North Carolina Mortgage Rates

September 25, 2016 01:26 AM Eastern

Refinance rates now in CHARLOTTE, NC [Change this]

  • ?
    Home Price (Purchase)
    When you get a mortgage to purchase a home, the lender uses the lower of the agreed-upon purchase price or the property's appraised value to determine your maximum loan amount. The loan amount divided by the property home price equals your loan-to-value ratio, or LTV. That ratio is one of the major factors that lenders use to set your mortgage rate. If your LTV exceeds 80 percent, you'll probably be required to pay mortgage insurance, which increases your monthly payment. If the property appraises for less than the agreed-on purchase price, you are not usually required to complete the purchase.
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    Home Value (Refinance)
    This is your estimate of the current value of your property. When you refinance, your home is almost always evaluated by a licensed appraiser. The refinance loan amount divided by the property's appraised value equals your loan-to-value ratio (LTV), and that number is one of the major factors that determine your mortgage rate. To get an accurate refinance rate quote, your home value estimate must be reasonably accurate.
  • ?
    Down Payment
    The down payment is the amount you pay upfront when you finance property. Your purchase price minus your down payment equals your mortgage amount. The higher your down payment, the more likely you are to be approved for a home loan. If your down payment is less than 20 percent of the purchase price, you'll probably be required to pay for mortgage insurance, which increases your monthly payment.
  • ?
    Credit Score
    Your credit score is a number designed to measure your credit-worthiness. It's based on a formula that combines many factors, including your payment history, amount of credit used and number of accounts. This number is used by lenders to calculate the probability that you'll default on your mortgage. Most lenders won't approve mortgages to applicants with credit scores lower than 620. Your credit score is one of the most important factors that determines your mortgage rate - applicants with higher scores are offered better mortgage rates.
  • Refresh Rates

30 Year Fixed

Interest Rate
3.125%
APR
3.285%
Monthly Payment
$857
Home Point Financial
30 Year Fixed
Interest Rate
3.125%
APR
3.285%
Monthly Payment
$857
(844) 462-8312 Contact
Home Point Financial
Email Lender

Offer Details

Home Value $250,000
Requested Loan Amount $200,000
Lock Period 30 Days
Down Payment $50,000
Principal and Interest Payments $857
Estimated Mortgage Insurance Payments $0
Total Monthly Mortgage Payment $857
Lender Fees $4,000
Lender Credit $578
Total Closing Fees* $3,422
*Other 3rd party fees may apply
Home Point Financial
Email Lender

About the Lender

Our cultural philosophy can be summed up in two words – We CareWe care about our customers. At Home Point, Customer First is our “true north.” Consideration for the customer is built into every action we take.We care about each other. The ultimate success of Home Point is dependent on our ability to support each other and deliver results together – as a team.We care about our industry. We are a provider of the single biggest transaction for consumers in their lives and an input to the second largest debt market in the world. We conduct ourselves accordingly. We care about our communities. We believe that our responsibilities extend beyond the workplace. Stronger communities result in a stronger Home Point Financial. We care about results. Our results are measured by the consistency with which we deliver on our mission. Without sustainable success, there is no culture to cultivate.
Home Point Financial
Email Lender Write a Review

Lender Reviews

Highly Recommend!

Yes, I recommend this lender

I spoke with John Irmen at High Point Financial and he was extremely helpful in reviewing all options for my refinance. He was sure to understand the goals of my refinance and make them a reality. I would recommend contacting John Irmen with all of your financial needs!

By: Brett (Denver, NC)

Very happy with the service.

Yes, I recommend this lender

Very fast and helpful. Always had answers to all my questions. Went beyond what I expected. Very happy with their service. Very, very pleased with Andi Coffin and her patience with me.

By: Terry (Powell, TN)

Great company!

Yes, I recommend this lender

I just closed a refinance loan with Home Point Financial. Everything was as expected and was very easy. I would definitely recommend them to my friends and family.

