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| Conforming 30 yr fixed rate mortgage |
| Conforming 20 yr fixed rate mortgage |
| Conforming 15 yr fixed rate mortgage |
| Conforming 3 yr ARM |
| Conforming 5 yr ARM |
| Conforming 7 yr ARM |
| Jumbo 3 yr ARM |
| Jumbo 5 yr ARM |
| 6 Month or 1 Month Interest only Libor |
| Conforming and Non-Conforming 5 yr Interest only |
| Jumbo 15 yr fixed |
| Jumbo 30 yr fixed |
| 30 Year Interest Only |
| Conforming 40 Year Fixed |
Rates last updated on Friday, August 22, 2008
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Conforming 30 yr fixed rate mortgage
Program Summary: A conforming amortized loan with a fixed interest rate for the term of the loan (30 years). This rate is for a primary residence. A 30 Year Fixed rate loan for an Investment property will be higher. Call for details.
Term: 30 years
Maximum Amount: $417,000
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| Rates | Points | APR |
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| 6.25% | 0% | 6.394% |
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Conforming 20 yr fixed rate mortgage
Program Summary: A conforming amortized loan with a fixed interest rate for the term of the loan (20 years).
Term: 20 years
Maximum Amount: $333,700
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| Rates | Points | APR |
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| 6.125% | 0% | 6.314% |
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Conforming 15 yr fixed rate mortgage
Program Summary: A conforming amortized loan with a fixed interest rate for the term of the loan (15 years).
Term: 15 years
Maximum Amount: $333,700
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| Rates | Points | APR |
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| 6% | 0% | 6.237% |
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Conforming 3 yr ARM
Program Summary: A 30 year conforming conventional LIBOR ARM that is fixed for the intial 3 years then rolls into a one year ARM for the remainder of the term.
Term: 30 years
Maximum Amount: $333,700
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| Rates | Points | APR |
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| 6.125% | 0% | 4.829% |
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Conforming 5 yr ARM
Program Summary: A 30 year conforming conventional LIBOR ARM that is fixed for the intial 5 years then rolls into a one year ARM for the remainder of the term.
Term: 30 years
Maximum Amount: $333,700
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| Rates | Points | APR |
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| 6% | 0% | 5.043% |
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Conforming 7 yr ARM
Program Summary: A 30 year conforming conventional LIBOR ARM that is fixed for the initial 7 years then rolls into a one year ARM for the remainder of the term.
Term: 30 years
Maximum Amount: $333,700
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| Rates | Points | APR |
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| 6.25% | 0% | 5.39% |
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Jumbo 3 yr ARM
Program Summary: A 30 year non-conforming LIBOR ARM. The interest rate is fixed for the initial 3 years then rolls into a one year ARM for the remainder of the loan term. After the initial fixed term, the loan will fully amortize during the adjustable rate period. Minimum loan amount is $100,000, and the maximum loan amount is $2,000,000.
Term: 30 years
Maximum Amount: $2,000,000
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| Rates | Points | APR |
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| 5.625% | 0% | 4.706% |
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Jumbo 5 yr ARM
Program Summary: A 30 year non-conforming LIBOR ARM. The interest rate is fixed for the initial 5 years then rolls into a one year ARM for the remainder of the loan term. On this loan the borrower may choose between a fully amortizing ARM and a product with a Interest Only payment during the initial fixed term of 5 years. After the initial fixed term, the loan will fully amortize during the adjustable rate period. Minimum loan amount is $100,000, and the maximum loan amount is $2,000,000.
Term: 30 years
Maximum Amount: $2,000,000
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| Rates | Points | APR |
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| 6.375% | 0% | 5.192% |
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6 Month or 1 Month Interest only Libor
Program Summary: Six-Month or Monthly-Adjustment Options: You can initially choose to have your interest rate and monthly payments change every six months or every month. Your interest rate can never be more than your initial rate plus 5% or 12% whichever is greater. Interest-Only Period: Your minimum required monthly payment will be interest only for the first 10 years. During this period, your payments will be based on the interest rate and outstanding principle loan balance. Amortization Period: Your minimum required monthly payment will be interest and principle after the first 10 years until the end of the term. During this period, your payments will be based on the interest rate, loan balance, and remaining loan term of 15 years. Minimum loan $100,000, Maximum laon $1,000,000.
Term: 25 years
Maximum Amount: $1,000,000
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| Rates | Points | APR |
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| 4% | 0% | 4.293% |
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Conforming and Non-Conforming 5 yr Interest only
Program Summary: This product is a 5/1 LIBOR ARM with an Interest Only payment during the initial 5 year fixed term. The loan is then fully amortized for the remaining 25 years as an adjustable rate mortgage. Maximum loan amount is $2,000,000.
Term: 30 years
Maximum Amount: $2,000,000
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| Rates | Points | APR |
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| 6% | 1% | 5.137% |
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Jumbo 15 yr fixed
Program Summary: A fixed rate, fully amortizing non-conforming mortgage with conforming and non-conforming amounts. 15 year term. Minimum loan amount is $50,000 and Maximum is $1,500,000.
Term: 15 years
Maximum Amount: $1,500,000
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| Rates | Points | APR |
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| 5.75% | 0% | 5.985% |
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Jumbo 30 yr fixed
Program Summary: A fixed rate, fully amortizing non-conforming mortgage with conforming and non-conforming amounts. 30 year term. Minimum loan amount is $50,000 and Maximum is $1,500,000.
Term: 30 years
Maximum Amount: $1,500,000
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| Rates | Points | APR |
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| 6.5% | 0% | 6.646% |
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30 Year Interest Only
This product features a 30-Year fixed rate with interest only payments for either the first 10 or 15 years of the loan. The loan fully amortizes for the remainder of the 30 year term.
Term: 30 years
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| Rates | Points | APR |
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| 6.875% | 0% | 7.024% |
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Conforming 40 Year Fixed
Term: 40 years
Maximum Amount: $417,000
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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 $333,700 with closing costs of $6,674. 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 $500,000 with closing costs of $10,000. Your actual APR may be different depending upon these factors.
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