Wednesday, March 10, 2010

 

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*All conforming programs posted reflect the total origination fee and discount points required.

Quotes are based on a Purchase and Rate/Term Refinance of Primary Residence.

20 day lock period applies.         

10 Day Closings for Qualified Purchases!  Call for details.

 

LOAN TERM

RATE

ORIG/POINTS

APR

LOAN TYPE: CONFORMING

30 YEAR

FIXED

4.75%

.500

4.867%

COMMENTS:
1. *Rates shown are based on loans greater than $175,000 and credit score =>750.

 **Rates shown are based on loans greater than $175,000 and credit score =>720.

***Note: No points/no origination, based on $175,000 & credit score =>740

2. Certain restrictions may apply based on, but not limited to: credit scores, loan to value requirements, escrow waivers, occupancy, and refinance type.

3. Points or rate could adjust depending on LTV and FICO at time of final credit report.  Lower rates potentially available for paying points in addition to origination fee.

 

    30 YEAR

FIXED

***4.875%

0.00

4.950%

15 YEAR

FIXED

*4.25%

 

0.00

4.377%

 

 

 

 

 

 

LOAN TERM

RATE

ORIG/POINTS

APR

LOAN TYPE: CONFORMING

5/1 ARM

 3.25%

       1.00

3.313%

COMMENTS:
1. Rates shown are based on loans > 175,000
2. 35 day lock
3. Certain credit restrictions apply

4. Fully indexed rate based on investor-select indices, plus fixed margin – Ask for details.

5. Call for interest only rate quotes on ARMs.

6. 10 yr ARM has Interest only option

 

 

 

 

10/1ARM

 4.125%

1.00

3.769%

 

 

 

 

 

 

 

 

LOAN TERM         

RATE

ORIG/POINTS        

APR 

LOAN TYPE:  JUMBO

30 YEAR

FIXED

5.625%

     .50

5.692%

Primary Residence up to $1,000,000=< 80% Loan to Value and certain loan to value restrictions may apply

 

LOAN TERM     RATE     ORIG/POINTS     APR           LOAN TYPE:  JUMBO

5/1 ARM

4.125%

1.00

3.510%

COMMENTS:
1. Loan amounts up to $1,500.000.

2. Certain LTV restrictions apply
3. 45 day Lock: loans up to $1,000,000. – Rate based on $650,000

7/1 ARM

4.75%

1.00

3.809%

4. Call for our Super Jumbo Rates.

5. Fully indexed rate based on investor-select indices, plus fixed rate margin

6. For North Carolina Real Estate only

 

 

 

 

 

LOAN TERM

RATE

ORIG/POINTS

APR

LOAN TYPE:  CONSTRUCTION, RENOVATION, AND LOT LOANS

 

Construction 

12 month term

 

CALL

 

1.000/1.00

 

CALL

COMMENTS:
1. 85% LTV to $417,000 – 660 min FICO

2. 80% LTV to $650,000 – 660 min FICO

3.Owner Occupied or Second home

Renovation

Loan

 

 

 

 

LOT

3 year term

 

 

 

CALL

 

 

 

 

 

CALL

 

 

 

1.000/1.00

 

 

 

 

 

1.000/1.00

  

  

    CALL

 

    

 

    CALL

 

 

1. 85% LTV  to $417,000 – 660 min FICO (Owner Occupied only)

2. 80% LTV to $650,000 – 660 min FICO (Owner Occupied or Second home)

 

1. 70% LTV of purchase price $50,000 to $200,000 – 660 min FICO

2. 60% max LTV to purchase price of $500,000

3. Certain restrictions apply, call for details



 ALL PROGRAMS POSTED REFLECT THE TOTAL ORIGINATION FEE

AND DISCOUNT POINTS REQUIRED.

Rates are subject to change without notice, certain restrictions may apply