2.25% Mortgage Rate from LenderFi on 5/1 Conforming ARM

You can still get very low rates on an adjustable mortgage from many lenders. LenderFi is quoting the lowest 5 year conventional ARM on our rate list at 2.25 percent with 1.10 mortgage points. If you're in the market for an ARM,  you should lock in a rate before mortgage rates move any higher.

Short term interest rates will move higher if the Federal Reserve increases rates on December 16. After the strong November employment report, an increase is an almost certain now. This might be the last time we see 5 year ARMs at 2.25 percent for a while.

LenderFi has been in business since 2006 and has been a BBB accredited business since 11/15/2006. LenderFi's Nationwide Mortgage Licensing System & Registry license number is 133056. LendFi has state licenses in 44 states and the District of Columbia.

LenderFi is also quoting 5 year ARMs with different rate/point combinations. Below is a list of rates quoted this morning on a 5 year conforming ARM (California).

5 Year Adjustable Mortgage Rates from LenderFi 

  • Rate 2.25% APR 3.12% Points 1.10%
  • Rate 2.38% APR 3.14% Points 0.94%
  • Rate 2.50% APR 3.16% Points 0.10%
  • Rate 2.63% APR 3.18% Points 0.32%
  • Rate 2.875% APR 3.19% Points 0.00%

Lenders change mortgage rates on a daily basis. For a current list of this lender's rates and other lenders' rates use our rate list at RatesORama.com/Mortgage-Rates.



Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
30 yr fixed refi in 95816, All points, Credit score: 740+     Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
30 yr fixed Mortgage Loan from Optimum First Mortgage Inc.
Optimum First Mortgage Inc.
https://www.brimg.net/system/img/inst/7604_logo.gif
300000
Refinance
4.113
4.000
USD
at 0.100 pts
30 day lock rate
Est payment: $1,432.25
Fees in APR: $3,769
 
 
Next button
30 yr fixed Mortgage Loan from Agora Lending
Agora Lending
https://www.brimg.net/system/img/inst/10036_logo.gif
300000
Refinance
3.979
3.875
USD
at 0.100 pts
30 day lock rate
Est payment: $1,410.71
Fees in APR: $3,463
Thank you for your inquiry! 
 
Next button
30 yr fixed Mortgage Loan from Ally Bank
Ally Bank
https://www.brimg.net/system/img/inst/10271_logo.gif
300000
Refinance
4.356
4.250
USD
at 0.100 pts
45 day lock rate
Est payment: $1,475.82
Fees in APR: $3,466
Thanks for the inquiry! 
 
Next button
30 yr fixed Mortgage Loan from Oceans Mortgage
Oceans Mortgage
https://www.brimg.net/system/img/inst/10050_logo.gif
300000
Refinance
4.035
3.875
USD
at 0.100 pts
30 day lock rate
Est payment: $1,410.71
Fees in APR: $5,462
Thank you for your inquiry! 
 
Next button
30 yr fixed Mortgage Loan from Blue Spot Home Loans
Blue Spot Home Loans
https://www.brimg.net/system/img/inst/10534_logo.gif
300000
Refinance
4.035
3.999
USD
Blue Spot Home Loans Logo
at 0.100 pts
30 day lock rate
Est payment: $1,432.07
Fees in APR: $994
Thanks for the inquiry! 
 
Next button
30 yr fixed Mortgage Loan from E-Click Lending
E-Click Lending
https://www.brimg.net/system/img/inst/4213_logo.gif
300000
Refinance
4.981
4.750
USD
at 1.000 pts
30 day lock rate
Est payment: $1,564.94
Fees in APR: $4,835
 
 
Next button
30 yr fixed Mortgage Loan from Sol Mortgage
Sol Mortgage
https://www.brimg.net/system/img/inst/10262_logo.gif
300000
Refinance
4.060
3.960
USD
at 0.100 pts
30 day lock rate
Est payment: $1,425.34
Fees in APR: $3,299
Thanks for the inquiry! 
 
Next button
30 yr fixed Mortgage Loan from CF Bank
CF Bank
https://www.brimg.net/system/img/inst/10390_logo.gif
300000
Refinance
4.047
4.000
USD
at 0.100 pts
45 day lock rate
Est payment: $1,432.25
Fees in APR: $1,409
Thanks for the inquiry! 
 
