Your interest rate is the monthly cost you pay on the unpaid balance of your home loan. An Annual Percentage Rate (APR) includes both your interest rate and any additional cost or prepaid finance charges such as the origination fee, points, private mortgage insurance, underwriting and processing fees (your actual fees may not include all of these items). While your interest rate is the rate at which you will make your monthly mortgage payments, the APR is a universal measurement that can assist you in comparing the cost of mortgage loans offered by different mortgage lenders.
Storehouse Mortgage is an assumed business name of Trinity Oaks Mortgage, LLC NMLS #1443326 in the State of Texas. All information contained herein is for informational purposes only. Rates, terms programs shown do not demonstrate all options or pricing structures. This is not an offer to extend credit or a commitment to lend. All loans are subject to underwriting approval. Some products may not be available in all states and restrictions apply. Storehouse Mortgage is an assumed business name of Trinity Oaks Mortgage, LLC NMLS #1443326 in the State of Texas.
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