Thinking about buying a new home? No problem, we’re here to help.
Did you know that Almah Offshore Bank is an emerging offshore asset in the U.S mortgage industry? It’s true, and you’re in good company – many of our customers have said they would recommend us in the future.
Now, let’s get started. The prequalification process:
Is fast – it takes 5 minutes
Is free – always free
Won’t affect your credit in any way.
CLICK TO APPLY
Current mortgage and refinance interest rates (Purchase)
Product Interest Rate APR30-Year Fixed Rate 6.99% 7.05%
20-Year Fixed Rate 6.87% 6.93%
15-Year Fixed Rate 6.46% 6.55%
10-Year Fixed Rate 6.36% 6.44%
5-1 ARM 6.36% 7.71%
10-1 ARM 6.88% 7.95%
30-Year Fixed Rate FHA 6.94% 6.99%
30-Year Fixed Rate VA 7.15% 7.20%
30-Year Fixed Rate Jumbo 7.05% 7.11%
Current mortgage and refinance interest rates (Refinance)
Product Interest Rate APR30-Year Fixed Rate 7.02% 7.07%
20-Year Fixed Rate 6.92% 6.98%
15-Year Fixed Rate 6.48% 6.56%
10-Year Fixed Rate 6.39% 6.47%
5-1 ARM 6.27% 7.66%
10-1 ARM 6.89% 7.95%
30-Year Fixed Rate FHA 6.93% 6.98%
30-Year Fixed Rate VA 7.61% 7.65%
30-Year Fixed Rate Jumbo 7.04% 7.10%
Home-buying & mortgage process
You’re ready to take the plunge into home ownership. Now what?
There’s a lot to do before you can start picking out new furniture. Knowing what to expect, and what steps to take, can make the process easier. Read on to learn how to start the home-buying process.
Getting prequalified is a simple way to ease into the process.
If you’re curious how much you may qualify to borrow, getting prequalified can be a valuable step in the home-buying process. It’s quick and easy to do, and depending on the type of prequalification, may not affect your credit report. You’ll need to provide some basic financial information, such as debt, income and assets. With this knowledge you’ll be able to estimate your monthly payment, affordability and more.
Find the perfect loan for your unique needs.
Every homebuyer’s financial situation is different, so your mortgage should be tailored to fit. But with so many types of mortgages, how do you know which one is best for you?
Conventional mortgages are popular options for those with good credit. They generally have fewer restrictions than government-backed loans, but they’re not the only option. Federal Housing Administration (FHA) loans offer lower credit and down payment requirements for qualified home buyers. If you’re a Service member, Veteran or eligible surviving spouse, a Veterans Affairs (VA) loan could be good option for you.
A pre-approval allows you to move forward with confidence.
If you want to show sellers you’re serious about making an offer, getting pre-approved is the way to go. It can give you an edge over other buyers in a competitive market and let you move quickly through the process once you find your dream home.
Wondering how to get a mortgage pre-approval? Unlike prequalification, it requires some extra paperwork such as W-2s, pay stubs, bank statements and tax returns. It also involves pulling your credit score and history. With this information, your lender will be able to determine your loan amount, so you can shop for homes within your price range. A pre-approval only lasts 90 days, so it’s best to wait until you’re ready to start shopping.
CLICK TO APPLY
CLICK on the images below to learn more about the different options of Lending and Loans that we offer, (for a more detailed explanation)
“Every time you place a trade, there might be a charge. And if you hire a financial adviser to manage your investments, the adviser might charge you a fee as well,” says Denise Appleby, CEO of Appleby Retirement Consulting in Grayson, Georgia.