Next button
30 yr fixed Mortgage Loan from HomeDirect Mortgage
HomeDirect Mortgage
https://www.brimg.net/system/img/inst/10447_logo.gif
300000
Refinance
4.273
4.125
USD
HomeDirect Mortgage Logo
at 1.000 pts
30 day lock rate
Est payment: $1,453.95
Fees in APR: $2,259
 
 
Next button
30 yr fixed Mortgage Loan from Sebonic Financial
Sebonic Financial
https://www.brimg.net/system/img/inst/8420_logo.gif
300000
Refinance
4.079
3.990
USD
at 0.100 pts
30 day lock rate
Est payment: $1,430.52
Fees in APR: $2,885
Thank you for your inquiry, we will be in touch shortly. 
 
Next button
30 yr fixed Mortgage Loan from Lending.com
Lending.com
https://www.brimg.net/system/img/inst/9139_logo.gif
300000
Refinance
4.194
4.125
USD
at 0.100 pts
30 day lock rate
Est payment: $1,453.95
Fees in APR: $2,156
Thank you for your inquiry, we will be in touch shortly. 
 
Next button
30 yr fixed Mortgage Loan from AimLoan.com
AimLoan.com
https://www.brimg.net/system/img/inst/1739_logo.gif
300000
Refinance
4.082
4.000
USD
at 0.100 pts
30 day lock rate
Est payment: $1,432.25
Fees in APR: $2,663
 
 
Next button
30 yr fixed Mortgage Loan from McGlone Mortgage Group
McGlone Mortgage Group
https://www.brimg.net/system/img/inst/2125_logo.gif
300000
Refinance
4.269
4.250
USD
at 0.000 pts
45 day lock rate
Est payment: $1,475.82
Fees in APR: $676
Thanks for the inquiry! 
 
Next button
30 yr fixed Mortgage Loan from HomePlus Mortgage
HomePlus Mortgage
https://www.brimg.net/system/img/inst/7834_logo.gif
300000
Refinance
4.125
4.125
USD
at 0.000 pts
30 day lock rate
Est payment: $1,453.95
Fees in APR: None
 
 
Next button
30 yr fixed Mortgage Loan from Blue Spot Home Loans
Blue Spot Home Loans
https://www.brimg.net/system/img/inst/10534_logo.gif
300000
Refinance
4.124
4.124
USD
Blue Spot Home Loans Logo
at 0.000 pts
30 day lock rate
Est payment: $1,453.77
Fees in APR: None
Thanks for the inquiry! 
 
Next button
30 yr fixed Mortgage Loan from Lending.com
Lending.com
https://www.brimg.net/system/img/inst/9139_logo.gif
300000
Refinance
4.265
4.250
USD
at 0.000 pts
30 day lock rate
Est payment: $1,475.82
Fees in APR: $551
Thank you for your inquiry, we will be in touch shortly. 
 
Next button
30 yr fixed Mortgage Loan from JG Wentworth Home Lending
JG Wentworth Home Lending
https://www.brimg.net/system/img/inst/10054_logo.gif
300000
Refinance
4.375
4.375
USD
at 0.000 pts
45 day lock rate
Est payment: $1,497.86
Fees in APR: None
 
 
Next button
30 yr fixed Mortgage Loan from Optimum First Mortgage Inc.
Optimum First Mortgage Inc.
https://www.brimg.net/system/img/inst/7604_logo.gif
300000
Refinance
4.279
4.250
USD
at 0.000 pts
30 day lock rate
Est payment: $1,475.82
Fees in APR: $1,033
 
 
Next button
30 yr fixed Mortgage Loan from Agora Lending
Agora Lending
https://www.brimg.net/system/img/inst/10036_logo.gif
300000
Refinance
4.141
4.125
USD
at 0.000 pts
30 day lock rate
Est payment: $1,453.95
Fees in APR: $562
Thank you for your inquiry! 
 
Next button
30 yr fixed Mortgage Loan from Ally Bank
Ally Bank
https://www.brimg.net/system/img/inst/10271_logo.gif
300000
Refinance
4.516
4.500
USD
at 0.000 pts
45 day lock rate
Est payment: $1,520.06
Fees in APR: $551
Thanks for the inquiry! 
 
Next button
30 yr fixed Mortgage Loan from CF Bank
CF Bank
https://www.brimg.net/system/img/inst/10390_logo.gif
300000
Refinance
4.129
4.125
USD
at 0.000 pts
45 day lock rate
Est payment: $1,453.95
Fees in APR: $143
Thanks for the inquiry! 
 
