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| APR EXAMPLES
The following are representative examples of products available. We will be happy to provide you with specific information on your transaction upon your request. Conventional Fixed Rate Mortgages Jumbo Mortgages Adjustable Rate Mortgages (ARM) Mortgages For Special Needs FHA/VA Mortgages The following Annual Percentage Rate (APR) examples are for a typical transaction and are only examples. We will be happy to provide you with a specific APR for your transaction. Conventional Fixed Rate Mortgages Conventional Fixed Rate 30-Year Example The example below assumes a sales price of $164,000, a loan amount of $150,000 and a down payment of $14,000. The simple interest rate for the example is 6.250% with a .375% discount points. Monthly private mortgage insurance ("PMI") is assumed for this loan. This is only an example. Please contact your local office for the current interest rates.
Jumbo Mortgages Jumbo 30-Year Fixed Rate Mortgage This example assumes a sales price of $625,000, a loan amount of $500,000 and a down payment of $125,000. The simple interest rate for the example is 6.375% and .125% discount points. This is only an example. Please contact your local office for the current rates available.
Adjustable Rate Mortgages (ARM) Back To Top The following APR calculations are only examples. We will be happy to provide you with a specific APR for your transaction upon your request. Portfolio 5/1 LIBOR ARM 30-Year Term The example below assumes a sales price of $300,000, a loan amount of $267,800 and a down payment of $32,200. The example assumes an initial interest rate of 6.375%, a fully index-based rate of 7.625%, and no discount points. Monthly private mortgage insurance ("PMI") is assumed for this loan. This is only an example. Please contact your local office for the current rate available. Due to the variable interest rate feature, the annual percentage rate is subject to increase after loan closing.
Portfolio 5/1 LIBOR ARM Interest Only, 30-Year Term The example below assumes a sales price of $300,000, a loan amount of $267,800 and a down payment of $32,200. The example assumes an initial interest rate of 6.375%, a fully index-based rate of 7.625%, and no discount points. Monthly private mortgage insurance ("PMI") is assumed for this loan. This is only an example. Please contact your local office for the current rate available. Due to the variable interest rate feature, the annual percentage rate is subject to increase after loan closing.
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Equal Housing Lender
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