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| C30 |
| C30 Interest Only |
| C15 |
| FHA 30 |
| FHA 15 |
| Construction |
Rates last updated on Tuesday, June 10, 2008
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C30
This is your standard 30 year fixed rate product, no pre-payment penality.
Term: 30 years
Maximum Amount: $417,000
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| Rates | Points | APR |
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| 6.375% | 0% | 6.392% |
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C30 Interest Only
This is a standard 30 year mortgage wioth a 10 year interest only period. At the end of the 10 year period the loan ammoritizes over the remaining 20 years left on the mortgage.
Term: 30 years
Maximum Amount: $417,000
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| Rates | Points | APR |
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| 6.75% | 0% | 6.768% |
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C15
This is your standard 15 year fixed rate product, no pre-payment penalities.
Term: 15 years
Maximum Amount: $417,000
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| Rates | Points | APR |
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| 6.125% | 0% | 5.528% |
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FHA 30
This is your standard 30 year fixed rate program underwriten to FHA guidelines.
Term: 30 years
Maximum Amount: $417,000
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| Rates | Points | APR |
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| 6.375% | 0% | 5.931% |
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FHA 15
This is a 15 year fixed rate mortgage underwritten to FHA guidlelines.
Term: 15 years
Maximum Amount: $417,000
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| Rates | Points | APR |
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| 6.125% | 0% | 5.725% |
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Construction
We can provide interim construction financing. We can provide this type of financing on modular and tradional stick financing. We also have the ability to provide FHA 203K financing to borrower who meet the criteria. Please be advised that pricing of these types of loan is on a case by case basis. Construction financing in the current market cycle is challenging at best. With over 15 years of doing construction loans we feel we are more than qualified to handle you needs.
Term: 12 months
Maximum Amount: $1,000,000
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $750. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $750. Your actual APR may be different depending upon these factors.
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