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| 15-Year Conforming Fixed |
| 30-Year conforming fixed rate |
| 30-Year high balance fixed rate |
| 5/1 ARM Conforming |
| 5/1 ARM Jumbo |
| Federal Housing Administration - 30 year fixed |
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15-Year Conforming Fixed
Standard conforming fixed rate financing.
Term: 15 years
Maximum Amount: $417,000
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| Rates | APR | Points |
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| 3.75% | 4.199% | 1% |
| 4% | 4.299% | 0% |
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30-Year conforming fixed rate
Term: 30 years
Maximum Amount: $417,000
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| Rates | APR | Points |
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| 4.375% | 4.635% | 1% |
| 4.5% | 4.673% | 0% |
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Standard 30 year fixed rate financing is the most popular of all. Fully amortized throughout an affordable 30 year period. |
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30-Year high balance fixed rate
Fixed Rate loans in excess of $417,000
Term: 30 years
Maximum Amount: $586,750
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| Rates | APR | Points |
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| 5% | 5.27% | 1% |
| 5.25% | 5.431% | 0% |
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5/1 ARM Conforming
Adjustable rate loan. Interest only payments are payable for the first 5 years, increasing to fully amortized payments over the remaining 25 years of the loan.
Term: 30 years
Maximum Amount: $417,000
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| Rates | APR | Points |
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| 4.75% | 6.534% | 0% |
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| Payments remain at interest only based on the start rate for the first 5 years; then recalculate to fully repay the loan within the remaining 25 years at a variable interest rate.
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5/1 ARM Jumbo
Adjustable rate loan. Interest only payments are payable for the first 5 years, increasing to fully amortized payments over the remaining 25 years of the loan.
Term: 30 years
Maximum Amount: $1,500,000
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| Rates | APR | Points |
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| 6% | 7.065% | 0% |
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Payments remain at interest only based on the start rate for the first 5 years; then recalculate to fully repay the loan within the remaining 25 years at a variable interest rate. |
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Federal Housing Administration - 30 year fixed
30 year fixed rate financing available for owner occupied transactions. Great program for first time home buyers with low down payments and down payments from gifts available.
Term: 30 years
Maximum Amount: $417,000
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| Rates | APR | Points |
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| 4.5% | 4.762% | 1% |
| 4.75% | 4.926% | 0% |
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Mortgage education classes are required for first time homebuyers who select this product. Contact us for information on upcoming class availability. |
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $5,000,000 with closing costs of $100,000. Your actual APR may be different depending upon these factors.
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