For a real-time custom quote with optional rate (along with lender discount costs or lender credits) contact a VMG Loan Consultant or visit our Pricing Engine
To track weekly rate changes, visit our Blog to see our Weekly Rate Tracker
Source of data: Ellie Mae Origination Insight Report
Lender Credits provided by VMG to clients toward closing costs in 2019: $553,084.53
Lender Credits provided by VMG to clients toward closing costs in 2020 (through Feb 29th): $90,249.35
Data collected from Ellie Mae. Data compared to loan applications closed with Vantage Mortgage
Group, Inc. during the calendar month and year noted above, along with the interest rate and APR information reflected. Comparisons made are for 30 year terms only on Conventional loans along with VA/FHA loans. Monthly payment and term savings based off $350,000 loan amount examples. Data is for informational purposes only and is not a rate quote or commitment to lend. Rates subject to change daily without notice. For a formal rate quote and loan approval, contact a VMG Loan Consultant at any time and request a Loan Estimate.
Lender credits apply when a slightly higher interest rate is chosen, opposed to no lender credit or optional discount point buy-down at lower interest rates disclosed as an optional choice with VMG