Advertising Disclosures
15-year Fixed Rate as low as 2.99% (2.99% APR) – Disclosure current as of October 17, 2014.
- The advertised loan is a 15-year fixed rate full amortizing loan, assuming a $225,000 loan amount and a 2.99% interest rate.
- This loan has 180 monthly principal and interest payments of $1553. The disclosed APR is based on 0 discount points, 0% origination fee and $0 in additional prepaid finance charges due at closing.
- The Annual Percentage Rate (APR) is 2.99%.
- Disclosure Assumptions
- Interest rate quoted assumes a FICO score of 720 with a maximum loan-to-value ratio of 80% on a primary residence.
- The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property and other factors as determined by Lenders.
- Not available in all states.
- Rates are subject to change daily without notice.
- Payment amounts shown do not include taxes or insurance.
30-year Fixed Rate as low as 3.75% (3.75% APR) – Disclosure current as of October 17, 2014.
- The advertised loan is a 30-year fixed rate fully amortizing loan, assuming a $225,000 loan amount and a 3.75% interest rate.
- This loan has 360 monthly principal and interest payments of $1042. The disclosed APR is based on 0 discount points, 0% origination fee and $0 in additional prepaid finance charges due at closing.
- The Annual Percentage Rate (APR) is 3.75%.
- Disclosure Assumptions
- Interest rate quoted assumes a FICO score of 720 with a maximum loan-to-value ratio of 80% on a primary residence.
- The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property and other factors as determined by Lenders.
- Not available in all states.
- Rates are subject to change daily without notice.
- Payment amounts shown do not include taxes or insurance.
Mortgage Rate as low as 2.75% (2.80% APR) – Disclosure current as of October 17, 2014.
- The advertised loan is a 5/1 ARM (Adjustable Rate Mortgage) with a 30-year fully amortizing term from actual offers posted to consumers by Network Lenders.
- After the initial period, the variable interest rate and payment will adjust every year and equal the total of the 12-month LIBOR index (0.54% as of October 17, 2014) plus a margin of 2.21%.
- The maximum periodic change in the interest rate is 2% with a maximum rate increase of 5.5% above the initial interest rate.
- If the interest rate adjusted to the maximum rate (which could not occur until after the fifth year), the maximum monthly payment would be $1551 for $225,000.
- There is no prepayment penalty.
- The Annual Percentage Rate (APR) is variable and is subject to increase or decrease, so your payments may increase or decrease each year after the initial period.
- The chart below shows the interest rate, APR, and the initial monthly payment:Payment Examples
Loan Amount Initial
Interest Rate
(for 60 months)APR Initial Monthly
Payments
(for 60 months)$225,000 2.75% 2.80% $919 - Disclosure Assumptions
- Interest rate quoted assumes a FICO score of 720 with a maximum loan-to-value ratio of 80% on a primary residence.
- The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property, and other factors as determined by Lenders.
- The initial interest rate is fixed for 5 years. The disclosed APR is based on 0 discount point, 0% origination fee and $500 additional prepaid finance charges which will be due at closing. First adjusted payment will likely increase to approximately $1009.
- Interest rate and APR are variable and subject to increase
- Not available in all states.
- Rates are subject to change daily without notice.
- Payment amounts shown do not include taxes or insurance.
$300,000 for $1225/month – Disclosure current as of October 17, 2014.
- The advertised loan is a 5/1 ARM (Adjustable Rate Mortgage) with a 30-year fully amortizing term from actual offers posted to consumers by Network Lenders.
- The initial interest rate is 2.75% for 60 months. The disclosed APR is based on 0 discount points, 0% origination fee and $0 in additional prepaid finance charges which will be due at closing. First adjusted payment will likely increase to approximately $1793.
- For a $300,000 loan, there is a 2.80% APR with an initial monthly principal and interest payment of $1225 for the first 60 months.
- After the initial period, the variable interest rate and payment will adjust every year and equal the total of the 12-month LIBOR index (0.54% as of October 17, 2014) plus a margin of 2.28%.
