CURRENT INTEREST RATE
PRODUCT Rate APR Apply 30 yrs Fixed 5.250% 5.540% 15 yrs Fixed 5.125% 5.750% 7 yrs ARM 4.875% 5.168% 5 yrs ARM 4.500% 4.638% 3 yrs ARM 3.875% 3.980% 2 yr/6 ARM 6.125% 6.420%
Rates are subject to change without notice.
*The above rates assume a 20% down payment and an anticipated rate lock period and closing date 30 days out. If the down payment is less than 20% mortgage insurance may be needed. This could increase the APR. Total closing costs are not included in the APR. The results above assume a 1% origination fee. This origination fee is included in the Annual Percentage Rate. Rates are subject to change without notice and may vary depending upon your unique credit history and the transaction. In order to receive a guaranteed rate, an application must be submitted and an agreement must be signed by you officially locking the rate, at which time you will receive a Notice of Loan Approval. Assuming a $200,000 first mortgage loan with a 30-year term and a fixed interest rate of 5.25% (APR of 5.524). The interest rate on the loan is fixed for the life of the loan or until refinanced. This is not a commitment to lend. To qualify for this loan, the borrower must have a FICO score of 680 or greater, a maximum loan amount and loan-to-value requirements may apply.*