Hot Springs Village, AR Mortgage Rates and Refinance Rates

Mortgages in Hot Springs Village, AR: Find the best Hot Springs Village, AR mortgage rates today from banks and credit unions. When results are displayed for mortgage rates in Hot Springs Village, AR, you can easily sort your search results by lender, rate, APR and points so you can easily compare results. Whether you’re looking for conforming, jumbo, adjustable or interest-only mortgage rates in Hot Springs Village, AR. Another option is searching for Hot Springs Village, AR refinance rates if you're looking to refinance a loan. Best of all you don't have to provide any personal information to see a list of Hot Springs Village, AR mortgage rates or refinance rates.

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Hot Springs Village, Arkansas Conforming Mortgage Rates and Refinance Rates

Conforming home mortgage rates in Hot Springs Village, AR are the most popular type of mortgages rates you can find advertised for home buyers in Hot Springs Village, AR. Conforming mortgages, also known as conventional mortgages, are mortgages that meet certain criteria set out by Federal Housing Finance Agency (FHFA). There is a loan limit set for each county in the United States. Higher mortgage loan limits are set for high housing cost areas. Hot Springs Village, AR mortgages that 'conform' to the standards set out by the Federal Housing Finance Agency can be purchased by government sponsored entities (GSE) like Freddie Mac and Fannie Mae. This process guarantees Hot Springs Village, AR banks, mortgage companies and credit unions are able to resell home mortgage loans that they make. This process also makes Hot Springs Village, AR conforming mortgage rates and refi rates lower than Hot Springs Village, AR jumbo mortgage rates and jumbo refinance rates because the GSE's can’t purchase jumbo mortgages that are made by Hot Springs Village, AR home finance companies, credit unions and banks.

Jumbo Mortgage Rates and Refinance Rates in Hot Springs Village, Arkansas

Jumbo mortgage rates in Hot Springs Village, AR are advertised for home loans that have a dollar amount that is higher than conventional loan amounts. Jumbo mortgage rates and jumbo refinance rates are always higher than conventional mortgage rates for both fixed mortgage rates in Hot Springs Village, AR and adjustable mortgage rates in Hot Springs Village, AR. Interest rates are higher because third party investors buy the home loans credit unions, banks and mortgage companies in Hot Springs Village, AR make.

Hot Springs Village, Arkansas Fixed Mortgage Rates and Fixed Refinance Rates

Hot Springs Village, AR fixed rate mortgages are the most common mortgage available to borrowers. With a fixed mortgage the interest rate stays the same for the entire loan period. Fixed mortgages are available in 40 years, 30 years, 20 years, 15 years and 10 years. The longer the mortgage term the lower the monthly mortgage payment will be.

Hot Springs Village, Arkansas Adjustable Mortgage Rates

Adjustable Hot Springs Village, AR mortgage rates are fixed for a period of time and then the mortgage rate adjusts every year after. The most common adjustable mortgages terms available in Hot Springs Village, AR are 1 year, 3 year, 5year and 7 year. Adjustable rate mortgages are advertised as 1 year, 3/1, 5/1 and 7/1. Adjustable mortgages are available for conforming dollar amounts and jumbo dollar amounts in Hot Springs Village, AR. Most adjustable mortgages in Hot Springs Village, AR have yearly caps and life time maximum caps on how high the interest rate can fluctuate.



Google Map for Hot Springs Village, AR Rates & Resources


Hot Springs Village FDIC Insured Banks

Bank Name

FDIC Cert Number

Address

Chambers Bank

5615 101 Ponderosa Way, Hot Springs Village, AR 71909

Chambers Bank

5615 4508 North Highway 7, Hot Springs Village, AR 71909

First National Bank

3857 1398 Desoto Boulevard, Hot Springs Village, AR 71909

Regions Bank

12368 696 Desoto Boulevard, Hot Springs Village, AR 71909

U.S. Bank National Association

6548 101 Cooper Circle, Hot Springs Village, AR 71909