- The maximum periodic change in the interest rate is 2% with a maximum rate increase of 5.5% above the initial interest rate.
- If the interest rate adjusted to the maximum rate (which could not occur until after the fifth year), the maximum monthly payment would be $2067 for $300,000.
- There is no prepayment penalty.
- The Annual Percentage Rate (APR) is variable and is subject to increase or decrease, so your payments may increase or decrease each year after the initial period.
- Disclosure Assumptions
- Interest rate quoted assumes a FICO score of 720 with a maximum loan-to-value ratio of 80% on a primary residence
- The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property, and other factors as determined by Lenders.
- Interest rate and APR are variable and subject to increase
- Not available in all states.
- Rates are subject to change daily without notice.
- Payment amounts shown do not include taxes or insurance.
$150,000 for $612/month – Disclosure current as of October 17, 2014.
- The advertised loan is a 5/1 ARM (Adjustable Rate Mortgage) with a 30-year fully amortizing term from actual offers posted to consumers by Network Lenders.
- After the initial period, the variable interest rate and payment will adjust every year and equal the total of the 12-month LIBOR index (0.54% as of October 17, 2014) plus a margin of 2.21%.
- The maximum periodic change in the interest rate is 2% with a maximum rate increase of 5.5% above the initial interest rate.
- If the interest rate adjusted to the maximum rate (which could not occur until after the fifth year), the maximum monthly payment for each loan amount would be: $1034 for $150,000; $2445 for $350,000; $3144 for $450,000; $4763 for $700,000; $5168 for $750,000; $6547 for $950,000.
- There is no prepayment penalty.
- The Annual Percentage Rate (APR) is variable and is subject to increase or decrease, so your payments may increase or decrease each year after the initial period.
- The chart below shows the interest rate, APR, and the initial monthly payments:Payment Examples
Loan Amount Initial
Interest Rate
(for 60 months)APR Initial Monthly
Payments
(for 60 months)$150,000 2.75% 2.88% $612 $350,000 2.88% 2.88% $1452 $450,000 2.88% 2.97% $1867 $700,000 2.63% 2.74% $2813 $750,000 2.75% 2.84% $3062 $950,000 2.75% 2.78% $3878 - Disclosure Assumptions
- Interest rate quoted assumes a FICO score of 720 with a maximum loan-to-value ratio of 80% on a primary residence.
- The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property and other factors as determined by Lenders.
- The initial interest rate is fixed for 5 years. The disclosed APR is based on 1 discount points, 995% origination fee and $0 in additional prepaid finance charges which will be due at closing. First adjusted payment will likely increase to approximately $2018.
- Interest rate and APR are variable and subject to increase
- Not available in all states.
- Rates are subject to change daily without notice.
- Payment amounts shown do not include taxes or insurance.
$225,000 for $919/month -Disclosure current as of October 17, 2014.
- The advertised loan is a 5/1 ARM (Adjustable Rate Mortgage) with a 30-year fully amortizing term from actual offers posted to consumers by Network Lenders.
- After the initial period, the variable interest rate and payment will adjust every year and equal the total of the 12-month LIBOR index (0.54% as of October 17, 2014) plus a margin of 2.21%.
- The maximum periodic change in the interest rate is 2% with a maximum rate increase of 5.5% above the initial interest rate.
- If the interest rate adjusted to the maximum rate (which could not occur until after the fifth year), the maximum monthly payment for each loan amount would be: $1190 for $175,000; $1378 for $200,000; $1551 for $225,000; $1723 for $250,000; $2756 for $400,000.
- There is no prepayment penalty.
- The Annual Percentage Rate (APR) is variable and is subject to increase or decrease, so your payments may increase or decrease each year after the initial period.
