| ARM rate guaranteed for 45 days after application is received. ARM is a discounted rate, ARM 5-1 fixed for five years, ARM 3-1 fixed for three years, before entering the variable rate period where the rate could change annually. |
| Loan Type |
Rate |
ANNUAL PERCENTAGE RATE |
Fees |
Amount Loaned / Amount Financed |
Maximum Term |
30 Year 3-1 ARM
2% and 6% caps |
4.625% |
3.792% |
Pass Thru Costs |
Up to 80% for Purchases
Up to 80% for Refinances
Maximum of $417,000.00 |
30 Years |
30 Year 5-1 ARM
2% and 6% caps |
4.875% |
4.017% |
Pass Thru Costs |
Up to 90% for Purchases
or Refinances
Maximum of $417,000.00 |
30 Years |
Jumbo Loans
30 Year 5-1 Arm |
6.625% |
5.447% |
1.0% loan fee plus closing costs |
Maximum 80% LTV for Purchases or Refinances
Jumbos are over $417,000.00 |
30 Years |
Land Loans
30 Year 5-1 Arm |
6.000% |
4.467% |
1.0% loan fee plus closing costs |
Maximum 75% LTV for Purchases or Refinances
Maximum of $417,000.00 |
30 Years |
Floating Home Loans
30 Year 5-1 Arm |
5.875% |
4.411% |
0.5% loan fee plus closing costs |
Maximum 80% LTV for Purchases or Refinances
Maximum of $417,000.00 |
30 Years |
Floating Home Loans
30 Year FIXED |
7.875% |
8.015% |
1.0% loan fee plus closing costs |
Maximum 80% LTV for Purchases or Refinances
Maximum of $417,000.00 |
30 Years |
Rentals
30 Year ARM 3-1 |
5.375% |
3.972% |
0.5% loan fee plus closing costs |
Up to 75% LTV - Refinance or Purchase
Maximum of $417,000.00 |
30 Years |
| effective
7/2/09
|
