Rates so low it’s insane

10 MINUTES CAN SAVE YOU
THOUSANDS ON MORTGAGE PAYMENTS

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Calculate potential savings
See how much more you can afford

Owning

$2000
Monthly Payment: 6.250%
Rate: 6.436%
APR

Others’ average

$2400
Monthly Payment: 7.1%
Rate: 7.311%
APR

Your Potential Savings¹

$400

Loan Term

30 yr 15 yr

Loan Amount

$300k $400k $500k $600k $700k

Savings Timeframe

Monthly 3 years 5 years 10 years 15 years

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

Loan assumptions

__SELECTED_TERM_HOLDER__ Year Assumptions

Sample rate of __RATE_APR_HOLDER__ APR (annual percentage rate) based on the following assumptions:

Down payment: __DOWN_PAYMENT_PERCENTAGE_HOLDER__
__SELECTED_TERM_HOLDER__-year fixed rate
__POINTS_HOLDER__ point(s) = __POINTS_PAYMENT_HOLDER__
Location: Orange County, CA
First Lien position
__FICO_SCORE_HOLDER__ FICO score
__DAY_RATE_LOCK_HOLDER__ day rate lock
Primary residence
__LTV_RATIO_HOLDER__ LTV ratio
Debt-to-income ratio: 40%

Advertised rates and APR effective as of __APR_EFFECTIVE_DATE_HOLDER__ 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 6.815% and monthly payment of $4,740.23. 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.

Loan assumptions

__SELECTED_TERM_HOLDER__ Year Assumptions

Sample rate of __RATE_APR_HOLDER__ APR (annual percentage rate) based on the following assumptions:

Down payment: __DOWN_PAYMENT_PERCENTAGE_HOLDER__
__SELECTED_TERM_HOLDER__-year fixed rate
__POINTS_HOLDER__ point(s) = __POINTS_PAYMENT_HOLDER__
Location: Orange County, CA
First Lien position
__FICO_SCORE_HOLDER__ FICO score
__DAY_RATE_LOCK_HOLDER__ day rate lock
Primary residence
__LTV_RATIO_HOLDER__ LTV ratio
Debt-to-income ratio: 40%

Advertised rates and APR effective as of __APR_EFFECTIVE_DATE_HOLDER__ and are subject to change.

How are Owning’s competitors’ average rates and APR determined?

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)

Methodology

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.

Designed to get you more

See how we revolutionized the mortgage process for you

custom built to save you money

Laser-focused on one type of loan
We only do loans up to $750k with a credit score above 640 and no self-employed income.

Unmatched technology
Automating literally everything reduces a bunch of the manual work normally needed.

Crushed costs
By going digital, overhead costs like rent and utilities are erased.

No commissions
Standard salespeople have been traded in for our Mortgage Specialists to help you through the process.

All those savings are passed to you, giving you insanely low mortgage rates.

Apply now

October 6, 2023

Rates were the
lowest quoted

Incredibly knowledgeable and direct. No false promises, or hidden content.
— Jessica

October 24, 2023

Fast, easy, and simple

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

February 20, 2023

Lowest interest
rate I found

Easy and quick loan application process.
— Maria

July 10, 2023

Great team

Excellent response, competitive pricing,
smooth process.
— Matthew

June 13, 2023

A significantly
lower rate

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

April 12, 2023

Flawless and speedy execution

All critical dates were hit earlier than expected.
— David

The A’s To Your Q’s

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 type of loans does Owning specialize in?

We focus on both purchase and refinance loans under $750,000* for borrowers with a credit score over 640 without self-employed income.

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.

Get in your Owning era

Qualify in 5 minutes. Approval in 1 day.²

Apply now

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Rates so low it’s insane

Potential savings calculator

Owning

Others’ average

Your Potential Savings1

Calculate how much more you can afford

Loan Amount

Potentially how much more home you get

Owning

Others

Owning

Others

Your 8-year cost breakdown

Loan assumptions

__SELECTED_TERM_HOLDER__ Year Assumptions

How are Owning’s competitors’ average rates and APR determined?

Methodology

Monthly Savings

Loan assumptions

__SELECTED_TERM_HOLDER__ Year Assumptions

How are Owning’s competitors’ average rates and APR determined?

Methodology

Monthly Savings

Designed to get you more

custom built to save you money

The A’s To Your Q’s

Get in your Owning era

The best for your clients

Your Potential Savings¹