Interest Rates

Simply put - We have always offered right up front the very best pricing you will find on your particular loan.  The main reason it makes very little sense quoting a rate here is that there are so many variables that affect the rate.  More so today than ever, the number of factors that affect the interest rate that you receive is quite long and we have found that anyone that casually quotes rates is either inexperienced or deceptive.  Recently the government has had to get more involved with legislation to make mortgage brokers more transparent and we like that many of our competitors will have a harder time ripping off the consumer.  If you are still unsure about us and how we operate than we also offer the guarantee shown below.  We truly are looking to be your life long loan advisor. 

Best Rate and Fee Guarantee:

Cascade Home Loans guarantees to provide the lowest interest rate (Annual Percentage Rate) and fees. For this guarantee, Cascade Home Loans will compare all fees defined as closing costs. In the event the applicant believes a competing lender has a lower Annual Percentage Rate and fees combination, the applicant must provide the competing lender's complete, system-generated Good Faith Estimate to Cascade Home Loans. The competing lender's Good Faith Estimate must include the lender's name and must be dated the same day that Cascade Home Loans provided an interest rate and fees quote. In the event that the Good Faith Estimate indicates a lower Annual Percentage Rate and fees combination for a loan program that is identical to the one that is being offered by Cascade Home Loans, and Cascade Home Loans has verified the accuracy of the competing lender's Annual Percentage Rate and fees, Cascade Home Loans has the option of either beating the lender's fees by $50 or paying the applicant $500 (maximum $500 per loan). Cascade Home Loans will pay the $500 once the borrower closes the loan with the competing lender and provides Cascade Home Loans with a copy of the signed Note and final HUD-1 Settlement Statement.

Applicants must complete a credit application so that Cascade Home Loans can assess credit worthiness in order to determine which loan program, interest rate and fees the applicants are most qualified for. Prepaid interest and impound escrow accounts are excluded. Lender comparison must be based on a first mortgage loan with the same terms and conditions.