1Rate 7.160% with an APR of 7.316% as of 1/21/2025 10:17 AM EST. The APR calculation is based on a 30-year fixed-rate mortgage in the amount of $240,000 for the purchase of a single-family, primary residence with 80% loan-to-value (LTV) or 20% down payment, minimum borrower credit score of 740, and estimated points of 1% of the loan amount, and origination fee of $1,295 with 360 monthly payments in the amount of $1,623. Payment amount does not include taxes and insurance which means your monthly obligation will be greater. Actual payment amount will vary based upon credit history, rates in effect at the time of consummation, LTV and other credit factors. A LTV ratio above 80% may result in a need for mortgage insurance. If mortgage insurance is required, the amount of your payment will increase. The APR is subject to change at any time prior to consummation, and individual APRs may vary for loan purchases and loan refinances due to loan programs being offered, loan volume, or other factors. All borrowers are subject to qualification, underwriting approval, lender terms and conditions. Terms, conditions, and rates are subject to change without notice.
FDIC-Insured—Backed by the full faith and credit of the U.S. Government
Before you go
Ralph McCarthy
Sr Loan Advisor NMLS ID: 770969
Kenosha, WI 53140
Whether purchasing or refinancing a home, I’ll work hard to provide exceptional service to you.
I have been assisting clients for 26 years and have been with Flagstar Bank for 13 of them. I take pride in delivering excellent customer service and making myself available at almost all hours, including nights and weekends. I will take the time to answer all of your questions, help you understand the mortgage process, and, most importantly, get you to close on your house on time. I have many loans to offer, including conventional, FHA, VA, USDA and renovation/construction.
I live in Kenosha, and I have been married to my wife Lisa for 25 years. I have two daughters: Jackie, who is grown, and Veronica, who is active on her high school softball team and in band. In my spare time, I love to play softball. I am also on the Board of Directors for both Habitat for Humanity of Kenosha and the ELCA Outreach Center, two great organizations that allow me to give back and serve the greater Kenosha area.
Mortgage Specialization
- Adjustable-Rate Mortgages
- Condominium Financing
- FHA Government Loans
- First-Time Home Buyer Programs
- Fixed-Rate Mortgages
- Investment Property Loans
- Jumbo Loans
- Low-to-Moderate Income Lending Program
- Pre-Qualifications
- Renovation Loans
- Second Homes
- USDA Rural Housing
- VA Government Loans
Client Testimonials
Find the loan product that's right for you.
Are you looking to purchase a new property or refinance an existing one?
Today's Rate
| Mortgage | Rate | APR |
|---|---|---|
| 30-Year Fixed | 7.160% | 7.316% 1 |
| 15-Year Fixed | 6.324% | 6.570% 2 |
| FHA 30-Year Fixed | 5.915% | 6.797% 3 |
2Rate 6.324% with an APR of 6.570% as of 1/21/2025 10:17 AM EST. The APR calculation is based on a 15-year fixed-rate mortgage in the amount of $240,000 for the purchase of a single-family, primary residence with 80% loan-to-value (LTV) or 20% down payment, minimum borrower credit score of 740, and estimated points of 1% of the loan amount and origination fee of $1,295 with 180 monthly payments in the amount of $2,068. Payment amount does not include taxes and insurance which means your monthly obligation will be greater. Actual payment amount will vary based upon credit history, rates in effect at the time of consummation, LTV and other credit factors. A LTV ratio above 80% may result in a need for mortgage insurance. If mortgage insurance is required, the amount of your payment will increase. The APR is subject to change at any time prior to consummation, and individual APRs may vary for loan purchases and loan refinances due to loan programs being offered, loan volume, or other factors. All borrowers are subject to qualification, underwriting approval, lender terms and conditions. Terms, conditions, and rates are subject to change without notice.
3Rate 5.915% with an APR of 6.797% as of 1/21/2025 10:17 AM EST. The APR calculation is based on a 30-year fixed-rate mortgage in the amount of $240,000 for the purchase of a single-family, primary residence with 96.5% loan-to-value (LTV) or 3.5% down payment, minimum borrower credit score of 740, estimated points of 1% of the loan amount, and origination fee of $1,295 plus 1.75% FHA funding fee with 360 payments in the amount of $1,451. Payment amount does not include taxes and insurance, which means your monthly obligation will be greater. Actual payment amount will vary based upon credit history, rates in effect at the time of consummation, LTV, mortgage insurance premiums, and other credit factors. Program terms available may vary based on the state and county in which the financed property is located. The APR is subject to change at any time prior to consummation, and individual APRs may vary for loan purchases and loan refinances due to loan programs being offered, loan volume, or other factors. All borrowers are subject to qualification, underwriting approval, and lender terms and conditions. Terms, conditions, and rates are subject to change without notice.
Request a contact
Fill out the information below and I'll reach out to you shortly.
Sr Loan Advisor NMLS ID: 770969
Kenosha, WI 53140
Let's do the math (the easy way).
Use our home loan calculators to break down the costs of buying a new home. How does a higher or lower down payment affect your monthly payment? Should you get a fixed or adjustable rate mortgage? Play around with different scenarios so you can make informed decisions about your home loan.
So, how does getting a mortgage work?
Buying a home is a big deal, and there are many ways to finance it. Understanding the basics of a home loan will get things off to a great start. Learn about the steps in the process, the paperwork you'll need, and what makes up your monthly payment.
