|
|
* All rates above quoted with 1% origination
* Based on loan amounts of $165,000+
* Subject to credit & income requirements
* restrictions apply
|
|
All rates and APRs assume 80% financing on a $165,000 loan value with max loan of $417,000. Jumbo rate/APR minimum $417,000 loan amount. Offers may terminate at any time without notice. Rate/APR calculated on a 365 day year with typical closing costs. Rates/APRs subject to change in closing costs and properties. All rates as of date posted on this website with 30 day lock period. Signed loan application required to lock rate. Rates same for 95% financing with higher APR. APR will change with loan amount and percentage of home being financed. |
|
|
|
Q:
Negative points
Points paid by a lender for a loan with a rate above the rate on a zero point loan. For example, a wholesaler quotes the following prices to a mortgage broker. 8%/0 points, 7.5%/3 points, 8.75%/-3 points. On mortgage web sites, negative points are usually referred to as "rebates" because they are used to reduce a borrower's settlement costs. When negative points are retained by a mortgage broker, they are called a "yield spread premium" |
|
|
Address and Telephone
Please fill out the form
below to contact us by email.
|  |
|