Next button
30 yr fixed Mortgage Loan from AimLoan.com
AimLoan.com
https://www.brimg.net/system/img/inst/1739_logo.gif
300000
Refinance
4.250
4.250
USD
at 0.000 pts
30 day lock rate
Est payment: $1,475.82
Fees in APR: None
 
 
Next button
30 yr fixed Mortgage Loan from Oceans Mortgage
Oceans Mortgage
https://www.brimg.net/system/img/inst/10050_logo.gif
300000
Refinance
4.154
4.125
USD
at 0.000 pts
30 day lock rate
Est payment: $1,453.95
Fees in APR: $1,050
Thank you for your inquiry! 
 
Next button
30 yr fixed Mortgage Loan from Sol Mortgage
Sol Mortgage
https://www.brimg.net/system/img/inst/10262_logo.gif
300000
Refinance
4.150
4.125
USD
at 0.000 pts
30 day lock rate
Est payment: $1,453.95
Fees in APR: $905
Thanks for the inquiry! 
 
Next button
30 yr fixed Mortgage Loan from Better Mortgage Inc
Better Mortgage Inc
https://www.brimg.net/system/img/inst/9722_logo.gif
300000
Refinance
4.051
4.000
USD
Better Mortgage Inc Logo
at 0.000 pts
30 day lock rate
Est payment: $1,432.25
Fees in APR: $1,822
Thank you for your quote. 
 
Next button
30 yr fixed Mortgage Loan from HomeDirect Mortgage
HomeDirect Mortgage
https://www.brimg.net/system/img/inst/10447_logo.gif
300000
Refinance
4.375
4.375
USD
HomeDirect Mortgage Logo
at 0.000 pts
30 day lock rate
Est payment: $1,497.86
Fees in APR: None
 
 
Next button
30 yr fixed Mortgage Loan from E-Click Lending
E-Click Lending
https://www.brimg.net/system/img/inst/4213_logo.gif
300000
Refinance
5.179
5.125
USD
at 0.000 pts
30 day lock rate
Est payment: $1,633.46
Fees in APR: $1,825
 
 
Next button
30 yr fixed Mortgage Loan from NationsChoice Mortgage
NationsChoice Mortgage
https://www.brimg.net/system/img/inst/8111_logo.gif
300000
Refinance
4.167
4.125
USD
at 0.000 pts
30 day lock rate
Est payment: $1,453.95
Fees in APR: $1,495
 
 
Next button
30 yr fixed Mortgage Loan from Sebonic Financial
Sebonic Financial
https://www.brimg.net/system/img/inst/8420_logo.gif
300000
Refinance
4.242
4.240
USD
at 0.000 pts
30 day lock rate
Est payment: $1,474.06
Fees in APR: $56
Thank you for your inquiry, we will be in touch shortly. 
 
Next button
30 yr fixed Mortgage Loan from Aurora Financial
Aurora Financial
https://www.brimg.net/system/img/inst/4284_logo.gif
300000
Refinance
4.125
4.125
USD
at 0.000 pts
30 day lock rate
Est payment: $1,453.95
Fees in APR: None
 
 
Next button
30 yr fixed Mortgage Loan from CF Bank
CF Bank
https://www.brimg.net/system/img/inst/10390_logo.gif
300000
Refinance
3.904
3.750
USD
at 1.100 pts
45 day lock rate
Est payment: $1,389.35
Fees in APR: $2,267
Thanks for the inquiry! 
 
Next button
30 yr fixed Mortgage Loan from Sol Mortgage
Sol Mortgage
https://www.brimg.net/system/img/inst/10262_logo.gif
300000
Refinance
3.973
3.835
USD
at 1.100 pts
30 day lock rate
Est payment: $1,403.86
Fees in APR: $1,696
Thanks for the inquiry! 
 
Next button
30 yr fixed Mortgage Loan from E-Click Lending
E-Click Lending
https://www.brimg.net/system/img/inst/4213_logo.gif
300000
Refinance
4.877
4.490
USD
at 2.000 pts
30 day lock rate
Est payment: $1,518.27
Fees in APR: $7,176
 
 
Next button
30 yr fixed Mortgage Loan from Optimum First Mortgage Inc.
Optimum First Mortgage Inc.
https://www.brimg.net/system/img/inst/7604_logo.gif
300000
Refinance
3.963
3.750
USD
at 1.100 pts
30 day lock rate
Est payment: $1,389.35
Fees in APR: $4,366
 
 
Next button
30 yr fixed Mortgage Loan from Sebonic Financial
Sebonic Financial
https://www.brimg.net/system/img/inst/8420_logo.gif
300000
Refinance
4.004
3.865
USD
at 1.100 pts
30 day lock rate
Est payment: $1,409.00
Fees in APR: $1,712
Thank you for your inquiry, we will be in touch shortly. 
 
