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Mortgage Rates
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Conventional Fixed-Rate Mortgages
Adjustable-Rate Mortgages
HELOC Rates
Balloon 2nd Mortgage Rates
Zero Down Mortgage Rates (80/20 Program)
3% Down Option
My Community Mortgage
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| Listed rates are best available. Please call for a personalized rate quote. |
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Effective Date: Tuesday, January 6, 2009
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Conventional Fixed-Rate Mortgages
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Rate (%)
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APR* (%)
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5.250
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5.298
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5.250
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5.314
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4.750
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4.828
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* The Annual Percentage Rate for loans up to $100,000 is based on $75,000 loan, minimum of
20% down payment, closing on 15th of the month. The Annual Percentage Rate for loans over
$100,000 is based on $125,000 loan, minimum of 20% down payment, closing on 15th of the
month.
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Effective Date: Tuesday, January 6, 2009
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Adjustable-Rate Mortgages
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Rate (%)
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Points
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APR* (%)
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3/1 Convertible
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4.750
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1.000
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3.458
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3/3 Non-Convertible
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5.750
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0.000
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4.219
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5/1 Non-Convertible
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4.875
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1.000
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3.747
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* The Annual Percentage Rate is based on $100,000 loan, minimum of 20% down payment, closing
on 15th of the month.
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Effective Date: Tuesday, January 6, 2009
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HELOC Rates
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Rate (%)
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APR (%)
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Up to 80% CLTV
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3.250
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3.250
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Over 80% CLTV
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4.750
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4.750
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Effective Date: Tuesday, January 6, 2009
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Balloon 2nd Mortgage Rates
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Rate (%)
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APR (%)
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3 year up to 80% CLTV
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6.250
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6.250
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3 year over 80% CLTV
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9.250
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9.250
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5 year up to 80% CLTV
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6.500
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6.500
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5 year over 80% CLTV
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9.500
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9.500
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Rate on a balloon 2nd mortgage is fixed for 3 or 5 years. Payments are amortized over up to 25
years. Balance is due at the end of the 3rd or 5th year. Loan may be renewed at maturity for an
additional 3 or 5 year term, but rate may vary.
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Effective Date: Tuesday, January 6, 2009
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Zero Down Mortgage Rates* (80/20 Program)
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Rate (%)
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APR (%)
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1st Mortgage:
up to 80% of purchase price
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ARM 3/3
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5.750
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4.219
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2nd Mortgage: 20% of purchase price
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3 Year
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9.250
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9.250
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* First mortgage for 80% of purchase price, based on a 30 year amortization. Second mortgage for
20% of purchase price, based on up to 15 year amortization. Rate locked for 60 days from
application. Available for owner occupied single family only.
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Effective Date: Tuesday, January 6, 2009
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3% Down Option
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Rate (%)
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1st Mortgage: up to 97% of purchase price
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5.500
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* First mortgage for 97% of purchase price, based on a 30 year Flex loan (PMI required).
Rate locked for 30 days from application. Available for owner occupied single family only.
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Effective Date: Tuesday, January 6, 2009
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My Community Mortgage
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Rate (%)
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1st Mortgage: up to 97% of purchase price
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5.750
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* First mortgage for 97% of purchase price, based on a 30 year My Community loan (PMI
required). Rate locked for 30 days from application. Available for owner occupied single family only.
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