Connecticut Jumbo Mortgage Rates

Our portfolio true jumbo mortgage rates hold steady on some programs, and ticked up a bit on others this week in Connecticut.

Despite the Fannie Mae High Balance Loan Program being introduced, loan limits have remained at $417,000 for Fannie Mae loans in most of Connecticut(Hartford, Litchfield, Middlesex, New Haven, New London, Tolland, and Wyndham Counties), and are at $511,750 in Fairfied County. The Fannie Mae HBLP are also has some hits to pricing which are prohibitive, particularly to those looking to simply consolidate debt.

Our true jumbo loan programs, called our Insight Program, allows for higher loan balances at extremely competitive terms!

Currently we have the following Jumbo Rates with 0 points as of business close on 2/13/09**:

10/1 ARM

30/15 Balloon

Call Michael Byrne at 908 531 6170 or 800-999-2489 x7972 for current rates.

30 Year Fixed

5/1 ARM, 7/1 ARM, Interest-Only Options, and shorter fixed terms available: Call Michael Byrne for quotes on these and all products.

Typical minimum FICO scores of 680/700 Full Doc loans only. Subject to verification of post closing assets and full underwriting.*

Currently with loan to values of up to 80% on purchase money/rate term refinances to $750,000, 75% on purchase money/rate term refinances up to $1,250,000, and up to 70% Financing to $1,500,000. A one-time floatdown option will be considered, should rates drop on this program.

We also have other Jumbo and Super Jumbo Products available in Connecticut, and just added a new jumbo investor yesterday. Additional details will be forthcoming. Call for details on these ever-changing products. The Insight Program outlined above is a portfolio product and we also have many relatioships with investors who will buy jumbo loans in Connecticut.

We also offer competitive pricing on FHA, VA and Conventional Loans in Connecticut, as well USDA loans in qualified areas. We underwrite and fund these loans in-house.

Michael Byrne

908 531 6170 Cell

www.refi-fhasecure.com

www.mortgageprosforum.com

* Guidelines subject to change without notice and subject to final investor underwriting **Price adjustments for loans over $750k on fixed rate loans: add a .125% for fixed rates over 750k, .25% in rate to the 30/15 Balloon. 10 and 15 Year Fixed Rates add .125%, 20 Year Fixed add .25%.

Gateway Funding Diversified Mortgage Services, L.P. is licensed by the PA Department of Banking as a first mortgage banker and licensed pursuant to the PA Secondary Mortgage Loan Act; Arkansas Mortgage Company License; Licensed by the Department of Corporations under the California Residential Mortgage Lending Act; DC Mortgage Lender and Broker; a Georgia Residential Mortgage Licensee (#15499); Illinois Residential Mortgage Licensee; Kansas licensed Mortgage Company; Massachusetts Mortgage Lender and Broker (#MC-3052); Licensed by the New Hampshire Banking Department (#10192-MBB); Licensed by the NJ Department of Banking and Insurance; Licensed Mortgage Banker NYS Banking Department; a Mortgage Lender and Broker in Rhode Island; Gateway Funding is also authorized or exempt as a mortgage banker in AL, CO, CT, DE, FL, IN, IA, ME, MD MI, MN, MO, MT, NE, NV, NM, NC, OH, OK, OR, SC, TN, TX, UT, VT, VA, WV, and WI. This is not an offer to extend credit to any individual who may be entitled to a more complete disclosure per RESPA, TILA, HOEPA or any other more applicable federal, state or local law or regulation, Rates, Terms, Fees and Equity requirements are subject to change without notice. For qualified borrowers only. Equal Housing Lender. © 2008 Gateway Funding Diversified Mortgage Services, L.P.

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