|
RATES CURRENT AS OF: 11/12/2008
|
|
INTEREST RATE
|
LOAN ORIGINATION FEE
|
DISCOUNT POINTS
|
CONVENTIONAL INTEREST RATES
(LOAN AMOUNT UP TO $417,000.00)
30 YEAR MORTGAGE/30 DAY LOCK
|
|
6.125%
|
1.00%
|
-0-
|
15 YEAR MORTGAGE/30 DAY LOCK
|
|
5.875%
|
1.00%
|
-0-
|
CONVENTIONAL ARM INTEREST RATES/30 DAY LOCK
3/1
|
|
%
|
1.00%
|
-0-
|
5/1
|
|
%
|
1.00%
|
-0-
|
7/1
|
|
%
|
1.00%
|
-0-
|
FHA INTEREST RATES
(LOAN AMOUNT UP TO $271,050.00(SINGLE FAMILY UNIT))
30 YEAR MORTGAGE/30 DAY LOCK
|
|
6.000%
|
.500%
|
-0-
|
15 YEAR MORTGAGE/30 DAY LOCK
|
|
6.000%
|
.500%
|
-0-
|
VA INTEREST RATES
(LOAN AMOUNT UP TO $417,000.00)
30 YEAR MORTGAGE/30 DAY LOCK
|
|
6.000%
|
1.00%
|
-0-
|
15 YEAR MORTGAGE/30 DAY LOCK
|
|
6.000%
|
1.00%
|
-0-
|
3/1 ARM
|
|
%
|
%
|
--
|
5/1 ARM
|
|
%
|
%
|
--
|
|
W.C.D.A
STEP-RATE MORTGAGE
|
FUNDS AVAIL: $ 2,327,425.00
|
|
INTEREST RATE
|
LOAN ORIGINATION FEE
|
COMMITMENT FEE
|
% -1st YEAR
% -2nd YEAR
% -3rd YEAR TO TERM
|
%
|
--
|
FIXED RATE MORTAGE
|
|
7.000%
|
1.00%
|
-.500-
|