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Effective Date: 5/12/08
Program |
Term* |
Rate %
|
Origination Points % |
APR*** |
First Mortgage Single Family-
Fixed Rate
(Not presently available for construction loans) |
30yrs (95% LTV)
30yrs (97% LTV)
30yrs (100% LTV)
20yrs
15yrs
10yrs |
6.250%
6.500%
6.750%
6.250%
5.750%
5.750%
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0
0
0
0
0
0
|
Call 335-5000
for other rate options or checkout
mortgageexpress on our website |
Adjustable Rate Mortgages
(Includes New Construction)****
Maximum Financing 90% |
3/3 yr.
5/5 yr.
7/1 yr. |
5.50%
5.75%
6.00% |
1
1
1 |
5.631%
5.883%
6.135% |
40 Year Term
Adjustable Rate Mortgages
(Includes New Construction)**** |
3/3 yr
5/5 yr
7/1 yr |
6.00%
6.25%
6.50% |
1
1
1 |
6.135%
6.387%
6.639% |
Land
Must apply in person |
20 yr amortization
10 yr balloon |
6.125% |
1 |
6.188%
Rate above reflects an 80%
Loan to Value |
Example: 30 year fixed rate program with 2 points; the rate would be 5.875%. Based on a purchase price of $125,000 with 20% down payment, the amount financed would be $100,000 with 360 monthly payments of approximately $591.53 (principal and interest), a finance charge of $112,951.00, bringing the total payment to $212,951.00.
The APR may increase after consummation of the loan.
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Personal Loan Rates
