Purchase Disclosures

Loan Assumptions for Purchase Transactions

Rates are updated daily.  However, rates can change several times a day based on volatility in the financial markets.  Please make sure you have the most updates rate quote by calling us at 888-973-5346.  We are unable to lock a rate till we have received a complete loan application, a fully ratified purchase contract and, signed lending disclosures .  Our rate lock desk closes at 5 pm PST.  If your completed loan application is not received by 5 pm PST, mortgage rates will be subject to following business day pricing.  Rate locks are for 30-days.

On Loan Amounts up to $548,250
15 & 30 Year Fixed – First Mortgage Loan

These rates are only available for properties located in California. Disclosed rate assumes a rate and term purchase of an owner-occupied single-family residence in California with loan amounts ranging from $400,000 to $548,250. Minimum 760 FICO score, 60% loan to value with no subordinate financing. If these factors are not met, you may still qualify for a loan but higher interest rates and closing costs may apply.  Sample rates DO NOT include payments for taxes, insurance or assessments. Sample APR does not include any origination or discount points.  Sample APR includes only underwriting fee of $1095.  Your actual payment obligation may be higher. Not all applicants will be approved. Advertised rate and APR are subject to change without notice. Subject to underwriting approval.

On Loan Amounts between $548,250 and $822,375
15 & 30 Year Fixed – First Mortgage Loan

These rates are only available for properties located in California. Disclosed rate assumes a rate and term refinance of an owner-occupied single-family residence in California of a loan amount from $600,000 to the maximum conforming loan limit amount in the property’s county. Minimum 760 FICO score, 60% loan to value with no subordinate financing. If these factors are not met, you may still qualify for a loan but higher interest rates and closing costs may apply.  Sample rates DO NOT include payments for taxes, insurance or assessments. Sample APR does not include any origination or discount points.  Sample APR includes only underwriting fee of $1095.  Your actual payment obligation may be higher. Not all applicants will be approved. Advertised rate and APR are subject to change without notice. Subject to underwriting approval.

 On Loan Amounts between $822,375 and up to $2,000,000
15 & 30 Year Fixed – First Mortgage Loan

These rates are only available for properties located in California. Disclosed rate assumes a rate and term refinance of an owner-occupied single-family residence in California of a loan amount of $1,000,000.  Minimum 760 FICO score, 60% loan to value with no subordinate financing. If these factors are not met, you may still qualify for a loan but higher interest rates and closing costs may apply.  Sample rates DO NOT include payments for taxes, insurance or assessments. Sample APR does not include any origination or discount points.  Sample APR includes only underwriting fee of $1095.  Your actual payment obligation may be higher. Not all applicants will be approved. Advertised rate and APR are subject to change without notice. Subject to underwriting approval.

Reliance Financial is not brokering any loans that are less than $100,000.