Hometown Mortgage

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Last Update:	01/10/2006 11:15 AM CST	Lock Period:	30 days
Origination Fee:	Based on Loan Amount	Email Address:	Email Loan Officer
Phone Number:	940-243-5000	Fax Number:	940-387-5043

Mortgage rates change continually, sometimes several times a day. Contrary to popular belief, mortgage rates are not tied to the 30-year bond or the 10-year note, they are tied directly to the MBS (Mortgage Backed Securities) Market.

There are many options and variables that will change mortgage rates that clients are able to obtain. Some examples include:

Loan to value (LTV)
Loan amount
Fico score
Employment status

Internet Mortgage Companies

There are many mortgage companies posting impossible mortgage rates on the internet that violate federal law by not quoting the corresponding APR (Annual Percentage Rate) as well as the interest rate and applicable loan amounts. These mortgage companies create a quote that is meaningless and misleading.

Take a moment and call our licensed mortgage professional for a trustworthy, honest quote. You will not have to provide your social security number to us. You will receive a complimentary consultation and answer a few questions. We will provide you with an accurate quote that will be guaranteed.

Thank you for visiting our website.

Rates may be higher for loan amounts under $125,000. Please call for details.

All rates quoted are based on a 30 day lock.

Rates are subject to change though out the day based on market volatility.

Hometown Mortgage - 6247 Valley Creek - Pilot Point, TX 76258

Phone: 940-243-5000

TX Mortgage Brokers License# 15411

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