Regions Bank Mortgage with offices in Irmo, Lexington and Columbia posted current mortgage rates as of January 21, 2016 with no points and no origination fees unless noted.

 

Conventional loans with 20% down

30 yr fixed – 3.75% or bi-weekly 3.625%

15 yr fixed – 2.875%

 

Conventional loans with 5% down

30 yr fixed with PMI – 3.75%

30 yr fixed with NO PMI – 4.125%

 

Conventional loans with 3% down (first time homebuyer)

30 yr fixed 97% financing - 4.50% - All closing costs paid by Regions (except for escrows)

30 yr fixed Fannie Mae 97% financing – 4.00% - no closing costs paid by Regions

 

Government Programs

FHA Loans with 3.5% down 30 yr fixed – 3.50% with a lender credit towards closing costs

VA Loan with 100% financing 30 yr fixed – 3.50% with a lender credit towards closing costs

USDA 100% financing 30 yr fixed – 3.50% with a lender credit towards closing costs

 

Portfolio Programs

Affordable 100 30 yr fixed is 100% financing with NO PMI for anyone that makes under $51,760 in Lexington and Richland County – 4.75% or with 1 discount point 4.375%

100% Doctor Loan with NO PMI 30 yr fixed – 4.00% or Bi-weekly 3.875%  (100% up to $650,000 the rate is a little different with a Jumbo)

 

Rates on the above conventional loans are with near perfect credit with FHA, VA, and USDA the rate is the same with scores down to a 620. Conventional loans with 5% down min score is 640 with 20% down 620.

Also unlike other lenders where your customer doesn’t know who they will pay after closing Regions Bank services 100% of all loans so your customer will know who they will deal with all the time.

Rates change daily so contact me for the latest information!

Barbara LeRoux
Exit Real Estate Consultants
5175 Sunset Boulevard, Suite 3
Lexington, SC 29072
(803)399-1231
(305)797-7427 (cell – text me!)
barbleroux@gmail.com