Bank of Internet is currently featuring a low 30 year fixed mortgage rate.
While the national average mortgage rates are pushing 4.3% Bank of Internet is showing a 4.125% with an APR of 4.286%.
This advertised rate assumes this is a first mortgage on a primary residence under 80% LTV (Loan to Value).
Bank of Internet seems to have a fairly strict approval process for new customers. Some people report getting rejected even with good credit scores.
Here are some more features with Bank of Internet:
- The Bank is FDIC Insured.
- Online Safety Guarantee — Which covers 100% of any losses due break-ins, or funds that are misplaced, lost, or taken out of your account without your authorization. (see fine print below for more details)
- Rates that consistently beat the national average.
For more information visit Bank of Internet’s website.
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