- The chart below shows the interest rate, APR, and the initial monthly payments:Payment Examples
Loan Amount Initial
Interest Rate
(for 60 months)APR Initial Monthly
Payments
(for 60 months)$175,000 2.63% 2.86% $703 $200,000 2.75% 2.79% $816 $225,000 2.75% 2.80% $919 $250,000 2.75% 2.83% $1021 $400,000 2.75% 2.80% $1633
- Disclosure Assumptions
- Interest rate quoted assumes a FICO score of 720 with a maximum loan-to-value ratio of 80% on a primary residence.
- The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property and other factors as determined by Lenders.
- The initial interest rate is fixed for 5 years. The disclosed APR is based on 0 discount points, 0%% origination fee and $500 additional prepaid finance charges which will be due at closing. First adjusted payment will likely increase to approximately $1009 .
- Interest rate and APR are variable and subject to increase
- Not available in all states.
- Rates are subject to change daily without notice.
- Payment amounts shown do not include taxes or insurance.
Calculators
Calculators are made available as tools for your use in researching and comparing products. LendingTree does not guarantee the accuracy of the results and you should seek individualized advice from qualified professional(s) who can assist you in regard to your personal financial circumstances. All tools and calculators are deemed examples and are for illustrative purposes only. Your final payment, interest rate, loan, amount and/or fees are unknown and all calculations are estimates only. When calculators are placed in LendidngTree Widgets there are times when certain assumptions will be utilized, including, but not limited to the following:
Home Affordability Calculator
Assumptions
Estimated annual property tax is 1.14%. Estimated annual homeowner’s insurance is $800. Annual homeowner’s association (HOA) dues are $0. Loan term is 30 years. This includes private mortgage insurance (PMI). These are examples only are not guaranteed amounts for any one location. Amounts are national averages from 2013 obtained from several sources. Estimated taxes and insurance amounts will adjust using the above assumptions when a new purchase/refinance/home estimated value is placed into the field and is not a guarantee of what actual amounts may be for any particular product or property.
Rent or Buy Calculator
Assumptions
Rental amount includes one year of rent (you place into the calculator) and rental insurance (based on the national average for 2013). Loan term is 30 years. Property tax assumption is 1% of the home value. Annual homeowner’s association (HOA) dues being set at $100. Maintenance of owning a home is assumed at 2% of home value. Personal tax rate of 33% is factored into the calculation(s). Calculator assumes home appreciation of 4% and a rent increase of 4% annually. The cost of selling a home is 8% of the sales price based on national average of repairs, staging, and Real Estate Agent commissions. The rate of return on investments after tax is assumed at 5% pursuant to 2013 statistics.
Mortgage Checkup Calculator
Mortgage Checkup and calculators are made available as tools for your use in researching and shopping for mortgage products and are not intended to be investment advice of any kind. LendingTree, LLC does not guarantee the accuracy of the results and you should seek individualized advice from qualified professional(s) who can assist you in regard to your personal circumstances. All tools and calculators are deemed examples and are for illustrative purposes only.
Reverse Mortgage Calculator
The calculator is available to provide for illustrative purposes only and is an estimated rate lender(s) on the LendingTree Network are providing to well-qualified consumers. The rate and product are not intended to be investment advice and LendingTree cannot guarantee the accuracy of the results. Rates change daily and may not be available in all states. Private mortgage insurance may be required and estimates do not include taxes and insurance, which are required to be paid during the duration of a Reverse Mortgage Loan. Terms and Conditions Apply and vary per lender, so ask each lender what costs, fees and terms are available for your personal financial situation. The calculator is an estimate only and not an offer of credit by any one Lender. Reverse Mortgage requires that one of the homeowners be at least 62 years of age; have a substantial amount of equity in your primary residence and you intend to remain in the home for the duration of the loan. Taxes and interest still have to be paid even while your mortgage payments may stop. Review
Lenders tend to use a minimum expected interest rate of 5 percent to calculate the maximum loan amount. That lower rate means homeowners can borrow more money at a lower cost. Borrowers may think a fixed-rate is the way to go, but the Center for Responsible Lending in Washington, D.C. indicated in October 2014, the adjustable rate option may be a smarter choice because the fixed rate requires that the borrower tap the full amount of equity upfront. Speak with a qualified Reverse Mortgage Counselor to discuss all of your options.
