Rates are creeping up…

Rates June16th, 2011 Conventional 30 yr Fixed  –  4.5% no points (4.375% with an .125 points)

Conventional 15 yr Fixed  –  3.75% no points Conventional 5/1 arm – 2.99% no points

Jumbo 5/1yr arm  – 3.125% no points Jumbo 30 year fixed  – 4.75% no points

FHA 96.5%- 4.375%  – 30 year fixed  no points VA 100%- 4.375   – 30 year fixed no points

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.   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 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
NMLSR# 659664 
Office:  850 425-6716 
Fax:  850 425-6730 
Mobile: 850 294-6626

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