Ally Bank

• Updated Rates
• Account Discount
• Online Access

Updated Rates

Ally’s mortgage rates and APRs are updated daily. The rates shown on the website reflect rates for borrowers with excellent credit and a 20 percent down payment and do not include taxes or insurance. Sample rates are provided for 15, 20, and 30-year fixed-rate mortgages and 10/1, 7/1, and 5/1 adjustable-rate mortgages.

Keep in mind that the rates displayed are not necessarily the rates you will qualify for. Your rate depends on a number of factors including the current housing market, credit score, property location, loan amount, loan type, and loan term.

Account Discount

You can save $500 off closing costs if you have an investment account, bank account, existing home loan, auto loan, or vehicle protection plan with Ally already.

Online Access

As an established online financial services company, Ally has the ins and outs of online lending figured out. With Ally mortgages, you can keep track of all your loan-related documents online from any device on your secure account.

• Unclear Loan Types

Unclear Loan Types

Ally offers fixed-rate mortgages, adjustable-rate mortgages (ARMs), and Jumbo loans for refinance or new purchases. But aside from alluding to offering a first-time homebuyer program, it is unclear which government-backed loans, new construction loans, or specialty loans are available, if any.