Rate Disclosures
Daily Rate Assumptions & Disclosures
Every rate we advertise is tied to a specific example loan. Below are the exact assumptions behind each program’s daily rate, so you can see precisely what a quoted rate is based on and compare it to your own situation.
Assumptions reviewed periodically. Rates themselves change with the market, often several times a day.
What this page is
A quoted mortgage rate only means something alongside its assumptions, the loan size, how much equity is involved, the borrower’s credit, and the property. These are the reference scenarios we use when we publish a daily rate for each program.
💵
Loan amount & LTV
The example balance and loan-to-value. A different loan size or down payment changes the rate.
📊
Credit score (FICO)
Rates are risk-based. The FICO shown is the assumption; a higher or lower score shifts pricing.
🏠
Property & occupancy
Every scenario assumes a single-family primary residence. Condos, multi-unit, and investment properties price differently.
📍
Location
Scenarios are priced in California and offered in the nine states we’re licensed in (listed below).
Rate assumptions by program
Each row is the example loan behind that program’s advertised daily rate. All scenarios: single-family residence (SFR), primary residence, priced in California.
| Program | Term | Loan amount | LTV / CLTV | FICO |
|---|---|---|---|---|
| Conventional Purchase | 30-year fixed | $500,000 | 70% LTV | 720 |
| VA Purchase | 30-year fixed | $400,000 | 100% LTV | 660 |
| VA IRRRL | 30-year fixed | $400,000 | 95% LTV | 660 |
| VA Cash-Out | 30-year fixed | $427,000 | 97% LTV | 660 |
| FHA Purchase | 30-year fixed | $482,000 | 96.5% LTV | 680 |
| FHA Streamline | 30-year fixed | $482,000 | 96.5% LTV | 680 |
| Home Equity Loan | 20-year fixed | $200,000 | 75% CLTV | 720 |
| Jumbo | 30-year fixed | $1,300,000 | 75% LTV | 780 |
| Non-QM (24-mo Bank Statement) | 30-year fixed | $600,000 | 60% LTV | 780 |
California, Colorado, Idaho, Florida, Maryland, New Hampshire, South Carolina, Texas & Virginia properties only
As the market fluctuates multiple times each day, all quoted rates are subject to change. OnPoint Mortgage Pro is committed to offering its customers the most competitive rates and fees while keeping a high level of customer care. The only way to know your actual rate is a personalized quote based on your loan amount, credit, property, and occupancy.
Questions about a rate you saw?
Tell us your scenario and we’ll quote it accurately, no guesswork off an example loan.
- ☎(949) 486-8200
- ✉info@onpointmortgagepro.com
- 📍530 Technology Dr, Ste 100, Irvine, CA 92618
- 🕐Monday–Friday, 8:00am–5:00pm PT
OnPoint Mortgage Pro · NMLS #2134550 · CA DFPI (CRMLA) License 60DBO-140540. Equal Housing Opportunity. This is not a commitment to lend; all loans subject to credit approval, underwriting, and property review.
Related
📈
Today’s Mortgage Rates
Live wholesale rates across all programs, updated daily.
View rates →📊
Affordability Calculator
See the price and payment your own numbers support.
Run the numbers →📜
No-Points Offer Terms
The assumptions behind our no-points pricing.
Read the terms →⚖
Terms of Use
Our general website terms and legal notices.
See terms of use →