Rates Effective as of MAY 09, 2008                   12:00 PM
 
Single Family
Owner Occupied

Loans $417,000 or less
(as of 01/01/2006)

Appraisal Fee $300.00

*Non-conforming Loans, add 1.50% to rate and 1.00% to points
*Non-conforming are loans not meeting FNMA guidelines
Loans with 3% - 19% down will be required to have PMI Insurance.

JUMBO LOANS - SINGLE FAMILY
ADD .375% TO RATE SHOWN BELOW

Cash out refinances: LTV 70% or greater, add .125% to the rate
 

Fixed Rate Mortgages
Rate Point Annual Percentage
Rate (APR)
30 Year    
5.500% 2.00% 5.74%
5.750% 1.00% 5.90%
6.000% 0.00% 6.05%
25 Year    
5.375% 2.00% 5.64%
5.625% 1.00% 5.79%
5.875% 0.00% 5.94%
20 Year    
5.250% 2.00% 5.57%
5.500% 1.00% 5.69%
5.750% 0.00% 5.82%
15 Year    
4.875% 2.00% 5.27%
5.125% 1.00% 5.37%
5.375% 0.00% 5.46%
12 Year    
5.000% 1.00% 5.29%
5.250% 0.00% 5.36%

10 Year

    
4.750% 1.00% 5.09%
5.000% 0.00% 5.13%

**NOW AVAILABLE**

 

40 YEAR AMORTIZATION MORTGAGES

6.875%   0.00% PT  6.92% APR

 

New construction Loans are now available.
Please call or stop in and see one of our Loan Officers for details.

 
 

Adjustable Rate Mortgage Programs*
1 Yr Rate Guarantee 4.000% 4.96% APR 0.00 Points 30 Year Amort.
3 Yr Rate Guarantee 4.250% 4.87% APR 0.00 Points 30 Year Amort.
5 Yr Rate Guarantee 5.000% 5.05% APR 0.00 Points 30 Year Amort.
7 Yr Rate Guarantee 5.750% 5.43% APR 0.00 Points 30 Year Amort.

 

*Rate may increase after consummation
2% Adjustment Cap - 8% Ceiling** - 5% Floor
**Ceiling is initial rate plus 8%
Adjustments will be at 2.75% over the 1 year U.S. Treasury Index
 

Fixed Rates - 60 day commitment
Adjustable Rates - 120 day commitment

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