The advertised loan is a 30-year fixed loan with a 30-year fully amortizing term with a one year lender paid buy down. A portion of each monthly payment for the first 12 months will be prepaid by the lender and held by the lender to supplement the buyer’s required monthly payment. The buyer required monthly payment is calculated using an interest rate 1% below the note rate for the first 12 months. Initial interest rate is 2.5% for the first 12 months. Based on an example First Trust Deed of $417,000, the initial monthly payment will be $1,647.65 for the first 12 months. After the initial 12 month-period, the interest rate will adjust to the note rate of 3.5% and a payment of $1,872.52. The example is based on an 60% loan-to-value (LTV). The Annual Percentage Rate (APR) is 3.539%. There is no prepayment penalty. The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property, and other factors as determined by Lender. Rates and terms are effective 10/30/2016 and are subject to change without notice. Payments shown do not include taxes or insurance, actual payment obligations will be greater. Conditions and restrictions apply. Not all applicants will qualify.

The advertised today’s rate @no point loan is calculated based on the following scenario: rate/term refinance, credit score 720, loan amount $417,000, 60% loan-to-value.

Communication Consent:
By submitting your contact information you agree to our Terms of Use and our Security and Privacy Policy. You also expressly consent to having 5 Star Lending, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from 5 Star Lending or its affiliates. By communicating with us by phone, you consent to calls being recorded and monitored.