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| |
| 30 Year Fixed |
| 20 Year Fixed |
| 15 Year Fixed |
| 3/1 ARM |
| 5/1 ARM |
| 7/1 ARM |
| FHA 30 Year Fixed |
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30 Year Fixed
Term: 30 years
Maximum Amount: $417,000
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| Rates | Points | APR |
|---|
| 4.375% | 0.5% | 4.547% |
| 4.5% | 0% | 4.629% |
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| Above rate based on 80% loan-to-value for a purchase or rate/term transaction. |
 |
20 Year Fixed
Term: 20 years
Maximum Amount: $417,000
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| Rates | Points | APR |
|---|
| 4.125% | 1% | 4.419% |
| 4.25% | 0% | 4.426% |
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| Above based on 80% loan-to-value purchase or rate/term refinance. |
|
15 Year Fixed
Term: 15 years
Maximum Amount: $417,000
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| Rates | Points | APR |
|---|
| 3.75% | 1% | 4.123% |
| 4% | 0% | 4.224% |
| |
| Above rate based on 80% loan-to-value for a purchase or rate/term transaction. |
|
3/1 ARM
An adjustable rate mortgage program with the inital rate fixed for a period of 3 years. Rate is adjusted 2% annually thereafter. Life time rate cap is 6% over the start rate. Margin is 2.25%. The index is based on the 1 year LIBOR. CALL FOR CURRENT RATES.
Term: 30 years
Maximum Amount: $417,000
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| Rates | Points | APR |
|---|
| 3.375% | 1% | 3.563% |
| 3.875% | 0% | 3.594% |
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5/1 ARM
An adjustable rate mortgage with the initial rate fixed for a period of 5 years. Rate is adjusted 5% at the initial change date at the 61st month and 2% annually thereafter. Lifetime rate cap is 5% over the initial start rate. Margin is 2.25%. The index is the 1 year LIBOR. PLEASE CALL FOR CURRENT INTEREST RATES.
Term: 30 years
Maximum Amount: $417,000
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| Rates | Points | APR |
|---|
| 3.125% | 1% | 3.477% |
| 3.5% | 0% | 3.528% |
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7/1 ARM
An adjustable rate mortgage with the initial rate fixed for a period of 7 years. Rate can be adjusted to a maximum of 5% at the initial change date at the 85th month, and 2% annually thereafter. Lifetime rate cap is 5% over the initial start rate. Margin is 2.25%. The index is the 1 year LIBOR. PLEASE CALL FOR INTEREST RATES.
Term: 30 years
Maximum Amount: $417,000
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| Rates | Points | APR |
|---|
| 3.5% | 1% | 3.628% |
| 3.875% | 0% | 3.723% |
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FHA 30 Year Fixed
Term: 30 years
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| Rates | Points | APR |
|---|
| 4.375% | 0% | 4.815% |
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $150,000 with closing costs of $3,000. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $471,001 with closing costs of $4,710. Your actual APR may be different depending upon these factors.
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