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Effective: October 6, 2008 10:25 AM JUMBO RATE MORTGAGE OVER $417,000

Term

Points Rate APR
1/1 ARM
  2.000 NA NA
  1.000 4.500% 4.823%
  0.000 5.250% 4.799%
3/1 ARM
  2.000 NA NA
  1.000 4.500%

4.785%

  0.000 4.875% 4.786%
5/1 ARM
  2.000 4.500% 4.839%
  1.000 4.625% 4.797%
  0.000 5.250% 4.943%
15 YR FIX
 

2.000

5.375% 5.699%
  1.000

5.625%

5.793%
  0.000

6.000%

6.012%
30 YR FIX
  2.000 5.750% 5.944%
  1.000 6.000% 6.101%
  0.000 6.250%

6.257%

40 YR FIX
  2.000 6.250% 6.420%
  1.000 6.625% 6.715%
  0.000

6.875%

6.882%

All rates subject to change daily.

All ARM’S have a 2% yearly cap and a 6% lifetime cap.
Index as of 09/30/08 is 1.950

Rate lock expiration: 12/05/2008

Application fees
  • $400 Jumbo Loans (over $417,000)
 
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