As of June 5, 2008
15 Year Fixed Rate 5.50% (APR 5.709%)*
30 Year Fixed Rate 5.875% (APR 6.001%)*
40 Year Fixed Rate 6.00% (APR 6.107%)*
30 Interest Only 6.00% (APR 6.379%)*
5-1 ARM/30 Yr Term 5.25% (APR 5.527%)*
7-1 ARM/30 Yr Term 5.50% (APR 5.623%)*
Rural Housing 6.375% (APR 6.703%)**
100% Financing / 30 Year Fixed Rate
VA Loans 6.00% (APR 6.321%)**
100% Financing / 30 Year Fixed Rate
WHEDA 6.00% (APR 6.031%)***
97% Financing / 30 Year Fixed Rate
*APR based on a $150,000 loan amount after a 5% down payment.
APR reflects a 1 Point loan fee
** APR based on $150,000 loan with no down payment.
*** APR based on $150,000 loan amount after a 3% down payment
Rates effective as of 06-05-2008 and are subject to change.
Credit criteria is based on approve/elligible borrowers with credit scores of 680 or higher.
Loans are based on owner occupied or second home purchase or no cash-out refinance scenarios.