6.750% Mulligan Rate
(620 to 639 FICO Scores)
Rates effective as of 01/12/2023 12:25:00 PM EST
(For more details on this rate, scroll down to the bottom of this page)
- VA Purchase Jumbo Loan fixed for 30 years (Loans from $766,551 up to $4,000,000)
(1st use of Benefit - See VA certificate of eligibility) - Owner Occupied Primary Residence
(Note: VA Loans are only for Primary Residences - Not 2nd Homes or Investment Homes) - Single Family Residence
(2 Unit "Duplexes", 3-Unit "Triplexes" & 4-Unit "Multiplexes" have higher loan limits) - $1,500,000 Purchase Price
(Note: Apex Mortgage Brokers can finance up to $4,000,000 purchase at 100% purchase price) - Zero Down VA Loan
(Note: Rate covers the origination charge) - $1,500,000 Initial Loan Amount
(Note: Funding Fee can either be added to loan amount or paid at closing) - $32,250.00 Funding Fee
(Note: Veterans with a 10% or greater disability pay no funding fee) - Texas & Florida Property Tax Rules for Veterans
(Note: Veterans with a 100% disability may not be required to pay ad valorem taxes on properties they own and and use as their homesteads - Veterans confined to a wheelchair have similar rules) - $1,532,250.00 Loan Amount if Funding Fee added to loan amount
GNMA; FICO 620 to 639: 1.250 FICO Score Low Level Price Adjustment to Rate
NOTE: Green Numbers indicate a Rate Buy Down
(Rate is below PAR = Mortgage Birdie = Paying for a Lower Rate & Payment)
Red Numbers indicate a Lender Credit to help cover closing costs
(Rate is above PAR = Mortgage Bogey = Extra Money for Closing Costs)
NOTE: A "Mulligan Rate" is when you get a Lender Credit lower than PAR
4.875 | 2.139 | 4.390 / $67,258.95 | $8,108.79 | $0.00 | $8,108.79 |
5.000 | 1.484 | 3.735 / $57,222.72 | $8,225.45 | $0.00 | $8,225.45 |
5.125 | 0.860 | 3.111 / $47,661.48 | $8,342.90 | $0.00 | $8,342.90 |
5.250 | 0.265 | 2.516 / $38,544.59 | $8,461.14 | $0.00 | $8,461.14 |
5.375 | 0.334 | 2.585 / $39,601.84 | $8,580.16 | $0.00 | $8,580.16 |
5.499 | -0.253 | 1.998 / $30,607.53 | $8,698.99 | $0.00 | $8,698.99 |
5.500 | -0.258 | 1.993 / $30,530.92 | $8,699.95 | $0.00 | $8,699.95 |
5.625 | -0.823 | 1.428 / $21,873.71 | $8,820.50 | $0.00 | $8,820.50 |
5.749 | -1.359 | 0.892 / $13,660.85 | $8,940.82 | $0.00 | $8,940.82 |
5.750 | -1.363 | 0.888 / $13,599.56 | $8,941.80 | $0.00 | $8,941.80 |
5.875 | -0.755 | 1.496 / $22,915.64 | $9,063.84 | $0.00 | $9,063.84 |
5.999 | -1.253 | 0.998 / $15,285.03 | $9,185.63 | $0.00 | $9,185.63 |
6.000 | -1.257 | 0.994 / $15,223.74 | $9,186.61 | $0.00 | $9,186.61 |
6.125 | -1.722 | 0.529 / $8,098.78 | $9,310.11 | $0.00 | $9,310.11 |
6.249 | -2.153 | 0.098 / $1,494.78 | $9,433.33 | $0.00 | $9,433.33 |
6.250 | -2.156 | 0.095 / $1,448.82 | $9,434.33 | $0.00 | $9,434.33 |
6.375 | -1.182 | 1.069 / $16,372.93 | $9,559.25 | $0.00 | $9,559.25 |
6.500 | -1.627 | 0.624 / $9,554.42 | $9,684.86 | $0.00 | $9,684.86 |
6.625 | -2.045 | 0.206 / $3,149.61 | $9,811.16 | $0.00 | $9,811.16 |
6.750 | -2.433 | -0.182 / ($2,795.52) | $9,938.14 | $0.00 | $9,938.14 |
6.875 | -2.025 | 0.226 / $3,456.06 | $10,065.79 | $0.00 | $10,065.79 |
6.947 | -2.251 | 0.000 / $0.07 | $10,139.62 | $0.00 | $10,139.62 |
7.000 | -2.419 | -0.168 / ($2,581.00) | $10,194.10 | $0.00 | $10,194.10 |
7.125 | -2.787 | -0.536 / ($8,219.68) | $10,323.05 | $0.00 | $10,323.05 |
7.250 | -3.128 | -0.877 / ($13,444.66) | $10,452.65 | $0.00 | $10,452.65 |
7.375 | -2.349 | -0.098 / ($1,508.43) | $10,582.87 | $0.00 | $10,582.87 |
7.500 | -2.692 | -0.441 / ($6,764.05) | $10,713.71 | $0.00 | $10,713.71 |
7.625 | -3.015 | -0.764 / ($11,713.21) | $10,845.17 | $0.00 | $10,845.17 |
7.750 | -3.320 | -1.069 / ($16,386.58) | $10,977.23 | $0.00 | $10,977.23 |
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