Prominent Lending Group, Inc.

About Rates

About Rates

The rate of interest charged on a mortgage. Mortgage rates are determined by the lender in most cases, and can be either fixed (stay the same for the term of the mortgage) or variable (fluctuate with a benchmark interest rate). Mortgage rates rise and fall with interest rates and can drastically affect the homebuyers' market.

The borrower's credit score can often play a role in the rate charged on a mortgage and the size of mortgage loan they are able to obtain. The rate charged ultimately determines the cost of the mortgage and the amount of the monthly payment.

NMLS Unique Identifier # 23464, Click here for NMLS Consumer Access   Equal Housing Lender

© 2021 Prominent Lending Group, Inc., 600 Anton Blvd FL 11, Costa Mesa, California, 92626-7100. All rights reserved. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.