Facebook Mortgage loans, Boston | jumbo mortgages |Refinance or new

Mortgage

 30 - Year fixed JUMBO

4.002%
APR*
 
Interest Rates Certified by Datatrac
OVERVIEW

YOUR BIGGEST PURCHASE DESERVES OUR LOWEST RATES AND BEST SERVICE

For some, finding the right home loan may mean finding the very best mortgage rate. For others, it may be about finding a mortgage that fits your specific needs and an experienced lender that you can trust. Luckily, with Direct Federal, you can have it all.

  • One-on-one guidance. Whether you are looking to refinance or buy a new home, your personal Mortgage Specialist is there to provide you with friendly, expert advice every step of the way. Click here to meet our Mortgage Specialists.

  • Fast application process. Apply in 15 minutes or less; get a preliminary approval that same day or within 24 business hours.

  • More than one way to apply. Apply online, 24/7, or simply call or stop in during business hours.

  • Customized to fit your needs. Small or large, short term or long term. Owner-occupied or investment property. You can choose the loan that’s right for you, with terms ranging from 5 to 30 years and $50,000 up to $2,000,000. See our rate table for low for more details on all our mortgage products.

  • No surprises, no hidden fees. Once we provide you with a closing cost, it’s guaranteed. And rest assured there are no “junk fees” for underwriting, processing or document preparation.

 

click on the product name in the table below to learn more about each product.

To check the status of your mortgage application please click here.

For a list of our Mortgage Loan Originators please click here.

 

Rates

RATES

Rates

To learn more about each mortgage product, please click on the product name in the table below.

 

  • FIXED
  • VARIABLE
15-YEAR FIXED (UP TO $424,100) RATE APR*
0 Points 3.125% 3.134%
15-YEAR FIXED JUMBO ($424,101 - $2,000,000) Rate APR*
0 Points 3.375% 3.504%
30-YEAR FIXED (UP TO $424,100) and Home advantage RATE APR*
0 Points 3.750% 3.755%
30-YEAR FIXED JUMBO ($424,101 - $2,000,000) Rate APR*
0 Points 4.00% 4.002%
First Time Home Buyer Program Rate APR*
0 Points Pick any product above*** Pick any product above***
PRODUCT Points rate apr*  

15-YEAR FIXED (UP TO $424,100)

0 3.125% 3.134% Apply Now
15-YEAR FIXED JUMBO ($424,101 - $2,000,000) 0 3.375% 3.504% Apply Now
30-YEAR FIXED (UP TO $424,100) 0 3.750% 3.755% Apply Now
30-YEAR FIXED JUMBO ($424,101 - $2,000,000) 0 4.000% 4.002% Apply Now

HOME ADVANTAGE (UP TO $424,100**)

Call for details 781-455-6500

0 3.750% 3.755% Apply Now

FIRST TIME

HOME BUYER PROGRAM 

0 Pick any product above*** Pick any product above** Apply Now
5-10 YEAR MORTGAGE (You pick the terms and no closing costs!)**** 0

3.125% Conforming

3.125% Jumbo

3.137% Conforming

3.131% Jumbo

CALL 781.455.6500 FOR MORE INFO.
1-4 Family Residential Investment   Call for Rates Call for Rates CALL 781.455.6500 FOR MORE INFO.

**Single Family up to $424,100, 2 Unit up to $543,000, 3 Unit up to $656,300, 4 Unit up to $815,650.

Call for our increased loan limits in designated High Cost Areas.

***Borrower may choose any of standard products and still receive benefits of First Time Buyer program.

5/1 ARM (UP TO $424,100) rate APR*
0 Points 3.000% 3.654%
5/1 ARM ($424,101 - $2,000,000) rate APR*
0 Points 3.000% 3.638%
7/1 ARM (UP TO $424,100) Rate APR*
0 Points 3.125% 3.599%
7/1 ARM ($424,101 - $2,000,000) rate APR*
0 Points 3.125% 3.596%
product Points rate APR*  
5/1 ARM (UP TO $424,100) 0 3.000% 3.654% Apply Now
5/1 ARM ($424,101 - $2,000,000) 0 3.000% 3.638% Apply Now
7/1 ARM (UP TO $424,100) 0 3.125% 3.599% Apply Now
7/1 ARM ($424,101 - $2,000,000) 0 3.125% 3.596% Apply Now

*Annual Percentage Rate (APR). The interest rate and APR are subject to change. Your actual rate will depend on various factors including, but not limited to, loan type, credit profile, property type, appraised value, occupancy, subordinate financing and loan size. Adjustable rate programs are based on a 30 year term. Our adjustable rate mortgages offer an initial rate that is fixed for either a 5 year or 7 year period. After that period, and every year thereafter, the interest rate can adjust based on current market condition. Each adjustment has a 2% change cap and a 5% lifetime change cap. Mortgage loans cannot exceed $2,000,000.00. Assumes 20% down. Subject to credit approval.