By: che (Fairfax, VA)
See All Reviews
Sebonic Financial
30 Year Fixed (FHA)
Interest Rate
2.875%
APR
3.746%
Monthly Payment
$978
(844) 284-9237 Contact
Sebonic Financial
Email Lender

Offer Details

Home Value $250,000
Requested Loan Amount $203,500
Lock Period 30 Days
Down Payment $50,000
Principal and Interest Payments $845
Estimated Mortgage Insurance Payments $133
Total Monthly Mortgage Payment $978
Lender Fees $6,727
Lender Credit $0
Total Closing Fees* $6,727
*Other 3rd party fees may apply
Sebonic Financial
Email Lender

About the Lender

Sebonic Financial is a division of Cardinal Financial Company, a full service mortgage banking firm in operation since 1987.  The company is an approved seller/servicer for Fannie Mae, Freddie Mac and Ginnie Mae. Cardinal is also an approved lending institution for the Department of Housing and Urban Development/Federal Housing Administration and the Department of Veteran Affairs/Veterans Administration with FHAs Direct Endorsement and VA Automatic Lender Authority.  Cardinal is an authorized lender for the USDA/Rural Housing Program, the Pennsylvania Housing Finance Agency and the New Jersey Mortgage Housing Finance Agency.

 

Cardinal is licensed by the Departments of Banking in many states, mainly in the eastern and southeastern United States.  Its retail and wholesale divisions originate first mortgage loans for qualified borrowers.

Sebonic Financial
Email Lender Write a Review

Lender Reviews

Knowledgeable Loan Originator

Yes, I recommend this lender

Yll was very helpful and efficient in locking in a rate for us when shopping for a home. He showed attention to detail and obviously had extensive knowledge in dealing with unusual mortgage situations. We had an unusual buyer credit situation and he seemed very competent in handling it. Ultimately, we opted to select another lender due to the fact that this lender has handled two prior transactions for us, but Yll offered a more competitive rate. I have no doubt that he takes care in walking buyers through the financial and closing process.

By: Dustin (Denver, CO)

Great Rate, very flexible

Yes, I recommend this lender

I found Sebonic from an online mortgage comparison site. They were the lowest rate, so I gave them a call. Great rates, and very helpful people. I was able to change the terms of my loan just 1 week before closing... and I still closed on time. They require escrow for loans under 80% LTV. If you can hit that, it's a .125 point fee to discharge. Very reasonable. I wholeheartedly recommend Sebonic for anyone looking for a great rate.

By: Zachary (Houston, TX)

Great Experience

Yes, I recommend this lender

I had the best refinance experience ever with Sebonic Financial. John Ruskin is very patient and reliable. It would be even better if the customer is informed by the first handler of the loan before moving to next handler ( something like introducing the next handler by the first handler; not by introducing the next handler by herself/ himself). I would use Sebonic again when I need to get a loan or refinance in future.

By: Michael (Rancho Cucamonga, CA)
See All Reviews

15 Year Fixed

Interest Rate
2.375%
APR
2.632%
Monthly Payment
$1,322
Sebonic Financial
15 Year Fixed
Interest Rate
2.375%
APR
2.632%
Monthly Payment
$1,322
(844) 284-9237 Contact
Sebonic Financial
Email Lender

Offer Details

Home Value $250,000
Requested Loan Amount $200,000
Lock Period 30 Days
Down Payment $50,000
Principal and Interest Payments $1,322
Estimated Mortgage Insurance Payments $0
Total Monthly Mortgage Payment $1,322
Lender Fees $3,597
Lender Credit $0
Total Closing Fees* $3,597
*Other 3rd party fees may apply
Sebonic Financial
Email Lender

About the Lender

Sebonic Financial is a division of Cardinal Financial Company, a full service mortgage banking firm in operation since 1987.  The company is an approved seller/servicer for Fannie Mae, Freddie Mac and Ginnie Mae. Cardinal is also an approved lending institution for the Department of Housing and Urban Development/Federal Housing Administration and the Department of Veteran Affairs/Veterans Administration with FHAs Direct Endorsement and VA Automatic Lender Authority.  Cardinal is an authorized lender for the USDA/Rural Housing Program, the Pennsylvania Housing Finance Agency and the New Jersey Mortgage Housing Finance Agency.

 

Cardinal is licensed by the Departments of Banking in many states, mainly in the eastern and southeastern United States.  Its retail and wholesale divisions originate first mortgage loans for qualified borrowers.

Sebonic Financial
Email Lender Write a Review

Lender Reviews

Knowledgeable Loan Originator

Yes, I recommend this lender

Yll was very helpful and efficient in locking in a rate for us when shopping for a home. He showed attention to detail and obviously had extensive knowledge in dealing with unusual mortgage situations. We had an unusual buyer credit situation and he seemed very competent in handling it. Ultimately, we opted to select another lender due to the fact that this lender has handled two prior transactions for us, but Yll offered a more competitive rate. I have no doubt that he takes care in walking buyers through the financial and closing process.

