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 * Why choose Owning
 * Mortgage Calculators
 * For Agents
 * Get Guidance
   * Get Pre-Approved
   * Learn the Mortgage Process
   * Save with a Refinance
   * First Time Homebuyer Guide

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Rate alert: Our rates have dropped. Lock in a new rate today!

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LOW RATE
HIGH LIFE

Save thousands with a lower mortgage rate.1



 * Full approval in one day
 * Rates typically .5% below the competition2
 * Close in as fast as 10 days

Get my rate

 * Calculate potential savings
 * See how much more you can afford


POTENTIAL SAVINGS CALCULATOR


OWNING

$3,920 Monthly Payment
5.375% Rate
5.754% APR


OTHERS’ AVERAGE

$4,376 Monthly Payment
6.394% Rate
6.845% APR
 * Rate
 * APR


YOUR POTENTIAL SAVINGS AFTER 5 YEARS1

$27,359

Loan Term
30 yr 15 yr
Loan Amount: $700,000
$300k $2M
Savings Timeframe
Monthly 3 years 5 years 10 years 15 years
Update

Loan assumptions


CALCULATE HOW MUCH MORE YOU CAN AFFORD


LOAN AMOUNT

Owning

$764,345

Most Others

$703,873


POTENTIALLY HOW MUCH MORE HOME YOU GET

$60,472

Loan Term
30 yr 15 yr
Monthly payment: $4,400
$1,800 $10,000


OWNING

5.625%


OTHERS

6.394%


OWNING

5.979%


OTHERS

6.796%


 * Rate
 * APR

Update

Loan assumptions


YOUR 8-YEAR COST BREAKDOWN

Cost Renting Owning Total Cost $257,489 $257,489 Rent paid (incl. insurance)
$257,489   Down payment lost interest -$13,733   Mortgage (interest & principal)
  $180,251 Property tax   $39,921 Maintenance   $35,019 Insurance   $8,755
Private mortgage insurance   $0 HOA   $4,800 Buying expense   $4,775 Selling
expense   $32,806 Home sale proceeds (excl. down payment)   –-$190,074

Close Modal


LOAN ASSUMPTIONS


30 YEAR ASSUMPTIONS

Sample rate of 5.625%/5.979% APR (annual percentage rate) based on the following
assumptions:

 * Loan Amount: $700,000
 * Down payment: 25.00%
 * 30-year fixed rate
 * 1.493 point(s) = $11,411.67
 * Location: Orange County, CA
 * First Lien position
 * 760 FICO score
 * 30 day rate lock
 * Primary residence
 * 75.00% LTV ratio
 * Debt-to-income ratio: 40%

Advertised rates and APR effective as of 08/24/2024 and are subject to change.

Subject to underwriting guidelines and applicant’s credit profile. Sample
payment does not include taxes, insurance or assessments. Not all applicants
will be approved. The actual interest rate, APR and payment may vary based on
the specific terms of the loan selected, verification of information, your
credit history, the location and type of property, and other factors as
determined by Lender. Contact Owning for more information and up to date rates.


HOW ARE OWNING’S COMPETITORS’ AVERAGE RATES AND APR DETERMINED?

Sample rate of 5.625% and monthly payment of $4,280. For our comparison, we are
using OPTIMAL BLUE MORTGAGE MARKET INDICES which is calculated from actual
locked rates with consumers across 42% of all mortgage transactions nationwide.
Competitors’ average apr is estimated with Owning’s typical fees. Actual
competitors’ fees may vary. The comparison includes information from Optimal
Blue 30-Year Conforming Index, which uses the following assumptions:

 * Single family residences
 * Purchase and rate/term refinances (cash-out refinances are excluded)
 * Conventional loans
 * Loan amounts are below the conforming loan limits by county and year
 * Fixed rate loans
 * Single unit properties
 * Owner occupied residences
 * 30-year amortization term
 * Excludes loans with subordinate financing
 * Retail and correspondent originations (excludes wholesale channel
   originations)

The indices are calculated as the arithmetic mean of the rates of all applicable
locks made on that day. The periodicity is daily, excluding weekends and
holidays due to low volume. There is a slight lag in updating the data which
will be updated overnight with the previous day’s results.


