| 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 |
4.500% |
4.500% |
$304.01 |
2.00% |
6.00% |
| 20-Yr 5/1 Yr ARM |
4.375% |
4.375% |
$375.55 |
2.00% |
6.00% |
| 15-Yr 5/1 Yr ARM |
4.250% |
4.250% |
$451.37 |
2.00% |
6.00% |
| 30-Yr 3/1 Yr ARM |
3.875% |
3.875% |
$282.14 |
2.00% |
6.00% |
| 20-Yr 3/1 Yr ARM |
3.750% |
3.750% |
$355.73 |
2.00% |
6.00% |
| 15-Yr 3/1 Yr ARM |
3.625% |
3.625% |
$432.62 |
2.00% |
6.00% |
| 30-Yr 1/1 Yr ARM |
3.500% |
3.500% |
$269.43 |
2.00% |
6.00% |
| 20-Yr 1/1 Yr ARM |
3.375% |
3.375% |
$344.13 |
2.00% |
6.00% |
| 15-Yr 1/1 Yr ARM |
3.250% |
3.250% |
$421.60 |
2.00% |
6.00% |
|
| Effective Date: April 16, 2013 |
| Fixed Rate Mortgages (Servicing Retained) 1,3 |
| Term/Type |
APR |
Term |
Monthly Payment |
| 30-Yr Conventional |
3.500% |
360 |
$269.43 |
| 20-Yr Conventional |
3.250% |
240 |
$340.32 |
| 15-Yr Conventional |
2.750% |
180 |
$407.17 |
|
| Effective Date: April 16, 2013 |
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. |
