Purchase a Home
House hunting? Take your rate along.
Our Lock & Shop program lets you lock in a discounted mortgage rate for up to 90 days while you find your perfect home.
- Discounted rates
- Up to a 90-day rate lock
We’ll save you more
Whether it's your first home, forever home, or something in between, our experts can help. We offer low rates, fewer fees, and faster service on conventional, FHA, VA, and USDA mortgages.
- Find the best possible rate.
- Save on closing costs.
- No origination, processing, or credit report fees.
SELCO Mortgage's Tim Booher is the best! A loan officer like him is rare. I wish everybody would follow his lead when it comes to customer service. He is at the top of his league.
We'll help crunch the numbers
Not sure how much home you can comfortably afford? Let our loan officers help break down the costs across different loan terms so you know all your options.
Current Mortgage Rates
| Product Type | Rate | APR |
|---|---|---|
| 15 Year Fixed (Conforming) | 6.375 % | 6.587 % |
| 30 Year Fixed Conventional | 6.750 % | 6.883 % |
| 30 Year FHA | 5.750 % | 6.559 % |
| 30 Year VA | 6.000 % | 6.054 % |
| 30 Year USDA Rural Home Purchase | 6.000 % | 6.379 % |
| 30 Year Conventional Manufactured Home | 6.750 % | 6.930 % |
| 30 Year FHA Manufactured Home | 6.000 % | 6.814 % |
| 30 Year VA Manufactured Home | 6.250 % | 6.565 % |
Lowest annual percentage rates shown. APR is based on individual credit qualifications and may be higher.
15 year home loan payment example: On a loan for $400,000 at 6.537% APR for 180 months (15 years), borrower would make 180 payments of $3,429.69.
30 year home loan payment example: On a loan for $400,000 at 6.676% APR for 360 months (30 years), borrower would make 360 payments of $2,528.27.
Resources
First-Time Home Buyer? Get to Know Homeowners Insurance
Once you buy your new home, it's time to get to know the ins and outs of homeowners insurance to protect your investment.
Demystifying Mortgage Terms, Part I
The financial industry is full of confusing terms. If you’re buying a home for the first time, a lot of terms will be thrown at you. Familiarizing yourself with them now will save you some head-scratching later.
Organizing Your Household Finances
Learn how an organizing system for your financials can make all the difference. Whether it’s in a bulky metal filing cabinet or secure folders on your computer, the first thing to do is build a system.
Buying a Home During Winter
Winter may not be the prime season for buying a home. But there are some surprising benefits of finding your dream home in the coldest months.