LOAN PROGRAMS, INTEREST RATES AND ANNUAL PERCENTAGE RATES (APRS) ARE EFFECTIVE AS OF THE DATE SHOWN AND ARE SUBJECT TO CHANGE WITHOUT NOTICE
SUBJECT TO CREDIT APPROVAL
First-Time Homebuyer Programs
| 1-4 Family Owner Occupied Only | Rate | Points | Annual Percentage Rate APR* | Monthly Payment Per $1,000 ** |
|---|---|---|---|---|
| ONE Mortgage 30 Year Fixed (Purchases only) **** | 6.750% | 0.00 | 6.877% | $6.49 |
| Homestart 7/1 ARM 30 Year (Caps 2/6 - Margin 2.875) | 6.750% | 0.00 | 7.585% | Year 1-7, rate 6.750%, 84 payments of $6.49; Year 8-30, rate 8.000%, 276 payments of $7.20 |
**** Property location and Income restrictions apply. Up to 97% Financing
Fixed Rate Conforming - First Mortgage Loans
| 1-4 Family Owner Occupied Only | Rate | Points | Annual Percentage Rate APR* | Monthly Payment Per $1,000 ** |
|---|---|---|---|---|
| 30 Year | 7.125% | 0.00 | 7.235% | $6.74 |
| 15 Year | 7.000% | 0.00 | 7.176% | $8.99 |
Adjustable Rate - Conforming Loans
| 1-4 Family Owner Occupied Only | Rate | Points | Annual Percentage Rate APR* | Monthly Payment Per $1,000 ** |
|---|---|---|---|---|
| 5/1 ARM (Caps 2/6 - Margin 2.75) | 6.875% | 0.00 | 7.718% | Year 1-5, rate 6.875%, 60 payments of $6.57; Year 6-30, rate 7.875%, 300 payments of $7.18 |
| 7/1 ARM (Caps 2/6 - Margin 2.875) | 6.875% | 0.00 | 7.654% | Year 1-7, rate 6.875%, 84 payments of $6.57; Year 8-30, rate 8.000%, 276 payments of $7.22 |
| 10/1 ARM (Caps 5/2/6 - Margin 2.875) | 7.250% | 0.00 | 7.751% | Year 1-10, rate 7.250%, 120 payments of $6.82; Year 11-30, rate 8.000%, 240 payments of $7.22 |
* APR based upon 20% down payment and a loan term of 30 years.
** Property insurance is required. Payments do not include taxes and/or insurance. Actual payment may be greater.
All adjustable rates are for mortgages up to $1,750,000. Other terms also available – Please call for pricing. APRs on adjustable rate loans may vary and rates may increase after consummation of the loan.
Home Equity Programs
| 1-4 Family Owner Occupied Only | Rate | Points | Annual Percentage Rate APR | Monthly Payment Per $1,000 * |
|---|---|---|---|---|
| Equity Edge Loan (10 Year Fixed Rate Term) | 7.750% | 0.00 | 7.765% | $12.00 |
| Equity Edge Loan (15 Year Fixed Rate Term) | 7.625% | 0.00 | 7.636% | $9.34 |
| Equity Edge Loan (20 Year Fixed Rate Term) | 7.750% | 0.00 | 7.759% | $8.21 |
| Equity Edge Line of Credit (10 Year Draw Period - 10 Year Repayment) ** | 7.99% for the first 12 months | 0.00 | 7.99% for the first 12 months | $9.07 |
1-4 Family Investment Equity Loan programs available. Please call for details.
* Property insurance is required. Payments do not include taxes and/or insurance. Actual payment may be greater.
** APR 7.99% is fixed for the first 12 months. After the introductory period, APR on outstanding balance is variable and based on the Prime Rate plus 0.00% (currently 8.500%), for 1-4 family owner occupied homes as published in the Wall Street Journal, subject to change on the last business day of each month effective with the first day of the following month. Maximum APR is 18%. Minimum APR 8.500%. Consult your tax advisor about deductibility.
