Conventional First Mortgage Rates
For Home Equity loans and other loans, refer to the Loans and Financing information.
|
Conforming (loans to $417,000) |
|---|
| Loan Program |
Rate |
Points |
Origination Fee |
| 30-year fixed |
4.375% |
0 |
1.0 |
| 15-year fixed |
3.75% |
0 |
1.0 |
| 3/1 ARM |
3.05% |
0 |
1.0 |
| 3/1 ARM I/O |
3.30% |
0 |
1.0 |
| 5/1 ARM |
3.25% |
0 |
1.0 |
| 5/1 ARM I/O |
3.375% | 0 |
1.0 |
| 30-year FHA fixed |
4.375% |
0 |
1.0 |
| 20-year fixed |
4.25% |
0 |
1.0 |
| (Rates based on loans $200,000 or larger.) |
- Desktop underwriting for both FNMA and FHLMC loans.
- Cash-out owner occupied to 85%.
- Cash-out non-owner occupied to 75%.
- Non-owner occupied purchases to 80%.
- Expanded qualifying debt ratios.
- Less documentation for self-employed, commissioned, and non-occupant co-borrowers.
- Flexible 5% down payment programs.
Maximum loan amounts:
1 unit = $417,000
2 units = $533,850
3 units = $645,300
4 units = $801,950
| Jumbo (loans greater than $417,000) |
|---|
| Loan Program |
Rate |
Points |
Origination Fee |
| 30-year fixed |
5.45% | 0 |
1.0 |
| 15-year fixed |
4.80% |
0 |
1.0 |
| 3/1 ARM |
3.05% |
0 |
1.0 |
| 3/1 ARM I/O |
3.30% |
0 |
1.0 |
| 5/1 ARM |
3.70% |
0 |
1.0 |
| 5/1 ARM I/O |
4.0% |
0 |
1.0 |
- Combination 1st & 2nd mortgages available to avoid mortgage insurance and/or JUMBO rates.
- No origination fee loans and no-cost loans.
- Pay points to get a lower rate.
- Call or e-mail us for quotes on other programs or other rates.
Rates updated as of: 7/27/10, 11:55am
**Rates are subject to change without notice
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