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Rate Updates for 5/18/2012

Loan ProgramRateAPR
30 Year Fixed3.750%3.879%
30 Year Fixed (>$417,000)3.875%3.969%
15 Year Fixed3.000%3.227%
5/1 ARM2.750%3.049%
APR based on 20% down payment and a $417,000 loan amount with impounds, > 700 Credit Score. Loans > $417,000 based on the same parameters.

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MWF News & Announcements

California Homebuyer (3%) Down Payment Assistance
By: Joseph M. Moore 10/26/2011

Mountain West Financial is now offering the California Homebuyer Down Payment Assistance Program (CHDAP). This program will allow homebuyers to receive 3% of the sale price for down payment or closing cost assistance. Read full story.

 
FHA Purchase loans now available to a 580 FICO Score
By: Joseph M. Moore 10/15/2011

Does your buyer have a low FICO score? No problem! Your client may qualify for an FHA Purchase Loan with these new guidelines! Read full story.

 
FHA 203(k) Home Improvement loans to $35,000
By: Joseph M. Moore 10/01/2011

Mountain West Financial offers a solution to help both buyers and current homeowners to facilitate home improvements utilizing a single fixed rate loan. Read full story.

 
Mountain West Financial introduces Preferred Realtor Network
By: Joseph M. Moore 09/01/2011

Join the Mountain West Financial Preferred Realtor Network and together we can help more homebuyers realize the American Dream of Homeownership. Read full story.

 


FHA Purchase loans now available to a 580 FICO Score

By Joseph M. Moore, Mountain West Financial
October 26, 2011

Mountain West Financial is now offering FHA financing t580 (FICO). These relaxed credit score requirements for FHA purchase loans to allow borrowers to qualify for financing with credit scores below the normal minimum of 640. This program still requires a 3.50% down payment but gift funds are still allowed from a family member. *We also offer a 21 day closing guarantee on all home purchase loans

 
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For more information or if you have any questions, please feel free to contact us directly at 800-310-7577. We look forward to working with you!

Sincerely,

Linked In Joseph M. Moore View Executive Biography
Business Development Manager
NMLS #333648
Direct: 714-655-0116
E-Mail: joe.moore@mwfinc.com

 

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