Jumbo Loan Rates > $417,000
View conforming Loan Rates
If your rate is higher than in the chart below, you could save thousands... and you will have NO CLOSING COSTS. Not only no points, but also no appraisal fees, title insurance costs, credit report fees, recording fees, underwriting fees, or survey costs and no prepayment penalty.
ABSOLUTELY NO CLOSING COSTS
Below is a sample assuming various loan amounts and programs. When your new principle and interest payment drops, you will begin to save the very first month.
|
|
3/1 Arm (fixed for 3 years) |
Loan Balance |
Interest Rate |
Monthly Payment |
Closing Costs |
$425,000 |
3.000% |
$1791.82 |
$0 |
$650,000 |
2.875% |
$2696.80 |
$0 |
$1,000,000 |
2.875% |
$4148.92 |
$0 |
5/1 Arm (fixed for 5 years) |
|
Loan Balance |
Interest Rate |
Monthly Payment |
Closing Costs |
$425,000 |
3.125% |
$1820.60 |
$0 |
$650,000 |
3.000% |
$2740.43 |
$0 |
$1,000,000 |
3.000% |
$4216.04 |
$0 |
|
|
Loan Balance |
Interest Rate |
Monthly Payment |
Closing Costs |
$425,000 |
3.625% |
$1938.22 |
$0 |
$650,000 |
3.500% |
$2918.79 |
$0 |
$1,000,000 |
3.500% |
$4490.45 |
$0 |
|
Note: The loan balances shown above are assuming a 30 year term, 80% Loan to Value(except $1M is max. 75% LTV) and a 15 day interest adjustment. The ARM contract interest rate and monthly payment applies only during the initial contract period and are subject to change. The 3, 5 & 7 year ARM have a maximum increase or decrease of 2% each adjustment period, a maximum life cap of 5% and APR's of 3/1 ARM 3.004%, 5/1 ARM 3.044%, and 3.287% on the 7 year. All programs assume an escrow account for taxes and insurance. Rates as of 7/3/15 and can change without notice. Certain restrictions apply.
Because there are truly no closing costs, nothing is rolled into your mortgage balance. Please contact our experienced staff to discuss your mortgage needs, your options, and to answer your questions.