Total Mortgage Services, based out of Connecticut, claims to offer some of the lowest mortgage rates in the country.
They offer an extensive range of mortgage products including – fixed rate mortgages, adjustable rate mortgages, home refinance mortgage loans, jumbo mortgage loans, FHA mortgage loans, reverse mortgages, no closing cost mortgages, and first time home buyer mortgages (to name a few). The APR’s on their home loans are often significantly below the national average.
How is Total Mortgage Services able to offer lower rates?
According to Total Mortgage Services, they can offer better APRs on home loans because of their in-house underwriting, their advanced processing technology, and the sheer volume of the business they do. They claim to have access to the widest array of programs and the best possible rates available anywhere. In many states, they’re a broker and a lender, which means they have great flexibility in crafting and customizing a mortgage solution.
Mortgage Rates offered through Total Mortgage Services:
(Rates accurate as of 12/2012. Visit our mortgage center to compare Total Mortgage Services current rates with scores of other banks from our database.)
|30 year fixed||3.125%||3.236%|
|15 year fixed||2.625%||2.825%|
|30 year FHA||3.125%||4.075%|
|5/1 year ARM||2.250%||4.478%|
|30 year fixed jumbo||4.250%||4.279%|
Things to keep in mind before applying…
- The APR can vary among mortgage lenders. The most accurate way to determine an APR is to establish the current mortgage rate, loan amount and closing costs.
- No closing cost loans allow borrowers to include closing costs in the loan amount, preventing them from having to come up with the money all at once.
- Mortgage rates change daily, sometimes several times throughout the day. A mortgage professional can monitor current mortgage rates for you.
Total Mortgage Services, LLC
326 West Main Street Milford, CT 06460