The annual percentage rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. It does not take into account any processing fee or any other loan-specific finance charges you may be required to pay. Rates are estimated by state and actual rates may vary. Rates displayed in the table are based on the following assumptions: conforming 30-year fixed, on a loan amount of $600,000 with a down payment of 25%.  All loans assume a single-family residence; purchase loan; mortgage rate lock period of 60 days and customer profile with excellent credit. Payment scenarios do not include taxes or insurance and the actual payment obligation will be greater. The above table is not a substitute for a loan estimate, which includes an estimate of closing costs you will receive once you apply for a loan. This is NOT a mortgage loan approval or commitment to lend. The actual fees, costs, and monthly payment on your specific loan transaction may vary, and may include city, county, or other additional fees and costs. The above mortgage loan information of competitors is obtained by Home Loans Today through its own research of certain mortgage loan terms from lenders posted rates with similar loan criteria.  Please visit the listed websites to verify the rates provided in this table.  Rates, terms, and fees of competitors listed are captured from their individual websites throughout the day.