Payment Reduction Program

Federal Reserve 30-Year Historical Mortgage Rates

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Source: 30 Year Fixed Rate Data From: Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102

Program Highlights

  • Lender paid 2-year payment reduction
  • Down Payment as low as 5%
  • Loan amounts up to $647,200
  • Purchase transactions only
  • Owner Occupied Only w/ Minimum 680 Credit Score




P&I Payment

Total Annual Payment Savings












Example of principal and interest payment based on a loan amount of $500,000 LTV 75% credit score of 740 with a note rate of 5.875% APR 5.973% 1
Total Savings over 2 year period $11,017.80

Contact Bryan Feldman today for more info.

Call Bryan Feldman today to learn more


Offer for Conventional Programs only and all other offers will have different terms. Mission Loans NMLS# 210853 and is not affiliated with or approved by Current Lender, or any other government agency. Verification of income, employment and home value may apply. By refinancing your existing loan, total finance charges may be higher over the life of the loan. There is no guarantee that all borrowers will qualify. Restrictions may apply. This is not a commitment to lend. Terms, conditions, and programs are subject to change without notice
1. Rates and Payment – Rates are valid as of 02-28-2022. Interest rates are subject to market fluctuations and the rate quoted may change and not be currently available. Actual rates available may vary based upon a number of factors including your credit rating, size of down payment and other factors. Actual rates and monthly payment available to you may vary based upon a number of factors including your credit rating, size of down payment and other factors. Restrictions may apply. Payments displayed do not include any type of Mortgage Insurance, Taxes or Hazard Insurance payments, if required. Interest Rate is assumed at 4.5% / 4.749% Annual Percentage Rate for a 30-Year Fixed refinance loan and up to 4.5% points for the monthly payment calculation. Rate assumes that property being refinanced is an owner-occupied single-family home, assumes an average of $250,000 loan size and a FICO score of at least 760 and debt to income of 43% or lower, non-cash out, and an LTV of less than 80%. Monthly payment estimate is excluding Taxes, Insurance and Closing costs and the actual payment obligation will be greater. Our offer was based on public information which includes among other aspects your estimated home value and loan amount. Certain restrictions may apply. A final loan approval or commitment is only issued after we have verified and underwritten the information from your loan application, credit report, appraisal of the property and such other information as may be required under our standard underwriting guidelines.