Excellent Purchase Money and Mortgage Loan Rates

Home Purchase money lending

Even after recent market rate upswings, purchase money and mortgage loan rates are excellent for home buyers and refinancing borrowers.

Mortgage brokers here at Orange County CA on August 18, 2012, quoted the following rates on conforming loans to $417k:

Thirty-year, fixed-rate mortgage: 3.875 percent – with one point

Fifteen-year, fixed-rate mortgage: 3.0 percent – with one point

Five-year ARM: 2.75 percent – with one point

FHA loan up to $362,790 – 30 year fixed – 3.5 percent – with one point

Jumbo loan to $625,500 – 30 year fixed – 4.0 percent – with one point

Super jumbo loans higher than $625k – 30 year fixed – 4.375 percent – with one point

Lender requirements to approve loans are high, and the mortgage market is returning to more healthy underwriting standards.

Live at Orange County

Contact us here if you want information about selling and buying of properties at Orange County CA real estate.


Source of information is First Capital Mortgage – for information only and not the providing of mortgage loan services. We do not provide home loan or mortgages services and recommend that you contact a home loan or mortgage broker professional in your area. If you are at Orange County CA and want information about mortgage rates, contact Jim Power, First Capital Mortgage – jpower@firstcapitalmtg.com.

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Contact us about listing and sale of property at Orange County CA homes and real estate. ~ Professional REALTOR® agent representation and help for property owners, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.

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About Harrison K. Long

Businessman, Professional Realtor agent, GRI, Broker associate, Coldwell Banker Residential Brokerage - Orange County, California - CA DRE 01410855 - Helping property owners, estate trustees, executors and administrators, fiduciaries, bankers, investor group managers, with listing and sale of properties - helping people with their best decisions about homes and real estate - Member at the Orange County Association of REALTORs (serving on its board of directors for 2012); California Association of Realtors (serving on its board of directors for 2011-2102); National Association of Realtors - Also an attorney member of the California State Bar Association #69137 - Contact by telephone or text at 949-701-2515
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