Home Loans

Mortgage Rate APR
30-Year Fixed 3.250% 3.441%1
15-Year Fixed 2.500% 2.777%2
5/1 ARM 2.500% 3.419%3
FHA 30-Year Fixed 3.125% 4.311%4
Lock in a low rate.

Whether you're a first-time homebuyer, or you know the ropes, Flagstar offers a wide variety of mortgage options. 

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Mortgages

Let's face it. When it comes to mortgages, there are a lot of choices. So, how do you know what's right for you? First things first, sit down with a lending expert to discuss options. Here are six of our most popular home loans to get the conversation started.

30-Year Fixed
3.250%  /  3.441% APR1

The longest fixed term available makes this a popular choice. The interest rate set at closing remains constant.

15-Year Fixed
2.500%  /  2.777% APR2

Great if you are comfortable with a monthly payment that’s typically higher than a longer-term, fixed-rate mortgage.

5/1 Adjustable Rate
2.500%  /  3.419% APR3

The interest rate is fixed over the initial 5-year period, then it adjusts on an annual basis—increasing or decreasing.

FHA 30-Year Fixed
3.125%  /  4.311% APR4

Insured by the Federal Housing Administration, this mortgage offers more flexible qualifying criteria.

VA 30-Year Fixed
3.125%  /  3.553% APR5

Designed specifically for veterans and active-duty personnel, this loan often requires no down payment on new purchases.

Jumbo 30-Year Fixed
3.625%  /  3.782% APR6

A non-conforming mortgage for loan balances up to $2.5 million. Available for either a new purchase or refinance.

 

Mortgage Calculators


Mortgage Information

Learn more about the home buying process. Finding the right home and the right mortgage helps set a solid foundation for successful homeownership. We have the mortgage tools, information, and expertise to help you with the decisions you need to make along the way.


Also Available

Ready for a lower rate or lower monthly payment? Interested in converting to a fixed-rate loan? Refinance today.

Take advantage of the equity in your home to help make larger, significant purchases—like renovations, paying down education expenses, even a vacation.


1The 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 or 20% down payment, minimum borrower credit score of 740, and estimated finance charges of 2 points and $1,200. The APR is subject to change at any time and individual APRs may vary for loan purchases and loan refinances due to loan programs being offered, loan volume, or other factors. A mortgage expert will review and provide you the terms, conditions, disclosures, and additional details on the interest rates that apply to your individual situation.

 

2The 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 or 20% down payment, minimum borrower credit score of 740, and estimated finance charges of 2 points and $1,200. The APR is subject to change at any time and individual APRs may vary for loan purchases and loan refinances due to loan programs being offered, loan volume, or other factors. A mortgage expert will review and provide you the terms, conditions, disclosures, and additional details on the interest rates that apply to your individual situation.

 

3The APR calculation is based on a 5/1 adjustable-rate mortgage in the amount of $240,000 for the purchase of a single-family, primary residence with 80% loan-to-value or 20% down payment, minimum borrower credit score of 740, and estimated finance charges of 2 points and $1,200. The APR is subject to change at any time and individual APRs may vary for loan purchases and loan refinances due to loan programs being offered, loan volume, or other factors. A mortgage expert will provide you the terms, conditions, disclosures, and additional details on the interest rates that apply to your individual situation.

 

4The FHA 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 or 3.5% down payment, minimum borrower credit score of 740, and estimated finance charges of 2 points and $5,400. The APR is subject to change at any time and individual APRs may vary for loan purchases and loan refinances due to loan programs being offered, loan volume, or other factors. A mortgage expert will review and provide you the terms, conditions, disclosures, and additional details on the interest rates that apply to your individual situation.

 

5The VA 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 100% loan-to-value or 0% down payment, minimum borrower credit score of 740, and estimated finance charges of 2 points and $8,570. The APR is subject to change at any time and individual APRs may vary for loan purchases and loan refinances due to loan programs being offered, loan volume, or other factors. A mortgage expert will review and provide you the terms, conditions, disclosures, and additional details on the interest rates that apply to your individual situation.

 

6The Jumbo APR calculation is based on a 30-year fixed-rate mortgage in the amount of $500,000 for the purchase of a single-family, primary residence with 80% loan-to-value or 20% down payment, minimum borrower credit score of 740, and estimated finance charges of 2 points and $1,200. The APR is subject to change at any time and individual APRs may vary for loan purchases and loan refinances due to loan programs being offered, loan volume, or other factors. A mortgage expert will provide you the terms, conditions, disclosures, and additional details on the interest rates that apply to your individual situation.