Mortgage Purchase and refinance rates 8/19/2025

📌 Purchase Loans

• FHA: 3.5% down, 640+ credit → 5.88% rate, 0.9 points, 6.74% APR

• VA: 0% down, 640+ credit → 5.88% rate, 1.57 points, 6.24% APR

• Conventional: 25% down, 780+ credit → 6.38% rate, 0.94 points, 6.49% APR

• FHA 5/1 ARM: 3.5% down → 5.25% rate, 1.47 points, 6.80% APR

• FHA 3/1 ARM: 3.5% down → 5.25% rate, 1.57 points, 7.17% APR

• VA 5/1 ARM: 0% down → 5.25% rate, 1.9 points, 6.46% APR

• Conventional 7/6 ARM: 25% down → 5.50% rate, 2.25 points, 6.53% APR
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📌 Refinance Loans

• FHA Streamline: 100% LTV, 660+ credit → 5.63% rate, 0.53 points, 6.41% APR

• VA IRRL: 100% LTV, 660+ credit → 5.63% rate, 0.462 points, 5.73% APR

• Conventional: 80% LTV, 780+ credit → 5.99% rate, 1.83 points, 6.20% APR

• FHA 5/1 ARM: 98% LTV → 5.25% rate, 0.209 points, 6.80% APR

• FHA 3/1 ARM: 98% LTV → 4.75% rate, 1.34 points, 6.93% APR

• Conventional 7/6 ARM: 80% LTV → 5.50% rate, 1.8 points, 6.47% APR

Matthew Wentz

NMLS 1852397