Byron Bank - Mortgage Rates
As 10/6/2008
Rates are subject to change daily and possibly throughout the day. Please call for current rate information. Rates quoted assume loan meets all credit underwriting criteria.
| Mortgage Type | Points | Interest Rate % | APR |
| 15 Year-Fixed | No Points | 5.815 | 5.868* |
| 15 Year-Fixed | 1 Point | 5.435 | 5.643* |
| 15 Year- Fixed Investment property |
No Points | 6.785 | 6.839** |
| 20 Year-Fixed | No Points | 6.110 | 6.153* |
| 20 Year-Fixed | 1 Point | 5.815 | 5.982* |
| 20 Year-Fixed Investment Property |
No Points | 6.870 | 6.914** |
| 30 Year-Fixed | No Points | 6.055 | 6.087* |
| 30 Year-Fixed | 1 Point | 5.775 | 5.900* |
| 30 Year-Fixed Investment Property |
No Points | 6.790 | 6.823** |
| 3/1 Adjustable Rate Mortgage | No Points |
5.875 | 4.953*** |
All rates assume 1 unit with indicator credit score >720.
*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) and "Cash-out" refinances up to 60% loan-to-value.
**APR assumes a $125,000.00 mortgage loan with a minimum of 25% equity/down payment. Interest rates valid for purchases and "No Cash-out" refinances up to 75% of LTV and "Cash-out" refinances up to 60% LTV.
***APR assumes a $125,000.00 mortgage loan with a minimum of 20% equity/down payment. Interest rates valid for purchases and "No Cash-out" refinance up to 90% of LTV; "Cash-out" refinances up to 60% LTV.