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Current Rates and Programs
Contact Us to Apply Today!
Current Rates as of Thursday, October 9, 2008, 4:35 PM
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Conforming Mortgages up to $417,000:
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PRODUCTS |
RATE |
APR |
MONTHLY PAYMENT (PRINCIPAL & INTEREST) |
TERM |
POINTS |
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30 Year Fixed |
6.250% |
6.300% |
615.72 |
30 years |
0.000 |
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15 Year Fixed |
6.000% |
6.082% |
843.46 |
15 years |
0.000 |
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5/1 Converts to a 1 year ARM after year 5 |
5.750% |
6.028% |
583.57 |
30 years |
0.000 |
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Jumbo Mortgages over $417,000: |
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PRODUCTS |
RATE |
APR |
MONTHLY PAYMENT (PRINCIPAL & INTEREST) |
TERM |
POINTS |
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30 Year Fixed |
6.750% |
6.760% |
648.60 |
30 years |
0.000 |
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5/1 ARM converts to 1 year ARM after year 5* |
5.750% |
6.028% |
593.57 |
30 years |
0.000 |
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3/1 ARM converts to 1 year ARM after year 3* |
6.000% |
6.053% |
599.55 |
30 years |
0.000 |
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Government Mortgages: |
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PRODUCTS |
RATE |
APR |
MONTHLY PAYMENT (PRINCIPAL & INTEREST) |
TERM |
POINTS |
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FHA 30 year Fixed Rate Mortgage |
6.500% |
6.530% |
623.87 |
30 years |
0.000 |
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CHFA 30 year Fixed Rate Mortgage |
5.750% |
5.872% |
593.57 |
30 years |
1.000 |
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VA 30 year Fixed Rate Mortgage |
6.625% |
6.655% |
632.07 |
30 years |
0.000 |
Other Programs and Rates Available
º Interest Only Options
º Construction Loans
º Bridge Lines
º Home Equity Lines and Loans
º Loans with 100% Financing for Purchases
***Interest Rates change daily and are not guaranteed as shown***
RATES ASSUME A MAXIMUM 80% LOAN-TO-VALUE. FOR LOANS HIGHER THAN 80% LOAN-TO-VALUE, MORTGAGE INSURANCE MAY INCREASE THE RATE AND APR PAID. MONTHLY PAYMENTS ASSUME A LOAN AMOUNT OF $100,000. AN APPLICATION FEE OF $525 IS INCLUDED IN THE APR, NO OTHER CLOSING COSTS ARE INCLUDED IN THE ANNUAL PERCENTAGE RATE (APR). HOWEVER, FOR THE 5/1 ARM POINTS OR ORIGINATION FEE IS EQUAL TO 1% OF THE AMOUNT FINANCED AND IS INCLUDED IN THE APR. CLOSING COSTS VARY PER REGION. ASK US ABOUT OUR CLOSING COSTS. RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE AND MAY VARY DEPENDING UPON THE APPLICANT’S UNIQUE CREDIT HISTORY AND THE DETAILS OF THE TRANSACTION.
*ON ADJUSTABLE OR VARIABLE RATE LOANS, THE RATE MAY CHANGE AFTER CONSUMMATION.
OTHER RESTRICTIONS MAY APPLY. ASK FOR DETAILS.
ALL LOANS ARE SUBJECT TO CREDIT APPROVAL.
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