Residential rates (As of 11am, 9/20/2024)-Primary Residence
Conventional Rates (with 20% down)
Residential Rates based on the following: (Rates subject to change daily)
Purchase Price: $625,000
Down Payment: $125,000 (20%)
Loan Amount: $500,000 (80% LTV)
Loan Term: 30 yr. fixed
Credit Score: 720 (Based on middle score from pulling TransUnion, Equifax, and Experian)
Lender Underwriting Fee: $1,050 (Rocket Pro)
3rd Party Processing Fee: $995
Plus appraisal, title work, taxes, government fees, and applicable 3rd party closing costs.
Rate Options:
Origination Fee: $0
Rate: 5.99%/APR 6.037% (with .263 points=$1,315)
Rate: 6.125%/APR 6.148% with 0 points.
Rate above based on a 30 day rate lock.
OR
Origination Fee: $5,000 (1.00%)
Rate: 5.50%/APR 5.561% (with .433 points=$2,165)
Rate: 5.625%/APR 5.655% (with .099 points=$495)
See Mortgage Calculator under Residential for payments.
Residential Jumbo Rates
Residential Jumbo Rates based on the following: (Rates subject to change daily)
Purchase Price: $1,500,000
Down Payment: $300,000 (20%)
Loan Amount: $1,200,000 (80% LTV)
Loan Term: 30 yr. fixed
Credit Score: 720 (Based on middle score from pulling TransUnion, Equifax, and Experian)
Lender Underwriting Fee: $1,050 (Rocket Pro)
3rd Party Processing Fee: $995
Plus appraisal, title work, taxes, government fees, and applicable 3rd party closing costs.
Rate Options:
Origination Fee: $0
Rate: 5.875%/APR 6.023% (with 1.442 points=$17,304)
Rate: 6.75%/APR 6.767% with .03 points=$360.
Rate above based on a 30 day rate lock.
OR
Origination Fee: $12,000 (1.00%)
Rate: 5.99%/APR 6.018% (with .166 points=$1,992)
Rate: 6.125%/APR 6.138% (with 0 points)
See Mortgage Calculator under Residential for payments.
Self-Employed Bank Statement Jumbo
Residential Self-Employed Bank Statement Jumbo Rates based on the following:
(Rates subject to change daily)
Purchase Price: $1,500,000
Down Payment: $300,000 (20%)
Loan Amount: $1,200,000 (80% LTV)
Loan Term: 30 yr. fixed
Credit Score: 720 (Based on middle score from pulling TransUnion, Equifax, and Experian)
Lender Underwriting Fee: $1,050 (Rocket Pro)
3rd Party Processing Fee: $995
Plus appraisal, title work, taxes, government fees, and applicable 3rd party closing costs.
Rate Options: (Based on 12 month Bank Statements)
Origination Fee: $0
Rate: 7.00%/APR 7.059% (with .321 points=$3,852)
Rate: 7.125%/APR 7.153% (with 0 points)
OR
Origination Fee: $12,000 (1.00%)
Rate: 6.75%/APR 6.796% (with .196 points=$2,352)
Rate: 6.875%/APR 6.902% (with 0 points)
Rate above based on a 45 day rate lock.
See Mortgage Calculator under Residential for payments.
Additional Examples to be added soon!
In addition to Conventional financing and Bank Statement financing, we offer many other Non-QM programs. CAC also specializes in Investment Property financing for Real Estate Investors. Please contact us if you have a specific situation or need. We'll likely have a program.
Commercial Real Estate Financing (Available)
If you own or are looking to purchase a Commercial property such as an Office, Industrial, Retail (Includes Shopping Centers), Hotel, or Multifamily property, please let us help. We have established relationships with over 70 lenders (Banks & Credit Unions) throughout Florida. We also have relationships with Bridge Lenders, SBA Lenders, and Private Lenders.
Ready to Apply for a Residential Loan
If you're ready to apply or ready to get preapproved or prequalified, please click Apply Now below. Once we receive your loan request, we will give you a call to better understand your needs. We can then provide quotes for multiple lenders in order to help you find the best rates and terms. Once a lender is selected, we'll upload your request with that lender and get back to you with a Loan Estimate (LE) from the lender chosen.