Mortgages
Hunter Financial offers 30-year mortgages at 3.875%, no points
Hunter Financial Group is offering an exceptional deal on 30-year, fixed-rate mortgages in 11 states.
It's charging only 3.875% with no points and $813 in lender fees to borrowers buying or refinancing a home in Arizona, California, Colorado, Florida, Illinois, Minnesota, Oregon, Tennessee, Texas, Utah and Washington.
This interest rate is almost a third of a point lower than the national average of 4.18% for 30-year mortgages.
The principal and interest payment would be just $470 a month for every $100,000 borrowed.
You can use our mortgage calculator to determine the monthly payments for the amount you want to borrow with this or any home loan.
It will also provide a month-by-month amortization schedule that shows how much you've reduced your debt and how much you still owe if you want to pay off the loan.
Hunter Financial Group is a mortgage banker based in Addison, Texas.
While a mortgage broker sells loans on behalf of various lenders, a mortgage banker directly provides the money it uses to make home loans.
Loans are usually written against a line of credit the mortgage banker has obtained until they can be sold to investors such as the big government agencies that buy loans, Fannie Mae and Freddie Mac.
To qualify for this loan from Hunter Financial, you'll need an excellent credit score, which is generally defined as 740 or higher, and be seeking a loan of less than $417,000.
Click here to compare this deal with the best mortgage rates from scores of other lenders in your area.
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