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!
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