Rates subject to change without notice.
100% Financing is available on certain programs
Fixed Rate Mortgages
Effective as of 2008-05-16 10:24:13
APR = Annual Percentage Rate
40 Year Mortgage
| Points | Interest Rate | APR |
|---|
| 0 | 6.625% | 6.660% |
| 1 | 6.375% | 6.492% |
| 2 | 6.125% | 6.322% |
30 Year Mortgage
| Points | Interest Rate | APR |
|---|
| 0 | 6.125% | 6.164% |
| 1 | 5.875% | 6.008% |
| 2 | 5.625% | 5.850% |
20 Year Mortgage
| Points | Interest Rate | APR |
|---|
| 0 | 6.125% | 6.177% |
| 1 | 5.875% | 6.052% |
| 2 | 5.625% | 5.926% |
15 Year Mortgage
| Points | Interest Rate | APR |
|---|
| 0 | 5.875% | 5.940% |
| 1 | 5.625% | 5.847% |
| 2 | 5.375% | 5.753% |
10 Year Mortgage
| Points | Interest Rate | APR |
|---|
| 0 | 5.750% | 5.842% |
| 1 | 5.500% | 5.814% |
| 2 | 5.250% | 5.787% |
Interest First Mortgages
Effective as of 2008-05-16 10:24:13
15/15 Fixed
| Points | Interest Rate | APR |
|---|
| 0 | 6.750% | 6.791% |
| 1 | 6.500% | 6.638% |
| 2 | 6.250% | 6.483% |
10/20 Fixed
| Points | Interest Rate | APR |
|---|
| 0 | 6.750% | 6.791% |
| 1 | 6.500% | 6.638% |
| 2 | 6.250% | 6.483% |
Interest Only Mortgages
Effective as of 2008-05-16 10:24:13
3/1 ARM (3 Year Int. only)
| Points | Interest Rate | APR |
|---|
| 0 | 5.500% | 5.016% |
| 1 | 5.250% | 5.045% |
| 2 | 5.000% | 5.074% |
3/1 ARM (10 Year Int. only)
| Points | Interest Rate | APR |
|---|
| 0 | 5.500% | 5.016% |
| 1 | 5.250% | 5.045% |
| 2 | 5.000% | 5.074% |
5/1 ARM (5 Year Int. only)
| Points | Interest Rate | APR |
|---|
| 0 | 5.875% | 5.254% |
| 1 | 5.625% | 5.249% |
| 2 | 5.375% | 5.244% |
5/1 ARM (10 Year Int. only)
| Points | Interest Rate | APR |
|---|
| 0 | 5.875% | 5.254% |
| 1 | 5.625% | 5.249% |
| 2 | 5.375% | 5.244% |
No Points/No Closing Costs
For Refinances And Purchases
- Single Family Only
Effective as of 2008-05-16 10:18:45
($100,000.00 minimum loan requirement)
30 Years
| Interest Rate | APR |
|---|
| 6.625% | 6.625% |
20 Years
| Interest Rate | APR |
|---|
| 6.625% | 6.625% |
15 Years
| Interest Rate | APR |
|---|
| 6.375% | 6.375% |
10 Years
| Interest Rate | APR |
|---|
| 6.250% | 6.250% |
Adjustable Rate Mortgage
Effective as of 2008-05-16 10:18:03
Margin: 2.875%
2% Adjustment/ 5% Lifetime Cap
| Fixed Period* | Interest Rate** | APR | Index |
|---|
| 7 Years | 5.750% | 5.280% | 1.94% |
| 5 Years | 5.500% | 5.110% | 1.94% |
2% Adjustment/ 6% Lifetime Cap
| Fixed Period* | Interest Rate** | APR | Index |
|---|
| 3 Years | 5.125% | 4.926% | 1.94% |
| 1 Year | 4.375% | 4.814% | 1.94% |
* 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 2008-05-16 10:24:13
(6 month construction period interest only based on prime rate.)
30 Years
| Points | Interest Rate | APR |
|---|
| 0 | 6.375% | 6.502% |
| 1 | 6.125% | 6.347% |
| 2 | 5.875% | 6.190% |
15 Years
| Points | Interest Rate | APR |
|---|
| 0 | 6.125% | 6.334% |
| 1 | 5.875% | 6.242% |
| 2 | 5.625% | 6.151% |
Fixed Rate Investment Properties
Effective as of 2008-05-16 10:18:45
30 Years
| Interest Rate | APR |
|---|
| 6.875% | 6.916% |
15 Years
| Interest Rate | APR |
|---|
| 6.625% | 6.692% |
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.
