About Al Brown
For over 25 years, 1 have been providing my clients with world-class service in the lending industry, helping thousands of individuals obtain financing for their home. My extensive knowledge of the real estate industry and residential mortgages makes me a clear choice as your trusted loan officer.
My work ethic is unprecedented and premised on the values of transparency and integrity. In 1985, I established a mortgage company, I learned early the critical importance of honesty and effective communication—pillars of success I still apply to every client relationship. I went on to become a senior loan officer at several leading companies - before joining Rate as a VP of Mortgage Lending.
My experiences as a former real estate broker and a licensed real estate instructor are the foundation for my deep expertise in both the mortgage and real estate industries. With nearly three decades of experience working in both industries, I remain steadfastly committed to providing every client loan services that exceeds all expectations.
I currently reside in Queens, New York, with my wife and five of my seven kids. I enjoy spending time with my family, attending professional baseball games, basketball games, traveling and occasional party.
Please feel free to call, text or email me with any questions you may have about real estate and/or mortgage financing.
The right advice could help you find the right mortgage for you. Let's work together.
Get approved in one day
The competitive edge you need to purchase the home you want. Get a fast approval with options as little as 3% down.
Current mortgage rates
Points:
| Loan Type | Rate | APR | Points | Mo. Payment |
|---|---|---|---|---|
| 30-year fixed | 6.490% | 6.680% | 0.555 ($1942.50) | $2209.94 |
| 15-year fixed | 5.750% | 6.124% | 0.776 ($2716.00) | $2906.44 |
| FHA loan | 6.000% | 6.995% | 0.992 ($3028.08) | $1966.87 |
| VA loans | 5.990% | 6.472% | 0.775 ($3166.65) | $2447.14 |
| Jumbo loans | 6.500% | 6.720% | 0.928 ($8352.00) | $5688.61 |
* Rates current as of 3/31/2025 02:32 am, provided by Al Brown, for New York County, NY, and are subject to change without notice.
Mortgage rates disclaimers
30 year, 15 year rate assumptions
- Purchase price: $437,500
- Down payment: 20.00%
- First Lien Position
- Primary residence
- 760 FICO Score
- 30 day rate lock
- 80.00% LTV ratio
FHA rate assumptions
- Purchase price: $310,880
- Down payment: 3.50%
- First Lien Position
- Primary residence
- 680 FICO Score
- 30 day rate lock
- 96.50% LTV ratio
Jumbo rate assumptions
- Purchase price: $1,200,000
- Down payment: 25.00%
- First Lien Position
- Primary residence
- 760 FICO Score
- 25 day rate lock
- 75.00% LTV ratio
VA rate assumptions
- Purchase price: $400,000
- Down payment: 0.00%
- First Lien Position
- Primary residence
- 680 FICO Score
- 30 day rate lock
- 100.00% LTV ratio
- Must meet eligibility assumptions to qualify
This is NOT a mortgage loan approval or commitment to lend.
The actual fees, costs, and monthly payment on your specific loan transaction may
vary, and may include city, county, or other additional fees and costs. Mortgage rates
are offered exclusively through Rate, Inc. and are subject to change without
notice. The payment amount does not include homeowners' insurance, flood insurance
(if applicable), or property taxes that must be paid in addition to your loan payment.
The displayed Annual Percentage Rate (APR) is a measure of the cost to borrow money
expressed as a yearly percentage. For mortgage loans, excluding home equity lines of
credit, it includes the interest rate plus other charges or fees (such as mortgage
insurance, discount points, and origination charges). These mortgage rates are based
upon a variety of assumptions and conditions, which include a consumer credit score
that may be higher or lower than your individual credit score. Your loan's interest
rate will depend upon the specific characteristics of your loan transaction and your
credit history up to the time of closing. Refinancing may cause finance charges to be
higher over the life of the loan. Rate, Inc. has no affiliation
with the US Department of Housing and Urban Development, the US Department of Veterans
Affairs, the Nevada Department of Veterans Services, the US Department of Agriculture,
or any other government agency.
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Located at 750 Lexington Ave, Suite 2010 New York NY, 10022