First Rate Mortgage

Mortgage Lender serving St. Louis, MO

About First Rate Mortgage

First Rate Mortgage is a mortgage brokerage operating out of St. Louis, Missouri, dedicated to assisting individuals in buying or refinancing their homes. With a focus on providing a range of loan options, they aim to guide clients through the complex process of securing a mortgage that fits their specific needs.

The company emphasizes the importance of pre-qualification and pre-approval in the home buying journey, ensuring that clients are well-informed and prepared before making an offer on a property. They strive to offer competitive rates and personalized support, helping clients navigate various loan types, including fixed-rate mortgages, adjustable-rate mortgages, FHA loans, VA loans, USDA loans, and reverse mortgages.

First Rate Mortgage is licensed in multiple states, including Alabama, Colorado, Georgia, and Texas, enabling them to serve a broad customer base. They operate under NMLS #30998 through Delmar Financial Company, demonstrating their commitment to regulatory compliance and consumer protection. Their team provides guidance and addresses concerns throughout the entire mortgage process.

Company Information

Lender Type: Mortgage Broker
Headquarters: St. Louis, MO

Licensed In

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Digital Capabilities

Rate Calculator
Pre-Qualification Tool

Home Loan Products

30 Year Fixed Mortgage

Loan Types:
Conventional
Rate Types:
Fixed Rate
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Manufactured/Mobile HomeCo-opInvestment PropertyVacation/Second HomeTiny HomeModular Home
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredInvestorBusiness Owner
Income Verification:
Full Documentation
Available Terms:
30 years
Credit Tiers:
Excellent (740+)Good (680-739)Fair (620-679)Poor (580-619)Bad (<580)

15 Year Fixed Mortgage

Loan Types:
Conventional
Rate Types:
Fixed Rate
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Manufactured/Mobile HomeCo-opInvestment PropertyVacation/Second HomeTiny HomeModular Home
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredInvestorBusiness Owner
Income Verification:
Full Documentation
Available Terms:
15 years
Credit Tiers:
Excellent (740+)Good (680-739)Fair (620-679)Poor (580-619)Bad (<580)

Adjustable Rate Mortgage

Loan Types:
Conventional
Rate Types:
Adjustable Rate (ARM)Hybrid ARM
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Manufactured/Mobile HomeCo-opInvestment PropertyVacation/Second HomeTiny HomeModular Home
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredInvestorBusiness Owner
Income Verification:
Full Documentation
Credit Tiers:
Excellent (740+)Good (680-739)Fair (620-679)Poor (580-619)Bad (<580)

FHA Loans

Loan Types:
FHA
Rate Types:
Fixed RateAdjustable Rate (ARM)Hybrid ARM
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Manufactured/Mobile HomeCo-opInvestment PropertyVacation/Second HomeTiny HomeModular Home
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredInvestorBusiness Owner
Income Verification:
Full Documentation
Credit Tiers:
Excellent (740+)Good (680-739)Fair (620-679)Poor (580-619)Bad (<580)

VA Loans

Loan Types:
VA
Rate Types:
Fixed RateAdjustable Rate (ARM)Hybrid ARM
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Manufactured/Mobile HomeCo-opInvestment PropertyVacation/Second HomeTiny HomeModular Home
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredInvestorBusiness Owner
Income Verification:
Full Documentation
Special Programs:
Veteran Program
Credit Tiers:
Excellent (740+)Good (680-739)Fair (620-679)Poor (580-619)Bad (<580)

203K Loans

Loan Types:
FHA
Rate Types:
Fixed RateAdjustable Rate (ARM)Hybrid ARM
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Manufactured/Mobile HomeCo-opInvestment PropertyVacation/Second HomeTiny HomeModular Home
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredInvestorBusiness Owner
Income Verification:
Full Documentation
Special Programs:
Renovation LoanFHA 203k
Credit Tiers:
Excellent (740+)Good (680-739)Fair (620-679)Poor (580-619)Bad (<580)

USDA Loans

Loan Types:
USDA
Rate Types:
Fixed RateAdjustable Rate (ARM)Hybrid ARM
Property Types:
Single-Family Home
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredInvestorBusiness Owner
Income Verification:
Full Documentation
Credit Tiers:
Excellent (740+)Good (680-739)Fair (620-679)Poor (580-619)Bad (<580)

Reverse Mortgage

Loan Types:
Reverse Mortgage
Rate Types:
Fixed RateAdjustable Rate (ARM)Hybrid ARM
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Manufactured/Mobile HomeCo-opInvestment PropertyVacation/Second HomeTiny HomeModular Home
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredInvestorBusiness Owner
Income Verification:
Full Documentation
Credit Tiers:
Excellent (740+)Good (680-739)Fair (620-679)Poor (580-619)Bad (<580)

Contact Information

1066 Executive Pkwy Dr
St. Louis, MO 63141
US
Mailing Address:
1066 Executive Parkway, Suite 100 St. Louis, MO 63141

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Business Information

Category: Mortgage Lender
Location: St. Louis, MO
Status: Standard
Type: Mortgage Broker
NMLS ID: 30998
Profile Views: 1

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