RateAPY

Century Point Mortgage Offers 4.943% APR on 30-Year Fixed-Rate Mortgage

Posted by: RateAPY Bank Rates News
November 23rd, 2009

Whether purchasing a home or refinancing a home, consumers today are comparing mortgage loan programs to find the lowest interest rate.

When searching for the right mortgage product for you, be sure to compare more than just the interest rate. Check the term of the loan and decide if you want a fixed-rate or an adjustable-rate loan, then find out how many points you may need to pay at closing to qualify for the loan. Next, consider the fees you need to pay.

Century Point Mortgage is offering a 30-year fixed-rate mortgage with 4.943% APR for qualified buyers with a credit score of 720 and a 20% down payment. This Certified Upfront Lender, a division of First Century Bank, N.A., provides customers with an all-inclusive Clear Fee for each loan.

Century Point Mortgage Rates

The following are representative mortgage loan offers from Century Point:

• 30-year fixed-rate mortgage: 4.875%, 0 points (4.943% APR)
• 15-year fixed-rate mortgage: 4.375%, 0.4995 points (4.430% APR)
• 3/1 adjustable-rate mortgage: 3.500%, 0.887 points (3.591% APR)
• 5/1 adjustable-rate mortgage: 3.500%, 0.917 points (3.593% APR)