Today's Great Rates
Friday, October 24, 2014 10:05     AM CST

     ADVANTAGE ONE MORTGAGE             

Conventional Conforming Fixed Loans

Rates are for 30 day rate locks and apply to owner-occupied single family detached purchase & no cash-out refinance loans up to $417,000.

 

In the Points or (Credit) $ column, a positive dollar amount represents points to be paid at closing while a negative amount in brackets (  ) represents a credit to be used toward covering some or all of the closing cost, prepaid items and reserves. 

 

The Points or (Credit) $ amount, Principle & Interest (P&I) and Annual Percentage Rate (APR) are based on a $200,000 loan amount. Yours could be higher or lower depending on the actual loan amount.

 

Changes to the credit or loan characteristics listed below may result in new loan terms and pricing. Loan amounts available to 95% LTV.

 

30 Year  (Middle Credit  => 740 / LTV <= 75%)

    Rate     Points or (Credit) by %     Points or (Credit) by $            Monthly P&I    APR
     3.625 %   0.750 % $1500.00       $912.10   3.73%
     3.750 %  (-0.250 %)  (-$500.00)       $926.33   3.79%
        3.875 %       (-1.000 %)  (-$2000.00)         $940.47      3.88%

20 Year  (Middle Credit  => 740 / LTV <= 75%)

    Rate     Points or (Credit) by %     Points or (Credit) by $       Monthly P&I APR
     3.500 %  1.125 % $2250.00      $1159.92   3.69%
     3.625 %  0.125 %   $250.00      $1172.81   3.70%
       3.750 %    (-0.875 %) (-$1750.00)          $1185.78       3.78%

15 Year 

    Rate      Points or (Credit) by %     Points or (Credit) by $       Monthly P&I APR
     2.750 %  0.875 %   $1750.00      $1357.24  2.95%
     2.875 %  0.125 %     $250.00      $1369.17  2.97%
     3.000 % (-0.625 %) (-$1250.00)      $1381.16  3.07%

Jumbo Fixed Loans

Rates are for 30 day rate locks and apply to owner-occupied single family detached 80% LTV purchase loans from $417,001 to $1,000,000 with middle credit => 760 and debt-to-income < 43%. Please call for loan amounts from $1,000,001 to $3,000,000. Principle & Interest (P&I) and Annual Percentage Rate (APR) are based on a $750,000 loan amount. changes to the credit or loan characteristics listed may result in new loan terms and pricing.

 

30 Year 

    Rate      Points %     Points $             Monthly P&I      APR
      3.875 %   0.000 %    $0.00       $3526.78     3.95%

15 Year 

    Rate      Points  %     Points $             Monthly P&I      APR
      3.250 %   0.000 %    $0.00       $5270.02     3.38%

 

1. The Monthly P&I payment does not include amounts for taxes and insurance (if applicable), and the actual payment obligation may be greater to include amounts for taxes and insurance (if applicable). AKA: escrow account.

2. All rates, points or credits, and annual percentage rates (APRs) are subject to change without notice. 

3. Your APR will vary based on your final loan amount and finance charges.

4. Other lock periods may be available.

5. Rates may only be locked through a licensed Mortgage Loan Originator to be effective. Your loan cannot be locked until you have completed an       application, spoken with  a licensed Mortgage Loan Originator and met the documentation requirements to lock your loan terms.

 

 918.665.6199 or 888.387.6199