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
Credit scores starting as Low as 620
Up to 90% LTV (with 720 Credit Score)
50% Debt-To-Income(for LTV to 85%) & 43% DTI (for LTV to 90%)
Max loan amount $10,000,000
Min loan amount $100,000 (owner-occupied and second homes)
3 to 12 months PITIA (principal, interest, taxes, insurance and association dues) & reserves (based on loan amount)
Whether you’re a small business owner, yoga instructor, seasonal employee, freelancer/contract employee, or investor, Sprout can help you get a mortgage!
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.