AimLoan Mortgage Rates and Refinance Rates Today

AimLoan mortgage rates and refinance rates are very competitive and better than the national average rates. AimLoan is a direct lender which means they made loans directly which isĀ unlike a mortgage broker who arranges loans by finding and comparing rates for many loans. You usually pay a fee for a broker to find you a loan which makes AimLoan's rates and fees even more competitive.

AimLoan is advertising standard 30 year mortgage rates and 15 year mortgage rates. Aimloan also is adverting 20 year mortgage rates which are very similar to the advertised 30 year rates. If you can afford higher monthly mortgage payments a short term loan like a 20 year or 15 year loan will save you a ton of interest costs over the life of a loan.




Right now AimLoan is advertising conforming 30 year mortgage rates today and refinance rate at 3.25 percent with 1.322 points. AimLoan is also advertising 30 year mortgage rates at 3.375 percent with 0.647 points. If you don't want to pay points up front at closing AimLoan also has 30 year rates at 3.50 percent with no points.

Current mortgage rates on 20 year loans are avertised at 3.125 percent with 1.46 points. 20 year rates are also advertised at 3.25 percent with 0.53 points and at 3.375 percent with zero points.

Today's mortgage rates on 15 year loans are even better than 30 year or 20 year rates. I still can't believe how low rates are in general these days when compared to just a few years ago.

15 year mortgage rates currently are offered at 2.625 percent with 1.133 points, 2.75 percent with 0.411 points and at 2.87 percent with zero points.

AimLoan is also advertising 30 year FHA mortgage rates that have better rate/point combinations than regular 30 year loans. FHA mortgage rates today on 30 year loans are at 3.25 percent with 0.556 points and at 3.375 percent with zero points.

As with any advertised rates the rates above have assumptions of a 75 percent loan to value ratio along with a 30 day lock period. Of course your credit score and the amount of the loan will also decide the rate you receive. You can get your own personalized rate qoute at Aimloan.com.
 
 
Author: Brian McKay
July 1st, 2012
Posted in: Bank Mortgage Rates