Current Mortgage Interest Rates for September 10, 2013

 Interest rates are still managing to stay under 5%. Below is a preview of mortgage interest rates for this week that were provided by Heather Lynn Creveling,  Sr. Loan Consultant at Summit Funding in Reno, NV.

Interest Rates
 The rates below are subject to change. As you can see, rates are still under 5% for most loan types so it is still a great time to purchase a new home in Reno, NV. If you are considering purchasing a home here in Northern Nevada please feel free to contact me for all of your real estate needs. For pre-approval and loan questions please contact Heather Lynn Creveling at 775-240-2010.

 

RATE SHEET 9/9/2013

CONVENTIONAL NO ORIGINATION 4.875 % APR 4.948%

FHA NOORIGINATION 4.625% **WITH REBATE APR 6.012%

VA NOORIGINATION 4.625% **WITH REBATE APR 4.843% WITH 2.15% FUNDING FEE

USDA NO ORIGINATION 4.75 % **WITH REBATE APR 5.411%

*NEVADA RURAL HOUSING 5.125% APR 6.59% TIED TO FHA LOAN

*NV HOUSING 4.5 % APR 5.942% TIED TO FHA LOAN

* Rates include an 1% origination fee, 760 FICO, loan amount exceeding $100,000. Rates are subject to change. For use by Real Estate Professionals only. Rates are for 30 day lock as of date on rate sheet. This is not an advertisement to extend credit as defined by Sec. 226.2 of regulation Z. Rates are subject to FICO, LTV, investor guidelines and underwriting approval.

Rates provided by Summit Funding ~ 100 North Arlington Ave., Suite 210, Reno, NV 89501 NV
Mortgage Lending Division #46 NMLS #3199 Branch License #136614

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