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Today’s Rates and Loan Assumptions

First Mortgage

Conforming rates and APR assumes a loan amount of 417,000, an owner-occupied single family residence or condominium, a minimum 740 credit score, a loan to value of 60%, and a 30 day rate lock. The APR calculations assume a purchase transaction in Los Angeles, California with escrows for property taxes.

Jumbo rates and APR assumes a loan amount of 750,000, a purchase transaction, an owner-occupied single family residence or condominium, a minimum 780 credit score, a loan to value of 60%, and a 30 day rate lock. The APR calculations assume a purchase transaction in Los Angeles, California with escrows for property taxes.

If these factors are not met, you may still qualify for financing but higher rates or costs may apply. Qualification is subject to underwriting approval. Not all loan applicants will qualify.

Click here for access to our mortgage loan calculators

Rates, loan products & fees are subject to change without notice. Your rate and term may vary. If you do not lock in a rate when you apply, your rate at closing may differ from the rate in effect when you applied. Not all applicants will be approved, full income documentation & property insurance required. Mortgages are secured by a lien against your property. Consolidating or refinancing debts may increase the time and/or the finance charges needed to repay your debt. Terms, conditions & restrictions apply. Call for details.

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No Lender Fees Mortgage Option

EmpireAmerica, Inc. offers the No Lender Fees Option on all first mortgage loan products, and is available on refinance, cash out and purchase transactions. EmpireAmerica, Inc. will provide a Lender Credit to pay, at closing, the Guaranteed Lender Fee portion of the Borrower’s closing costs. The minimum loan amount in California is $200,000. Minimum loan amount in all other states is $250,000.

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No Closing Costs Mortgage Option

EmpireAmerica, Inc. offers the No Closing Cost Option on all first mortgage loan products, and is available on refinance, cash out and purchase loan transactions. EmpireAmerica will pay all of the Borrower’s closing costs except: Prepaid interest, property taxes, state mortgage taxes, lender payoff fees and any type of insurance. Minimum loan amount in California is $250,000. Minimum loan amount in all other states is $300,000.

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Guaranteed Lender Fee

EmpireAmerica, Inc. charges a flat fee of $1949 as a Lender Origination Fee to cover all of lender’s costs. This Lender Fee can and usually is, offset by the Lender Credit, please see No Lender Fees Option. If the borrower elects not to choose a rate that offers a Lender Credit to pay costs and fees, the borrower(s) will be responsible for paying the Lender Fee and all third party charges, including but not limited to: discount points to buy down the interest rate or to cover loan level pricing adjustments, appraisal fees, notary fees, charges for title insurance, escrow or closing fees and recording fees. The borrower is also responsible for paying prepaid interest, property taxes, State mortgage and transfer taxes, insurance, mortgage insurance and existing lender payoff(s) and associated fees.

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Equal Housing Lender

We conduct business in accordance with the Federal Fair Housing Law (Fair Housing Amendments Act of 1988). It is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status, or national origin:

  • In the sale or rental of housing
  • In advertising the sale or rental of housing
  • In the financing of housing
  • In the provision of real estate brokerage service
  • In the appraisal of housing
  • Blockbusting is also illegal

Anyone who feels he or she has been discriminated against may contact the management of this financial institution or file a complaint of housing discrimination:

Office of Fair Housing and Equal Opportunity
Department of Housing and Urban Development
Room 5204
451 Seventh St. SW
Washington, DC 20410-2000

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Fair Lending Policy

It is our policy to comply with the Equal Credit Opportunity Act and the Fair Housing Act. EmpireAmerica does not discriminate against any applicant on the basis of race; color; religion; creed; national origin; ancestry; sex; marital status; familial status (number and age of children); sexual orientation; age (provided that the applicant has the capacity to enter into a binding agreement); medical history; disability; physical condition; military status; because the applicant has in good faith exercised any right under the Consumer Credit Protection Act or the Service members Civil Relief Act (SCRA); that all or part of a consumer’s income derives from a public assistance program; or any other basis prohibited by law.

At EmpireAmerica, we do not discriminate against any applicant or discourage anyone on a prohibited basis from submitting an application. To assure that our employees have a clear and unequivocal statement of our commitment to a nondiscriminatory method of doing business, we have adopted the following fair lending policy. Employees must be thoroughly familiar with this policy and follow it.

  1. We do not discriminate against a loan applicant or borrower on the basis of race, color, religion, national origin, sexual orientation, handicap, age, the fact that all or part of an applicant’s income comes from any public assistance program or because the applicant has exercised any right under any relevant state or federal law.
  2. We do not selectively encourage applicants and we take no action that would, on a prohibited basis, discourage a reasonable person from applying for a mortgage loan.
  3. We do not, on a prohibited basis, refuse to make a loan, vary the terms offered including the amount, interest rate, period or type of loan, or use different standards to evaluate collateral or decide whether to extend credit.
  4. We avoid practices or policies that have a discriminatory effect. This rule applies to all phases of our mortgage lending business. It applies even though we do not intend the policy or practice to be discriminatory and even if the policy or practice appears to be neutral.
  5. We have adopted nondiscriminatory loan underwriting standards that avoid subjective, unwritten rules that can have a discriminatory effect. We make these underwriting standards public upon request at each of our offices.
  6. We make sure that our scoring system is empirically derived and statistically sound and uses no prohibited basis other than age as a predictive factor.
  7. We train our loan personnel in the principles of fair processing and underwriting.
  8. Our Quality Control Manager regularly reviews both our loan underwriting standards and the business practices by which we implement them to determine whether they ensure equal lending opportunity and reports to management.
  9. We periodically review our loan portfolio and applications to make sure that we are serving the community adequately and on a nondiscriminatory basis in light of the community’s demographic characteristics and credit demands.
  10. We conspicuously display the poster in a public area of each of our facilities stating that we are ascribing to the Equal Housing Act. Additionally, on all forms of advertisements, regardless of media, we include the Equal Housing Opportunity logo and/or the Equal Housing Opportunity slogan.

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The Housing Financial Discrimination Act of 1977, California Fair Lending Notice

It is illegal to discriminate in the provision of or in the availability of financial assistance because of the consideration of:

Trends, characteristics, or conditions in the neighborhood or geographic area surrounding a housing accommodation, unless the financial institution can demonstrate in the particular case that such consideration is required to avoid an unsafe and unsound business practice.

Race, color, religion, sex, marital status, national origin, or ancestry.

It is illegal to consider the racial, ethnic, religious, or national origin composition of a neighborhood or geographic area surrounding a housing accommodation, or whether or not such composition is undergoing change, or is expected to undergo change, in appraising a housing accommodation or in determining whether or not, and under what terms and conditions, to provide financial assistance. These provisions govern financial assistance for the purpose of the purchase, construction, rehabilitation, or refinancing of one- to four-unit family residences occupied by the owner and for the purpose of the home improvement of any one to four-unit family residence.

If you have any questions about your rights, or if you wish to file a complaint, contact the management of this financial institution or:

Department of Real Estate
P O Box 187000
Sacramento CA 95818-7000
Tel: (877) 373-4542

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Important Information regarding Mortgage Lending

To prevent fraud and to assist government agencies in fighting the funding of terrorism through money laundering activities, we are obtaining, verifying, and recording information that identifies each person who applies for and/or obtains a mortgage loan. What this means: when you apply for and/or obtain a mortgage loan, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.