METHODOLOGY

“The OBMMI are calculated with a consistent and measured approach. Each index
represents the average of applicable rates for the day for loans locked on the
Optimal Blue PPE platform by lenders nationwide. To increase the homogeneity of
the rates in each index, transactions are limited to purchase and rate/ term
refinances on owner-occupied, single-family residences, thus eliminating
transactions like cash-out refinances and investor properties that typically
include significant pricing adjustments. Further, the indices are an aggregation
of the actual rates provided to borrowers for rate locks submitted that day,
therefore abstracting away from points bought or sold to avoid a two-part (rate
and points) index. Our view is that this will provide a consistent approach
calculating the index with minimal noise from slight changes in points paid over
time.”

Source:
https://cdn2.hubspot.net/hubfs/4225469/Marketing-Collateral/Rate-Index-Research-Paper.pdf


MONTHLY SAVINGS

Savings, if any, vary based on the consumer’s credit profile, interest rate
availability, and other factors. Contact Owning for current rates. Restrictions
apply.

Close Modal


LOAN ASSUMPTIONS


30 YEAR ASSUMPTIONS

Sample rate of 5.625%/5.979% APR (annual percentage rate) based on the following
assumptions:

 * Loan Amount: $764,345
 * Down payment: 25.00%
 * 30-year fixed rate
 * 1.493 point(s) = $11,411.67
 * Location: Orange County, CA
 * First Lien position
 * 760 FICO score
 * 30 day rate lock
 * Primary residence
 * 75.00% LTV ratio
 * Debt-to-income ratio: 40%

Advertised rates and APR effective as of 08/24/2024 and are subject to change.

Subject to underwriting guidelines and applicant’s credit profile. Sample
payment does not include taxes, insurance or assessments. Not all applicants
will be approved. The actual interest rate, APR and payment may vary based on
the specific terms of the loan selected, verification of information, your
credit history, the location and type of property, and other factors as
determined by Lender. Contact Owning for more information and up to date rates.


HOW ARE OWNING’S COMPETITORS’ AVERAGE RATES AND APR DETERMINED?

Sample rate of 5.625% and monthly payment of $4,280. For our comparison, we are
using OPTIMAL BLUE MORTGAGE MARKET INDICES which is calculated from actual
locked rates with consumers across 42% of all mortgage transactions nationwide.
Competitors’ average apr is estimated with Owning’s typical fees. Actual
competitors’ fees may vary. The comparison includes information from Optimal
Blue 30-Year Conforming Index, which uses the following assumptions:

 * Single family residences
 * Purchase and rate/term refinances (cash-out refinances are excluded)
 * Conventional loans
 * Loan amounts are below the conforming loan limits by county and year
 * Fixed rate loans
 * Single unit properties
 * Owner occupied residences
 * 30-year amortization term
 * Excludes loans with subordinate financing
 * Retail and correspondent originations (excludes wholesale channel
   originations)

The indices are calculated as the arithmetic mean of the rates of all applicable
locks made on that day. The periodicity is daily, excluding weekends and
holidays due to low volume. There is a slight lag in updating the data which
will be updated overnight with the previous day’s results.


METHODOLOGY

“The OBMMI are calculated with a consistent and measured approach. Each index
represents the average of applicable rates for the day for loans locked on the
Optimal Blue PPE platform by lenders nationwide. To increase the homogeneity of
the rates in each index, transactions are limited to purchase and rate/ term
refinances on owner-occupied, single-family residences, thus eliminating
transactions like cash-out refinances and investor properties that typically
include significant pricing adjustments. Further, the indices are an aggregation
of the actual rates provided to borrowers for rate locks submitted that day,
therefore abstracting away from points bought or sold to avoid a two-part (rate
and points) index. Our view is that this will provide a consistent approach
calculating the index with minimal noise from slight changes in points paid over
time.”

Source:
https://cdn2.hubspot.net/hubfs/4225469/Marketing-Collateral/Rate-Index-Research-Paper.pdf


MONTHLY SAVINGS

Savings, if any, vary based on the consumer’s credit profile, interest rate
availability, and other factors. Contact Owning for current rates. Restrictions
apply.

