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| Effective 08/27/2008 |
Conforming Fixed Rate Loans4
| Loan Program |
Rate |
Points |
APR1 |
| 40-Year Fixed Rate2 |
6.500 |
1.000 |
6.641 |
| 6.625 |
0.500 |
6.725 |
| 6.875 |
0.000 |
6.934 |
| 30-Year Fixed Rate2 |
6.250 |
1.000 |
6.411 |
| 6.375 |
0.500 |
6.489 |
| 6.625 |
0.000 |
6.692 |
| 20-Year Fixed Rate2 |
6.125 |
1.000 |
6.337 |
| 6.250 |
0.500 |
6.399 |
| 6.500 |
0.000 |
6.587 |
| 15-Year Fixed Rate2 |
5.625 |
1.000 |
5.885 |
| 5.750 |
0.500 |
5.932 |
| 6.000 |
0.000 |
6.106 |
| 10-Year Fixed Rate2 |
5.375 |
1.000 |
5.685 |
| 5.500 |
0.500 |
5.700 |
| 5.750 |
0.000 |
5.842 |
| 40 due in 7 Fixed Rate3 |
5.750 |
0.000 |
5.783 |
Jumbo Fixed Rate Loans
Loan amounts up to $1,000,000.00
| Loan Program | Rate | Points | APR1 | | 30-Year Fixed Rate Jumbo2 | 6.500 | 1.000 | 6.634 | | 6.625 | 0.500 | 6.711 | | 6.875 | 0.000 | 6.913 | | 15-Year Fixed Rate Jumbo2 | 5.875 | 1.000 | 6.089 | | 6.000 | 0.500 | 6.135 | | 6.250 | 0.000 | 6.308 | | 40 Due in 7 Fixed Rate JUMBO Balloon3 | 6.000 | 0.000 | 6.035 |
1 - APRs calculated using:
- Conforming: Loan amount of $650,000.00 + closing costs and points
- Jumbo: Loan amount of $850,000.00 + closing costs and points
2 - Rate shown at 80% loan-to-value (LTV). Your rate may be different than what is shown. Please use the Choose Rates feature on our application page to get a more exact rate.
3 - Flat fee of $1,299 closing costs does not pay closing costs for any fees charged by your existing lender (such as pre-payment penalty or amounts due to clear liens from your property title) or other fees not associated with this loan transaction (owner's title policy). Also excluded are pre-paid interest, any taxes or transfer fees due by your taxing authority, home owners insurance premiums must be paid by the home owner. Flat fee of $1,299 offered for loan amounts up to $729,500.00. Flat fee of $1799 offered for loan amounts from $729,500.01 to $1,000,000.00.Your rate may be different than what is shown. Please use the Choose Rates feature on our application page to get a more exact rate. Other rates and terms available for higher amounts. Limited time offer.
4 - Conforming loan limits have been temporarily increased to amounts up to $729,750.00. Please contact one of our home loan experts in your area or email us at mortgagelending@patelco.org.
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Equal Housing Lender