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| Effective: August 7, 2008 10:05 AM |
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Term |
Points |
Rate |
APR |
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2.000 |
4.375% |
5.153% |
| |
1.000 |
4.750% |
5.096% |
| |
0.000 |
6.125% |
5.125% |
| |
2.000 |
4.500% |
5.086% |
| |
1.000 |
5.125% |
5.148% |
| |
0.000 |
5.875% |
5.241% |
| |
2.000 |
5.000% |
5.208% |
| |
1.000 |
5.500% |
5.309% |
| |
0.000 |
6.000% |
5.411% |
| |
2.000 |
5.875% |
6.243% |
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1.000 |
6.125% |
6.335% |
| |
0.000 |
6.375% |
6.426% |
| |
2.000 |
6.500% |
6.728% |
| |
1.000 |
6.625% |
6.755% |
| |
0.000 |
6.875% |
6.907% |
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2.000 |
6.750% |
6.949% |
| |
1.000 |
7.000% |
7.115% |
| |
0.000 |
7.250% |
7.278% |
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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