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Mortgage Purchase
A rate promise made
is a rate promise kept.
Mortgage Purchase Rates for July 17, 2019
Cuyahoga County, Ohio
All Mortgage Rates 0 Points
Product Rate APR
5/1 (30 year) Smart Rate 3.14% 4.08%
5/1 (30 year) Low Cost Smart Rate 3.49% 4.15%
5/1 (15 year) Smart Rate 3.04% 3.77%
5/1 (15 year) Low Cost Smart Rate 3.39% 3.88%
Product Rate APR
3/1 (15 year) Low Cost Smart Rate 3.24% 4.04%
5/1 (15 year) Low Cost Smart Rate 3.39% 3.88%
3/1 (30 year) Low Cost Smart Rate 3.34% 4.25%
5/1 (30 year) Low Cost Smart Rate 3.49% 4.15%
10 Year Low Cost Fixed Rate 3.49% 3.53%
15 Year Low Cost Fixed Rate 3.59% 3.62%
30 Year Low Cost Fixed Rate 3.95% 3.97%
Product Rate APR
1 year Bridge Loan
2.99% 3.70%
Product Rate APR
10 Year Fixed Rate 3.09% 3.28%
10 Year Low Cost Fixed Rate 3.49% 3.53%
15 Year Fixed Rate 3.29% 3.42%
15 Year Low Cost Fixed Rate 3.59% 3.62%
30 Year Fixed Rate 3.65% 3.72%
30 Year Low Cost Fixed Rate 3.95% 3.97%
Product Rate APR
5/1 (30 year) Smart Rate 3.14% 4.03%
5/1 (15 year) Smart Rate 3.04% 3.68%
3/1 (30 year) Smart Rate 2.99% 4.17%
3/1 (15 year) Smart Rate 2.89% 3.91%
5/1 (10 year) Smart Rate 2.94% 3.36%
15 Year Fixed Rate 3.54% 3.58%
30 Year Fixed Rate 3.90% 3.92%
Need Help Finding Your Solution?

Mortgage Purchase with Third Federal

We offer several advantages when you’re buying or building a home. Only Third Federal locks your rate at preapproval, before you sign a purchase contract or even find a new home, protecting you from rising rates. And if rates should fall while you're shopping for a home, no worries. We’ll let you float down to the new lower rate for free, all you have to do is ask. 

Competitive Rates

At Third Federal, we pride ourselves on providing genuine low rates without any tricks or undisclosed mark-ups. The rates you see here are the rates that you’ll actually get when you apply for a loan with us.

Mortgage Purchase

 
Early Approval Bird HiRes NoWords3

Thinking about buying a new home?

The early bird gets the best nest. Get approved early and save thousands!

Learn More

Mortgage Purchase Rates for July 17, 2019
Cuyahoga County, Ohio
All Mortgage Rates 0 Points
Product Rate APR
5/1 (30 year) Smart Rate 3.14% 4.08%
5/1 (30 year) Low Cost Smart Rate 3.49% 4.15%
5/1 (15 year) Smart Rate 3.04% 3.77%
5/1 (15 year) Low Cost Smart Rate 3.39% 3.88%
Product Rate APR
3/1 (15 year) Low Cost Smart Rate 3.24% 4.04%
5/1 (15 year) Low Cost Smart Rate 3.39% 3.88%
3/1 (30 year) Low Cost Smart Rate 3.34% 4.25%
5/1 (30 year) Low Cost Smart Rate 3.49% 4.15%
10 Year Low Cost Fixed Rate 3.49% 3.53%
15 Year Low Cost Fixed Rate 3.59% 3.62%
30 Year Low Cost Fixed Rate 3.95% 3.97%
Product Rate APR
1 year Bridge Loan
2.99% 3.70%
Product Rate APR
10 Year Fixed Rate 3.09% 3.28%
10 Year Low Cost Fixed Rate 3.49% 3.53%
15 Year Fixed Rate 3.29% 3.42%
15 Year Low Cost Fixed Rate 3.59% 3.62%
30 Year Fixed Rate 3.65% 3.72%
30 Year Low Cost Fixed Rate 3.95% 3.97%
Product Rate APR
5/1 (30 year) Smart Rate 3.14% 4.03%
5/1 (15 year) Smart Rate 3.04% 3.68%
3/1 (30 year) Smart Rate 2.99% 4.17%
3/1 (15 year) Smart Rate 2.89% 3.91%
5/1 (10 year) Smart Rate 2.94% 3.36%
15 Year Fixed Rate 3.54% 3.58%
30 Year Fixed Rate 3.90% 3.92%

Third Federal Advantage

For more than 80 years, Third Federal has been a leading mortgage lender. Our mortgage rates are among the lowest. And now with our Lowest Rate Guarantee program, if you find a lower purchase mortgage rate, we’ll beat it or pay you $1,000.

