15-Year Fixed-Rate Mortgage: Mortgage rates could change daily. Actual payments will vary based on your individual situation and current rates. Rates shown valid on publication date as of , from participant(s) in the LMB Provider Network for qualified consumers.

30-Year Fixed-Rate Mortgage: Mortgage rates could change daily. Actual payments will vary based on your individual situation and current rates. Rates shown valid on publication date as of , from participant(s) in the LMB Provider Network for qualified consumers.

A shorter term mortgage enables such borrowers to pay down the amount they owe much faster than a traditional 30-year mortgage. Furthermore, interest rates on shorter term mortgages usually are less than on thirty-year mortgages. More information can be found at https://www.quickenloans.com/mortgage-options/fixed-home-loans

Savings assume qualified refi candidates, based on the following criteria: 30-year mortgage holders with a maximum 80% loan-to-value (LTV) ratio and credit scores of 720 or higher, who could shave at least 0.75% off their current first lien rate by refinancing.

Advertised rates: Based on a $250,000 conventional refinance loan on a single family primary residence located in Georgia, 740 FICO score and 80% LTV. 15 Year Fixed Rate/APR and 30 Year Fixed Rate/APR includes Discount Points. Rates effective and are subject to change without notice.

Advertised rates: Based on a $400,000 conventional refinance loan on a single family primary residence located in Georgia, 740+ FICO score and 80% LTV. 15 Year Fixed Rate/APR includes Discount Points. Rates effective 01/30/2023 and are subject to change without notice.

Advertised rates: Based on a $540,000 conventional refinance loan on a single family primary residence located in Florida, 740+ FICO score and 80% LTV. 15 Year Fixed Rate/APR includes Discount Points. Rates effective 01/30/2023 and are subject to change without notice.

FHA's nationwide forward mortgage limit "floor" and "ceiling" for a one-unit property in Calendar Year 2021 are $356,362 and $822,375, respectively. https://www.hud.gov/program_offices/housing/sfh/lender/origination/mortgage_limits

FHFA's maximum base conforming loan limits for properties NOT in Alaska, Hawaii, Guam and U.S. Virgin Islands for 2021: https://sf.freddiemac.com/articles/news/loan-limits-are-increasing-by-742-in-2021

"GSE" Definition - Government Sponsored Enterprises or Entities that include The Federal National Mortgage Association (FNMA or Fannie Mae), The Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac) and The Federal Agricultural Mortgage Corporation (Farmer Mac) https://www.fhfaoig.gov/Content/Files/History%20of%20the%20Government%20Sponsored%20Enterprises.pdf

Biden's $10 billion in financial assistance is expected to be available in 2022: https://finance.yahoo.com/news/biden-signed-10-billion-mortgage-133000243.html

U.S. Dept. of Treasury’s Fund for Disadvantaged Homeowners - https://home.treasury.gov/policy-issues/coronavirus/assistance-for-state-local-and-tribal-governments/homeowner-assistance-fund

Freddie Mac and Fannie Mae have adopted a new refinance option for loans to borrowers with incomes at or below 80% of area median income. If your mortgage is owned or guaranteed by either Freddie Mac or Fannie Mae, you may be able to refinance your mortgage under this refinance option, subject to certain qualifications. You can determine whether your mortgage is owned by either Freddie Mac or Fannie Mae by checking the following websites:

- Freddie Mac Loan Look-Up Tool (https://loanlookup.freddiemac.com/) or

- Fannie Mae Mortgage Loan Lookup (https://www.knowyouroptions.com/loanlookup)

LowerMyBills is not acting as a lender or broker. The information provided by you to LowerMyBills is not an application for a mortgage loan, nor is it used to pre-qualify you with any lender. If you are contacted by a lender or broker advertising within our network, your quoted rate may be higher depending on your property location, credit score, loan-to-value ratio, debt-to-income ratio, and/or other factors. LowerMyBills does not offer its matching services in all states. This loan may not be available for all credit types, and not all service providers in the LowerMyBills network offer this or other products with interest-only options.

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