Discover Financial Services began in 1986 when the Discover Card was originated. It has quickly become one of the most popular banks in the country. The company now offers not only credit cards, but also personal loans, student loans, banking, and home financing. The company is headquartered in Riverwoods, Illinois. Discover Financial Services mortgage rates are low, so now is a good time to purchase a home. In order to get the lowest rate, Discover asks that you have a credit score of at least 720.

With Discover Financial, you can purchase a new home or refinance an existing home loan. The business also offers home equity loans if you need some money for a major expense. You can obtain a fixed-rate loan or an adjustable-rate loan at a great rate.

Discover Financial Services Current Mortgage Rates

Discover Financial Services mortgage rates are available to compare on all the major websites. The only state that Discover does not offer home loans is Nevada. You can find information about mortgage rates on Ratezip website. On their website, you can find a loan amount calculator and a monthly payment calculator.

Type of Mortgage Rate Interest Rate APR
(Annual Percentage Rate)
Estimated Monthly Payment
30-year fixed loan 3.88% 3.92% $1489
15-year fixed loan 3.13% 3.20% $1942
5/1 ARM 2.75% 3.74% $1364

*** Mortgage rates can change quickly, so rates, fees, and terms are subject to change. For the latest rates, go to their website.

Discover Financial Services Mortgage Rates Additional Information

If you choose an adjustable rate mortgage, your rate will fluctuate depending on the market. This is a good option if you are getting a higher interest rate than you would like. With a fixed-rate mortgage, the rate will not change throughout the life of the loan.

Discover offers streamlined home mortgages, so the process will be quicker and easier. A Discover banker will guide you through the process and offer you the best home mortgage rates. You can upload your documents online, and you can check the status of your loan anytime you wish.

The company offers good 30-year mortgage rates, 20-year mortgage rates, and 15-year fixed mortgage rates; however, you might need to purchase mortgage rates to get the lowest rate.

Refinance mortgage rates at Discover can provide you the opportunity to lower your monthly payments or obtain a lower interest rate. If you need a larger loan, check the jumbo mortgage rates to see what is offered. You can apply quickly and easily online, and a banker will be in contact with you.

You can use a mortgage rates calculator to determine your monthly payment amount. A calculator can be found on their website. You can get preapproval for your mortgage, so you can shop knowing what you can spend on your new home.


Discover Financial Services mortgage rates will allow you the dream of being a homeowner. The company offers excellent customer service, and the website is easy to navigate. You can make payments online, and you can keep track of your mortgage. And you can pay off the loan at any time without penalty. You can be confident that your mortgage needs are in good hands.