1Rate 7.274% with an APR of 7.431% as of 12/26/2024 12:30 PM EST. The APR calculation is based on a 30-year fixed-rate mortgage in the amount of $240,000 for the purchase of a single-family, primary residence with 80% loan-to-value (LTV) or 20% down payment, minimum borrower credit score of 740, and estimated points of 1% of the loan amount, and origination fee of $1,295 with 360 monthly payments in the amount of $1,641. Payment amount does not include taxes and insurance which means your monthly obligation will be greater. Actual payment amount will vary based upon credit history, rates in effect at the time of consummation, LTV and other credit factors. A LTV ratio above 80% may result in a need for mortgage insurance. If mortgage insurance is required, the amount of your payment will increase. The APR is subject to change at any time prior to consummation, and individual APRs may vary for loan purchases and loan refinances due to loan programs being offered, loan volume, or other factors. All borrowers are subject to qualification, underwriting approval, lender terms and conditions. Terms, conditions, and rates are subject to change without notice.
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Before you go
Cindy Salem
Sr Loan Advisor NMLS ID: 404682
Garden City, NY 11530
Whether you're a first-time buyer, purchasing a second home or simply refinancing, I can personalize a home lending solution that’s tailor-fit to your needs.
I am a senior loan officer who provides expert financial advice on mortgages for first-time homebuyers and existing homeowners.
I have the knowledge and expertise to guide you through the mortgage loan process. You will be given all of the knowledge, information, and options you need to make a wise financial decision regarding your new home loan. I can help you and answer questions on any residential mortgage product, including purchase, refinance, FHA, VA, conventional, or construction loans.
I would love to personally help you find the best home loan solution for your specific needs. Please call me or email me today. Let’s begin the search for the loan that is just right for you.
Mortgage Specialization
- Adjustable-Rate Mortgages
- Condominium Financing
- Construction Loans
- FHA Government Loans
- First-Time Home Buyer Programs
- Fixed-Rate Mortgages
- Investment Property Loans
- Jumbo Loans
- Low-to-Moderate Income Lending Program
- Pre-Qualifications
- Professional Loans
- Renovation Loans
- Second Homes
- USDA Rural Housing
- VA Government Loans
Client Testimonials
What to Expect
We get it: Purchasing a home or refinancing your mortgage is a big deal, and having a relationship with the right lender is essential. Get started by connecting with an experienced and trusted Flagstar home loan advisor. Starting on Day 1, we'll work with you to find the type of loan that suits your needs, and guide you through the lending process to make it as smooth and stress-free as possible.
Please select your lending process
- Purchase a home
- Refinance your home
Pre-qualify & Gather Financials
Submit your financial information and we'll give you a personalized estimate for your loan.
Pre-approval
Once you're pre-approved, we'll coordinate with the escrow or title company
Loan Review
Once your offer is accepted, we'll pass along your information to our underwriters to lock your mortgage interest rate.
Loan Approval
Once our underwriters approve your loan, we'll get you ready for closing.
Close & Receive your funds
We’ll close your loan and wire your funds into escrow so you can complete your home purchase.
Loan Application
Complete a loan application online, and submit the necessary financial documents.
Appraisal
We'll conduct an appraisal of your property to determine its current value.
Underwriting Approval
Once our underwriters approve your loan, we'll get you ready for closing.
Loan Signing & Funding
We'll close your loan and wire your funds into escrow so you can access your funds.
Find the loan product that's right for you.
Are you looking to purchase a new property or refinance an existing one?
Today's Rate
| Mortgage | Rate | APR |
|---|---|---|
| 30-Year Fixed | 7.274% | 7.431% 1 |
| 15-Year Fixed | 6.517% | 6.764% 2 |
| FHA 30-Year Fixed | 5.958% | 6.841% 3 |
2Rate 6.517% with an APR of 6.764% as of 12/26/2024 12:30 PM EST. The APR calculation is based on a 15-year fixed-rate mortgage in the amount of $240,000 for the purchase of a single-family, primary residence with 80% loan-to-value (LTV) or 20% down payment, minimum borrower credit score of 740, and estimated points of 1% of the loan amount and origination fee of $1,295 with 180 monthly payments in the amount of $2,093. Payment amount does not include taxes and insurance which means your monthly obligation will be greater. Actual payment amount will vary based upon credit history, rates in effect at the time of consummation, LTV and other credit factors. A LTV ratio above 80% may result in a need for mortgage insurance. If mortgage insurance is required, the amount of your payment will increase. The APR is subject to change at any time prior to consummation, and individual APRs may vary for loan purchases and loan refinances due to loan programs being offered, loan volume, or other factors. All borrowers are subject to qualification, underwriting approval, lender terms and conditions. Terms, conditions, and rates are subject to change without notice.
3Rate 5.958% with an APR of 6.841% as of 12/26/2024 12:30 PM EST. The APR calculation is based on a 30-year fixed-rate mortgage in the amount of $240,000 for the purchase of a single-family, primary residence with 96.5% loan-to-value (LTV) or 3.5% down payment, minimum borrower credit score of 740, estimated points of 1% of the loan amount, and origination fee of $1,295 plus 1.75% FHA funding fee with 360 payments in the amount of $1,458. Payment amount does not include taxes and insurance, which means your monthly obligation will be greater. Actual payment amount will vary based upon credit history, rates in effect at the time of consummation, LTV, mortgage insurance premiums, and other credit factors. Program terms available may vary based on the state and county in which the financed property is located. The APR is subject to change at any time prior to consummation, and individual APRs may vary for loan purchases and loan refinances due to loan programs being offered, loan volume, or other factors. All borrowers are subject to qualification, underwriting approval, and lender terms and conditions. Terms, conditions, and rates are subject to change without notice.
Request a contact
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Sr Loan Advisor NMLS ID: 404682
Garden City, NY 11530
Let's do the math (the easy way).
Use our home loan calculators to break down the costs of buying a new home. How does a higher or lower down payment affect your monthly payment? Should you get a fixed or adjustable rate mortgage? Play around with different scenarios so you can make informed decisions about your home loan.
So, how does getting a mortgage work?
Buying a home is a big deal, and there are many ways to finance it. Understanding the basics of a home loan will get things off to a great start. Learn about the steps in the process, the paperwork you'll need, and what makes up your monthly payment.