By: Dustin (Denver, CO)

Great Rate, very flexible

Yes, I recommend this lender

I found Sebonic from an online mortgage comparison site. They were the lowest rate, so I gave them a call. Great rates, and very helpful people. I was able to change the terms of my loan just 1 week before closing... and I still closed on time. They require escrow for loans under 80% LTV. If you can hit that, it's a .125 point fee to discharge. Very reasonable. I wholeheartedly recommend Sebonic for anyone looking for a great rate.

By: Zachary (Houston, TX)

Great Experience

Yes, I recommend this lender

I had the best refinance experience ever with Sebonic Financial. John Ruskin is very patient and reliable. It would be even better if the customer is informed by the first handler of the loan before moving to next handler ( something like introducing the next handler by the first handler; not by introducing the next handler by herself/ himself). I would use Sebonic again when I need to get a loan or refinance in future.

By: Michael (Rancho Cucamonga, CA)
See All Reviews
Home Point Financial
15 Year Fixed
Interest Rate
2.500%
APR
2.643%
Monthly Payment
$1,334
(844) 462-8312 Contact
Home Point Financial
Email Lender

Offer Details

Home Value $250,000
Requested Loan Amount $200,000
Lock Period 30 Days
Down Payment $50,000
Principal and Interest Payments $1,334
Estimated Mortgage Insurance Payments $0
Total Monthly Mortgage Payment $1,334
Lender Fees $2,000
Lender Credit $228
Total Closing Fees* $1,772
*Other 3rd party fees may apply
Home Point Financial
Email Lender

About the Lender

Our cultural philosophy can be summed up in two words – We CareWe care about our customers. At Home Point, Customer First is our “true north.” Consideration for the customer is built into every action we take.We care about each other. The ultimate success of Home Point is dependent on our ability to support each other and deliver results together – as a team.We care about our industry. We are a provider of the single biggest transaction for consumers in their lives and an input to the second largest debt market in the world. We conduct ourselves accordingly. We care about our communities. We believe that our responsibilities extend beyond the workplace. Stronger communities result in a stronger Home Point Financial. We care about results. Our results are measured by the consistency with which we deliver on our mission. Without sustainable success, there is no culture to cultivate.
Home Point Financial
Email Lender Write a Review

Lender Reviews

Highly Recommend!

Yes, I recommend this lender

I spoke with John Irmen at High Point Financial and he was extremely helpful in reviewing all options for my refinance. He was sure to understand the goals of my refinance and make them a reality. I would recommend contacting John Irmen with all of your financial needs!

By: Brett (Denver, NC)

Very happy with the service.

Yes, I recommend this lender

Very fast and helpful. Always had answers to all my questions. Went beyond what I expected. Very happy with their service. Very, very pleased with Andi Coffin and her patience with me.

By: Terry (Powell, TN)

Great company!

Yes, I recommend this lender

I just closed a refinance loan with Home Point Financial. Everything was as expected and was very easy. I would definitely recommend them to my friends and family.

By: che (Fairfax, VA)
See All Reviews

5/1 ARM

Interest Rate
2.500%
APR
3.477%
Monthly Payment
$791
Sebonic Financial
5/1 ARM
Interest Rate
2.500%
APR
3.477%
Monthly Payment
$791
(844) 284-9237 Contact
Sebonic Financial
Email Lender

Offer Details

Home Value $250,000
Requested Loan Amount $200,000
Lock Period 30 Days
Down Payment $50,000
Principal and Interest Payments $791
Estimated Mortgage Insurance Payments $0
Total Monthly Mortgage Payment $791
Lender Fees $3,431
Lender Credit $0
Total Closing Fees* $3,431
*Other 3rd party fees may apply
Sebonic Financial
Email Lender

About the Lender

Sebonic Financial is a division of Cardinal Financial Company, a full service mortgage banking firm in operation since 1987.  The company is an approved seller/servicer for Fannie Mae, Freddie Mac and Ginnie Mae. Cardinal is also an approved lending institution for the Department of Housing and Urban Development/Federal Housing Administration and the Department of Veteran Affairs/Veterans Administration with FHAs Direct Endorsement and VA Automatic Lender Authority.  Cardinal is an authorized lender for the USDA/Rural Housing Program, the Pennsylvania Housing Finance Agency and the New Jersey Mortgage Housing Finance Agency.

