MILLER HOME MORTGAGE, LLC
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10/4/2016

CONVENTIONAL

30 YR FIXED 3.5% 0 + 0 APR 3.849%

15 YR FIXED 3.000% 0 + 0 APR 3.194%

FHA

30 YR FIXED 3.25% 0 + 0 APR 4.76%

 

 

MILLER HOME MORTGAGE, LLC. IS A FULLY LICENSED MORTGAGE BROKER IN THE STATES OF LOUISIANA AND TEXAS
WE OFFER LOANS FROM $10,000.00 TO OVER $5,000,000.00. WE HAVE RESIDENTIAL, FHA/VA, AND COMMERCIAL FINANCING AVAILABLE. WE HANDLE PURCHASES, REFINANCES, CONSTRUCTION, AND RENOVATION LOANS. WE HAVE A SEVERAL LOANS AVAILABLE FOR INVESTMENT PROPERTIES INCLUDING LOANS FOR INVESTORS WHO OWN UP TO 10 PROPERTIES.  FINALLY, WE HAVE COMMERCIAL LOANS AVAILABLE FROM $50,000.00 TO $5,000,000.00 +.
 
30 YEAR FIXED RATE
20 YEAR FIXED RATE
15 YEAR FIXED RATE

Rates last updated on Wednesday, January 23, 2013

30 YEAR FIXED RATE
THIS IS A 30 YEAR FIXED RATE MORTGAGE. IT IS THE NORMAL LOAN FOR MOST PURCHASERS WITH GOOD CREDIT. IT GIVES THE LOWEST MONTHLY PAYMENTS AND NO PREPAYMENT PENALTY.

Term: 30 years   Maximum Amount: $417,000
RatesAPRPoints
3.25%3.398%1%
3.375%3.483%0.5%
3.5%3.568%0%
 
THESE RATES HAVE ORIGINATION FEES ONLY AND NO DISCOUNT POINTS. IN OTHER WORDS, WHATS QUOTED IS WHAT YOU PAY.

20 YEAR FIXED RATE
THIS IS A 20 YEAR FIXED RATE MORTGAGE. IT WILL INCREASE YOUR MONTHLY PAYMENT OVER THE 30 YEAR BUT WILL SAVE YOU TEN'S OF THOUSANDS IN INTEREST AND HAS NO PREPAYMENT PENALTY.

Term: 20 years   Maximum Amount: $417,000
RatesAPRPoints
3.25%3.458%1%
3.375%3.527%0.5%
3.5%3.595%0%
 
THESE RATES HAVE NO DISCOUNT POINTS. IN OTHER WORDS, WHAT YOU SEE IS WHAT YOU PAY.

15 YEAR FIXED RATE
THIS IS A 15 YEAR FIXED RATE MORTGAGE. IN MOST CASE THE HOUSE NOTE IS SIGNIFICANTLY HIGHER THEN THE 30 YEAR. THE SAVINGS ON THIS LOAN CAN BE INCREDIBLE.  THERE IS NO PREPAYMENT PENALTY ON THIS LOAN.

Term: 15 years   Maximum Amount: $417,000
RatesAPRPoints
2.5%2.764%1%
2.625%2.817%0.5%
2.75%2.87%0%
 
THESE RATES ONLY HAVE ORIGINATION FEES AND NO DISCOUNT POINTS. WHAT YOU SEE IS WHAT YOU PAY IN POINTS.


THE BEST WAY TO CORRESPOND WITH MILLER HOME MORTGAGE, LLC. IS TO CALL US DIRECTLY AT 504-455-7002. ASK FOR ROSS, AS I'M USUALLY IN THE OFFICE DURING WORKING HOURS OR I WILL CALL YOU BACK SHORTLY. PLEASE DO NOT HESITATE TO ASK FOR THE TOLL FREE NUMBER WHEN CALLING FROM OUTSIDE OF THE NEW ORLEANS AREA.

Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $3,500. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $500,000 with closing costs of $3,750. Your actual APR may be different depending upon these factors.