What Is A Conquest Mortgage?
A Conquest mortgage loan is an exclusive home loan program designed to offer some of the lowest mortgage rates in the industry. This program is only available to Mortgage Brokers partnered the Nation’s Largest wholesale lender.
Conquest Mortgage rates are significantly lower than the industry average. Rates ranging from 2.5%-3.0%* including 30-year fixed. This means that a home buyer can get a much lower mortgage rate through a mortgage broker than may be available through ordinary lenders such as your bank or even a credit union. Lower rates do not just mean lower payments, it also means increased buying power allowing you to get more home for the same monthly payment.
*The principal, interest and mortgage insurance payment on a $330,000 30-year Fixed-Rate Loan at 2.5% and 90% loan-to-value (LTV) is $1380.90. The Annual Percentage Rate (APR) is 2.876% with estimated finance charges of $11,000. The principal and interest payment does not include taxes and home insurance premiums, which will result in a higher actual monthly payment. Rates current as of 09/09/2020. Subject to borrower approval. Some exclusions apply.