 

Cardinal is licensed by the Departments of Banking in many states, mainly in the eastern and southeastern United States.  Its retail and wholesale divisions originate first mortgage loans for qualified borrowers.

Sebonic Financial
Email Lender Write a Review

Lender Reviews

Knowledgeable Loan Originator

Yes, I recommend this lender

Yll was very helpful and efficient in locking in a rate for us when shopping for a home. He showed attention to detail and obviously had extensive knowledge in dealing with unusual mortgage situations. We had an unusual buyer credit situation and he seemed very competent in handling it. Ultimately, we opted to select another lender due to the fact that this lender has handled two prior transactions for us, but Yll offered a more competitive rate. I have no doubt that he takes care in walking buyers through the financial and closing process.

By: Dustin (Denver, CO)

Great Rate, very flexible

Yes, I recommend this lender

I found Sebonic from an online mortgage comparison site. They were the lowest rate, so I gave them a call. Great rates, and very helpful people. I was able to change the terms of my loan just 1 week before closing... and I still closed on time. They require escrow for loans under 80% LTV. If you can hit that, it's a .125 point fee to discharge. Very reasonable. I wholeheartedly recommend Sebonic for anyone looking for a great rate.

By: Zachary (Houston, TX)

Great Experience

Yes, I recommend this lender

I had the best refinance experience ever with Sebonic Financial. John Ruskin is very patient and reliable. It would be even better if the customer is informed by the first handler of the loan before moving to next handler ( something like introducing the next handler by the first handler; not by introducing the next handler by herself/ himself). I would use Sebonic again when I need to get a loan or refinance in future.

By: Michael (Rancho Cucamonga, CA)
See All Reviews
Mortgage rate quotes displayed on LendingTree LoanExplorer℠, including loan pricing data, rates and fees, are provided by third party data providers including, but not limited to, Mortech®, a registered trademark of Zillow®, LoanXEngine, a product of Mortgage Builder Software, Inc., and LoanTek, Inc.

Mortgage Rate Trends

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The Importance of North Carolina Mortgage Rates When Purchasing a Home

The nine million residents of North Carolina, the Tar Heel State, enjoy some of the best scenery and weather in the country. Being able to get great NC mortgage rates is part of the allure of owning a home in this state.

From the bustling capital of Raleigh to the secluded beaches and tourist destinations of places like the Outer Banks and Kill Devil Hills, North Carolina has relatively mild winters and long, hot summers.

Finding NC mortgage rates that you're comfortable with is an important part of financing a home in the state. North Carolina offers several programs to help people buy homes in the state, secure low NC mortgage interest rates, and finance their purchases. Taking advantage of these programs is a great way to obtain that new home you've been dreaming of. 

Special Programs for Securing Current NC Mortgage Rates

North Carolina's Making Home Affordable Program is one way the state is helping its residents afford home ownership by helping them to secure low interest rates.

Refinancing through the program can stop foreclosures and help people get caught up financially, all while giving qualified applicants a mortgage payment that they can handle. If you're buying your first home, the state of North Carolina has programs to help you, as well. The same is true if you are in a qualifying low-income bracket.

North Carolina Mortgage Rates for First-Time Buyers

North Carolina's state government offers a variety of attractive incentives to first-time homebuyers. These incentives include limited down payment assistance and competitive interest rates for qualified first-time buyers. Another incentive is a mortgage credit certificate, which can help lower homeowners' income tax liability and help them save money to pay their mortgages.

 

To secure these low NC mortgage rates, first-time homebuyers must:

  • be able to prove US residency
  • earn within a given income bracket
  • occupy the purchased home for at least 60 days

If these criteria are met, homebuyers can enjoy low NC mortgage interest rates and help with closing costs.

Researching North Carolina Mortgage Rates and Forming a Budget

The North Carolina Housing Finance Agency offers a variety of tools for homebuyers to help form a realistic budget and calculate NC mortgage interest rates. The agency's website offers tools to help determine "how much house" homebuyers can afford along with an NC mortgage rate calculator to help homeowners determine how much they'll be paying over time. Check out today's current mortgage rates.