| Additional monthly costs | Add property taxes and hazard insurance to the monthly payment. |
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| Points | Points are expressed as a percentage of the loan amount; 1 point = 1%. |
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| Credit score | 760 or higher |
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| Lock period | 30 days |
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| Debt-to-income ratio | 43% |
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| Rate lock requirement | A full application must be on file to lock a rate. |
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| Pricing factors | Rate scenarios are affected by consumer credit, loan amount, term, lock period, property type, down payment, units, occupancy, impounds, DTI, and refinance versus purchase. |
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| APR calculation | Based on points, underwriting fee, MERS fee, and an average of 15 days of interest until closing. |
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| Other costs | Third-party fees, such as escrow, title, appraisal, credit, and state government recording, must be added to the costs. Reserves for hazard insurance and property taxes are also required. |
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| Availability | Rates are for WA State only. |
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| Special programs | Specific programs are based on income criteria and property address. |
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| First-time home buyers | The above rate is for first-time home buyers. |
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| Rate and payment disclaimer | Rates, APRs, and monthly payments are subject to change based on market fluctuations, loan-to-value ratio, and individual credit profile. Payments do not include monthly property taxes or homeowners insurance premiums; the actual monthly obligation will be higher. Rates are subject to change without notice and do not constitute a formal commitment to lend. |
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| Contact | Please contact us for your scenario, as rate pricing changes daily. |
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