Category: Rates

Here’s what’s included in your monthly payment. When you get a rate quote from Loan Simple, the monthly payment shown includes the principal and interest of the loan. You will also need to pay taxes and insurance, which vary based on location and other factors. Those can’t be determined until you decide on your new home. Once we know that, we’ll incorporate those into your monthly payment so that you’ll know exactly how much you’ll be spending each month.

We can get you a rate quote in about 3 minutes. If you love that quote because it’s got an awesome rate attached to it but you’re not ready yet to pull the trigger you can lock that rate and have it waiting for you when you find the home of your dreams. With accurate information, in almost all cases we’ll be able to do that for you. Even if you get a quote on a third-party site like Zillow or LendingTree.

To get the most accurate rate quote, we suggest applying right here on our site — it takes just 3 minutes to get pre-approved and won’t affect your credit score. Keep in mind that rates change constantly, so the sooner you apply the sooner you can lock in your rate.

You applied for a loan at the same time as your best friend, Linda. Over a second glass of chardonnay, Linda revealed she got a better rate on her loan than you did. Before a perfectly good glass of chardonnay gets ruined, allow us to explain. There’s a wide range of factors that go into determining the type of loan you get and the rate you get it at. Market conditions, credit history and your property characteristics all come into play when we set off to find the best possible rates and loan options for you. So yes, Linda may have gotten a better rate. All the more reason to drink her chardonnay.