Mortgage rate quotes displayed on LendingTree LoanExplorerSM, including loan pricing data, rates and fees, are provided by third party data providers including, but not limited to, Mortech®, a registered trademark of Zillow®, LoanXEngine, a product of Mortgage Builder Software, Inc., and LoanTek, Inc.
LendingTree Advertisement Disclosure (last updated June 7, 2012):
LENDINGTREE, LLC IS A MARKETING LEAD GENERATOR AND IS A DULY LICENSED MORTGAGE BROKER, AS REQUIRED BY LAW, WITH ITS MAIN OFFICE LOCATED AT 11115 RUSHMORE DR., CHARLOTTE, NC 28277, TELEPHONE NUMBER 1-800-555-8733.
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LendingTree, LLC NMLS Unique Identifier # 1136, AK Mortgage Broker/Lender License #AK1136; AZ Mortgage Broker, License #’s MB-0902469 and MB-0909882; California Dept. of Corporations, California Finance Lenders Law License No. 6037234; CO Mortgage Company Registration Regulated by the Division of Real Estate; CT Mortgage Broker, License #4164 – MORTGAGE BROKER ONLY, NOT A MORTGAGE LENDER OR MORTGAGE CORRESPONDENT LENDER; Georgia Mortgage Broker/Processor License #12989; Illinois Residential Mortgage License #0005433; Kansas Mortgage Company License #MC.0002279; MA Mortgage Broker License #MB1136 – We arrange but do not make loans; ME Loan Broker License #CSO06321; Licensed by the Mississippi Department of Banking and Consumer Finance as a Mortgage Broker License #1136; MO Mortgage Broker License #10-1261, 727 N. First Street, Suite 310, Saint Louis, Missouri 63102; MT Mortgage Broker, License #1097; Licensed by the New Hampshire Banking Department; NJ Residential Mortgage Broker License # 0801779 – broker will not make any mortgage loan commitments or fund any mortgage loans; NV Mortgage Broker License #1698; LT Technologies in lieu of true name LendingTree, LLC, Registered Mortgage Broker– NYS Banking Department License #A004890 – Broker arranges mortgage loans with third-party providers; OH Mortgage Broker License #MB.802159.000, 7494 Preserve Place, West Chester, OH 05069; OR Mortgage Lending License #ML-1862; PA Licensed Mortgage Broker by the PA Department of Banking #20298; Rhode Island Licensed Loan Broker #20062113LB; Texas Mortgage Company License Unique Identifier #1136, Mr. Shan Guo #300978, Residential Mortgage Loan Originator at 1312 Village Creek Drive Suite 900, Plano TX 75093; VA Mortgage Broker License #MC-1052, Licensed by the Virginia State Corporation Commission; WA Mortgage Broker License #MB1136.
Advertised Terms and Information
- The information and disclosures above relate to advertised terms made by or through LendingTree.
- Interest rates and terms are from a lender or lenders with whom LendingTree may match you and that offer the particular product. The disclosures are current as of the date indicated.
- LendingTree is not a lender in any transaction and does not make loans, loan commitments or lock-rates. All credit decisions, including loan approval and the conditional rates and terms you are offered, are the responsibility of the participating lenders and will vary based upon your loan request, your particular financial situation, and criteria determined by the lenders to whom you are matched. Not all consumers will qualify for the advertised rates and terms.
- You may not be matched with the lender making a particular conditional loan offer, and LendingTree does not guarantee that any lender will make you a conditional loan offer. LendingTree arranges for multiple conditional loan offers through its network of nonaffiliated lenders. See the Terms of Use Agreement for more details. The Terms of Use Agreement governs these advertised Terms and Information.
- FICO score means the FICO credit score report that a lender receives from a consumer reporting agency.