Close Modal


FIND THE RIGHT LOAN FOR YOU


CONVENTIONAL LOANS

By far the most common home loan in America.
Two-thirds of mortgages issued in the U.S. are conventional loans.

Learn more | Get a quote now


FHA LOANS

Lower down payments and reduced income requirements can make buying your first
home
more affordable.

FHA options


JUMBO LOANS

Flexibility to finance high-value properties with access to larger loan amounts
beyond
conventional limits.

Explore jumbo loans


VA LOANS

If you’re an eligible active or Veteran service member, you’re entitled to great
benefits like no down payment and relaxed credit policies.

Loans for the military


DIGITAL HELOCS3

Tap into your home’s equity to consolidate debt, renovate your home and more –
at a rate much lower than most credit cards.

Apply in minutes


HASSLE-FREE
HOME BUYING



AI-powered technology streamlines the process
and reduces costs for you.




START FAST

Full approval in 24 hours.4




FINISH FAST

Close in as fast as 10 days.





> Rates were the lowest quoted
> 
> Incredibly knowledgeable and direct. No false promises or hidden content.
> 
> — Jessica

> Fast, easy and simple
> 
> I was able to do everything through my phone. My Mortgage Specialist was
> always available and quick to respond.
> 
> — Gregory

> Lowest interest rate I found
> 
> Easy and quick loan application process.
> 
> — Maria

> Great team
> 
> Excellent response, competitive pricing, smooth process.
> 
> — Matthew

> A significantly lower rate
> 
> Owning got us a rate significantly lower than any other lender we considered
> 
> — Claire

> Flawless and speedy execution
> 
> All critical dates were hit earlier than expected.
> 
> — David





Compare mortgage rates and 
increase your buying power.

Compare rates


FAQS

Does Owning provide mortgage services in all 50 states?

Owning does business in all states except for Alaska, Nevada, New York, Rhode
Island, Utah and Vermont.

What sets Owning apart as the ideal mortgage lender for borrowers?

Owning is able to deliver the level of customer service that you would expect
from a mortgage lender, but we’re able to provide mortgage rates that are 0.25%
to 0.5% below our competition because of our lean business model. Our
proprietary technology enables us to get your mortgage moved through faster and
easier than our competitors.

How does a home loan through Owning work?

Owning was developed to walk you through the entire mortgage process from
application to closing. Our online application asks you a series of questions to
evaluate your eligibility for a home loan. Then, we use the information you give
us, and your credit report, to provide mortgage options that you can qualify
for.

What kinds of homes can I apply for through Owning?

Most borrowers use Owning to buy or refinance:

 * A single-family home
 * A condo
 * A 2-4 unit building
 * A second home or investment property
 * A townhome
 * A PUD

If you want to buy or refinance something not mentioned above, contact our team
for additional information.

Can I secure a home loan without phone or face-to-face meetings?

There may be some situations in which you’ll need to speak with one of our
experts to answer some questions specific to your mortgage.

Once your application is complete, we may need to call you while we’re working
on finalizing your loan. We’ll use phone calls and emails to communicate
important information about your appraisal, closing and more.

What do I need for my mortgage application?

To start a mortgage application with Owning, we recommend you have the following
information on hand:

 * An email address for each person that will be on the loan
 * Your online banking username and password, or details about how much money is
   in each account you want us to consider for your approval. This can include
   checking and savings accounts, retirement accounts, stocks and other assets.
 * Your income and employer information
 * Your Social Security number

Will applying for a mortgage through Owning impact my credit score?

If you do not have a sales contract we run a soft credit pull which has no
effect on your credit score. Once you send us a sales contract, applying for a
mortgage through Owning, or any mortgage lender, may have a minor effect on your
credit score, lowering it by just a few points. However, checking your credit is
a necessary step for getting a home loan. It allows us to show you real mortgage
options and interest rates – and get you approved.

You have a 45-day window in which multiple credit checks from mortgage lenders
are recorded only once on your credit report. This is so you can shop around for
a mortgage without your credit taking a big hit.


