|
As of March 11, 2010
|
|
Term
|
Rate
|
|
Points
|
|
|
$120,000 and over
|
15 Years
|
4.250%
|
4.249%
|
0.00
|
$ 902.73
|
|
|
20 Years
|
4.750%
|
4.947%
|
0.00
|
$ 775.47
|
|
|
30 Years
|
4.750%
|
4.892%
|
0.00
|
$ 625.98
|
|
FHA
|
Term
|
Rate
|
|
Points
|
|
|
$100,000 and over
|
30 Years
|
4.750%
|
4.763%
|
0.00
|
$ 529.47
|
Rates are not guaranteed until you
sign a locked interest rate agreement. Rates are subject to
change without notice. Rates and terms vary depending on the
specific loan characteristics and applicant credit profile.
Other rates and products are available, including VA loans.
Rates quoted are 45 day locks for single family, owner occupied, primary
residence only.
|
1
|
Jumbo loans (loan amount greater than $417,000) and loans
less than $100,000 may differ in rate.
|
| |
|
2
|
These Rates and Annual Percentage Rates (APR) assume a loan
amount of $100,000 with a 20% down payment. A down payment of
less than 20% would require private mortgage insurance, which
would increase the APR.
|
| |
|
3
|
This Rate and Annual Percentage Rate assume a loan amount of
$101,500 (base loan amount of $100,000 plus 1.5% financed upfront
mortgage insurance premium) and a 3% down payment.
|
| |
|
4
|
Payment equals the monthly principal and interest payment for
conventional loans. The FHA payment includes the monthly
mortgage insurance premium.
|
| |
|
