Mortgage Rates Tick Up Slightly

Rates May 19th, 2011 Conventional 30 yr Fixed  –  4.75% no points
Conventional 15 yr Fixed  –  3.875% no points
Conventional 5/1 arm- 3.375% no points
Jumbo 5/1yr arm  – 4.125%
FHA 96.5%- 4.375%  – 30 year fixed
VA 100%- 4.5% – 30 year fixed

For more information on our loan programs or to make an application,
please contact: Tyler Oden
Office:  850 425-6716 
Fax:  850 425-6730 
Mobile: 850 294-6626 

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.

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