Detrick Mortgage Group

Our foundation is built on INTEGRITY, CUSTOMER SERVICE, TIMELY COMMUNICATION and CUSTOMIZED FINANCING SOLUTIONS to meet our Clients needs.

Our History

Founded by family members in 1994, Detrick Mortgage Group is an independent mortgage brokerage corporation which now boasts three generations in the firm and exceeding $1 Billion in funded loans. We strive to be your real estate financing resource from your first starter home to the forever dream home. Please contact us for purchase financing or to refinance an existing loan.

Our Lenders

Our Company’s investor list allows us to offer our Clients single Loan Application access to:
Bank of America, JP Morgan Chase, Finance of America, Luther Burbank Savings, Michigan Mutual, Redwood, United Wholesale Mortgage, or Wells Fargo

Current Rates

Purchase & Refinance Fixed Rate and ARM Programs

Rates Current as of: 01/19/23

Agency Conforming

Max 97% LTV to $726,200

Term	Rate	APR
30-Year Fixed	5.375%	APR 5.535
20-Year Fixed	5.125%	APR 5.310
15-Year Fixed	4.375%	APR 4.575

Agency High Balance

Max 95% LTV to $1,089,300

Term	Rate	APR
30-Year Fixed	5.500%	APR 5.635
20-Year Fixed	5.375%	APR 5.410
15-Year Fixed	4.750%	APR 4.975

Non-Conforming Jumbo

Max 95% LTV to $1,000,000
Max 90% LTV to $1,500,000
Max 80% LTV to $2,000,000

Term	Rate	APR
30-Year Fixed	6.125%	APR 6.321
15-Year Fixed	5.875%	APR 6.010
5/1 ARM*	5.500%	APR 5.953

*Converts to 1-Yr CMT + 2.875 Margin

Rates are quoted at 1.0 POINT with a 30-DAY LOCK for Owner Occupied SFR. Contact us for 0 Point Interest Rate Quotes
Priced with a 740 FICO, Full Documentation, and Rates are Subject to Change
Agency Conforming and High Balance Loan Level Pricing Adjustments vary with LTV, FICO Score, Occupancy, Purpose, and Property Type
Jumbo Maximum LTVs and Loan Level Pricing Adjustments vary

CalDRE 01116524 and NMLS 233882

Please gather the following applicable documents in preparation to submit your loan application- Adobe PDF is the preferred format of our lending partners.

Salaried/Wage Earner:

Valid Photo ID (Driver’s License, Passport, etc.)
Current Pay Stubs covering 30 days of Earnings
Most recent 2 Year’s W-2 Forms
Most recent 2 Year’s filed 1040 Federal Tax Returns (Include all pages, Schedules, and K-1’s)
Most recent 2 Month’s Formal Account Statements from checking, savings, mutual funds, money market, stock brokerage, IRA’s, 401k, etc.
For all Real Estate Owned:
- Current Mortgage Statement
- Homeowner’s Insurance Declaration Page
- Monthly HOA Dues Statement

Self Employed Additions:

Most Recent 2 Year’s filed 1065 or 1120 Federal Tax Returns if >25% Ownership
YTD Profit & Loss Statement
Most recent 3 Month’s Formal Account Statements from Business checking
Copy of Business License

Client Testimonials

Thank you once again for the excellent customer service that you provide. Both times we have worked together you have made what can be a paper nightmare a piece of cake from start to finish. A+++ all the way.

Ed and Deb M

Thank you so much for all of your help throughout this process! It is such a relief and blessing to work with people we trust when it comes to big decisions like refinancing our house.. Your insight and guidance were (as always!) so appreciated.

Steve W

Thank you so much for your professionalism and patience in making this refinance happen!

Dale M