Advertising Disclosures

  • The advertised loan is a VA 5/1 ARM (Adjustable Rate Mortgage) with a 30-year fully amortizing term from actual offers posted to consumers by Network Lenders.
  • After the initial period, the variable interest rate and payment will adjust every year and equal the total of the 12-month LIBOR index (1.92% as of 13-Dec-20) plus a margin of 0.00%. (NOTE: Your Lender may use another index such as Treasury, Prime etc. this can impact the overall rate and APR you are quoted so ask your lender what index it uses).
  • The maximum periodic change in the interest rate is % with a maximum rate increase of % above the initial interest rate. (NOTE: VA Hybrid ARMs utilized a maximum periodic change in interest of 1% and the maximum rate increase is 5% above the initial interest rate ASK YOUR LENDER what the maximum increase will be after your initial rate period ends and what the maximum rate will be on your individual loan).
  • If the interest rate adjusted to the maximum rate (which could not occur until after the fifth year), the maximum monthly payment would be 1,600.82 for $225,000.
  • There is no prepayment penalty.
  • The Annual Percentage Rate (APR) is variable and is subject to increase or decrease, so your payments may increase or decrease each year after the initial period.
  • The chart below shows the interest rate, APR, and the initial monthly payment:

    Payment Examples

    Loan Amount Initial

    Interest Rate

    (for 60 months)

    		 APR Initial Monthly

    Payments

    (for 60 months)
    $225,000 3.375% 6.82% 949

  • Disclosure Assumptions
  • Interest rate quoted assumes a FICO score of 720 with a maximum loan-to-value ratio of 80% on a primary residence.
  • The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property, and other factors as determined by Lenders.
  • VA benefits criteria will have to be met and are subject to change.
  • While there is no down payment requirement on a purchase or a buy down requirement on a refinance for a VA Loan and you may borrow up to 100% of the value, lower rates are generally offered to those who do in fact make a down payment or have equity in their home. No mortgage insurance is required in either situation. Note that a VA Funding Fee may apply.
  • The initial interest rate is fixed for 5 years. The disclosed APR is based on 0.00 discount point, 0.00% origination fee and 1034.25 additional prepaid finance charges which will be due at closing. First adjusted payment will likely increase to approximately 1,204.14.
  • Interest rate and APR are variable and subject to increase
  • Not available in all states and not all lenders participate in the VA Loan Program.
  • Rates are subject to change daily without notice.
  • Payment amounts shown do not include taxes or insurance.

LendingTree Advertisement Disclosure: LENDINGTREE, LLC IS A MARKETING LEAD GENERATOR AND IS A DULY LICENSED MORTGAGE BROKER, AS REQUIRED BY LAW, WITH ITS MAIN OFFICE LOCATED AT 1415 VANTAGE PARK DRIVE, SUITE 700, CHARLOTTE, NC 28203, TELEPHONE NUMBER 1-800-555-8733. For a current list of applicable state licensing and disclosures, click Licenses and Disclosures or call for details. LendingTree, LLC NMLS Unique Identifier #1136; AL Mortgage Brokers License #8694; AK Mortgage Broker/Lender License #AK1136; AZ Mortgage Broker License #0902469; AR Mortgage Broker License #24441; CA Department of Financial Protection & Innovation, CA Financing Law License #6037234; CO Mortgage Company Registration Regulated by the Division of Real Estate, NMLS ID #1136; CT Mortgage Broker License #4164 – MORTGAGE BROKER ONLY, NOT A MORTGAGE LENDER OR MORTGAGE CORRESPONDENT LENDER; CT Small Loan Company License #SLC-1136; DE Broker License #010996; DC Mortgage Broker License #MLB1136; FL Mortgage Broker License #MBR1298; GA Mortgage Broker/Processor License/Registration #12989; HI Mortgage Loan Originator Company License #HI-1136; ID Mortgage Broker/Lender License #MBL-893; IL Residential Mortgage Licensee #MB.0005433; IN-SOS Loan Broker License #1136; IA Mortgage Broker License #741; KS Mortgage Company License #MC.0002279; KY Mortgage Broker License #MB17994; LA Residential Mortgage Lending License #189; ME Loan Broker License #1136; MD Mortgage Lender License #4737; MA Mortgage Broker License #MB1136 – LendingTree arranges but does not make loans; MA Small Loan Company License #SL0533; MI 1st Mortgage Broker License #FL0016258, 2nd Mortgage Broker Registrant #SR0016259; MN Residential Mortgage Originator License #MN-MO-40127258; MS Mortgage Broker License #1136; MO Mortgage Company License #1136, 4509 Lemay Ferry Rd., St. Louis, MO 63129; MT Mortgage Broker License #1097; NE Mortgage Banker License #1517; NV Mortgage Company License #1698, NV Bus. ID NV20051235630, Las Vegas Bus. License #P50-02291; NH Mortgage Broker License #14208-MBR; NH Small Loan Lender License #23645-SM; NJ Residential Mortgage Broker License #0801779 – LendingTree does not make mortgage loans or commitments or fund any mortgage loans; NM Mortgage Loan Company License #00395; NM Small Loan Company License #02048; NY – LT Technologies in lieu of true name LendingTree, LLC, Registered Mortgage Broker – NYS Department of Financial Services License #RMB 203974 – LendingTree arranges mortgage loans with third-party providers; NC Mortgage Broker License #B-113401; ND Money Broker License #MB100817; OH Residential Mortgage Lending Act Certificate of Registration #RM.802159.000, 1210 Louden St. #2, Cincinnati, OH 45202; OK Mortgage Broker License #MB002490; OR Mortgage Lending License #ML-1862; OR Consumer Finance License #0420-001-C; PA Mortgage Broker License #20298; RI Loan Broker License #20062113LB; SC Mortgage Broker License #MB-0504600, SC Branch Location NMLS ID #234375; SD Mortgage Brokerage License #1136.MB; TN Mortgage License #109266; TX SML Mortgage Company License, NMLS ID #1136, Mr. Shan Guo Residential Mortgage Loan Originator #300978, 11500 State Highway 121, Ste. 410, Frisco, TX 75035; UT DRE Mortgage Entity License #5489470-NMLC; VT Mortgage Broker License #0055 MB; VA Mortgage Broker License #MC-1052; WA Mortgage Broker License #MB-1136; WV Mortgage Broker License #MB-20020; WI Mortgage Broker License #2630BR; WY Mortgage Broker License #838. Licensing information last amended on 1-Feb-23.   Advertised Terms and Information
  • The information and disclosures above relate to advertised terms made by or through LendingTree.
  • Interest rates and terms are from a lender or lenders with whom LendingTree may match you and that offer the particular product. The disclosures are current as of the date indicated.
  • LendingTree is not a lender in any transaction and does not make loans, loan commitments or lock-rates. All credit decisions, including loan approval and the conditional rates and terms you are offered, are the responsibility of the participating lenders and will vary based upon your loan request, your particular financial situation, and criteria determined by the lenders to whom you are matched. Not all consumers will qualify for the advertised rates and terms. APR may be in lieu of rebates or incentives. Dealer participation may affect consumer cost.
  • You may not be matched with a lender making a particular conditional loan offer, and LendingTree does not guarantee that any lender will make you a conditional loan offer. LendingTree arranges for multiple conditional loan offers through its network of nonaffiliated lenders. See the Terms of Use Agreement for more details. The Terms of Use Agreement governs these advertised Terms and Information.
  • FICO score means the FICO credit score report that a lender receives from a consumer reporting agency.