Careful, Maribeth. Homestead Funding is not accredited with the better business bureau like some of the local mortgage branches of the regional banks and they give you this run around when you try obtain a rate from them online:
Because web rates can be misleading, Homestead Funding prefers to evaluate each customer based on their individual circumstances and profile.
Mortgage rates fluctuate constantly based on a variety of factors.
They include changes in prime interest rate or economy, a borrower's credit score, credit history, downpayment available, collateral and income. Also different loan programs may require rate adjustments based on term, type and qualifications.
It is important to understand how your particular situation affects your interest rate. To find out please contact us by finding a loan originator, pre-qualifying today, or calling one of our branch offices.