Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. Rates and closing costs shown are based on average rates for our best-qualified customer. Individual rates may vary.
Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.
Rates as of Wednesday, May 16, 2012 |
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| Product Description | Points | Interest Rate | Annual Percentage Rate | Payments | Apply |
| Conforming Fixed | |||||
| 30 Year | 0.000 | 3.875% | 3.913% | Show Payments and Rates | |
| 15 Year | 0.000 | 3.125% | 3.191% | Show Payments and Rates | |
| Conforming Adjustable Rate Mortgage | |||||
| 5/1 ARM | 0.000 | 2.875% | 3.006% | Show Payments and Rates | |
| Jumbo Fixed | |||||
| 30 Year | 0.000 | 4.500% | 4.512% | Show Payments and Rates | |
| FHA | |||||
| 30 Year Fixed | 0.000 | 3.750% | 3.872% | Show Payments and Rates | |
| 15 Year Fixed | 0.000 | 3.500% | 3.716% | Show Payments and Rates | |
| VA | |||||
| 30 Year Fixed | 0.000 | 3.750% | 3.962% | Show Payments and Rates | |
| 15 Year Fixed | 0.000 | 3.500% | 3.877% | Show Payments and Rates | |
Conforming Rates and APR are based on a loan amount of $150,000 for an owner occupied purchase property or a rate/term refinance with a 75% Loan-To-Value (LTV), minimum 740 credit score, a 45 day lock and pre-paid finance charges of $978.05 for a 30 year term and $954.94 for a 15 year term. Your total costs will be more than the amount of prepaid finance charges. With a Conforming Adjustable Rate Mortgage, your interest rate changes at specific intervals, so the amount of your monthly payment could increase or decrease. The rates and APR for the Conforming Adjustable rate Mortgage are based on prepaid finance charges in the amount of $954.94. Your total costs to obtain the loan will be higher.
Jumbo Fixed rates and APR are based on a loan amount of $500,000 for an owner occupied purchase property or a rate/term refinance with a 75% Loan-to-Value (LTV), minimum 740 credit score, a 45 day lock and pre-paid finance charges of $2,028.57 for a 30 year term. Your total costs to obtain the loan will be higher. The rates and APR for VA loans are calculated based on a loan amount of $150,000 with a 75% Loan-To-Value (LTV), minimum 740 credit score, a 45 day lock and prepaid finance charges of $4,094.94 for a 30 year term and $4,079.53 for a 15 year term. Your total costs to obtain the loan will be higher.
The rates and APR for FHA loans are calculated based on a loan amount of $150,000 with a 75% Loan-To-Value (LTV), minimum 740 credit score, a 45 day lock and prepaid finance charges of $2,476.19 for a 30 year term and $2,460.78 for a 15 year term. Your total costs to obtain the loan will be higher.
For more information on products or rates not listed here, please contact your local mortgage loan officer, call us at 877.322.9530, or email us at MortgageOnline@bankatfirst.com.
