Q&A

Q&A: How Much Can I Afford

January 31st, 2023 Home Buying, Q&A Comments

Chris explains how he pre-approves clients and how you can calculate how much home you can afford.

GET PRE-APPROVED HERE

Chris Ulrich NMLS# 215735

Q&A: How Your Interest Rate is Determined

December 13th, 2022 Home Buying, Interest Rates, Loans, Q&A Comments

Chris explains Loan-Level Price Adjustments and how several factors can determine your interest rate.

Rate and APR Assumptions as of 11/10/2022 The interest rates and loan pricing shown are for demonstration purposes only. Actual interest rates may be higher than 6.000% / 6.322% APR. Assumes a loan amount of $100,000, 740 credit score, 80% loan-to-value, 60-day lock period, and zero points for an owner-occupied, single-family detached home which will be used as a primary residence. For the demonstrated owner-occupied condo and 680 credit score with a 1.75 discount point, rate and APR would be 6.000% / 6.827%. APR stands for annual percentage rate. Additional requirements must be met. Subject to underwriting approval. Not all applicants will qualify. This is not a commitment to lend.

Chris Ulrich – VP Mortgage Lending

NMLS 215735

United Home Loans