K.O. Home Loan Solutions Mortgage Rate Assumptions

Conventional / Conforming Purchase: The Conforming purchase loan program terms are based on a loan amount of $350,000, a loan-to-value ratio of 60%, a mid-credit score at or above 740, a debt-to-income ratio below 45%, primary residence, and a 1-unit property.

Conventional / Conforming Refinance: The Conforming refinance loan program terms are based on a loan amount of $350,000, a loan-to-value ratio of 60%, a mid-credit score at or above 740, a debt-to-income ratio below 45%, primary residence, and a 1-unit property.

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FHA Home Loans: For the FHA loan programs, a 660 credit score or higher, primary residence, 1 unit, a debt-to-income ratio at or below 43%, and a loan-to-value ratio of 96.5% or lower on purchase transactions. Refinance rates may be different. FHA loans require the home and loan amount to be eligible for FHA financing.

VA Home Loans: For the VA loan programs, a 660 credit score or higher, primary residence, 1 unit, a debt-to-income ratio at or below 43%, and a loan-to-value ratio of 96.5% or lower on purchase transactions. Refinance rates may be different. VA loans require the home and loan amount to be eligible for VA financing.

Jumbo Home Loans: Jumbo mortgage loans are based on a purchase price of $1,500,000.00, a loan amount of $1,000,000.00, primary residence, Single Family Residence, a debt-to-income ratio below 40%, a credit score of 780, and impounds. The rates listed on koloans.com are not a quote or an offer to lend.

Rates listed on koloans.com include one to two points; we offer terms without points.

Mortgage rates are subject to change without notice and sometimes change multiple times in one day. The rates listed on K.O. Home Loan Solutions (koloans.com) are not a quote, not an offer to lend, or a guarantee to lend. Not everyone qualifies. Everyone’s situation is unique; please get in touch with us for a specific quote. 1-800-550-5538 – K.O. Home Loan Solutions – Loan Officer Kevin O’Connor.

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