6.249% Mulligan Rate
(640 to 659 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
GNMA; FICO 640 to 659: 0.500 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 | 1.859 | 4.317 / $33,802.70 | $4,143.86 | $0.00 | $4,143.86 |
5.000 | 1.204 | 3.662 / $28,673.85 | $4,203.48 | $0.00 | $4,203.48 |
5.125 | 0.580 | 3.038 / $23,787.73 | $4,263.50 | $0.00 | $4,263.50 |
5.250 | -0.015 | 2.443 / $19,128.70 | $4,323.93 | $0.00 | $4,323.93 |
5.375 | 0.054 | 2.512 / $19,668.99 | $4,384.75 | $0.00 | $4,384.75 |
5.499 | -0.533 | 1.925 / $15,072.60 | $4,445.47 | $0.00 | $4,445.47 |
5.500 | -0.538 | 1.920 / $15,033.45 | $4,445.96 | $0.00 | $4,445.96 |
5.625 | -1.103 | 1.355 / $10,609.32 | $4,507.57 | $0.00 | $4,507.57 |
5.749 | -1.639 | 0.819 / $6,412.28 | $4,569.06 | $0.00 | $4,569.06 |
5.750 | -1.643 | 0.815 / $6,380.96 | $4,569.56 | $0.00 | $4,569.56 |
5.875 | -1.235 | 1.223 / $9,575.72 | $4,631.92 | $0.00 | $4,631.92 |
5.999 | -1.733 | 0.725 / $5,676.23 | $4,694.16 | $0.00 | $4,694.16 |
6.000 | -1.737 | 0.721 / $5,644.91 | $4,694.67 | $0.00 | $4,694.67 |
6.125 | -2.202 | 0.256 / $2,003.82 | $4,757.78 | $0.00 | $4,757.78 |
6.249 | -2.633 | -0.175 / ($1,371.05) | $4,820.75 | $0.00 | $4,820.75 |
6.250 | -2.636 | -0.178 / ($1,394.54) | $4,821.26 | $0.00 | $4,821.26 |
6.375 | -1.662 | 0.796 / $6,232.18 | $4,885.09 | $0.00 | $4,885.09 |
6.500 | -2.107 | 0.351 / $2,747.69 | $4,949.29 | $0.00 | $4,949.29 |
6.625 | -2.525 | -0.067 / ($525.37) | $5,013.83 | $0.00 | $5,013.83 |
6.750 | -2.913 | -0.455 / ($3,563.53) | $5,078.72 | $0.00 | $5,078.72 |
6.875 | -2.405 | 0.053 / $414.26 | $5,143.96 | $0.00 | $5,143.96 |
6.892 | -2.458 | 0.000 / ($0.04) | $5,152.85 | $0.00 | $5,152.85 |
7.000 | -2.799 | -0.341 / ($2,670.88) | $5,209.52 | $0.00 | $5,209.52 |
7.125 | -3.167 | -0.709 / ($5,552.43) | $5,275.42 | $0.00 | $5,275.42 |
7.250 | -3.508 | -1.050 / ($8,222.57) | $5,341.65 | $0.00 | $5,341.65 |
7.375 | -2.729 | -0.271 / ($2,122.76) | $5,408.20 | $0.00 | $5,408.20 |
7.500 | -3.072 | -0.614 / ($4,808.55) | $5,475.07 | $0.00 | $5,475.07 |
7.625 | -3.395 | -0.937 / ($7,337.74) | $5,542.24 | $0.00 | $5,542.24 |
7.750 | -3.700 | -1.242 / ($9,725.99) | $5,609.73 | $0.00 | $5,609.73 |
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