Page 9 - News Report - די צייטונג

S REPORT FRIDAY, FEBRUARY 17-19, '21 • • ¯"ç ÈÉ ,³½´ÇÉ 'ç ,±¯·¸¸Çà ±¿´·¸¸Å ¸²

Same neighborhood. But at the end of the day,
Same square footage. one family will end up paying
Same purchase price. thousands more for the same
basic house.

This family financed with Quicken Mortgage at their “low”
rate of 2.875% with 1.750 points (APR 3.096%).

This family financed with Ark at a lower rate of 2.500%
and paid only 0.875 points at closing (APR 2.669%).

Scenario based on a recent same-day comparison of Ark Mortgage quotes vs. Quicken Loans quotes on a
$200K 30-year Fixed rate mortgage with a 74.91% LTV (loan to value). The payments for the quoted Quicken
Loan mortgage are $829.79 per month with 1.75 points due at closing. The payments for the quoted Ark
mortgage are $790.24 with .875 points due at closing.

ArkMortgage

The Better Way Home

Ark Mortgage Inc. | NMLS ID 103915 | (888) 275-8575 | www.arkmortgage.com | 1 Perlman Drive • Spring Valley, NY 10977
Licensed Mortgage Banker, NYS Dept of Financial Services | Licensed Residential Mortgage Lender, NJ Dept of Banking & Insurance