Legal Disclosures

30-year Fixed-Rate Loan:

The interest rate of 6.375% (6.544% APR) is for the cost of 1.243 point(s) ($3,729.00). On a $300,000 mortgage, you would make monthly payments of $1,871.61. The monthly payment will increase once property taxes and homeowner's insurance is accounted for. The loan to value is assumed to be 79.50% of the property value.

Assumptions

• Listed rates are offered through Canopy Mortgage, Devan Egan NMLS# 1954363.
• Mortgage interest rates are subject to change until you've officially locked in a rate.
• Your monthly payments can only be accurately quoted when we have your specific scenario entered in. Loan amount, interest rate, property taxes & homeowner's insurance will impact your monthly payment calculation.
• Product availability can be limited by which state the property is in.
• First time home buyers may not have access to jumbo loans.
• Loans are subject to licensing in the property state. Most states are available.
• Restrictions may apply. Please speak with our team.
• Hypothetical comparison is based on a purchase or refinance of a primary residence. Not a cashout refinance loan.
• Scenario assumptions include: this is your primary residence as a single-family home; debt-to-income ratio meets conventional guidelines; and credit score is over 740; and your payment will include property taxes and homeowner's insurance paid to escrow.
• The lock period displayed is for a 30-day lock. 30 Day to 120 day lock periods available.
• If your loan to value is greater than 80%, PMI will be added to your monthy mortgage payment, except for VA loans. Military/VA loans do not have PMI.
• Please note, this quote is basic in nature because we don't have all of your details. Your actual situation will likely vary from this hypothetical, but it's given to illustrate the differences in cost. Canopy Mortgage has a lot of loan programs for you to choose from. For the most precise quote with your exact scenario, please speak with one of our licensed loan officers.