|
Kevin Orf Senior Mortgage Consultant 651-492-4392 www.kevinorf.com |
Tuesday February 10th
|
Program Description |
Rates |
Type of Loan |
Minimum Down Payment |
|
Government Loans |
|
|
|
|
FHA |
5.500% |
30 yr. Fixed Rate |
3.50% |
|
FHA ARM |
5.250% |
1 yr. ARM |
3.50% |
|
*** New FHA Loan Limit $365,000 *** |
|||
|
VA |
5.375% |
30 yr. Fixed Rate |
0.00% |
|
VA ARM |
5.750% |
3 yr. ARM |
0.00% |
|
Conventional Loans |
|
|
|
|
Fixed |
5.000% |
30 yr. Fixed Rate |
5.00% |
|
Fixed |
4.625% |
15 yr. Fixed Rate |
5.00% |
|
Interest Only |
6.125% |
30 yr. Fixed Rate |
5.00% |
|
Adjustable rate |
5.750% |
3 yr. ARM |
5.00% |
|
Adjustable rate |
6.000% |
5 yr. ARM |
5.00% |
|
Adjustable rate |
6.250% |
7 yr. ARM |
5.00% |
|
*** Conventional Loan Limit $417,000 *** |
|||
|
|
|
|
|
|
Zero Down/USDA |
5.500% |
30 yr. Fixed |
0.00% |
|
Zero Down |
N/A |
5 yr. ARM |
0.00% |
|
Zero Down |
N/A |
7 yr. ARM |
0.00% |
|
|
|
|
|
|
Other Features |
•· All pricing based on a 30 day lock. •· Extended lock periods available with one-time float down options. Lock periods up to 180 days. •· Mandatory credit score adj. not included in these rates. |
This form and the information provided herein are for Realtor use only. Rates and programs are subject to change without notice. Rates do not include closing costs associated with obtaining the loan. All loans must be locked in writing under Minnesota Statutes.
Honesty, integrity and personal, friendly service are the things Kevin values most. No matter what the situation may be, Kevin will listen to you and work with you to find the best mortgage for you.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved
