FLORIDA MORTGAGE TYPES

Florida Interest Rates are updated weekly

RATES AS OF 4/17/08

Conforming - Fixed Interest Rate

(up to $417,000)

Interest Rates

Points and/or

Mtg Broker Fee

30 year
6.25%
0
30 year
5.875%

1.00

30 year
CALL
2.00

Conforming - Fixed Interest Rate

(up to $417,000)

Interest Rates
Points
15 year
6.00%
0
15 year
5.625%
1.00
15 year
CALL
2.00

VA Loans - Fixed Interest Rate

(up to $417,000)

Interest Rates
Points
30 year
6.25%
0
15 year
6.00%
0
                     15 OR 30 year             CALL           1.00-2.00

Conforming - Adjustable Interest Rate

(up to $417,000)

Interest Rates
Points
3/1 ARM - 30 year
CALL
?
5/1 ARM - 30 year
CALL
?

Conforming Jumbo - Fixed Interest Rate

(over $417,000)

Interest Rates
Points
30 year jumbo
8.50%
.50
30 year jumbo
8.125%
1.00
15 year jumbo
7.375%
.50
15 year jumbo
7.125%
1.00

Other rates and programs are available! Please Call Us!

Florida Mortgage Interest rates are based on the following criteria: Home Purchase Loan Size: $300,000(Conforming & VA), $500,000(Jumbo) Down Payment: 20% (Conventional), Loan Pourpose: Purchase, Property Type: Single Family, Occupancy: Owner Occupied, State: FL, Credit Score: 730+, Lock Period: 30-days

CONTACT US FOR INFORMATION ON COMMERCIAL & B/C LOAN PROGRAMS! WE HAVE LOW FLORIDA MORTGAGE INTEREST RATES!

All Florida mortgage interest rates are quoted for loan amounts of $300,000 or greater. Maximum loan amount on conforming & VA loans is $417,000. Mortgages over $417,000 are Jumbos. Loan amounts lower than $300,000 or Loan Refinances may be at higher interest rates.

VA Home Loan rates assume seller will contribute to all VA non-allowables.

The Florida mortgage interest rates contained herein are provided on an informational basis only, and do not constitute an offer of consumer credit.

Florida mortgage interest rates change daily. Florida mortgage interest rates quoted herein are subject to change without notice and are not guaranteed until locked in by the lender.




08/28/08

 

 


 


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