NMLS #132697
Tim Diersing
Tim joined Centier in July 2022 after serving 10 years as a mortgage loan officer with a focus on working with first-time homebuyers. He said he’s excited to help guide clients who are embarking on the homebuying journey. He aims to provide warm, personalized service to each client and make the mortgage process an enthusiastic and easy process for his clients. He resides in Greenwood with his family.
Today's Mortgage Rates
At Centier, we want to help you reach your goal of homeownership. Use our mortgage calculator to get an estimate of your monthly mortgage payment. You can also view today’s mortgage and interest rates or compare loan options.
| Conforming 30 Year Fixed Rate |
6.375 |
6.507 |
0.500 |
0.000 |
— |
| Conforming 20 Year Fixed Rate |
6.000 |
6.172 |
0.500 |
0.000 |
— |
| Conforming 15 Year Fixed Rate |
5.500 |
5.635 |
0.000 |
0.000 |
— |
Conventional Fixed and Adjustable Rate products
Conventional Fixed-Rate mortgages are loans in which the interest rate never changes. It is effectively "locked in" for the entire length of the mortgage, typically 15 or 30 years. As a result of this, the monthly payments for the mortgage never change, unless other things such as property taxes or home insurance costs go up.
Conventional Adjustable-Rate mortgages (ARM) are loans in which the interest rate fluctuates. In other words, the minimum mortgage payment will not always be the same every month. How often it changes depends on the types of indexes the lender applies. The indexes are used to determine the interest rate.
| VA 30 Year Fixed Rate |
6.250 |
6.586 |
0.000 |
0.000 |
— |
FHA and VA loans
FHA mortgages are loans in which the Federal Housing Administration provides mortgage insurance for the loan. The FHA loan allows for the purchase of a home with a low down payment, low closing costs and easy credit qualification. Fixed-Rate mortgages are loans in which the interest rate never changes. Adjustable-Rate mortgages (ARM) are loans in which the interest rate fluctuates.
VA mortgage loans are a guaranteed by the U.S. Department of Veterans Affairs (VA). The loan was created to supply home financing to eligible veterans in areas where private financing is not generally available. Fixed-Rate mortgages are loans in which the interest rate never changes. Adjustable-Rate mortgages (ARM) are loans in which the interest rate fluctuates.
| Jumbo 30 Year Fixed Rate |
5.875 |
5.952 |
0.500 |
0.000 |
— |
| Jumbo 15 Year Fixed Rate |
5.125 |
5.175 |
0.000 |
0.000 |
— |
| Jumbo Loan Special: Jumbo 5/6 SOFR Adjustable Rate Mortgage (ARM) |
5.500 |
4.956 |
0.250 |
0.000 |
— |
Jumbo Fixed and Adjustable rate products
Jumbo mortgages, because of their size, are used to buy expensive homes. Luxury properties are often harder to re-sell at the original purchase price if a loan default occurs. A jumbo loan requires a bigger down payment and higher interest rates. Interest rates can vary depending on the type of real property and the amount of the loan. Multiple appraisals are often needed before a jumbo loan can be approved. Fixed-Rate mortgages are loans in which the interest rate never changes. Adjustable-Rate mortgages (ARM) are loans in which the interest rate fluctuates.
| FHA 30 Year Fixed Rate |
6.125 |
7.260 |
0.000 |
0.000 |
— |
FHA and VA loans
FHA mortgages are loans in which the Federal Housing Administration provides mortgage insurance for the loan. The FHA loan allows for the purchase of a home with a low down payment, low closing costs and easy credit qualification. Fixed-Rate mortgages are loans in which the interest rate never changes. Adjustable-Rate mortgages (ARM) are loans in which the interest rate fluctuates.
VA mortgage loans are a guaranteed by the U.S. Department of Veterans Affairs (VA). The loan was created to supply home financing to eligible veterans in areas where private financing is not generally available. Fixed-Rate mortgages are loans in which the interest rate never changes. Adjustable-Rate mortgages (ARM) are loans in which the interest rate fluctuates.
Important Notices: Rates, terms and conditions are subject to credit approval. Interest rates, annual percentage rates (APRs), discount points and rebates shown are subject to change without notice. Payments shown include principal, interest and mortgage insurance where applicable. Actual mortgage interest rates, Annual Percentage Rates (APRs), Discount points (Points), and/or Rebate may vary based on the borrower’s specific loan request and credit. Discount points are fees paid by the borrower to specifically reduce the interest rate of the loan. A discount point equals 1% of the loan amount. A Rebate is a credit given to the borrower by the lender and is generally used to pay closing costs. A borrower may receive a rebate by opting to have a higher interest rate. The rates displayed assume:
- An escrow account for property taxes and insurance(s) will be established at the time of closing.
- The property is an existing, single family home located in Indiana, that will be used as a primary residence.
- The borrower has a credit score of 740 or higher.
- Additional assumptions and program information can be found by clicking on the View Payment links.
Rates last updated on 1/27/2023
Available Home Loan Products
We offer a variety of mortgage loan products with competitive rates, great service and low closing costs. Contact us today and get started with your home loan.
Disclosures
Secure and Fair Enforcement for Mortgage Licensing Act (S.A.F.E. Act) The SAFE Act requires Mortgage Loan Originators (MLOs) employed by federally insured depository institutions to register with the Nationwide Mortgage Licensing System and Registry ("the Registry") and to maintain and renew their registration in that system annually. Click on the link below to view Centier employees registered with the Nationwide Mortgage Licensing System and Registry.
SAFE Act Registered Mortgage Originators
Centier Bank NMLS # 408076
Thank you for choosing Centier Bank as your home mortgage lender. The following steps are critical to process your online mortgage application. Once you have completed your application, a Centier loan officer will contact you to discuss the application and answer any questions you may have. Your loan officer is also available to assist at any time during the mortgage process. At Centier, we pride ourselves on world class service and are happy to help you realize your dream of a new home.
IMPORTANT
In order for us to proceed with your loan request in a timely manner, we will need to receive copies of the following documents within 7 calendar days of your application:
- Copies of all W-2’s and/or 1099 forms for all applicants for the past two years
- Most recent pay stubs covering the last 30 days for all borrowers
- Copies of the most recent bank statements for each checking, savings, money market, 401k, or any other depository accounts listed on your application
- Application fee, paid either by credit card on the system, or check payable to Centier Bank
- If you are purchasing a home, a legible copy of all pages of the Purchase Agreement signed by all buyers and sellers
Additional information specific to your loan request may also be required.
If the above documents are not provided to us within 7 calendar days of the application, we will assume you do not wish to proceed and we will give no further consideration to the application. Any costs incurred by Centier in conjunction with your loan application will be considered earned and are non-refundable.
If your intent is to apply for a land only mortgage, please contact your Mortgage Loan Originator directly who will assist you in the process.
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