Next button
30 yr fixed Mortgage Loan from Lending.com
Lending.com
https://www.brimg.net/system/img/inst/9139_logo.gif
300000
Refinance
4.034
3.875
USD
at 1.100 pts
30 day lock rate
Est payment: $1,410.71
Fees in APR: $2,417
Thank you for your inquiry, we will be in touch shortly. 
 
Next button
30 yr fixed Mortgage Loan from AimLoan.com
AimLoan.com
https://www.brimg.net/system/img/inst/1739_logo.gif
300000
Refinance
3.937
3.750
USD
at 1.100 pts
30 day lock rate
Est payment: $1,389.35
Fees in APR: $3,473
 
 
Next button
30 yr fixed mtg refi Mortgage Loan from Bank of the West
Bank of the West
300000
Refinance
4.784
4.750
USD
Bank of the West

4.784%
2/19/2019
4.750%
at 0.125 pts
60 day lock rate
Est payment: $1,564.94
Fees in APR: $793
 
 
30 yr fixed mtg refi Mortgage Loan from Star One Credit Union
Star One Credit Union
300000
Refinance
4.253
4.250
USD
Star One Credit Union

4.253%
2/18/2019
4.250%
at 0.000 pts
45 day lock rate
Est payment: $1,475.82
Fees in APR: $105
 
 
30 yr fixed mtg refi Mortgage Loan from Union Bank
Union Bank
300000
Refinance
4.647
4.625
USD
Union Bank

4.647%
2/20/2019
4.625%
at 0.000 pts
60 day lock rate
Est payment: $1,542.42
Fees in APR: $771
 
 
30 yr fixed mtg refi Mortgage Loan from San Diego County Credit Union
San Diego County Credit Union
300000
Refinance
4.430
4.375
USD
San Diego County Credit Union

4.430%
2/20/2019
4.375%
at 0.500 pts
60 day lock rate
Est payment: $1,497.86
Fees in APR: $434
 
 
30 yr fixed mtg refi Mortgage Loan from Schools First FCU
Schools First FCU
300000
Refinance
4.528
4.500
USD
Schools First FCU

4.528%
2/18/2019
4.500%
at 0.000 pts
60 day lock rate
Est payment: $1,520.06
Fees in APR: $995
 
 
30 yr fixed mtg refi Mortgage Loan from Raymond James Bank, NA
Raymond James Bank, NA
300000
Refinance
4.662
4.625
USD
Raymond James Bank, NA

4.662%
2/19/2019
4.625%
at 0.000 pts
45 day lock rate
Est payment: $1,542.42
Fees in APR: $1,299
 
 
30 yr fixed mtg refi Mortgage Loan from LincolnWay Community Bank
LincolnWay Community Bank
300000
Refinance
4.406
4.375
USD
LincolnWay Community Bank

4.406%
2/19/2019
4.375%
at 0.000 pts
30 day lock rate
Est payment: $1,497.86
Fees in APR: $1,085
 
 
30 yr fixed mtg refi Mortgage Loan from First Tech Credit Union
First Tech Credit Union
300000
Refinance
4.400
4.375
USD
First Tech Credit Union

4.400%
2/20/2019
4.375%
at 0.000 pts
30 day lock rate
Est payment: $1,497.86
Fees in APR: $898
 
 

Mortage Data Provided by Bankrate.com Many lenders have different rates on their own Websites than those posted on Bankrate.com. In order to get the Bankrate.com rate, please identify yourself as a Bankrate.com customer. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the lender you choose, please click here.

The rates above were collected by Bankrate.com on the dates specified. Rates are subject to change without notice and may vary from branch to branch. Rate/APR and terms may vary based on the creditworthiness of the individual and the extent to which the loan differs from the one used for Bankrate.com quotes. For criteria used in surveys of rates above, click here. These quotes are from banks, thrifts, and brokers, some of whom have paid for a link to their own Web site, where you can find additional information.




Author: Brian McKay
December 4th, 2015