measure of the cost of a mortgage because it includes the interest rate plus other costs such as broker fees, discount points and some closing costs, expressed as a percentage. When shopping for the best rate, always compare the APR rate and not the base interest rate.
American Home Lending USA, LLC works investors to find you the lowest mortgage rates available. Some lenders may try to mislead you with a low rate, but they will then add higher fees (this will be reflected in the APR). Always compare the ARP rate rather than the interest rate. The APR rate will reflect the true cost as it reflects fees.
At American Home Lending USA, LLC we pride ourselves in providing our clients with only the most accurate information, up front. Our clients work directly with their loan officer from start to finish to ensure personal care for their situation. It is our goal to make sure that each client understands all of their available options and that you feel comfortable throughout the whole mortgage process. It’s all about customizing the right mortgage, specifically for you!