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| Conforming 30 Year Fixed |
| Conforming 20 Year Fixed |
| Conforming 15 year fixed |
| Conforming 10 Year Fixed |
| Conforming 7/1 ARM |
| Conforming 5/1 ARM |
| Conforming 3/1 ARM |
| Home Equity Line Of Credit (HELOC) |
| Conforming 30 Year Fixed with 10 Years Interest Only |
| Conforming 30 Year Fixed with 15 Years Interest Only |
| Conforming 5/1 Interest Only ARM |
| Jumbo 30 Year Fixed |
| Jumbo 3/1 ARM |
| Jumbo 5/1 Interest Only ARM |
Rates last updated on Thursday, April 01, 2010
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Conforming 30 Year Fixed
- Monthly payments are fixed over the life of the loan
- Interest rate does not change
- Protected if rates go up
- Can refinance if rates go down
Term: 30 years
Maximum Amount: $417,000
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Conforming 20 Year Fixed
- Monthly payments are fixed over the life of the loan
- Interest rate does not change
- Protected if rates go up
- Can refinance if rates go down
Term: 20 years
Maximum Amount: $417,000
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Conforming 15 year fixed
Monthly payments are fixed over the life of the loan
Interest rate does not change
Protected if rates go up
Can refinance if rates go down
Term: 15 years
Maximum Amount: $417,000
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Conforming 10 Year Fixed
- Monthly payments are fixed over the life of the loan
- Interest rate does not change
- Protected if rates go up
- Can refinance if rates go down
Term: 10 years
Maximum Amount: $417,000
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Conforming 7/1 ARM
- Lower initial monthly payment
- Rates and payments may go down if rates improve
- May qualify for higher loan amounts
- 30 year term, no balloon payment
Term: 30 years
Maximum Amount: $417,000
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Conforming 5/1 ARM
Lower initial monthly payment
Rates and payments may go down if rates improve
May qualify for higher loan amounts
30 year term, no balloon payment
Term: 30 years
Maximum Amount: $417,000
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Conforming 3/1 ARM
- Lower initial monthly payment
- Rates and payments may go down if rates improve
- May qualify for higher loan amounts
- 30 year term, no balloon payment
Term: 30 years
Maximum Amount: $417,000
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Home Equity Line Of Credit (HELOC)
A home equity line of credit is a loan product which allows you easy access to the available equity in your home on an as-needed basis, without refinancing. Somewhat like a credit card, you will be assigned a specific credit limit, which you can draw on or pay back at any time. You only pay interest on the amount you have actually borrowed.
We have programs that allow you a line of credit up to 125% of the value of your home, for qualified borrowers.
Term: 20 years
Maximum Amount: $350,000
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Conforming 30 Year Fixed with 10 Years Interest Only
Monthly payments are fixed over the life of the loan
Interest rate does not change
Protected if rates go up
Can refinance if rates go down
For the first 10 years, only the interest charged each month is due. This means a lower monthly minimum payment.
After the 10th year, both principal and interest are due each month, and the minimum monthly payment is adjusted so that the loan is paid in full by the end of the 30th year.
Term: 30 years
Maximum Amount: $417,000
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Conforming 30 Year Fixed with 15 Years Interest Only
Monthly payments are fixed over the life of the loan
Interest rate does not change
Protected if rates go up
Can refinance if rates go down
For the first 15 years, only the interest charged each month is due. This means a lower monthly minimum payment.
After the 15th year, both principal and interest are due each month, and the minimum monthly payment is adjusted so that the loan is paid in full by the end of the 30th year.
Term: 30 years
Maximum Amount: $417,000
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Conforming 5/1 Interest Only ARM
Lower initial monthly payment
Rates and payments may go down if rates improve
May qualify for higher loan amounts
30 year term, no balloon payment
For the first 10 years, only the interest charged each month is due. This means a lower monthly minimum payment.
After the 10th year, both principal and interest are due each month, and the minimum monthly payment is adjusted so that the loan is paid in full by the end of the 30th year.
Term: 30 years
Maximum Amount: $417,000
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Jumbo 30 Year Fixed
Monthly payments are fixed over the life of the loan
Interest rate does not change
Protected if rates go up
Can refinance if rates go down
Jumbo program allows for loan amounts over $417,000.
Term: 30 years
Maximum Amount: $1,000,000
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Jumbo 3/1 ARM
Lower initial monthly payment
Rates and payments may go down if rates improve
May qualify for higher loan amounts
30 year term, no balloon payment
Jumbo program allows for loans over $417,000
Term: 30 years
Maximum Amount: $1,000,000
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Jumbo 5/1 Interest Only ARM
Lower initial monthly payment
Rates and payments may go down if rates improve
May qualify for higher loan amounts
30 year term, no balloon payment
For the first 5 years, only the interest charged each month is due. This means a lower monthly minimum payment.
After the 5th year, both principal and interest are due each month, and the minimum monthly payment is adjusted so that the loan is paid in full by the end of the 30th year.
Term: 30 years
Maximum Amount: $1,000,000
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $225,000 with closing costs of $4,774. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $575,000 with closing costs of $14,728. Your actual APR may be different depending upon these factors.
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