What is the rate today?
When mortgage companies are asked this question they are usually quick to quote a low rate to try to peak your interest. The problem with this low quoted rate is that it assumes all of the most optimistic circumstances. Unfortunately very few borrowers will ever be able to get this rate. When rates are misquoted in this way, it is very likely that the borrower will become disappointed in the process.

Don't be fooled by advertised rates!
Often times advertised mortgage rates mirror advertised auto prices. When you see a dealer advertising a price on a car that looks too good to be true, you usually find that it is. They only have one car at that advertised price. Mortgage companies and internet quoted interest rates are much the same. That is why you are not finding quoted rates on this page. Sound Mortgage will be happy to quote you a rate AFTER we fully understand your financial situation, and you understand all of the loan programs available to you. There are a large number of variables that coincide with the interest rate available to you. These include, but are not limited to:

• Your credit score
• The value and location of your home
• Your loan term (15, 20, and 30 year)
• Fixed or adjustable rate mortgage (ARM)
• Loan program
• Loan size
• How much you want to pay up front in fees (points)
• The length of time between your loan application and closing date

Sound Mortgage understands the importance of interest rates; however it is imperative that a mortgage company gathers complete information in order to quote you the right rate. Interest rates are not one size fits all. Please contact one of our experienced mortgage bankers so that they can quote you the correct rate for your situation.