Current Jumbo Oakland Home Loan Rates
Traditional mortgages that fall into a set of characteristics set by the government are called “conforming” loans. Mortgages that fall outside of these parameters, most often because the principal balance is much larger than usual, are referred to as “non-conforming” or “jumbo” loans. Oakland home loan rates will often be a bit different for jumbo mortgages as compared to conventional loans in the area, so it’s important to research jumbo mortgage rates if you’re planning to take on a big loan.
Best Oakland Jumbo Home Loan Rates: 15-Year Fixed
- Compass Lending Corporation: 3.750% APR
- Freedom Mortgage: 3.765% APR
- Aurora Bank: 3.772% APR
Lowest Jumbo Oakland Home Loan Rates: 30-Year Fixed
- Nations Choice Mortgage: 4.519% APR
- AVEX Funding: 4.532% APR
- AimLoan.com: 4.534% APR
Top Jumbo Mortgage Rates in Oakland: 5/1 ARM
- Interbank: 2.672% APR
- AVEX Funding: 2.773% APR
- Home Loan Enterprise: 2.843% APR
These rates are based on a principal loan amount of $500,000 and are accurate as of May 17, 2011. Rates are subject to change at any time and you may be offered a different rate based on your credit.
