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Orange Mortgage - Low Rates, Low Closing Costs.

Bank Fees Comparison Chart:

The chart below shows on average what other banks can charge just to take an application and process your loan. ING DIRECT assesses a processing charge of $395 at the time you sign your final loan documents. Keep in mind, this chart ONLY compares bank fees - there are other closing costs. ING DIRECT's closing costs are lower than the national average. Just go to our Solutions Calculator and see for yourself.

Fees Charged by Lenders Other Lenders Average Orange Mortgage
Administration Charge $413.00 $0
Application Charge $266.00 $0
Funding Charge $126.00 $0
Processing Charge $386.00 $395.00
Tax Service $72.00 $0
Underwriting Charge $280.00 $0
Rate Buydown* $2,000.00 $0
TOTAL $3,543.00 $395.00

*(1% of an average mortgage of $200,000) = $2,000

Rates and Closing Costs:

Don't overpay on your closing costs. Some banks will offer a lower rate but will recoup these costs in other ways–added costs, up-front deposits or other surprise costs. At ING DIRECT, our closing costs are low and we guarantee there are no surprises.

Our Rate Guarantee:

You get a free, guaranteed rate for 60 days when buying a home or 30 days when refinancing. From the day you tell us you want your Orange Mortgage, your rate is guaranteed, even if rates go up during that time.

General Rates and Payments:

Product % of Home Value Borrowed Rate APR Monthly Payment Payment Period
5/1 Orange Mortgage
Projected
7/1 Orange Mortgage
Projected

APR based on a 30-year loan as of . Payments do not include applicable taxes and insurance. Actual obligation will be greater. Interest rate may increase after fixed rate period. Projected interest rate based on current index plus margin.


For Loans With Values of $500,000 or More:

Product % of Home Value Borrowed Rate APR Monthly Payment Payment Period
5/1 Orange Mortgage
Projected
7/1 Orange Mortgage
Projected

APR based on a 30-year loan as of . Payments do not include applicable taxes and insurance. Actual obligation will be greater. Interest rate may increase after fixed rate period. Projected interest rate based on current index plus margin.

Questions?

Call us. We'll listen. 1-866-327-4599

Solutions Calculator

Mortgage CalculatorUse this tool to see how much you can save with an Orange Mortgage.

Orange Mortgage™ - DEMOWatch our demo to learn more about your Orange Mortgage.