Loan Programs & Products

Prequalify & Apply Online

Mortgage Calculators

Mortgage Dictionary

Repair Your Credit

Mortgage Rates

Testimonials

Contact Us

About Us

Home


 


 

First Time Homebuyers
Don't Rent Forever

RATES ARE DOWN

 

Conforming Loans:

30 Yr 6.125%
15 Yr 6.0%
FHA 30 yr 6.25%
FHA 15 yr 6.5%

Jumbo:

Please call for rates, these products fluctuate greatly   

updated county loan limits

Cape May county $487,500, Atlantic county 453,750, Cumberland county 405,000,Camden/Burlington/Gloucester420,000

updated 10-24-2008

Rates applicable for loan amounts over $200,000.00

 


Call 800.354.9554 to lock in your rate today!

Lender Fees of $980, are estimated costs which may vary from loan to loan. They are based on a typical $175,000 purchase loan transaction in the Philadelphia area. These are not inclusive of all closing costs and do not include points, prepaid interest, taxes or escrow items.
POTENTIAL FEES RELATED TO EACH LOAN
  • Appraisal
  • Credit Report Application
  • Inspection
  • Document Prep/Review
  • Underwriting
  • Processing
  • Flood Certification
  • Tax Service
  • Notary
  • Title Co.
  • Closing Fees
  • Attorney
  • Recording
  • Survey
  • Messenger/Courier
  • Wire Transfer
  • Administrative
  • Mortgage Broker Fee
  • Funding and Review
  • Payment Processing
  • Commitment Fee
  • Title Ins (lenders)
This list does not include points, if any, nor does it include local taxes, prepaid interest payments or prepaid escrow payments for home insurance or real estate taxes. A more complete list, tailored to your specific loan transaction, entitled "Good Faith Estimate of Settlement Costs" should be provided to you when you actually apply for a loan.

Rates based on $175,000 loan for single family home. All rates are believed to be accurate but cannot be guaranteed and are subject to change without notice. Minimum downpayment requirements and other restrictions may apply.

Pts=points, which include origination and discount fees. APR=annual percentage rate and is calculated by each company - includes costs to obtain loan and private mortgage insurance if required. Lock=rate lock period. ARM=adjustable rate mortgage.


Loan Programs & Products
| Prequalify & Apply Online | Mortgage Calculators | Mortgage Dictionary
Repair Your Credit | Mortgage Rates | Testimonials | Contact Us | Home

Redwood Mortgage Company
Licensed Mortgage Banker NJDOBI, Licensed by the PA Dept of Banking, Licensed Mortgage Loan Broker DE Dept of Banking,
Licensed Correspondent Lender FL Dept of Financial Regulation, Registered Mortgage Broker Colorado Division of Real Estate