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Competitive Home Lending
Home
Mortgage Rates
Home Loans
  • Loan Programs
  • Bridge Loans
  • Construction Loan
  • Conventional Loans
  • FHA
  • HELOC
  • Refinance
  • Reverse Mortgage
  • VA Loan
Mortgage Calculators
  • Closing Costs Calculator
  • Down Payment Calculator
  • Investment Property Calc
  • Lender Credit Calculator
  • More Buying Power Calc
  • Mortgage Recast
  • Temporary Rate Buydown
  • Title Insurance Cost Calc
APPLY NOW
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  • Home
  • Mortgage Rates
  • Home Loans
    • Loan Programs
    • Bridge Loans
    • Construction Loan
    • Conventional Loans
    • FHA
    • HELOC
    • Refinance
    • Reverse Mortgage
    • VA Loan
  • Mortgage Calculators
    • Closing Costs Calculator
    • Down Payment Calculator
    • Investment Property Calc
    • Lender Credit Calculator
    • More Buying Power Calc
    • Mortgage Recast
    • Temporary Rate Buydown
    • Title Insurance Cost Calc
  • APPLY NOW
  • Home
  • Mortgage Rates
  • Home Loans
    • Loan Programs
    • Bridge Loans
    • Construction Loan
    • Conventional Loans
    • FHA
    • HELOC
    • Refinance
    • Reverse Mortgage
    • VA Loan
  • Mortgage Calculators
    • Closing Costs Calculator
    • Down Payment Calculator
    • Investment Property Calc
    • Lender Credit Calculator
    • More Buying Power Calc
    • Mortgage Recast
    • Temporary Rate Buydown
    • Title Insurance Cost Calc
  • APPLY NOW

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Wholesale Rates From The Best Mortgage Lenders

Competitive Home Lending is authorized to offer mortgage loans from the nation's top mortgage companies at lower wholesale rates.

Its the Best Way to Get a Mortgage Loan!

Monthly Mortgage Payment Calculator

How Wholesale Mortgages Can Save You Money

 Unlock Lower Mortgage Rates with Wholesale Mortgages
 

By partnering with top mortgage lenders, wholesale mortgage brokers like Competitive Home Lending can offer you lower interest rates on your home loan. It's the same high-quality loan you'd get from a big bank, but at a more affordable price.

Home Loan Options

3 Ways to Save Thousands with a Lower Mortgage Rate

Save Thousands with Direct-to-Consumer Wholesale Rates

Save Thousands with Direct-to-Consumer Wholesale Rates

Save Thousands with Direct-to-Consumer Wholesale Rates

Example of the interest savings with a lower mortgage rate.

Save 25-75 bps on Your Mortgage Rate 
Competitive Home Lending brings wholesale mortgage rates directly to you. That means you can save thousands on your home loan without the need for a mortgage broker.
Call Us Today to Get Started!

Calculate Savings

Offset Closing Costs with Lender Credits

Save Thousands with Direct-to-Consumer Wholesale Rates

Save Thousands with Direct-to-Consumer Wholesale Rates

Reduce out-of-pocket expense for buying a home.

Reduce Your Closing Costs

 

Use the savings from a wholesale rate to offset your closing costs. With Competitive Home Lending, you can reduce your out-of-pocket expenses and get into your dream home sooner. Contact Us Today to Learn More!

Calculate Closing Costs

Increase Your Purchasing Power

Save Thousands with Direct-to-Consumer Wholesale Rates

Increase Your Purchasing Power

Qualify for a larger loan without a larger payment.

Buy More Home for the Same Payment
 

A wholesale mortgage rate can help you qualify for a larger home loan without increasing your monthly payment. 
Unlock Your Full Buying Power - Apply Today!

Calculate Buying Power
Apply Now!

Your Guide to Securing the Lowest Mortgage Rate

Take the Next Step Towards Your Dream Home

  • Find Your Perfect Home Loan Match: Discover the best home loan options for your unique needs.
  • Educate Yourself: Learn the ins and outs of various home loan options to make an informed decision. 
  • Let's Chat: Schedule a free consultation with a local expert.

Apply Now!

Understanding and Reducing Closing Costs

Minimize Your Closing Costs 


Closing costs can add up quickly. But with a wholesale mortgage from Competitive Home Lending, you can reduce these fees and save thousands. A lower interest rate can also increase your buying power, allowing you to purchase a larger home. 