MORE IS POSSIBLE

.5% lower rates = more buying power

Get my rate
 * Why choose Owning
 * Mortgage Calculators
 * For Agents
 * Contact Us
 * Get my rate

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--------------------------------------------------------------------------------

1 Savings, if any, vary based on consumer credit profile, interest rate
availability and other factors. Sample savings amount is provided for
illustrative purposes only. Owning cannot guarantee a borrower will save a
specific amount of money by obtaining a loan. Contact Owning for up to date
rates and to discuss your individual loan options. Borrowers are free to obtain
additional quotes to ensure they are getting the best services and the best
price for those services. Restrictions apply.

2 Source: Optimal Blue – Rate Index Research Paper

3 Guaranteed Rate home equity line of credit (HELOC) is an open-end product
where the full loan amount (minus the origination fee) will be 100% drawn at the
time of origination. The initial amount funded at origination will be based on a
fixed rate; however, this product contains an additional draw feature. As the
borrower repays the balance on the line, the borrower may make additional draws
during the draw period. If the borrower elects to make an additional draw, the
interest rate for that draw will be set as of the date of the draw and will be
based on an Index, which is the Prime Rate published in the Wall Street Journal
for the calendar month preceding the date of the additional draw, plus a fixed
margin. Accordingly, the fixed rate for any additional draw may be higher than
the fixed rate for the initial draw. This product is currently not offered in
the states of New York, Kentucky, West Virginia, Delaware and Maryland. The
HELOC requires you to pledge your home as collateral, and you could lose your
home if you fail to repay. Borrowers must meet minimum lender requirements in
order to be eligible for financing. Available for primary, second homes and
investment properties only. Dependent on minimum credit score and debt-to-income
requirements. Occupancy status, lien position and credit score are all factors
to determine your rate and max available loan amount. Not all applicants will be
approved. Applicants subject to credit and underwriting approval. Contact
Guaranteed Rate for more information and to discuss your individual
circumstances. Restrictions Apply.

4 Owning’s 1 day approvals promotion offers qualified customers who provide
certain required financial information/documentation to Owning within 24 hours
of locking a rate on a mortgage loan the opportunity to receive a loan approval
within 1 business day of timely submission of documentation and does not suggest
that the borrower will receive funding on the same day as their application
submission. For purposes of this offer, documents provided after 1 pm local time
or on a weekend or company holiday will be deemed submitted the next business
day. Owning cannot guarantee that a loan will be approved or that a closing will
occur within a specific timeframe. Owning reserves the right to revoke this
approval at any time if there is a change in your financial condition or credit
history which would impair your ability to repay this obligation. Read and
understand your Loan Commitment before waiving any mortgage contingencies.
Borrower documentation and Intent to Proceed must be signed within 24 business
hours of receipt. Not eligible for all loan types or residence types. Minimum
down payment requirements apply. Self-employed borrowers are not eligible. Not
all borrowers will be approved. Borrower’s interest rate will depend upon the
specific characteristics of borrower’s loan transaction, credit profile and
other criteria. Not available in all states. Restrictions apply. Visit
owning.com/one-day-approval for terms and conditions.

Owning is a private corporation organized under the laws of the State of
Delaware. It has no affiliation with the US Department of Housing and Urban
Development, the US Department of Veterans Affairs, the Nevada Department of
Veterans Services, the US Department of Agriculture, or any other government
agency. No compensation can be received for advising or assisting another person
with a matter relating to veterans’ benefits except as authorized under Title 38
of the United States Code.

Savings, if any, vary based on consumer credit profile, interest rate
availability, and other factors. Restrictions apply.

Owning is a division of Guaranteed Rate, Inc, NMLS #2611 Headquarters: 3940 N
Ravenswood, Chicago IL 60613

For licensing information, go to: www.nmlsconsumeraccess.org
Licensing | Arizona License #1031233
This site is not authorized by the New York State Department of Financial
Services. No mortgage solicitation activity or loan applications for properties
located in the State of New York can be facilitated through this site.
Licensed by the Department of Financial Protection and innovation under the
California Residential Mortgage Lending Act.
DO NOT SELL MY PERSONAL INFORMATION | Mortgage disclosures | Notice to vendors |
Privacy Center | SMS Terms | Terms of Use | Texas Consumers: How to file a
complaint | Web Accessibility | Reconsideration of Value
© 2024 Guaranteed Rate, Inc dba Owning. All Rights Reserved.