Mortgage Rates
| Fixed Rate | ||||
| Effective Date: March 19, 2010 | ||||
Conforming Loans up to $417,000. Maximum loan to value of 90% with credit score of 720 or above. | ||||
| Term | Rate | Points | APR | Estimated Payment/$1,000 |
| 15 year | 4.375% | 0.000% | 4.499% | $7.59 |
| 15 year | 4.250% | 0.500% | 4.447% | $7.52 |
| 15 year | N/A | |||
| 20 year | 4.875% | 0.000% | 4.974% | $6.53 |
| 20 year | 4.750% | 0.500% | 4.907% | $6.46 |
| 20 year | 4.625% | 1.000% | 4.840% | $6.39 |
| 30 year | 5.000% | 0.000% | 5.073% | $5.37 |
| 30 year | 4.875% | 0.500% | 4.991% | $5.29 |
| 30 year | 4.750% | 1.000% | 4.908% | $5.22 |
| 40-year | 5.750% | 0.000% | 5.814% | $5.33 |
| 40-year | 5.625% | 0.500% | 5.727% | $5.24 |
| 40-year | 5.500% | 1.000% | 5.638% | $5.16 |
| Conforming Adjustable Rate Mortgages | ||||
| Effective Date: March 19, 2010 | ||||
ARMs Amortized over 30 years. Index is Constant Maturity Treasury (CMT) = 2.5% margin - maximum caps of 2% per year and 5% over the life of the loan. Maximum loan to value of 90% with credit score of 720 or above. | ||||
| Term | Rate | Points | APR | Estimated Payment/$1,000 |
Interest Only options available | ||||
| 5/1 CMT | 5.500% | 0.000% | 3.657% | $5.68 |
| 5/1 CMT | 5.375% | 0.500% | 3.664% | $5.60 |
| 5/1 CMT | 5.250% | 1.000% | 3.671% | $5.52 |
| 7/1 CMT | 5.500% | 0.000% | 3.924% | $5.68 |
| 7/1 CMT | 5.375% | 0.500% | 3.919% | $5.60 |
| 7/1 CMT | 5.250% | 1.000% | 3.915% | $5.52 |
| Jumbo Loans | ||||
| Effective Date: March 19, 2010 | ||||
Loan amounts from $417,000 to $625,500. Maximum loan to value of 80%. | ||||
| Term | Rate | Points | APR | Estimated Payment/$1,000 |
| 30 year | 5.375% | 0.375% | 5.408% | $5.60 |
| 30 year | 5.250% | 0.875% | 5.325% | $5.52 |
| 30 year | 5.125% | 1.375% | 5.247% | $5.44 |
| 15 year | 4.750% | 0.375% | 4.804% | $5.22 |
| 15 year | 4.625% | 0.875% | 4.754% | $5.14 |
| 15 year | 4.500% | 1.375% | 4.704% | $5.07 |
The rates shown are subject to change anytime without notice and are not intended to be inclusive or a commitment to the pricing for which you may qualify. Pricing is based on credit history, loan to value (LTV), occupancy, property type, loan amount, loan purpose, and income/financial obligations.
90% financing for a maximum 30 year term on Adjustable and 40 year term on Fixed-Rate mortgage products with mortgage insurance.
The annual percentage rate (APR) for first trust deeds in this disclosure are based on the term stated including applicable points and customary closing costs. The APR for conforming adjustable rate mortgages in this disclosure is based on the weekly average of the 1-year Constant Maturity Treasury rate and for Jumbo adjustable rate mortgages is based on the 1 year LIBOR. The APR's are based on closing cost of $2,500, Conforming loan amounts of $300,000, and Jumbo loan amounts of $700,000.00. Adjustable Rate Mortgages include a margin of 2.500% and Jumbos 2.250% with a maximum cap rate per adjustment of 2% and ceiling rate of 5% over the start rate. Jumbo pricing is based on 70% LTV.
Programs available for residential single family, townhouse, condominiums or PUD properties located in California; condominiums and PUD type properties may have a higher rate and additional pricing adjustments due to property type. Non-owner occupied programs are available.
Rate locks must be processed before 1:00 pm PST. Contact our Real Estate Loan Office for more details at 626-445-0950 ext. 6237.
