About Shane Force
As a Rate loan officer specializing in purchase and refinance loans, I work to align my customers with the best mortgage program to suit their needs and goals. I have been in the mortgage industry since 1997 and I believe in giving my customers an honest estimate of the rates and fees involved with the loan. I provide my clients with the best customer service in the industry. That is why my customers who are getting a loan with me are free to email or call me at anytime. Whether you are looking to buy your first home, step up in home size, build the home of your dreams, lower your monthly payments, I am always available to meet your needs. I have the knowledge and expertise to find the best program for almost any customer.
The right advice could help you find the right mortgage for you. Let's work together.
Current mortgage rates
Points:
Loan Type | Rate | APR | Points | Mo. Payment |
---|---|---|---|---|
30-year fixed | 6.825% | 7.141% | 0.931 ($3258.50) | $2287.57 |
15-year fixed | 5.750% | 6.245% | 0.965 ($3377.50) | $2906.44 |
FHA loan | 6.200% | 7.238% | 0.905 ($2762.52) | $2006.32 |
VA loans | 6.150% | 6.729% | 0.966 ($3947.08) | $2489.31 |
Jumbo loans | 6.300% | 6.500% | 0.642 ($5778.00) | $5570.76 |
* Rates current as of 1/31/2025 01:49 pm, provided by Shane Force, for Morris County, NJ, 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 350 Main Road, Suite 203 Montville NJ, 07045