CALCULATORS

Calculators

Use this calculator to generate an estimated amortization schedule for your current mortgage. Quickly see how much interest you could pay and your estimated principal balances. You can even determine the impact of any principal prepayments! Press the "Report" button for a full yearly or monthly amortization schedule.

Use this calculator to determine the Annual Percentage Rate (APR) for your mortgage. Press the report button for a full amortization schedule, either by year or by month.

Purchasing a home is one of the most important decisions you'll ever make. This calculator will help you create a savings plan towards your home purchase down payment. Simply use your purchase price to calculate how much you need to save each month. Fine-tune your plan by adjusting any of the inputs including purchase price and the number of years you wish to save. Use this calculator estimate how much home you can afford.

Use this calculator to help estimate the total cost to purchase a home. Please remember that this is an estimate, the actual fees and expenses may change depending on a variety of factors including the actual closing date. Below is a summary of the inputs and calculations used to create this estimate.

FAQs
FAQs

What happens after my application is approved?

Once you’ve submitted your application, you will have a personal Mortgage Specialist follow up with you to provide additional help and guidance.

Once you’ve submitted your application, you will have a personal Mortgage Specialist follow up with you to provide additional help and guidance. Your Mortgage Specialist will be your single point of contact from here. He or she will send you an approval letter, order an appraisal from a licensed appraiser familiar with home values in your area, and prepare your loan for closing. The closing will take place at the office of our attorney in your area, who will act as our agent. Before closing, your Mortgage Specialist will contact you to walk through the final information and answer any questions you might have.

I would like to apply securely online. Can you tell me exactly what to expect?

Completing your mortgage application online is just like completing one on paper — with the added benefit of being able to complete it anytime, anywhere.

Completing your mortgage application online is just like completing one on paper — with the added benefit of being able to complete it anytime, anywhere. Plus, at any time, you may stop and save your application; then return to it later. Expect your application to take about 15 minutes to complete. A series of prompts and helpful tips will guide you through each screen to help you through each stage of the application process, which includes the following steps:

  • Start App – You’ll be asked to select a username and password to ensure securityand privacy. Create and enter your username and password here and make a noteof them for your records.
  • Personal Info – Provide the name, date of birth and SOCIAL SECURITY number for each borrower.
  • Property Info – Enter the address, price and other information related to the property you are purchasing OR REFINANCING .
  • Select Loan – Based on the information you’ve provided, MortgageDirect will offer a range of MORTGAGE PROGRAMS for which you qualify. Select the one that fits your needs. On this screen, you can also get a summary of the cash amount needed for closing, plus estimated monthly payments.
  • Income Info – Provide your employment and salary information.
  • Asset Info – Provide a list of your financial assets, including bank accounts and investments, in order to verify that you have access to sufficient funds to complete the transaction.
  • Expenses Info – List current debts, such as AUTO LOANS , personal loans and credit cards. (MortgageDirect uses this information to review the relationship of your income to your expenses.)
  • Submit App – After a few final questions, simply submit the APPLICATION to Direct Federal and a MORTGAGE SPECIALIST will follow up with you

And that’s it! If you could like to get started right away, you may apply now.

What if I currently have my mortgage with Direct Federal?

If you currently have your first mortgage with Direct Federal, you may qualify for our Streamlined Refinance Program.

If you currently have your first mortgage with Direct Federal, you may qualify for our Streamlined Refinance Program. This programs allows you to refinance your current mortgage at reduced closing costs. To apply, simply complete the standard mortgage application.

What if I have more questions along the way?

If you don’t find the information you’re looking for on our website, feel free to call us at 781.433.2929, email us, or stop in and see us.

If you don’t find the information you’re looking for on our website, feel free to call us at 781.433.2929, email us, or stop in and see us.

We strive to provide our members great rates, easy access and remarkable service. If you have any feedback on how we could improve in these areas, please let us know.

 

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