Rates subject to change without notice.
100% Financing is available on certain programs
Fixed Rate Mortgages
Effective as of 2008-05-09 11:10:51
APR = Annual Percentage Rate
40 Year Mortgage
| Points | Interest Rate | APR |
|---|
| 0 | 6.500% | 6.535% |
| 1 | 6.250% | 6.366% |
| 2 | 6.000% | 6.195% |
30 Year Mortgage
| Points | Interest Rate | APR |
|---|
| 0 | 6.000% | 6.039% |
| 1 | 5.750% | 5.882% |
| 2 | 5.500% | 5.723% |
20 Year Mortgage
| Points | Interest Rate | APR |
|---|
| 0 | 5.875% | 5.927% |
| 1 | 5.625% | 5.801% |
| 2 | 5.375% | 5.674% |
15 Year Mortgage
| Points | Interest Rate | APR |
|---|
| 0 | 5.625% | 5.690% |
| 1 | 5.375% | 5.595% |
| 2 | 5.125% | 5.500% |
10 Year Mortgage
| Points | Interest Rate | APR |
|---|
| 0 | 5.500% | 5.592% |
| 1 | 5.250% | 5.562% |
| 2 | 5.000% | 5.534% |
Interest First Mortgages
Effective as of 2008-05-09 11:10:51
15/15 Fixed
| Points | Interest Rate | APR |
|---|
| 0 | 6.500% | 6.540% |
| 1 | 6.250% | 6.386% |
| 2 | 6.000% | 6.230% |
10/20 Fixed
| Points | Interest Rate | APR |
|---|
| 0 | 6.500% | 6.540% |
| 1 | 6.250% | 6.386% |
| 2 | 6.000% | 6.230% |
Interest Only Mortgages
Effective as of 2008-05-09 11:10:51
3/1 ARM (3 Year Int. only)
| Points | Interest Rate | APR |
|---|
| 0 | 5.125% | 4.918% |
| 1 | 4.875% | 4.946% |
| 2 | 4.625% | 4.975% |
3/1 ARM (10 Year Int. only)
| Points | Interest Rate | APR |
|---|
| 0 | 5.125% | 4.918% |
| 1 | 4.875% | 4.946% |
| 2 | 4.625% | 4.975% |
5/1 ARM (5 Year Int. only)
| Points | Interest Rate | APR |
|---|
| 0 | 5.500% | 5.104% |
| 1 | 5.250% | 5.098% |
| 2 | 5.000% | 5.093% |
5/1 ARM (10 Year Int. only)
| Points | Interest Rate | APR |
|---|
| 0 | 5.500% | 5.104% |
| 1 | 5.250% | 5.098% |
| 2 | 5.000% | 5.093% |
No Points/No Closing Costs
For Refinances And Purchases
- Single Family Only
Effective as of 2008-05-09 10:31:48
($100,000.00 minimum loan requirement)
30 Years
| Interest Rate | APR |
|---|
| 6.500% | 6.500% |
20 Years
| Interest Rate | APR |
|---|
| 6.375% | 6.375% |
15 Years
| Interest Rate | APR |
|---|
| 6.125% | 6.125% |
10 Years
| Interest Rate | APR |
|---|
| 6.000% | 6.000% |
Adjustable Rate Mortgage
Effective as of 2008-05-09 10:30:43
Margin: 2.875%
2% Adjustment/ 5% Lifetime Cap
| Fixed Period* | Interest Rate** | APR | Index |
|---|
| 7 Years | 5.500% | 5.149% | 1.93% |
| 5 Years | 5.250% | 5.009% | 1.93% |
2% Adjustment/ 6% Lifetime Cap
| Fixed Period* | Interest Rate** | APR | Index |
|---|
| 3 Years | 4.875% | 4.858% | 1.93% |
| 1 Year | 4.000% | 4.774% | 1.93% |
* After the initial fixed period expires, rates are adjusted on a 1
year period.
** Rate listed is for No Point ARMs
Construction Loans
Effective as of 2008-05-09 11:10:51
(6 month construction period interest only based on prime rate.)
30 Years
| Points | Interest Rate | APR |
|---|
| 0 | 6.250% | 6.376% |
| 1 | 6.000% | 6.220% |
| 2 | 5.750% | 6.063% |
15 Years
| Points | Interest Rate | APR |
|---|
| 0 | 5.875% | 6.082% |
| 1 | 5.625% | 6.989% |
| 2 | 5.375% | 5.897% |
Fixed Rate Investment Properties
Effective as of 2008-05-09 10:31:48
30 Years
| Interest Rate | APR |
|---|
| 6.875% | 6.916% |
15 Years
| Interest Rate | APR |
|---|
| 6.500% | 6.567% |
1-2 Family 10% down with 3 points
3-4 Family 25% down with 2 points
Prime Rate
Effective as of 2008-05-02 17:13:00
*APR is based on $100,000.00 loan with a loan-to-value of 80%, closing the first day of the month including $419.00 in prepaid closing costs.
