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Today's Mortgage Rates
July 2, 2009
Loans up to $417,000 Rate APR
30 Year Fixed 4.375 4.719
15 Year Fixed 3.875 4.567
Loans up to $1,000,000 Rate APR
5 Year ARM 8.375 6.108
5 Year Interest Only ARM 8.625 6.171
FHA Rates Rate APR
30 Year Fixed 4.750 5.278
15 Year Fixed 4.250 4.766
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USDA Mortgage Loans

USDA home loans are offered in rural areas as determined by the United States Department of Agriculture (USDA). The USDA’s mission is to help lower income households obtain home loans at reasonable mortgage rates. USDA home loans offer many advantages to qualified borrowers.

USDA mortgage loans allow for purchase and no cash out refinances of primary residences. Some benefits of USDA are:
  • 100% financing
  • No monthly mortgage insurance
  • No asset or automatic reserve requirements
  • Gifts allowed for closing costs
  • Required property improvements can be financed into the loan up to 102% of the "improved" value. (USDA will allow repairs to be completed after closing!)
Eligible USDA property types include single family homes, condominiums and manufactured housing*. USDA does have some income and property eligibility requirements.

Even though a mortgage insurance premium is not required, USDA charges a 2% funding fee to guarantee the mortgage. This fee may be financed into the loan amount.


*Must be on permanent foundation.
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Read what customers say about our level of service.
Posted: 07/02/09 5:54 PM
Fast to get conditional loan approveal from the lender
Posted: 07/02/09 5:41 PM
Very thoughtful and thorough service.
Posted: 07/02/09 5:39 PM
The personalized help I have received and the professionalism.
Posted: 07/02/09 2:26 PM
The Fact that you able to do everything online. Also the way the fees are disclosed. Overall My agents was very impressed with them.
Posted: 07/02/09 1:15 PM
Tim Atkinson so far has been very professional. Answered all my questions candidly. No hard sales. Just customer serv. . .
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