Mortgage Loan Rates


Effective as of 03/23/2017

(APR defined as Annual Percentage Rate; May vary and is subject to change without notice. Customers must live within our Lending Area to qualify.)

Fixed Mortgage Loans
Points Rate Annual Percentage Rate* Cost per $1000**
30 Yr Fixed 0 PTS. 4.125% 4.158% 4.85
20 Yr Fixed 0 PTS. 3.875% 3.920% 5.99
15 Yr Fixed 0 PTS. 3.250% 3.306% 7.03
       
Loan amounts up to $424,100        
*APR based on a 20% minimum downpayment        
**Cost per $1000 does not include taxes or insurance; if escrows were to be required, the actual payment would be greater.        

Above posted rates are for single family owner occupied properties; offered only as Servicing Released; borrowers must escrow taxes and homeowners insurance. Other mortgage programs are available; please call 1-877-369-3331 for further assistance.

Portfolio Gold Mortgage
Points Rate Annual Percentage Rate* Cost per $1000**
30 YR Fixed 0 PTS. 4.375% 4.410% 4.99
20 YR Fixed 0 PTS. 4.125% 4.172% 6.13
15 YR Fixed 0 PTS. 3.625% 3.685% 7.21
10 YR Fixed 0 PTS. 3.250% 3.336% 9.77
Servicing Retained, No Escrows Required; No Risk Based Price Adjustments for LTVs up to 80%        
Single Family Primary Residence, Max LTV 90% w/PMI, Condos Max LTV 90% w/PMI, Min. 720 Credit Score        
Loan amounts up to $424,100        
*APR based on a 20% minimum downpayment        
**Cost per $1000 does not include taxes or insurance; if escrows were to be required, the actual payment would be greater.        

Portfolio Gold Jumbo Mortgages
Points Rate Annual Percentage Rate* Cost per $1000**
30 Yr Fixed 0 PTS 4.375% 4.388% 4.99
15 Yr Fixed 0 PTS 3.625% 3.647% 7.21
10 Yr Fixed 0 PTS 3.250% 3.281% 9.77
Min. Credit Score 740, Loan amounts $424,100 - $749,999 max LTV 85% w/PMI; loan amounts $750,000-$1,000,000 max LTV is 70%, Single family o/o only        
*APR based on a minimum 20% downpayment        
**Cost per $1000 does not include taxes or insurance; if escrows were to be required, the actual payment would be greater.        

Adjustable Rate Mortgages
Points Rate Annual Percentage Rate* Cost per $1000**
10/1 ARM* 0 PTS. 3.625% 3.718% 4.56
For the initial 120 payments the cost per $1000 is $4.56, for the remaining 240 payments, based on today's index and the margin, the new rate would then be 3.625% and the cost per $1000 would be $5.86        
7/1 ARM* 0 PTS. 3.250% 3.565% 4.35
For the initial 84 payments the cost per $1000 is $4.35, for the remaining 276 payments, based on today's index and the margin, the new rate would then be 3.625% and the cost per $1000 would be $5.35        
5/1 ARM* 0 PTS. 2.875% 3.494% 4.15
For the initial 60 payments the cost per $1000 is $4.15, for the remaining 300 payments, based on today's index and the margin, the new rate would then be 3.625% and the cost per $1000 would be $5.07        
* Annual Percentage Rate (APR) based on a 30 year term with a minimum 20% downpayment. APR may increase after consummation.        
Loan amounts up to $424,100        
Index used is WSJ 1YR T-Bill, Margin 2.75%, Caps are 2/6        
**Cost per $1000 does not include taxes or insurance; if escrows were to be required, the actual payment would be greater.        


First Time Homebuyer Loans
Points Rate Annual Percentage Rate* Cost per $1000**
7/1 ARM* 0 PTS 3.250% 3.492% 4.35
For the initial 84 payments the cost per $1000 is $4.35, then for the remaining 276 payments, based on today's index and the margin, the new rate remains the same at 3.500% and the cost per $1000 would be $5.28        
Income Limitation; caps of 2/6 margin 2.625%; maximum loan amt. $424,100; reduced closing costs; flexible qualifying ratios      
5/1 ARM* 0 PTS 2.875% 3.407% 4.15
For the initial 60 payments the cost per $1000 is $4.15, for the remaining 300 payments, based on today's index and the margin, the new rate would then be 3.500% and the cost per $1000 would be $5.01        
Income Limitation; caps of 2/6 margin 2.625%; maximum loan amt. $424,100; reduced closing costs; flexible qualifying ratios      
All loans with LTV's over 80% requires Mortgage Insurance. *Annual Percentage Rate (APR) based on a 30 year term with 20% down payment. APR may increase after consummation.        
Index used is WSJ 1YR T-Bill        
**Cost per $1000 does not include taxes or insurance; if escrows were to be required, the actual payment would be greater.        

Permanent Construction
Points Rate Annual Percentage Rate* Cost per $1000**
30 Yr Fixed 0 PTS 4.625% 4.681% 5.14
Offered primarily in the FoxFed's assessment area but will consider applications outside of assessment area. Loan amounts up to $424,100        
*APR is based on a minimum 20% downpayment        
**Cost per $1000 does not include taxes or insurance; if escrows were to be required, the actual payment would be greater.        



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