CONFORMING LOANS |
|
Our Conforming loan programs are underwritten to the Federal National
Mortgage
Association (FNMA) national underwriting standards. Features of our
Conforming Loan programs are:
- Loan amortizations at 10, 15, 20 and 30 years.
- Loan amounts ranging from $50,000 to $322,700.
- No pre-payment penalties.
- Loan to Values up to 97%.
Escrow wavier fee is 1/4 point.
Mortgage insurance is required at loan to values over 80.00%. Loan to Value
means the
amount of your loan request divided by the appraised value of your
home.
| Conforming Loans 30, 20, 15, 10 |
| 30 Years |
20 Years |
15 Years |
10 Years |
| Rate |
Points |
Rate |
Points |
Rate |
Points |
Rate |
Points |
| 6.000 |
0.000 |
| 5.875 |
0.500 |
| 5.750 |
1.000 |
| 5.625 |
1.500 |
|
| 6.000 |
0.000 |
| 5.875 |
0.500 |
| 5.750 |
1.000 |
| 5.625 |
1.500 |
|
| 5.500 |
0.000 |
| 5.375 |
0.500 |
| 5.250 |
1.000 |
| 5.125 |
1.500 |
|
| 5.500 |
0.000 |
| 5.375 |
0.500 |
| 5.250 |
1.000 |
| 5.125 |
1.500 |
|
|
