Some metropolitan areas are known for their nightlife, culture and food scene. Others are known for being home to the beautiful people, gorgeous beaches and amazing weather. One such city located on the Atlantic coast in southeastern Florida is Miami, and it has it all. Since its official incorporate on July 28, 1896, Miami has grown to have a robust population exceeding 413,000. Unfortunately, Miami has gotten a bad rap because of the city being one of the hot-beds of activity central to the recent mortgage meltdown. However, the tables have now turned as luxury properties at affordable prices abound and Mortgage Marvel can help potential Miami, FL borrowers locate the mortgage rates to tap into the best buyer's market in decades.
Currently, qualified consumers with excellent credit histories and credit scores can lock into the best mortgage rates in recorded history. What goes up must go down, and the trend will certainly reverse once again in the Miami, FL housing market. There are plenty of signs indicating that within a year or two the economy will be back on track and housing values will stabilize and start to increase. That is why those who can manage their finances and save a down payment amount are encouraged to do it now in order to get the best values. According to statistics provided by CityData.com, the average price of a Miami home has dropped by over 50 percent since market peak prices of approximately $325,000 were reached circa 2007 Q3. At the conclusion of 2010 Q3, home values have declined significantly to a median price of around $152,000. While the circumstances may have negatively impacted the housing market as a whole, the area is filled with opportunities for reinvention.
Miami is a dream city for many Americans as the tropical climate produces amazing flora and fauna, the city is lined with white sand beaches and crystal clear water. Plus Miami is a cultural Mecca for diversity and expression. If you have ever longed to live and flourish in Miami, the time to make your move is now and Mortgage Marvel will provide you with the accurate mortgage rates you need to aid in the task.
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| Loan Purpose: | Purchase | Discount Points: | 0.00% |
| Purchase Price: | $250,000.00 | Property Type: | Single Family |
| Loan Amount: | $187,500.00 | Property Use: | Primary Residence |
| Credit Score: | 740 | Lender Location: | No Preference |
| Payment Type: | Principal and Interest | First Time Buyer: | No |
| Lender |
Interest Rate |
APR |
Discount Points |
Closing Costs |
Monthly Payment |
# of Monthly Payments |
Company Information |
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LenderFi.com 30 Year Fixed Rate - No Prepayment Penalty 30 day lock |
3.750% | 3.872% | 0.000% | $6,419 | $868 | 360 |
27240 Turnberry Lane, Ste. 220 Valencia, CA 91355 888-342-0000 |
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| Lenderfi.com a Direct Lender offers some of the lowest rates in the nation and all our rates are available online 24/7 and are up to the minute. You can apply online, get your loan approved and lock in your chosen rate and fees within minutes. The best part is you don't have to enter any personal information to search our low rates. Visit our website today and see the difference. (...) |
| Lender |
Interest Rate |
APR |
Discount Points |
Closing Costs |
Monthly Payment |
# of Monthly Payments |
Company Information |
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Hanscom Federal Credit Union 30 Year Fixed Rate 30 day lock |
3.875% | 3.895% | 0.000% | $4,784 | $882 | 360 |
1610 Eglin Street Hanscom AFB, MA 01731 1-800-656-4328 ext. 2043 |
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| Lender |
Interest Rate |
APR |
Discount Points |
Closing Costs |
Monthly Payment |
# of Monthly Payments |
Company Information |
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Hanscom Federal Credit Union No Closing Cost - 30 Year Fixed Rate 30 day lock |
4.375% | 4.391% | 0.000% | $4,278 | $936 | 360 |
1610 Eglin Street Hanscom AFB, MA 01731 1-800-656-4328 ext. 2043 |
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| About Us As a member-owned, not-for-profit financial cooperative, Hanscom Federal Credit Union will uphold its fundamental responsibility to actively serve our field of membership, and as appropriate, the communities we serve. We will offer a range of competitively priced products and services to meet the diverse economic and social needs of our members and potential members. We will monitor and communicate our services in a meaningful way so that members, potential members, legislators, regulators, and (...) |
| Lender |
Interest Rate |
APR |
Discount Points |
Closing Costs |
Monthly Payment |
# of Monthly Payments |
Company Information |
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Cornerstone Bank 30 Year Fixed Rate 30 day lock |
3.875% | 3.920% | 0.000% | $3,244 | $882 | 360 |
9120 W 135th Street Overland Park, KS 66221 913-239-8100 |
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| Cornerstone Bank is a locally owned and operated Bank in Overland Park, Kansas. Founded on tradtions of doing what is right for the client is what drives employees to treat clients how they want to be treated. Assiting clients find the right product for their needs is of utmost importance to the bank. (...) |
| Lender |
Interest Rate |
APR |
Discount Points |
Closing Costs |
Monthly Payment |
# of Monthly Payments |
Company Information |
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BBVA Compass Conforming 30 Year Fixed Rate 30 day lock |
4.000% | 4.145% | 0.000% | $7,205 | $895 | 360 |
401 Mariner Boulevard Spring Hill, FL 34609 1-888-8-LENDING (888-853-6346) |
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| ABOUT BBVA COMPASS BBVA Compass is a Sunbelt-based financial institution that operates more than 716 branches including 380 in Texas, 92 in Alabama, 66 in California, 77 in Arizona, 45 in Florida, 36 in Colorado and 20 in New Mexico. BBVA Compass is the 15th largest U.S. commercial bank based on deposit market share and ranks among the largest banks in Alabama (3rd), Texas (4th), and Arizona (5th). For the second consecutive year, BBVA Compass was named as a “Lender of the Year” by the Small Business Admi (...) |
| Lender |
Interest Rate |
APR |
Discount Points |
Closing Costs |
Monthly Payment |
# of Monthly Payments |
Company Information |
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Philadelphia Federal Credit Union 30 Year Fixed Rate 30 day lock |
4.125% | 4.163% | 0.000% | $4,988 | $909 | 360 |
5000 West Baltimore Ave Philadelphia, PA 19143 215-934-3500 or 800-832-PFCU (outside Philadephia metro area) |
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| About Philadelphia Federal Credit Union We are a strong and stable institution. Philadelphia Federal Credit Union was founded in 1951 to serve the financial needs of Philadelphia municipal employees. Today, with more than 100,000 members and assets in excess of $500 million we are among the top five credit unions in the area, serving the owners, employees and directors of over 600 organizations throughout Pennsylvania, New Jersey and Delaware. Our mission is to provide our members with the resources to achieve their financial goals and we stand by that commitment every day by offering today's sophisticated services without losing sight of our purpose. We vastly differ from regular banks because our financial cooperative is owned by our members. (...) |
The interest rates, annual percentage rates (APRs), discount points and costs shown are valid as of 6/17/2013 10:05:49 PM Central Time and are subject to change without notice. Your APR will vary based on your final loan amount and finance charges.
The rates, closing fees and payments displayed above assume a down payment of $62,500.00. Monthly payment amounts do not include taxes and insurance. If an escrow account for taxes or insurance is required or requested, the actual monthly payment amount will be greater.
