Buying a Home?

Thinking of purchasing a home? You’ve come to the right place for financing!

Looking for today's mortgage rates?

Rates are changing quickly, call us at (800) 929-3079 for the most current rates.

Today’s 30-yr Fixed Rate

This Rate and APR information is based on a rate & term refinance of a $350,000 loan on an owner-occupied property with a 60% LTV, a credit score of 720, and 1.116 discount point. Loans for other purposes, higher LTV ratio, lower credit score may be subject to a higher Rate and APR.


Rate as of 1/21/21 12:00 PM ET

Sprout Mortgage is one of the leading mortgage lenders in the country. Whether you’re a first-time homebuyer or you’ve purchased a home in the past, we’re ready to help you!

When it comes to purchasing a home, the mortgage lending professionals at Sprout are at your service every step of the way. Your Loan Advisor will guide you through the entire loan process, starting with determining how much you’re qualified to borrow and assisting you in choosing the loan that best meets your financial goals. Sprout’s automated loan technology gives our Loan Advisors the ability to instantly and accurately find the mortgage products and rates that work best for each homebuyer’s unique scenario. Once you find a home and your offer has been accepted, we’ll work hard to make the process as straightforward as possible.

Just starting to look for a home? Call us to get pre-qualified and know exactly how much home you can afford.

Purchase Loan Options

30-Year Fixed Rate Mortgage

The 30-year fixed is one of the most popular mortgage loan options. Since a 30-year loan is paid over a longer term than a 15-year loan, the monthly payments are more affordable.

Benefits of a 30-year fixed rate mortgage include:

Lower monthly payments than a 15-year fixed.
A great option for first-time homebuyers who are easing into homeownership and want lower monthly payments over time.
In a low interest rate environment many people choose to switch from a variable-rate loan to the security of a fixed-rate loan.
Your mortgage payments will be the same every month for the life of the loan (not including other payments such as property taxes, homeowner’s insurance costs, or association fees).

15-Year Fixed Rate

Choose the 15-year fixed rate mortgage option if you’d like to pay your loan off sooner (make 180 payments over the life of the loan, vs. 360 payments with a 30-year fixed rate mortgage).

Benefits of a 15-year mortgage include:

Lower interest rate than a 30-year fixed rate mortgage.
Pay less interest over the life of the loan.
Build home equity faster: With its lower interest rate and slightly higher payment amount than a 30-year loan, you can potentially build equity faster because you’re paying down the principal balance quicker.
Ideal for retirement planning: If you plan on retiring in less than 30 years, paying off your mortgage in 15 years could eliminate your monthly mortgage payment by the time you retire.


Also Available

Whether you’re a small business owner, yoga instructor, seasonal employee, freelancer/contract employee, or investor, Sprout can help you get a mortgage!

Asset Depletion Loans

Investor Debt Service Coverage

Ideal for individuals with substantial liquid capital (more assets than income), the Asset Depletion program permits borrowers to qualify based on their assets up to 50% DTI.
Designed for those whose income is derived from property rentals. Use the cash flow from your rental property to qualify.

Here’s How We Can Assist You in Buying a Home

Other loan features include:

Ready to Purchase a Home?

Call (800) 929-3079 to talk to one of our knowledgeable Loan Advisors to find out how much you can borrow and how easy it is to apply!

No items found.

Learn MoreLet's Get Started

This communication does not constitute a commitment to lend or the guarantee of a specified interest rate. All loan programs and availability of cash proceeds are subject to credit, underwriting and property approval. Programs, rates, terms and conditions are subject to change without notice. Other restrictions apply.