Wednesday, August 19, 2009

Mortgage Rates! Great!

Rate Sheet
Raymond Duncan @ Bank of America Home Loans4122 Clemson Blvd. Anderson SC 29621
Rates below are closest to 1 point, and other point options are available. Rates can vary depending on down payment amounts and credit scores.
FHA Mortgages up to 96.5% Financing (No minimum credit score required)
15 year fixed 4.375% 0.5 point
30 year fixed 4.8755% 0.75 points
3/1 ARM 3.750% 0.875 points
VA Mortgages up to 100% Financing ( No minimum credit score required)
15 year fixed 4.375% 0.75 points
30 year fixed 4.875% 1.0 point
Conventional Mortgages up to 95% Financing
15 year fixed 4.25% 0.625 points
30 year fixed 4.875% 0.75 point
3/1 3.875% 0.75 point
*****Rates quoted above are based on a $150,000.00 purchase price and credit score of 720*********Private Mortgage insurance may apply***********Escrowing of taxes and insurance is required if LTV is over 80%******
Jumbo Mortgages up to 80% financing
15 year fixed 5.25% 0.625 points
30 year fixed 5.375% 1.0 points
*****Rates quoted above are based on $695,000.00 purchase price and credit score of 720**********Rates quoted with escrows of taxes and insurance*****
Jumbo Loans up to $3,000,000.00
15 year fixed 5.375% 0.375 points
30 year fixed 5.625% 0.875 point
Used purchase price of 4,275,000.00 with loan amount of $2,992,500.00 and 720 credit score…
Products, rates, and terms are subject to change without notice. Bank of America Home Loans is an equal housing lender.

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