FHA mortgage insurance runs 0.55% annually; conventional PMI ranges 0.46% to 1.50%. See how these premiums stack onto your monthly payment and when you can remove them.
Attached ADUs typically carry rates 0.25–0.75% higher than detached units—here's why lenders price the risk differently and which loan products apply to each.
A 2-1 buydown drops your rate 2 points in year one — and permanent discount points can save tens of thousands over 30 years. Here's how each strategy works.
Green mortgage discounts are real but modest — U.S. and U.K. lenders typically cut rates by 0.10%–0.25%, while Fannie Mae's program can reach 0.75% on qualifying renovations.
Fannie Mae lets lenders count 75% of short-term rental income toward DTI — enough to drop some Airbnb hosts into a rate tier 0.25%–0.50% lower than a standard application.
Investment borrowers financing 2–4 units pay 0.5–1% more than primary buyers, but stacked adjustments push real rates over 2% higher—costing $250,000+ in extra interest.
Co-op loans run 0.25–0.50 points higher than condos because lenders hold shares, not deeds, and sit behind building mortgages. See credit and down payment requirements.
On a $275K rural home, USDA loans save $11,880 upfront versus FHA—but eligibility and credit scores shift the advantage. See the actual numbers.
A 20-year mortgage typically costs 0.25–0.50% less than 30-year rates. On a $400k loan, that gap alone saves $40,000 in interest—yet most buyers never see the offer.
Portfolio loans hit 31.5% of new originations in Q3 2024. Compare rate structures to see if a portfolio loan mortgage rate beats conventional financing for your situation.