Mortgage Rates
Make your dream home an affordable reality.
All rates Subject to Change Without Notice.
Mortgage Rates
Last update: 05/26/2023 at 10:00 a.m. Lock Period: 45 days
Origination Fee: .00%
| Program Name | Interest Rate/ Payment | Discount Points/ AMT | APR |
|---|---|---|---|
| 30 Year Fixed | 6.250% $1,015.93 | 1.00% $1,650.00 | 6.4750% |
| 20 Year Fixed | 6.500% $1,230.20 | 1.00% $1,650.00 | 6.7200% |
| 15 Year Fixed | 5.750% $1,370.18 | 1.00% $1,650.00 | 6.0530% |
| 30 Year Jumbo | Call for Quote | ||
| 15 Year Jumbo | Call for Quote | ||
| 30 Yr. Const/Perm | 6.500% $1,042.91 | 1.00% $1,650.00 | 6.6970% |
| 7 / 1 ARM (APR based on 30 yr. amortization) | 5.000% $885.76 | 1.00% $1,650.00 | 6.3550% |
| 15 / 1 ARM (APR based on 30 yr. amortization) | 5.500% $936.85 | 1.00% $1,650.00 | 6.0090% |
- Rates and APRs are based on amounts of $165,000 for Conforming Loans and $726,201 for Jumbo Loans, for owner-occupied, single-family dwellings. ARM Mortgages contain a variable-rate feature, and interest rates may increase over the term.
- Above listed rates are for purchase transactions with 740+ credit scores and LTV’s less than or equal to 80% with no subordinate financing.
- Loans up to 97% LTV are available with PMI. Additional loan types including FHA, VA, THDA, and others are available. Please contact us for rates. Rates, points and programs cannot be guaranteed and are subject to change without notice. Maximum loan amount for a conforming loan is $726,200. Loans in excess of $726,200 are considered jumbo.
- Monthly payments shown do not include amounts for property taxes and insurance premiums; if included, actual payment obligation will be greater.
Mortgage Loan Department
Douglas F. Byrd
Senior Vice President / Manager
NMLS# - 1649809
(865) 691-0935
Email
West Knoxville Office
