7.125% Mulligan Rate
(600 to 619 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 Loan fixed for 30 years(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) - $766,550 Purchase Price
- Zero Down VA Loan (Note: Rate covers the origination charge)
- $766,550 Initial Loan Amount
(Note: Funding Fee can either be added to loan amount or paid at closing) - $16,480.82 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) - $783,030.82 Loan Amount if Funding Fee added to loan amount
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 | 4.640 / $71,089.58 | $8,108.79 | $0.00 | $8,108.79 |
5.000 | 1.484 | 3.985 / $61,053.34 | $8,225.45 | $0.00 | $8,225.45 |
5.125 | 0.860 | 3.361 / $51,492.10 | $8,342.90 | $0.00 | $8,342.90 |
5.250 | 0.265 | 2.766 / $42,375.21 | $8,461.14 | $0.00 | $8,461.14 |
5.375 | 0.334 | 2.835 / $43,432.47 | $8,580.16 | $0.00 | $8,580.16 |
5.499 | -0.253 | 2.248 / $34,438.16 | $8,698.99 | $0.00 | $8,698.99 |
5.500 | -0.258 | 2.243 / $34,361.55 | $8,699.95 | $0.00 | $8,699.95 |
5.625 | -0.823 | 1.678 / $25,704.33 | $8,820.50 | $0.00 | $8,820.50 |
5.749 | -1.359 | 1.142 / $17,491.47 | $8,940.82 | $0.00 | $8,940.82 |
5.750 | -1.363 | 1.138 / $17,430.18 | $8,941.80 | $0.00 | $8,941.80 |
5.875 | -0.755 | 1.746 / $26,746.26 | $9,063.84 | $0.00 | $9,063.84 |
5.999 | -1.253 | 1.248 / $19,115.66 | $9,185.63 | $0.00 | $9,185.63 |
6.000 | -1.257 | 1.244 / $19,054.37 | $9,186.61 | $0.00 | $9,186.61 |
6.125 | -1.722 | 0.779 / $11,929.41 | $9,310.11 | $0.00 | $9,310.11 |
6.249 | -2.153 | 0.348 / $5,325.41 | $9,433.33 | $0.00 | $9,433.33 |
6.250 | -2.156 | 0.345 / $5,279.44 | $9,434.33 | $0.00 | $9,434.33 |
6.375 | -1.182 | 1.319 / $20,203.56 | $9,559.25 | $0.00 | $9,559.25 |
6.500 | -1.627 | 0.874 / $13,385.04 | $9,684.86 | $0.00 | $9,684.86 |
6.625 | -2.045 | 0.456 / $6,980.24 | $9,811.16 | $0.00 | $9,811.16 |
6.750 | -2.433 | 0.068 / $1,035.11 | $9,938.14 | $0.00 | $9,938.14 |
6.875 | -2.025 | 0.476 / $7,286.69 | $10,065.79 | $0.00 | $10,065.79 |
7.000 | -2.419 | 0.082 / $1,249.62 | $10,194.10 | $0.00 | $10,194.10 |
7.125 | -2.787 | -0.286 / ($4,389.06) | $10,323.05 | $0.00 | $10,323.05 |
7.250 | -3.128 | -0.627 / ($9,614.03) | $10,452.65 | $0.00 | $10,452.65 |
7.375 | -2.349 | 0.152 / $2,322.20 | $10,582.87 | $0.00 | $10,582.87 |
7.430 | -2.501 | 0.000 / $0.07 | $10,640.37 | $0.00 | $10,640.37 |
7.500 | -2.692 | -0.191 / ($2,933.42) | $10,713.71 | $0.00 | $10,713.71 |
7.625 | -3.015 | -0.514 / ($7,882.59) | $10,845.17 | $0.00 | $10,845.17 |
7.750 | -3.320 | -0.819 / ($12,555.95) | $10,977.23 | $0.00 | $10,977.23 |
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