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Adjustable-Rate Mortgages

Adjustable rate loans have interest rates that remain fixed for a set period of time and the lower interest rate affords you lower payments. 

Click here to access our Fixed Rate Mortgage Loans. 

September 10, 2010                                                               

Adjustable Rate Loans up to $2 million   

Annual Percentage Rate (APR) Based on Loan Amount of $417,000

All payment examples shown below are Principal and Interest.                   

5 Year Adjustable Rate Loans

Rate                             Points                           APR                             Payment

3.250%                       0.000%                         3.148%                       $1,814.81

3.125%                       0.500%                         3.152%                       $1,786.33

7 Year  Adjustable Rate Loans

Rate                             Points                           APR                             Payment

3.500%                       0.000%                         3.263%                       $1,872.52

3.375%                       0.500%                         3.255%                       $1,843.54

  * All loans subject to credit approval.  Actual rate on your loan request may vary based on your credit qualifications and loan characteristics.  Rates and Products are subject to change at any time.  Call our experienced, professional Home Loan Specialists at (866) 773-9835,  Monday - Friday  7:00 a.m. to 5:00 p.m. for additional information on LTV's, rate buy-downs, and specific loan options.

 

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