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                     For Lenders    |    Special Programs for HOC Residents    |   HOC Existing Loan Customers

 

CHECK OUR WEBPAGE DAILY FOR INTEREST RATE CHANGES.


HOC Mortgage Purchase Program

30 Year Fixed Rate
ZERO POINTS


Today's Rates


 Posted rates may not reflect the current rate.
           
 

 

OPTION 1
w/o Purchase Assistance

(NO McHAF)

OPTION 2
With Purchase Assistance

(NO MCHAF)


MCHAF First Trust Mortgage
MPP FHA Only

7.125%
APR 7.423%

7.875%
APR 8.187%
7.250%
APR 7.550%
Fannie Mae and Freddie Mac
Conventional 95 Loans
LTV up to 95%

7.250%
APR 7.550%

8.000%
APR 8.314%
7.500%
APR 7.805%
Fannie Mae and Freddie Mac
Conventional 97 Loans
LTVs between 95.01% and 97%

7.375%
APR 7.677%

8.125%
APR 8.442%
7.625%
APR 7.932%
 
   

*APR based on $250,000 loan amount
 
**Option 2: PURCHASE ASSISTANCE
Deferred Loan with 0% Interest Rate
for Downpayment and Closing Costs
DO NOT HAVE TO WORK IN MONTGOMERY COUNTY
 
*McHAF First Mortgage includes a down payment and closing cost assistance loan with a maximum total of $25,000.

The interest rates above are the current advertised interest rates for the Mortgage Purchase Program loan products. These are indicative rates only and are not meant to be any type of guarantee of rates currently available through the Mortgage Purchase Program. Publishing these rates is not a commitment to lend or extend credit. Credit is subject to approval, which include, among other qualifiers, income, credit and collateral. Please contact an approved MPP Lender to see what interest rate you may qualify for. Loan rates and terms are subject to change.  Posted rates may not reflect the current rate. Other conditions may apply.

 

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