Buyers Advantage Rates

  • Rates by IPL Mortgage
  • 30 yr Fixed Conforming (Up to $417,000)
  • Rate: 3.375% APR: 3.375% (0 Fees)
  • 30 yr Fixed Conforming (Up to $625,500)
  • Rate: 3.625% APR: 3.625% (0 Fees)
  • 15 yr Fixed Jumbo (Up to $5 Million)
  • Rate: 3.5% APR: 3.5%
  • 5 yr ARM Jumbo (Up to $5 Million)
  • Rate: 2.875% APR: 2.875% (0 Fees)
  • 10 yr ARM Jumbo (Up to $5 Million)
  • Rate: 3.5% APR: 3.5% (0 Fees)
  • APR Assumptions: 720 + FICO, SFR, Primary, California, 417k (1 mil Jumbo)
  • Current as of:  5/18/2012 10:00am

Contact Us

How We Are Different: The Buyers Advantage Program

How It Works: When a home buyer purchases a property through one of IPL's Realtors, IPL Mortgage gives them a below market interest rate at no cost. If you work with a traditional real estate company, you are throwing money away.

Savings Example: $900,000 Purchase Price



Rate and Fees

  • Loan Amount
  • Interest Rate
  • Payment
  • Origination
  • Underwritting Fee
  • Processing Fee

Other Lender Value

  • $625,500
  • 4.375%
  • $3,123
  • $2,000
  • $995
  • $695

Buyers Advanteage

  • $625,500
  • 3.75%
  • $2,897
  • $0
  • $0
  • $0

In this scenario, by not having to pay any points or lender fees you would save over $3,690 in upfront closing costs. In addition, because you would receive a wholesale interest rate from IPL Mortgage, your payment would be $226 lower each month resulting in $81,360 in savings for a 30 year fixed mortgage. Contact us to find out how much you'll save when using the Buyers Advantage Program.

Other Benefits:

• Confidence in your loan Pre-Approval. We wouldn't be representing you as a Realtor if your loan could not be done (this may also give sellers more confidence in your offer)

• Ease of communication. One point of contact for both your real estate & mortgage questions.

• Work with a Realtor. Realtors must adhere to a higher standard of practice than a licensed agent.

• Purchase price over 1.5 million? Receive an even greater discount. Call 877-858-5990 for details.

 

Welcome to IPL Real Estate

 

IPL Real Estate is a full service Real Estate Brokerage, licensed by the California Department of Real Estate (license number 01174694 ). We have been in business since 1996, continually offering our clients unmatched service and value.