Closing Costs Calculator

Key Factors Influencing Your Mortgage Rate

Almost everyone will need a mortgage loan to purchase a home or refinance a mortgage. And yet, not everyone is aware of the factors that go into current mortgage rates. A variety of factors can influence the mortgage rates homebuyers pay. Here are a few of the most important factors that affect mortgage rates today. 

The Federal Reserve Bank

For much of US history, a central bank has served as an important national tool to maintain stability in the banking community and the economy at large. Today’s Federal Reserve has a mandate under federal law to set the interest rates banks charge each other for overnight loans. This is called the prime rate. Mortgage lenders use the prime rate as a benchmark for the mortgage interest rates they charge consumers. Mortgages rates will move accordingly when the Federal Reserve adjusts the target rate. Surprisingly, mortgage interest rates in some areas could be lower than current mortgage rates due to targeted area incentives. Contact Us to find out about targeted areas that benefit from lower rates. 

Home Location

Mortgage rates can change slightly from state to state. Since some states have a higher foreclosure rate, this may be reflected in their current mortgage rates. Some states with sound economies also have higher interest ratesdue to laws that make foreclosures more difficult. This free tool from the Consumer Federal Protection Bureau can help mortgage rate shoppers to get an idea of what to expect in any given state. Remember, wholesale mortgage rates are always lower than retail mortgage rates! 

Credit Score

One of the main factors in the determination of an individual buyer’s mortgage interest rate is their credit score. Credit ratings companies assess each individual in terms of their risk. This level of assigned risk can affect mortgage interest rates. Contact Us if you want to discuss credit score requirements for home loans, or if you want an idea of current mortgage rates based on your credit score. 


Three credit ratings companies determine scores using the FICO scale. FICO scores come from evaluations of the following areas:

  • Payment history (35 percent)
  • Debt burden (30 percent)
  • Length of credit history (15 percent)
  • Credit inquires and credit history length (each 10  percent)


Available credit compared to credit used is an important factor in determining creditworthiness. Our in-house loan officers can access tools such as credit simulators and advise on how best to boost scores and other tactics.

Terms and Conditions of the Mortgage Loan

Homebuyers have some power over lowering their own home loan rates beyond improving credit scores. First, they can lower mortgage rates by reducing the loan-to-value (LTV) ratio, thus reducing the mortgage lender's perceived risk. Providing a larger down payment creates more equity in the property. Increasing the borrower's home equity can increase the borrower's commitment to make on-time mortgage payments. Those who cannot pay at least 20 percent upfront may need to purchase mortgage insurance (MI) to keep their lender's risk level low. Talk to our loan officer about mortgage rates on low down payment mortgage loans.


Another option that homebuyers have is choosing between mortgage types. A fixed rate mortgage locks in the mortgage rate paid at the time of purchase. Adjustable rate mortgages (ARM) can start with a lower mortgage rate but can be adjusted based on its mortgage rate index. Contact Us if you need help deciding between a fixed mortgage rate or an ARM. 

Home Equity Loans

Often homeowners wish to take out mortgage loans on the equity they have earned as they pay off their original mortgage. Typically, they use a home equity loan for home renovations, expansions, or other kinds of upgrades. These loans can also come in fixed mortgage rate or variable mortgage rate types as described above.

Best Mortgage Rate Tips

  • Credit Score and Rate Chart
  • Rate Trend Chart
  • Minimum Credit Score

Apply Now

When Will Mortgage Rates Drop?

While mortgage professionals cannot predict the exact timing of future rate drops, understanding the factors that influence them can be helpful. Here are some tips to stay informed:

  • Monitor Economic Indicators: Keep an eye on economic indicators like inflation, unemployment rates, and Federal Reserve policies. These factors can significantly impact mortgage rates.
  • Follow Financial News: Stay updated on financial news and market trends. News outlets often discuss potential rate changes and their implications.
  • Consult with a Mortgage Professional: A qualified mortgage professional can provide personalized advice and help you understand the current market conditions and short-term strategies to leverage the most savings. 


Why Keep Checking Our Rates?

  • Frequent Updates: We're committed to providing you with the most up-to-date information on mortgage rates.
  • Competitive Rates: We work hard to secure competitive rates for our clients.
  • Expert Guidance: Our team of experienced professionals is ready to assist you throughout the homebuying process.


By staying informed and taking advantage of our competitive rates, you can make informed decisions and achieve your homeownership goals.


Remember, timing is crucial when it comes to mortgage rates. By checking our website regularly, you can capitalize on favorable market conditions and secure the best possible rate.

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