Monticello, Illinois Mortgage Rates

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Monticello Home Purchase Rates

30-YR. Conventional

Rate 5.25%  APR 5.281%

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30-YR. FHA Loan

Rate 4.75% APR 5.483%

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30-YR. VA Loan

Rate 4.875% APR 5.025%

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Monticello Refinance Rates

30-YR. Conventional

Rate 5.25% APR 5.292%

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30-YR. FHA Loan

Rate 4.75% APR 5.483%

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30-YR. VA Loan

Rate 4.875% APR 5.104%

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15 Year Rates in Monticello are even LOWER!

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Rates based on a Loan Amount of $315,000, Loan to Value (LTV) 70%, Credit FICO Score 770 Rates, terms, and fees as 4/22/2022 11:00 AM Central Standard Time and subject to change without notice. Rates are posted daily at 11am Monday – Friday.  Rates are not posted on the weekend. Call the Smart Mortgage rate lock line now (888) 999-1350.

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    Monticello (/ˌmɒntɪˈtʃɛloʊ/ MON-tih-CHEL-oh) was the primary plantation of Thomas Jefferson, the third president of the United States, who began designing Monticello after inheriting land from his father at age 26. Located just outside Charlottesville, Virginia, in the Piedmont region, the plantation was originally 5,000 acres (20 km2), with Jefferson using the labor of enslaved African people for extensive cultivation of tobacco and mixed crops, later shifting from tobacco cultivation to wheat in response to changing markets. Due to its architectural and historic significance, the property has been designated a National Historic Landmark. In 1987, Monticello and the nearby University of Virginia, also designed by Jefferson, were together designated a UNESCO World Heritage Site. The current nickel, a United States coin, features a depiction of Monticello on its reverse side.