**Please note that these mortgage rates are based on conventional and FHA loan programs with a purchase price of $250,000, 20% down payment, and credit scores of 720.   These mortgage rates are subject to change with out notice at any time.

Paul Melby

NMLS #322989

CURRENT RATES

NMLS #4474

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Conventional 15 year fixed rate               4.375% [APR 4.66%] Conventional 30 year fixed rate               4.875% [APR 5.16%] FHA 30 year fixed rate                                4.750% [APR 6.60%]

FHA LOAN LIMITS IN THE TWIN CITIES'S AREA HAVE INCREASED TO $356,500!!


WE HAVE ONE CLOSE CONSTRUCTION  LOANS INCLUDING INTEREST ONLY DURING THE CONSTRUCTION PERIOD!


*Last updated 04/27/2018*


Please contact me with any specific client questions or concerns.


PLUS WE HAVE THE PURCHASE HOME IMPROVEMENT LOAN PROGRAMS FOR BOTH THE FHA 203K AND CONVENTIONAL LOAN PROGRAMS.   THE CONVENTIONAL LOAN PROGRAMS HAS A MINIMUM DOWN PAYMENT OF 5%.  GREAT LOAN PROGRAMS FOR HOMES AT THE TIME OF PURCHASE.