Yes, there are different rates depending on the three types of mortgage loans: New mortgage origination, rate-and-term refinance, and cash-out refinance. Since mortgage lenders earn most of their profits from new mortgage origination, this type of loan also offers the lowest APR.
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Who is Capacity?
Capacity was founded in 2017 by David Karandish and Chris Sims, and is part of the Equity.com incubator. Proudly headquartered in St. Louis.