About Michelle Chmelar
Buying a home is fun and exciting! And you want your financing to be a smooth ride too. But how do you choose the right mortgage professional? Follow my 5 W's!
* WHO? 30 years of experience allows me to successfully navigate the twists and turns of the market and lending policies. I have experience in markets where rates are rising as well as falling which is important in guiding you on your home journey. Besides financial advisor, I am sometimes marriage counselor, life coach or economic guru. I see my clients through life's milestones as they start out, grow a family, buy a vacation home, finance college, seek a larger place or downsize. Referrals by my clients are the backbone of my business.
* WHAT? Purchase or refinance, I have plenty of loan programs available to fit you and your unique situation. I understand the intricacies of condos and co-ops and the up-front due diligence needed. Strong relationships with my lenders let me advocate for you and provide the best rates and options. Whether condo, co-op, or castle, I am there for you from day one until we celebrate your closing.
* WHEN? The best time to speak with me is the moment that you think you may want to buy a new home or refinance. Whether just starting to think about looking, to making a bid or in contract, call me to discuss your transaction- the details, timeline and loan programs you are interested in. Not sure which loan is best for you? Let's analyze your situation and find out today.
* WHERE? I specialize in NY, NJ, CT, FL, GA and NH and, through my colleagues, can work to assist you with transactions in 48 states. Co-op, condo, multi-family or vacation homes are no problem-I have the right loan program for you.
* WHY? The mortgage on your home is life's biggest monetary venture. Let me take on the myriad of hurdles so you can actually enjoy the process!
Call or email me to begin. I will explain the process in detail and discuss the steps we will take to meet your timeline and close your deal. I look forward to hearing from you today. Born and raised in Michigan, I attended the University of Michigan and am a proud Delta Gamma alumna. I am an active member of the Planning Commission in my town, as well as a mom. My family loves Bernese Mountain dogs and divides our time between NYC and Vermont.
The right advice could help you find the right mortgage for you. Let's work together.
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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 | 6.375% | 6.680% | 0.908 ($3178.00) | $2183.54 |
| 15-year fixed | 5.375% | 5.885% | 0.796 ($2786.00) | $2836.63 |
| FHA loan | 5.990% | 7.045% | 0.741 ($2261.91) | $1964.90 |
| VA loans | 5.750% | 6.279% | 0.794 ($3244.29) | $2384.48 |
| Jumbo loans | 6.000% | 6.265% | 0.936 ($8424.00) | $5395.95 |
* Rates current as of 4/6/2025 09:18 am, provided by Michelle Chmelar, for Middlesex County, MA, 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 271 Waverley Oaks Road, Suite 306 Waltham MA, 02452