This website provides general mortgage information. It is not a commitment to lend, a loan approval, or a personalized rate quote. Loan availability and terms depend on the product, property, location, credit, income, and other underwriting requirements. Not every applicant qualifies for every program.
Rates, costs, and payments
A loan’s interest rate and annual percentage rate (APR) are different measures. APR reflects interest and certain other borrowing costs. Request a written, personalized quote and review the applicable disclosures when comparing offers.
For a fully amortizing fixed-rate loan, the scheduled principal-and-interest payment generally remains the same. The total amount you pay may change because of property taxes, homeowners insurance, mortgage insurance, or other charges. Adjustable-rate loans and temporary payment arrangements may change under their terms.
Program qualifications
Government-backed programs have eligibility requirements and may include mortgage insurance, guarantee fees, funding fees, closing costs, and other charges. A low or zero down payment does not mean there are no other costs.
First Rate Home Loans, LLC is not affiliated with or acting on behalf of FHA, VA, USDA, or the federal government. Government backing of a loan does not mean the government endorses this company.
Calculators and examples
Any calculator result or hypothetical example is an estimate for educational purposes, not an approval, offer, or guarantee. Review which costs are included. Taxes, insurance, mortgage insurance, HOA dues, fees, and actual loan terms can materially affect your costs.
Licensing and assistance
View company licensing and NMLS Consumer Access · Contact our team