Here’s how it works:

Easier:

  • Find a lower rate than ours? We’ll beat it or pay you $1,000.
  • Simply provide us with the other lender’s advertisement, webpage, email, rate sheet, or other documentation of mortgage rates.
  • In most cases, you’ll have a rate decision the same day.
  • And if rates go down further, you can lock again!

Earlier:

  • We can lock your rate at preapproval or before preapproval.
  • We can even lock your rate without an application.
  • We can usually beat and even lock a competitor’s mortgage rate before they can.

Longer:

  • We can lock your rate prior to preapproval, all the way through loan approval. You can lock your rate for as long as 120 days on our standard rate lock or 300 days on our extended rate lock.
View related disclosures
You shouldn’t feel rushed to the find perfect home. That’s why we lock down your rate at preapproval, before you sign a purchase contract or even find a new home! No other lender can offer a rate lock so early in the home buying process, protecting you from rising rates.

Imagine if you could get a mortgage at today’s low rates and not worry about closing costs. With our new Low Cost Mortgages, you can, because you only pay $295 in closing costs. We pay all other closing costs, saving you thousands of dollars. And the interest rate is typically lower than what other lenders charge for their full closing cost loans. So go buy that new couch that’ll look perfect in your new family room!

  • No PMI with 85% loan to value
  • Jumbo loans at discounted rates
  • Available on 10, 15 and 30-year fixed rate and Smart Rate for purchases
Most lenders charge higher rates for "jumbo loans" between $484,300 and $1 million. At Third Federal, we offer discounts on jumbo loans. Because we believe big borrowing deserves more bang for their buck, not less.
This lock goes into effect when you apply, because at Third Federal, we believe you shouldn’t have to pay extra just to get enough time to close your loan. Most lenders only offer a 30-day rate lock. If you close after that time period, your rates could go up. 
You’ll get a 60-day rate lock at preapproval. When you convert to a full application, we offer an additional 60-day standard or 240-day extended rate lock. That’s a rate locked for up to 300 days!
A Third Federal Bridge Loans is a great way to fund the down payment for your new home. And with our bridge loan, you can eliminate your existing home payment so you have only one payment while your house sells. Plus there are no principal and interest payments on your bridge loan for up to 12 months, and there are no application fees, cancellation fees or prepayment penalties
Third Federal is committed to helping communities thrive. With our HomeReady Mortgage Purchase product, you can put as little as 3% down and get up to $3,000 in down payment assistance. To learn more about Community Support or see rates, click here.
Many lenders will transfer your loan to another mortgage company, who may transfer it to another and so on, and so on. That can lead to problems. Fortunately, you don't have to worry about that with Third Federal. We service your loan for the life of your loan. And once it's paid off, we make sure it's cleared off your record, too.
Unlike some lenders, our associates work on a non-commission basis.  So their primary concern is finding the product that’s best for you, our customer, not what benefits them.
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Rated 5 out of 5 by from Rates I was happy with the rate you provided to purchase my house
Date published: 2019-07-12
Rated 5 out of 5 by from Low closing costs and mortgage rate Customer service was outstanding. Responsive, knowledgeable, and prompt.
Date published: 2019-07-12
Rated 5 out of 5 by from Fast, easy Fast and easy, everything went smooth
Date published: 2019-07-12
Rated 5 out of 5 by from Low rates, excellent service I got the rate I expected and the loan went through underwriting expediently. I was very pleased with the overall service.
Date published: 2019-07-12
Rated 5 out of 5 by from Great customer service Low cost loan option worked for me and I qualified for more loan than with other lenders.
Date published: 2019-07-12
Rated 5 out of 5 by from Great Mortgage Rates and Customer Service Third Federal is the easiest company to work with as far as mortgages go! They ask for everything up front so all that's left to do after finding a home is get the homeowner's insurance in place and the appraisal. Plus, if the rates go down during the loan process, you can float the rate down once for free or additional times for $325. The loan officer we had was extremely helpful and knowledgeable. I would and DO recommend Third Federal to my clients, family and friends.
Date published: 2019-07-11
Rated 5 out of 5 by from Mortgage and banking Rates were best in the area and customer service is outstanding
Date published: 2019-07-09
Rated 5 out of 5 by from Lowest rate, smooth process Financed our home through Third Federal, best rate I found and they made the process very clear and simple. Our loan officer was very responsive, talked with us and and our realtor many times throughout the process and kept us updated via email. We were able to close in less than 30 days thanks to their quick work and good communication with all parties.
Date published: 2019-07-08
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