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Effective: August 7, 2008 10:05 AM

Term

Points Rate APR
1/1 ARM
  2.000 4.375% 5.153%
  1.000 4.750% 5.096%
  0.000 6.125% 5.125%
3/1 ARM
  2.000 4.500% 5.086%
  1.000

5.125%

5.148%

  0.000 5.875%

5.241%

5/1 ARM
  2.000 5.000% 5.208%
  1.000 5.500% 5.309%
  0.000 6.000% 5.411%
15 YR FIX
 

2.000

5.875% 6.243%
  1.000

6.125%

6.335%
  0.000

6.375%

6.426%
30 YR FIX
  2.000 6.500% 6.728%
  1.000 6.625% 6.755%
  0.000 6.875%

6.907%

40 YR FIX
  2.000 6.750% 6.949%
  1.000 7.000%

7.115%

  0.000 7.250% 7.278%

All rates subject to change daily.

All ARM’S have a 2% yearly cap and a 6% lifetime cap.
Index as of 08/05/08 is 2.300

Rate lock expiration: 10/06/2008

Application fees
  • $300 Single Family
  • $500 2-4 Family
 
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