1Rate 6.965% with an APR of 7.119% as of 10/9/2024 10:13 AM EDT. 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 $1,591. 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.
Before you go
Steve Strobel
Sr Loan Advisor NMLS ID: 164405
White Lake , MI 48383
I look forward to delivering great service and professionalism to you as I help you with your home lending needs.
Hello. My name is Steve Strobel. Thank you for visiting my web page. I'm a mortgage loan originator with over 18 years of experience. I entered this industry to assist people in accomplishing the dream of homeownership. Becoming a homeowner is an exciting process; however, when qualifying for a mortgage, unforeseen events can make buyers feel uneasy. This is why you need a loan originator who is educated in the industry and possesses the problem-solving skills necessary to handle situations that might develop.
"From application to closing, I'm with you every step of the way," is not just a statement. It's a strong commitment that I bring to every mortgage application that I receive. With in-house processing and underwriting, Flagstar Bank has the tools to provide my customers with the premium service they deserve.
If you are currently shopping for a mortgage to purchase your new home, refinance, or if you're just looking to get pre-qualified, please contact me.
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 | 6.965% | 7.119% 1 |
| 15-Year Fixed | 5.958% | 6.201% 2 |
| FHA 30-Year Fixed | 5.501% | 6.376% 3 |
2Rate 5.958% with an APR of 6.201% as of 10/9/2024 10:13 AM EDT. 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 $2,020. 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 5.501% with an APR of 6.376% as of 10/9/2024 10:13 AM EDT. 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 $1,387. 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.
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Sr Loan Advisor NMLS ID: 164405
White Lake , MI 48383
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