Gorman & Gorman Home Loans
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Our loan officer did a great job making the process administratively easy, despite the fact that I was in 4 or 5 different cities (business travel) during the process.
 
—Steven S..
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Interest RatesView this 7 minute video which explains the connection between interest rates & mortgage backed securities. For those who monitor interest rates - this video highlights why one cannot rely on the media! It also describes how the Federal Reserve works - and what they are doing to keep interest rates low.

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Founded in 1994, Gorman & Gorman Home Loans is a St. Louis based, family-owned and FHA approved Mortgage Lender with offices in St Louis and Springfield, Missouri.  Gorman & Gorman Home Loans originates residential mortgages in all 50 states.



In Missouri, we are proud to serve: Saint Louis, St. Charles, Ballwin, Webster Groves, Kirkwood, University City, Clayton, Manchester, Central West End, Ellisville, Eureka, Wildwood, Chesterfield, Ladue, Des Peres, Wildwood, New Town at St Charles, St. Peters, O'Fallon, Wentzville, Lake St Louis, New Melle, Union, Washington, Winghaven, Troy, St Louis County, Lincoln County, Jefferson County, Saint Charles County, Arnold, Festus, House Springs, Barnhart, Crystal City, Brentwood, Florissant, Hazelwood, Cape Girardeau, Jackson, Perryville, Springfield, Republic, Nixa, Billings, Ozark, Branson, Clever, Battlefield, and Buffalo. 

In Illinois, we are proud to serve:  Madison County, St. Clair County, Monroe County, Bond County, O'Fallon, Clinton County, Alton, Godfrey, Granite City, Shiloh, Mascoutah, Columbia, Waterloo, Columbia, Edwardsville, Glen Carbon, Troy, Belleville, Swansea, Fairview Heights, Collinsville, and the Scott Air Force Base area.

 
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loan amt.
Rate Pnts APR Pmnt
30 Year Fixed Conforming
5.000% 0.0 5.034% $0
30 Year Fixed Conforming
4.750% 1.0 4.871% $0
20 Year Fixed Conforming
4.875% 0.0 4.921% $0
20 Year Fixed Conforming
4.500% 1.25 4.694% $0
15 Year Fixed Conforming
4.375% 0.0 4.433% $0
15 Year Fixed Conforming
4.125% 1.0 4.332% $0
30 Year Fixed FHA
4.875% 0.0 4.909% $0
30 Year Fixed FHA
4.500% 2.0 4.707% $0
FHA Adjustable
3.750% 1.5 3.906% $0
30 Year Fixed VA
5.000% 0.0 5.034% $0
30 Year Fixed VA
4.750% 0.75 4.849% $0
10 Year ARM
5.250% 0.0 5.284% $0
7 Year ARM
3.625% 1.5 3.781% $0
5 Year ARM
3.250% 1.5 3.402% $0
3 Year ARM
3.875% 1.25 4.011% $0
30 Year Fixed Jumbo
6.000% 1.0 6.131% $0
3 Year Jumbo ARM
3.625% 1.0 3.739% $0
5 Year Jumbo ARM
4.375% 1.0 4.493% $0
In The News...
There are no economic reports due for release today. Initial Claims will be released tomorrow, while Retail Sales will be announced Friday morning.

The Mortgage Bankers Association (MBA) announced today that its Weekly Mortgage Applications survey...
 
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Gorman & Gorman Home Loans
11960 Westline Industrial Drive Suite 110
St. Louis, MO 63146
Phone (800) 917-8997
Fax (314) 787-5258

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