30 Year Mortgage Rate at 3.625% from Garden State Home Loans

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Garden State Home Loans, based in Cherry Hill, NJ, is offering the lowest 30 year conforming mortgage rate on our rate table today. GSHL is currently advertising 30 year rates at 3.625 percent with 1.125 points. If you don't want to pay points on a mortgage, GSHL is also quoting 30 year rates at 3.75 percent with no points.

Paying 1.125 points for a rate that is only 0.125 percent lower isn't worth it. On a $400,000 loan, a borrower will have to pay $4,500 more upfront to secure the slightly lower rate. Typically lenders will give the borrower a 0.25 percent lower rate for 1 mortgage point.

GSHL's National Mortgage Licensing System Identification Number is 473163. GSHL has been a BBB Accredited Business since 3/27/2012. The company has an A+ rating with the BBB and there were only 2 complaints over the past few years and they were both resolved to the complainant's satisfaction.

You can use our mortgage rate table to see if GSHL is offering loans in your state. You can also get a customized quote by going GSHL's website at gardenstateloans.com or by calling GSHL at (888) 612-4604.

Author: Brian McKay
December 3rd, 2015