The following interest rates are the current advertised interest rates for the Mortgage Purchase Program loan products. These are indicative rates only and are not meant to be any type of guarantee of rates currently available through the Mortgage Purchase Program.

Publishing these rates is not a commitment to lend or extend credit. Credit is subject to approval, which includes, among other qualifiers, income, credit and collateral. Please contact an approved MPP Lender to see what interest rate you may qualify for. Loan rates and terms are subject to change.  Posted rates may not reflect the current rate. Other conditions may apply.

CONTACT US

+12406279598
Monday – Friday
8:30 a.m. – 5:00 p.m.
E-mail us: homeownership@hocmc.org

HOC Mortgage Purchase Program First Mortgage Loans

30-Year Fixed Rate  // ZERO POINTS

TODAY’S INTEREST RATES

Posted rates may not reflect the current rate.

  OPTION 1
w/o Purchase Assistance
(NO McHAF)
OPTION 2
With Purchase Assistance
(NO McHAF)
MPP FHA Only 6.750%
APR 7.041%
7.500%
APR 7.805%
Fannie Mae and Freddie Mac
Conventional 95 Loans

LTV up to 95%

6.875%
APR 7.168%
7.625%
APR 7.932%
Fannie Mae and Freddie Mac
Conventional 97 Loans

LTVs between 95.01% and 97%

7.000%
APR 7.295%
7.750%
APR 8.059%

*APR based on $250,000 loan amount

**Option 2: PURCHASE ASSISTANCE

Deferred Loan with 0% Interest Rate for Downpayment and Closing Costs

DO NOT HAVE TO WORK IN MONTGOMERY COUNTY