Conforming loan (<=$417k)
Purpose of Loan 30 YR 15 YR 5/1 7/1 Purchase Loan 3.875 3.000 2.500 2.875 Refinance Loan 4.000 3.125 2.625 3.000
The rates are based on criterion below and good for the time when they are quoted: Loan$>=400K,FICO>=740,LTV<=75%,O/O,SFH
There is no point, no fee for refinance but there is fee for purchase loan. Some rates require GC/Citizen. Adding impound account might bring in better rates.
Rate change is subject to loan amount, impound, property type(SFH vs Condo), financing purpose (cash out),occupancy type ( investment or second home),GC/Citizen, LTV and other conditions.
High Balance Loan (<=625k)
Purpose of Loan 30 YR 15 YR 5/1 7/1 Purchase Loan 4.125 3.125 3.125 3.625 Refinance Loan 4.125 3.250 n/a n/a
The rates are based on criterion below and good for the time when they are quoted: Loan$>=600K,FICO>=740,LTV<=75%,O/O,SFH
There is no point, no fee for refinance but there is fee for purchase loan. Some rates require GC/Citizen.Adding impound account might bring in better rates.
Rate change is subject to loan amount, impound, property type(SFH vs Condo), financing purpose (cash out),occupancy type ( investment or second home),GC/Citizen, LTV and other conditions.
Jumbo Loan ( Up to 2M)
Purpose of Loan 30 YR 15 YR 5/1 7/1 Purchase Loan 4.500 3.750 3.500 4.000 Refinance Loan 4.625 3.875 3.625 4.125
The rates are based on criterion below and good for the time when they are quoted: Loan$>=729K,FICO>=760,LTV<=60%,O/O,SFH
There is no point, no fee for refinance but there is fee for purchase loan. Some rates require GC/Citizen.Adding impound account might bring in better rates.
Rate change is subject to loan amount, impound, property type(SFH vs Condo), financing purpose (cash out),occupancy type ( investment or second home),GC/Citizen, LTV and other conditions.
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