Rates January 3rd , 2011
Conventional 30 yr Fixed – 4.75% no points
Conventional 15 yr Fixed – 4.25% no points
Conventional 5/1 arm– 3.375% no points
Jumbo 5/1yr arm – 4.25%
FHA 96.5%- 4.625% – 30 year fixed
VA 100%- 4.625% – 30 year fixed
All conventional loan rates are based on a middle credit score of 740 or higher and a loan amount of $150k or higher on a primary residence purchase. Max loan to value on all conventional loans is 95% due to mortgage insurance guidelines. (debt to income ratio is limited for mortgage insurance above 90% loan to value) All rates based on purchase money mortgages for primary residences.
Rates are subject to change based on market conditions and are intended to be used as a guide only. For APR and up to the minute rates, please call for a rate quote.
For more information on our loan programs or to make an application, please contact:
Office: 850 425-6716
Fax: 850 425-6730
Mobile: 850 294-6626