Nationstar Mortgage Review

#11 in Mortgage Rates

 

Nationstar Mortgage specializes in residential mortgage services providing a range of mortgage products for homebuyers across the United States.  Partners include banks, financial organizations and government enterprises. Loan options are also available for homeowners searching to refinance their mortgage or looking for home equity based loans.

 

House Types

  • Single Home
  • Townhome
  • Condo
  • Multifamily dwelling

 

Types of Mortgage

  • Fixed Rate Mortgages
  • Adjustable Rate Mortgages
  • FHA Mortgages
  • VA Mortgages
  • Jumbo Mortgages

*** USDA Loans – flexible and no down payment loan program by the US Department of Agriculture for rural property owners.

 

Qualifying

 

Credit Score

620

Down payment (ideal)

20%

Minimum employment

24 months

 

Mortgage Rates

 

 

Rate

APR

 

30 Year Fixed Rate Mortgage

3.750%

3.878%

$1,389.35

10 Year Fixed Rate Mortgage

2.750%

3.075%

$2,862.33

10/1 ARM

3.250%

3.392%

$1,305.65

5/1 ARM

2.750%

2.865%

$1,224.72

30 Year FHA

3.250%

4.158%

$1,328.47

15 Year FHA

2.750%

4.151%

$2,071.49

 

*** Rates based on a $300,000 single family home purchase with a 740 Fico score and 75% LTV. Monthly payment includes principal and interest only and do not include amounts for taxes and insurance. Actual monthly payment obligations will be greater.

 

Mortgage Rates at Nationstar Mortgage

Nationstar Mortgage offers a variety of mortgage solutions that are designed to provide homebuyers more flexibility in their home mortgage needs. Like most mortgage providers, locking in the best rates requires a 20 percent down payment or better and good credit scores. However, loan options are available for those who don’t meet these requirements through FHA, VA and USDA loans.

 

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