Mortgage Product Disclosures

Annual Percentage Rates shown as of January 8th, 2026 and are subject to change without notice.
All forward mortgage payment illustrations assume a median credit score of 740 or higher unless otherwise indicated. HECM reverse mortgage eligibility is determined separately under applicable FHA requirements.
For specific loan scenario questions please reach out to your Onshore Mortgage mortgage advisor.

APR = Annual Percentage Rate

CONVENTIONAL 30 Year Fixed: Loan amount $300,000 at 6.512% “Note Rate” and 6.6793% APR, 20% down, monthly payment without taxes and insurance is $1,898.57. Please refer to the Conventional Loans webpage for product information.
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‍FHA 30 Year Fixed: Base loan amount $361,875, plus upfront MIP of $6,332.81 at 5.525% “Note Rate” and 5.8764% APR, 3.5% down, monthly payment without taxes and insurance is $2,096.42. FHA monthly PMI is $164.85. Onshore Mortgage, LLC is mortgage broker funding loans through FHA approved lending institutions and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. Please refer to the FHA Loans webpage for product information.

FHA HECM Reverse Mortgage: Home Equity Conversion Mortgages (HECM) are FHA-insured reverse mortgage loans available to eligible homeowners age 62 and older. A HECM allows qualified borrowers to access a portion of their home's equity while eliminating required monthly principal and interest mortgage payments. Borrowers retain ownership and title to their home but must continue paying property taxes, homeowners insurance, applicable association fees, and maintaining the property as their primary residence in accordance with loan requirements. Interest, mortgage insurance premiums, and applicable fees accrue over time and generally increase the outstanding loan balance, reducing the homeowner's remaining equity. The loan becomes due and payable upon certain events, including the death of the last borrower, sale of the home, permanent relocation, or failure to meet loan obligations, subject to applicable protections for eligible non-borrowing spouses. HECM loans are non-recourse, meaning borrowers and their estates are generally not personally responsible for a loan balance exceeding the property's value. Available proceeds depend on borrower age, property value, interest rates, existing mortgage balances, and FHA guidelines. Independent HECM counseling is required. Onshore Mortgage, LLC is an independent mortgage broker and is not affiliated with or endorsed by HUD, FHA, or any government agency. All loans are subject to eligibility, underwriting approval, and applicable federal and Massachusetts regulations.
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‍VA 30 Year Fixed: Loan amount $300,000 at 5.572% “Note Rate” and 5.7278% APR, 0% down, (Example is with EXEMPT funding fee) monthly payment without taxes and insurance is $1,716.94. Onshore Mortgage, LLC is mortgage broker funding loans through VA approved lending institutions and is not acting on behalf of or at the direction of HUD/VA or the Federal government. Certificate of Eligibility required for all VA loans. If not exempt from funding fee then please refer to the current VA Funding Fee chart provided by The Department of Veteran Affairs. Please refer to the VA Loans webpage for oriduct information.
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‍USDA 30 Year Fixed: Loan amount $300,000 plus 1% Upfront Guarantee Fee ($303,030) at 5.606% "Note Rate" and 5.858% APR, 0% down, monthly payment without taxes and insurance is $1,740.78. USDA Monthly Premium is $87.85. Onshore Mortgage, LLC is mortgage broker funding loans through USDA approved lending institutions and is not acting on behalf of or at the direction of the USDA or the Federal government. FOR NO DOWN PAYMENT OR 100% FINANCING: Borrowers income is limited to 115% of median income for the area. Borrowers must have reasonable credit history and a 620 minimum fico score. 30-year loan term. Housing costs cannot exceed 29% of income; total debt payments cannot exceed 41% of income. The property must meet state and HCFP building codes. Available only in rural areas only. Please refer to the USDA Loans webpage for product information.
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‍JUMBO 30 Year Fixed: Loan amount $800,000 at 7.625% “Note Rate” and 7.7403% APR, 20% down, monthly payment without taxes and insurance is $5,662.35. Please refer to the Jumbo Loans webpage for more product information.
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‍ASSET ONLY 30 Year Fixed: Loan amount $300,000 at 6.875% “Note Rate” and 7.0574% APR, 20% down, 740 credit score, monthly payment without taxes and insurance is $1,970.79. Please refer to the Asset Only Loans webpage for product information.

Home Construction 30 Year Fixed: Loan amount $475,000 at 7.681% “Note Rate” and 7.9023% APR, 5% down, 740 credit score, monthly payment without taxes and insurance is $3,040.40. Monthly PMI estimate is $114.79. Please refer to the Construction Loans webpage for product information.