Sebonic Financial might not be a well-known lender, but they will deliver on your mortgage loan. You can apply for a conventional loan, VA loan, FHA loan, USDA loan, or jumbo loan. You can purchase or refinance your home, and you can choose from a fixed rate or an adjustable rate. Their employees are knowledgeable in the field, and they will help you decide on the best loan for you. This article will provide the latest and current information about Sebonic Financial mortgage rates.

Sebonic Financial Current Mortgage Rates

You can find information about Sebonic Financial‘s competitive rates online, so they will offer you the lowest rates available. The table below will provide you with information about their current rates.

Type of Mortgage Rate Interest Rate APR (Annual Percentage Rate) Estimated Monthly Payment
30-year fixed 4.00% 4.08% $1205.10
20-year fixed 3.87% 3.99% $1513.63
15-year fixed 3.37% 3.53% $1790.89
7/1 ARM 3.75% 3.94% $1184.91
5/1 ARM 3.75% 3.96% $1187.78
3/1 ARM 4.12% 4.08% $1205.10

***Rates can change without warning, so it is important to check the website for the latest information about mortgage rates.

Bonus read: Sebonic Financial Mortgage Account Login

Sebonic Financial Mortgage Rates Additional Information

Purchasing a new home is an exciting experience; however, it can be overwhelming and stressful. Sebonic Financial will walk you through every step of the way.

An employee will go over the 30-year mortgage rates, 20-year mortgage rates, and 15-year mortgage rates. The 30-year fixed rate is the most common type of mortgage. With a fixed rate loan, the interest rate will never change throughout the life of the loan.

Some people prefer an adjustable rate loan. With this mortgage, the rate will start out fixed for a certain period. It will then increase or decrease according to the mortgage rate trends.

If you are purchasing a more expensive home, you can apply for a jumbo loan. Jumbo rates are available and will provide you with the opportunity to purchase a dream home.

You also might save money bey refinancing your mortgage. A Sebonic representative will walk you through your options to see if the refinancing mortgage rates are best for you.

Their online mortgage rate calculator is a great tool to use, so you can see how much you can afford for the loan.

Monthly Mortgage Payment Example

Type of Mortgage Rate 30-year fixed rate 20-year fixed rate 15-year fixed rate
Mortgage Amount $250,000 $250,000 $250,000
Interest Rate 4.00% 3.87% 3.37%
APR (Annual Percentage Rate) 4.08% 3.99% 3.53%
Number of Payments 360 240 180
Average Monthly Payment $1205.10 $1513.63 $1790.89
Total Amount of Interest $183,835.00 $113,272.12 $72,360.51
Total Amount Paid $433,835.00 $363,272.12 $322,360.51

***The values in this table are approximate results of our calculations and can vary based on the type of credit you opt for. Please note that these are our examples and not offered by the financial institution.

Sebonic Financial mortgage rates are competitive and will help you get the lowest rate available. Sebonic Financial offers excellent customer service, and they will answer any questions that you may have.