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Interest Rates As Low as:
As of October 13, 2008
Interest Rates Subjext to Change Based on Market Conditions
With automatic loan payment discount.
30 Year Fixed:
6.625%
6.691% APR
15 Year Fixed:
6.250%
6.358% APR
5/1 ARM:
6.375%
5.892% APR
HELOC:
4.500%
Equity / Home Improvement:
6.375% - 8.375%
On a 30 year fixed rate mortgage loan for $165,000 with an interest rate of 5.750% (5.811% APR) with a minimum down payment of 20%, the principal and interest payment would be $963 per month.
For additional loan payment calculations please click onto "Loan Center" then click onto "Calculators" then click onto "Monthly Payment" to create your own customized principal and interest payment. |
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| Fixed Rate |
| HELOC |
| Bi Weekly |
| Fixed Equity |
| SONYMA |
| VA |
| 1/1 ARM |
| 3/1 ARM |
| 5/1 ARM |
| 7/1 ARM |
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Fixed Rate
Fixed interest rate.
Maximum 100% loan to value.
Terms 10 - 30 years.
Term: 30 years
Maximum Amount: $417,000
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HELOC
Interest rate is Prime Rate minus 1% for the life of the loan.
Interest only for the first 20 years. Interest Rate adjusted every 3 months.
Borrow up to 90% of your home value.
Minimum monthly principal payments of $100 to start after 20 years.
Lifetime Cap 16%. Minimum Interest Rate 1% under starting note rate.
No closing costs at account opening, but you may be required to reimburse us for fees if the loan is modified or account closed within 3 years of opening.
Term: 20 years
Maximum Amount: $500,000
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Bi Weekly
Bi Weekly payments are due every other Friday. Each payment has 14 days interest.
Loan pays down faster than normal amortization, and saves interest expense.
Fixed interest rate.
Maximum 100% loan to value.
Terms 10 - 30 years.
Term: 30 years
Maximum Amount: $500,000
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Fixed Equity
Fixed interest rate 1 - 10 years.
Borrow up to 90% of your home value.
No closing costs at account opening, but you may be required to reimburse us for fees if the loan is modified or account closed within 3 years of opening.
Term: 10 years
Maximum Amount: $30,000
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SONYMA
Low fixed interest rate. 20, 25, 30 year terms only.
Closing Cost Assistance Loans available, $1,000 to $5,000 for actual closing costs.
First Time Home Buyer. Income limits.
Maximum 97% loan to value.
Term: 30 years
Maximum Amount: $190,120
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VA
Fixed interest rate.
Maximum 100% loan to value.
Terms 10 - 30 years.
Term: 30 years
Maximum Amount: $359,650
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1/1 ARM
The interest rate is fixed for 1 year and then adjusts annually.
Maximum 100% loan to value.
Terms 10 - 30 years.
Caps: 2% yearly, and a 6% life of loan cap
Floor: 1% below the original rate
Margin: 2.5% over the weekly average yield on the
U.S. Treasury adjusted to a constant maturity of one (1) year.
Term: 30 years
Maximum Amount: $500,000
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3/1 ARM
The interest rate is fixed for the first 3 years, then adjusts annually.
Maximum 100% loan to value.
Terms 10 - 30 years.
Caps: 2% yearly, and a 6% life of loan cap
Floor: 1% below the original rate
Margin: 2.5% over the weekly average yield on the
U.S. Treasury adjusted to a constant maturity of one (1) year.
Term: 30 years
Maximum Amount: $500,000
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5/1 ARM
The interest rate is fixed for the first 5 years, then adjusts annually.
Maximum 100% loan to value.
Terms 10 - 30 years.
Caps: 2% yearly, and a 6% life of loan cap
Floor: 1% below the original rate
Margin: 2.5% over the weekly average yield on the
U.S. Treasury adjusted to a constant maturity of one (1) year.
Term: 30 years
Maximum Amount: $500,000
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7/1 ARM
The interest rate is fixed for the first 7 years, then adjusts annually.
Maximum 100% loan to value.
Terms 10 - 30 years.
Caps: 2% yearly, and a 6% life of loan cap
Floor: 1% below the original rate
Margin: 2.5% over the weekly average yield on the
U.S. Treasury adjusted to a constant maturity of one (1) year.
Term: 30 years
Maximum Amount: $500,000
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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 $8,340. 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 $20,000. Your actual APR may be different depending upon these factors.
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