|Mortgage Type||Points||Interest Rate %||APR %|
|Rates as of 05/27/2016|
|15 Year Fixed||0||2.790||2.863*|
|15 Year Fixed||1||2.580||2.797*|
|15 Year Fixed - Investment Property||0||3.280||3.354**|
|20 Year Fixed||0||3.360||3.418*|
|20 Year Fixed||1||N/A||N/A*|
|20 Year Fixed - Investment Property||0||3.720||3.778**|
|30 Year Fixed||0||3.560||3.601**|
|30 Year Fixed||1||3.410||3.532*|
|30 Year Fixed - Investment Property||0||3.990||4.033*|
|3/1 Adjustable Rate Mortgage||0||2.875||3.325|
All rates assume 1 unit with indicator credit score >740, no secondary financing and a disbursement date of the 1st. Please call for your rate scenario quote.
*APR (Annual Percentage Rate) assumes a $125,000.00 mortgage loan with a minimum of 20% equity/down payment. Interest rates valid for purchases and “No Cash-out” refinances up to 95% of loan-to-value (LTV).
**APR assumes a $125,000.00 mortgage loan with a minimum of 25% equity/down payment. Interest rates valid for purchases.