Rates June 2nd, 2011 Conventional 30 yr Fixed – 4.5% no points (4.375% with an .125 point)
Conventional 15 yr Fixed – 3.75% no points Conventional 5/1 arm – 2.99% no points
Jumbo 5/1yr arm – 3.625% no points Jumbo 30 year fixed – 4.75% no points
FHA 96.5%- 4.25% – 30 year fixed no points VA 100%- 4.25% – 30 year fixed no points
All 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. Jumbo loans are loan amounts over
$417k with 20% down minimum. 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:
Tyler Oden
Tyler.oden@suntrust.com
www.tyleroden.com
Office: 850 425-6716
Fax: 850 425-6730
Mobile: 850 294-6626