|
3/1 ARM
|
|
Fico Score
|
50% LTV or Less
|
50.1% – 60% LTV
|
60.1% – 75% LTV
|
|
700+
|
6.5%
|
6.625%
|
6.75%
|
|
690 – 699
|
6.625%
|
6.75%
|
6.875%
|
|
680 – 689
|
6.75%
|
6.875%
|
7%
|
|
|
|
|
|
|
5/1 ARM
|
|
Fico Score
|
50% LTV or Less
|
50.1% – 60% LTV
|
60.1% – 75% LTV
|
|
700+
|
7%
|
7.125%
|
7.25%
|
|
690 – 699
|
7.125%
|
7.25%
|
7.375%
|
|
680 – 689
|
7.25%
|
7.375%
|
7.5%
|
|
|
|
|
|
|
Fixed Rate Loan
|
|
Fico Score
|
50% LTV or Less
|
50.1% – 60% LTV
|
60.1% – 75% LTV
|
|
700+
|
8%
|
8.125%
|
8.25%
|
|
690 – 699
|
8.125%
|
8.25%
|
8.375%
|
|
680 – 689
|
8.25%
|
8.375%
|
8.5%
|
*All rates posted are for 30 year and 25yr terms. To reduce rate further, 5 year increments can be taken off the term for a reduction in rate of .50% for every 5 years and a minimum term of 15 years with a maximum adjustment of .50% off of the rates posted.
**All loans come with a 2 year prepayment penalty. (2% in year 1, 1% in year 2).
