Home Finance of America Offering 20 and 30 Year Fixed Rate Mortgages Below 4.000%

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20 and 30 Year Fixed Mortgage rates offered by Home Finance of America are still below 4.000% for borrowers looking to refinance or buy a new home.

Home Finance of America

The current 30 year and 20 year mortgage rates offer borrowers a tremendous opportunity to refinance to a lower mortgage rate and reduce their monthly payment or their mortgage term.

Home Finance of America, one of the nation’s leading home mortgage lenders, is offering 20 and 30 year conforming fixed mortgages at rates below 4.000%. Currently, borrowers are able to immediately lock a 30 year fixed rate mortgage at 3.875% (APR 3.948%) with zero origination points or a 20 year fixed rate mortgage at 3.750% (APR 3.841%) with zero origination points. These low mortgage rates are available to borrowers with good credit ratings looking to refinance or purchase a home with a loan amount under $417,000. Most of these mortgages are being closed in under 30 days.

The current 30 year and 20 year mortgage rates offer borrowers a tremendous opportunity to refinance to a lower mortgage rate and reduce their monthly payment or their mortgage term. For example, a borrower in a $250,000 30 fixed rate mortgage at 5.000% can refinance with Home Finance of America to a 30 year fixed rate mortgage at 3.875% (APR 3.948%). By doing this they could save at least $166.00 on their monthly mortgage payment.

A 20 year fixed rate mortgage at 3.750% (APR 3.841%) will offer an even greater savings to borrowers in interest payments made over the life of the loan. In many cases, the monthly payment for a new 20 year mortgage can be almost the same as what borrowers only a few years into a 30 year fixed rate mortgage currently pay at a higher interest rate. A 20 year fixed rate mortgage offers a great opportunity to many borrowers looking to refinance that they don’t typically consider.

More information about Home Finance of America’s loan programs, interest rates near historical lows and their Best Rate and Fee Guarantee can be found on the company’s website http://www.HFAmerica.com.

About Home Finance of America:

Home Finance of America is a direct lender and will lock-in low rates for borrowers at the time of the application. Home Finance of America has an A+ rating with the Better Business Bureau. As such, you can be assured their customer service is the best in the mortgage business.

Home Finance of America is headquartered just outside of Philadelphia, PA. The company has specialized in originating low rate residential loans to qualified borrowers since 1993. They are a national leader in online mortgage lending. Loan originators are available seven days a week by calling 1-800-358-5626. Borrowers can apply by phone or online at http://www.HFAmerica.com.

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Fran Kelly
Home Finance of America
1(800)358-5626 102
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