| Adjustable Rate Mortgages 1,2,3 |
| Term/Type |
Rate |
APR |
Initial Monthly Payment |
Rate Cap - Year |
Rate Cap - Life |
| 30-Yr 5/1 Yr ARM |
3.625% |
3.625% |
$273.63 |
2.00% |
6.00% |
| 20-Yr 5/1 Yr ARM |
3.250% |
3.250% |
$340.32 |
2.00% |
6.00% |
| 15-Yr 5/1 Yr ARM |
3.375% |
3.375% |
$425.26 |
2.00% |
6.00% |
| 30-Yr 3/1 Yr ARM |
3.125% |
3.125% |
$257.03 |
1.00% |
5.00% |
| 20-Yr 3/1 Yr ARM |
3.000% |
3.000% |
$332.76 |
1.00% |
5.00% |
| 15-Yr 3/1 Yr ARM |
2.875% |
2.875% |
$410.75 |
1.00% |
5.00% |
| 30-Yr 1/1 Yr ARM |
2.375% |
2.375% |
$233.19 |
1.00% |
5.00% |
| 20-Yr 1/1 Yr ARM |
2.375% |
2.375% |
$314.30 |
1.00% |
5.00% |
| 15-Yr 1/1 Yr ARM |
2.375% |
2.375% |
$396.55 |
1.00% |
5.00% |
|
| Effective Date: February 3, 2012 |
| Fixed Rate Mortgages (Servicing Retained) 1,3 |
| Term/Type |
APR |
Term |
Monthly Payment |
| 30-Yr Conventional |
3.750% |
360 |
$277.87 |
| 20-Yr Conventional |
3.750% |
240 |
$355.73 |
| 15-Yr Conventional |
3.000% |
180 |
$414.35 |
|
| Effective Date: February 3, 2012 |
1 APR and monthly payments are based on a $60,000 loan with 20% down. The APR could be different based upon prepaids, PMI, and closing costs.
2 The APR and payment are subject to increase after closing.
3 Rates subject to change daily. |
