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Our Rates are
Hard to Beat!

DECEMBER 6, 2022

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Compare the pricing scenarios below to any other Mortgage Company in TEXAS and see for yourself!

The below rates are just a sample of our mortgage program offerings and does not represent our entire catalogue of mortgage programs and terms.  Other mortgage programs and terms are available that are not displayed below.  Please contact us for an individual quote to meet your individual mortgage needs.

Conventional 30 Year Fixed

95% Financing

(minimum credit score:  620)

6.375%

CREDIT SCORE 740

Sample Criteria

$435,900 Value || $414,105 Loan

P&I $2,583.48

APR 6.593%

Lender Points 0.001%

Mortgage Broker Fees $0.00

Loan Processing Fee $0.00

Lender APR Fees $1,250.00 (est.)

NOTE:  a full monthly payment will include principle, interest, property taxes, home insurance & mortgage insurance

6.875%

CREDIT SCORE 680

Sample Criteria

$435,900 Value || $414,105 Loan

P&I $2,720.38

APR 7.316%

Lender Points 0.123%

Mortgage Broker Fees $0.00

Loan Processing Fee $0.00

Lender APR Fees $1,250.00 (est.)

NOTE:  a full monthly payment will include principle, interest, property taxes, home insurance & mortgage insurance

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7.625%

CREDIT SCORE 640

Sample Criteria

$435,900 Value ||  $414,105 Loan

P&I $2,931.01

APR 8.426%

Lender Points 0.621%

Mortgage Broker Fees $0.00

Loan Processing Fee $0.00

Lender APR Fees $1,250.00 (est.)

NOTE:  a full monthly payment will include principle, interest, property taxes, home insurance & mortgage insurance

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FHA 30 Year Fixed

96.5% Financing

(minimum credit score: 580)

5.966%

CREDIT SCORE 720

Sample Criteria

$435,900 Value ||  $420,640 Loan (base)

P&I $2,556.74

APR 7.035%

Lender Points 0.000%

Mortgage Broker Fees $0.00

Loan Processing Fee $0.00

Lender APR Fees $1,250.00 (est.)

NOTE:  a full monthly payment will include principle, interest, property taxes, home insurance & mortgage insurance

5.966%

CREDIT SCORE 680

Sample Criteria

$435,900 Value ||  $420,640 Loan (base)

P&I $2,556.74

APR 7.035%

Lender Points 0.000%

Mortgage Broker Fees $0.00

Loan Processing Fee $0.00

Lender APR Fees $1,250.00 (est.)

NOTE:  a full monthly payment will include principle, interest, property taxes, home insurance & mortgage insurance

7.116%

CREDIT SCORE 620

Sample Criteria

$435,900 Value ||  $420,640 Loan (base)

P&I $2,880.93

APR 8.196%

Lender Points 0.000%

Mortgage Broker Fees $0.00

Loan Processing Fee $0.00

Lender APR Fees $1,250.00 (est.)

NOTE:  a full monthly payment will include principle, interest, property taxes, home insurance & mortgage insurance

VA 30 Year Fixed

100% Financing

(minimum credit score: 580)

6.125%

CREDIT SCORE 720

Sample Criteria

$435,900 Value ||  $435,900 Loan (base)

P&I $2,709.50

APR 6.359%

Lender Points 0.154%

Mortgage Broker Fees $0.00

Loan Processing Fee $0.00

Lender APR Fees $195.00 (est.)

NOTE:  a full monthly payment will include principle, interest, property taxes, home insurance.

6.125%

CREDIT SCORE 680

Sample Criteria

$435,900 Value || $435,900 Loan (base)

P&I $2,709.50

APR 6.359%

Lender Points 0.154%

Mortgage Broker Fees $0.00

Loan Processing Fee $0.00

Lender APR Fees $195.00 (est.)

NOTE:  a full monthly payment will include principle, interest, property taxes, home insurance.

7.125%

CREDIT SCORE 620

Sample Criteria

$435,900 Value || $435,900 Loan (base)

P&I $3,004.29

APR 7.422%

Lender Points 0.267%

Mortgage Broker Fees $0.00

Loan Processing Fee $0.00

Lender APR Fees $195.00 (est.)

NOTE:  a full monthly payment will include principle, interest, property taxes, home insurance.

First Source Mortgage of Texas

NMLS 2473133

First Source Mortgage of Texas is a VA approved Mortgage Broker.  First Source Mortgage of Texas, as with other mortgage companies, is not endorsed or sponsored by the Dept. of Veterans Affairs (VA), the Federal Housing Administration (FHA), the Department of Housing and Urban Development (HUD) or any government agency.

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First Source Mortgage of Texas is registered with the Nationwide Multistate Licensing System (NMLS) and approved to offer Mortgage Loans in the State of Texas with a NMLS registration number of 2473133 whose principal Broker is Darren Charles Hamel – NMLS 207352 and primary business address of 17506 Heartwind Ct.  Houston, Texas  77095 and main phone number of (713)562-0236.  Please visit our website at www.FSMTexas for our complete disclosures.  This communication is provided only by First Source Mortgage of Texas and is not intended to imply that any of our loan products will be offered by or in conjunction with HUD, FHA, VA, the U.S. government or any federal, state or local governmental body.  This information is intended for illustrative purposes only and does not represent an actual mortgage transaction or representation of any mortgage loan application terms or scenario and is not an advertisement to or solicitation of a consumer.  Specific Underwriting guidelines apply.  Rates, terms, conditions, and availability are subject to change without prior notice.  For additional information about First Source Mortgage of Texas, please visit the NMLS Consumer Access page at:  nmlsconsumeraccess.org.  First Source Mortgage of Texas is an Equal Housing Opportunity Mortgage Broker.  

HomeLoans@FSMTexas.com

Phone Talk/Text: (713)562-0236

Fax: (860)631-1937

©2020 by First Source Mortgage of Texas.

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