Sabula, Iowa Mortgage Rates

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Sabula Home Purchase Rates

30-YR. Conventional

Rate 6.625%  APR 6.687%

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30-YR. FHA Loan

Rate 6.25% APR 7.021%

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30-YR. VA Loan

Rate 6.25% APR 6.442%

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Sabula Refinance Rates

30-YR. Conventional

Rate 6.625% APR 6.687%

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30-YR. FHA Loan

Rate 6.25% APR 7.021%

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30-YR. VA Loan

Rate 6.25% APR 6.528%

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15 Year Rates in Sabula, IA 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 9/30/2022 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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    Sabula is a city in Jackson County, Iowa, United States. The population was 506 at the 2020 census.[3] Sabula is the site of Iowa’s only island city. The island has a beach and a campground, as well as a harbor with boat docks and storage sheds to store boats during the winter. Because of its proximity to Chicago (three-hour drive), Sabula has become a popular vacation destination during the summer months.[citation needed] Sabula is the northern terminus of U.S. Route 67, a 1,560 mile (2,511 km) long north–south highway in the Central United States. The southern terminus of the route is at the United States–Mexico border in Presidio, Texas.

    Sabula was established in 1835 when, according to legend, Isaac Dorman crossed the river from the Illinois side on a log and decided to settle on the present site of Sabula.[4] Sabula is a name of French origin meaning “sand”; this refers to the sandy soil of the area.[5]