Main: (800) CONVENTIONAL REFINANCE HARP FIXED RATE PRICING

Transcription

1 CONVENTIONAL PURCHASE FNMA 30 Year Fixed Purchase FNMA 20 Year Fixed Purchase CONTACT US Main: (800) NORTHWESTERN HIGHWAY PO BOX SOUTHFIELD, MI ILLINOIS RESIDENTIAL MORTGAGE LICENSE # 4131(A) NMLS#: LOAN LEVEL PRICING ADJUSTMENTS All LLPAs are adjusted for within the price and credits/fees. The loan officers obtain loan specific FNMA 15 Year Fixed Purchase FNMA 10 Year Fixed Purchase pricing utilizing the pricing engine. RATE LOCKS DAY LOCK EXPIRATION DATE Monday, August 27, FOR AN EXTENDED RATE LOCK MEMBER MUST PAY A NON REFUNDABLE FEE OF % PER DAY EMPLOYEE LOANS Credit Union employees will be offered: % reduction in rate on non-government loans Reduction in fees on government loans CONVENTIONAL REFINANCE FNMA 30 Year Fixed Refinance FNMA 20 Year Fixed Refinance FNMA 15 Year Fixed Refinance FNMA 10 Year Fixed Refinance HARP FIXED RATE PRICING FNMA HARP 30 Year Fixed FNMA HARP 15 Year Fixed ASSUMPTIONS The information provided assumes the purpose of the loan is to purchase an existing single family detached home and will be used as a primary residence. The loan amount is $150,000 and the purchase price is $200,000. For Golden Jumbos, the loan amount is $500,000 and the appraised value is $625,000. For USDA Loans, the loan amount is $100,000 and the appraised value is $102,827. The property is located in Oakland County, Michigan. There is an escrow account for property taxes and homeowners insurance. The rate lock period is 45 days for conventional and credit union exclusive loan and 60 days for government loans. The assumed credit score is 740 or higher. The monthly payment amount shown includes only principal and interest. The escrow for property taxes, homeowners insurance, flood and/or mortgage insurance if applicable are not included in the monthly payment amount. Your actual monthly payment will be higher with escrow account included. The interest rates, APRs and points shown may change throughout the day due to varying market conditions. Rates are subject to change. To get more accurate and personalized results, please call to talk with a loan expert. Page 1

2 HOME READY HomeReady 30 Year Fixed Purchase HomeReady 20 Year Fixed Purchase HomeReady 15 Year Fixed Purchase HomeReady 10 Year Fixed Purchase GOVERNMENT FIXED RATE PRICING FHA 30 YEAR FIXED FHA 15 YEAR FIXED Rate 60-Day APR Rate 60-Day APR VA 30 YEAR FIXED VA 15 Year Fixed Rate 60-Day APR Rate 60-Day APR Rural Development 30 YEAR FIXED Rate 60-Day APR Page 2

3 Zero Down Payment Zero Down Payment 30 Year Zero Down Payment 15 Year Zero Down Payment 10 Year Zero Down Payment 5/1 ARM Max Cashout Max Cashout 30 Year Max Cashout 15 Year Max Cashout 10 Year Max Cashout 5/1 ARM Best Score Family Helper Loan Best Score Family Helper Loan 30 Year Best Score Family Helper Loan 15 Year Best Score Family Helper Loan 10 Year Best Score Family Helper Loan 5/1 ARM Page 3

4 PMI Saver PMI Saver 30 Year PMI Saver 15 Year PMI Saver 10 Year PMI Saver 5/1 ARM Non-Warrantable Condo Non-Warr Condo 30 Year Non-Warr Condo 15 Year Non-Warr Condo 10 Year Non-Warr Condo 5/1 ARM Right Choice Right Choice 30 Year Right Choice 15 Year Right Choice 10 Year Right Choice 5/1 ARM Page 4

5 Hobby Farm Hobby Farm 30 Year Hobby Farm 15 Year Hobby Farm 10 Year Hobby Farm 5/1 ARM Home Renovation Loan Home Renovation Loan 30 Year Home Renovation Loan 15 Year Home Renovation Loan 10 Year Home Renovation Loan 5/1 ARM Construction Construction 30 Year Construction 15 Year Construction 10 Year Construction 5/1 ARM Page 5

6 Dr Loan Dr Loan 30 Year Dr Loan 20 Year Dr Loan 15 Year Dr Loan 10 Year Golden Jumbo Golden Jumbo <=500K 30 Year Fixed Golden Jumbo <=500K 20 Year Fixed Golden Jumbo <=500K 15 Year Fixed Golden Jumbo <=500K 10 Year Fixed Golden Jumbo 500K> 30 Year Fixed Golden Jumbo 500K> 20 Year Fixed Golden Jumbo 500K> 15 Year Fixed Golden Jumbo 500K> 10 Year Fixed Page 6