Home Loan Rates
Mortgage Made Easy
Effective date February 3, 2012. Rates subject to change.
| Term | Rate | APR* | Cash-out Refinance Rate | Cash-out Refinance APR* < $150,000 | Cash-out Refinance APR* > $150,000 |
|---|---|---|---|---|---|
| 30 Year Fixed | 4.000% | 4.135% | 5.000% | 5.046% | 5.046% |
| 20 Year Fixed | 4.000% | 4.186% | 5.000% | 5.063% | 5.063% |
| 15 Year Fixed | 4.000% | 4.238% | 5.000% | 5.080% | 5.080% |
| 1 Year ARM | 4.000% | 6.394% | Not Available | Not Available | Not Available |
Cash-out Refinance Transactions ONLY:
For loans under $150,000 add 1.50 in discount points.
Stuff we gotta tell ya
Rates and/or points are subject to change at any time
*Quotes represents a "lock-in" period of 45 days - if you have a specific property and choose to "lock-in," we will guarantee rate and points for 45 days. 60-day rates are available with an increase in rate of .25%. Rate locks require a completed rate lock form.
*Posted rates assume a 5% down payment and 1% origination fee and a FICO credit score of 740 or greater: .25% increase in rate for no origination fee.
*APR = Annual Percentage Rate- a comprehensive measure of credit cost to the borrower that takes account of the interest rate, points, and flat dollar charges.
*APR quotes based upon the purchase of an existing single family home in Dallas County, Texas with a purchase price of $187,500 - a down payment of 20% and a loan amount of $150,000.
*ARM = Adjustable Rate Mortgage- loans with interest rates that change.
*Closing Costs vary by loan type, property state, borrowers credit history, loan purpose, occupancy and for other reasons. Closing costs include fees from your Lender, Title Company, and Closing Agent. Other fees include but are not limited to local governments, surveyors, inspectors, appraisers and couriers.
Purchase 2nd
80/20, 80/15/5 and 80/10/10 (no mortgage insurance) loans are available.
Example.: $100,000 purchase price would have a $80,000 first mortgage and a $20,000 second mortgage to avoid mortgage insurance.
| Term | Rate | APR* |
|---|---|---|
| Up to 5 Years | 6.50% | 6.591% |
| Up to 10 Years | 7.00% | 7.053% |
| Up to 15 Years | 7.25% | 7.290% |
*APR = Annual Percentage Rate. All rates subject to change without notice. For example, a $10,000.00 loan for 5-year term with 60 payments of $195.74, 10-year term with 120 payments of $116.18 and 15-year term with 180 payments of $91.34.
Texas Second Mortgage Products
Effective date November 1, 2011. All rates subject to change without notice.
Call your loan representative for more information
Please note: Your actual rate may vary based on your credit score.
Home Equity Fixed Rate
| Term | Rate | APR* |
|---|---|---|
| Up to 5 Year | 5.00% | as low as 5.084% |
| Up to 10 Year | 5.25% | as low as 5.296% |
| Up to 15 Year | 5.49% | as low as 5.524% |
*APR = Annual Percentage Rate. Texas residents only. All rates subject to change without notice. For example, a $10,000.00 loan for 5-year term with 60 payments of $188.02, 10-year term with 120 payments of $106.90 and 15-year term with 180 payments of $81.34.
Home Improvement
| Term | Rate | APR* |
|---|---|---|
| Up to 5 Year | 5.50% | as low as 5.586% |
| Up to 10 Year | 5.75% | as low as 5.797% |
| Up to 15 Year | 6.00% | as low as 6.035% |
*APR = Annual Percentage Rate. Texas residents only. All rates subject to change without notice. For example, a $10,000.00 loan for 5-year term with 60 payments of $190.24, 10-year term with 120 payments of $109.32 and 15-year term with 180 payments of $84.04.
Home Equity Line of Credit
| Term | Rate |
|---|---|
| Variable rate as low as Prime plus 1% | 4.25% as of 11/01/11 |
Program Features:
- No application fee.
- Variable rate adjusted to Prime + 1%.
- Your actual rate may vary based on your credit score.
- Closing costs typically equals between $300 - $400.
- APR will never be greater than 18%.
***Texas owner-occupied properties only. Annual Percentage Rate may vary. Variable interest rate. See your tax advisor - interest may be tax deductible.
Texas - Borrow up to 80% of the home's market value, minus the first mortgage balance. $4,000 minimum advance required.
Arizona Second Mortgage Products
Effective date November 1, 2011. All rates subject to change without notice.
Call 800-262-5749 for Mortgages and Refinancing.
Please note: Your actual rate may vary based on your credit score.
Home Equity Fixed Rate
| Term | Rate | APR* |
|---|---|---|
| Up to 5 Year | 5.00% | as low as 5.084% |
| Up to 10 Year | 5.25% | as low as 5.296% |
| Up to 15 Year | 5.49% | as low as 5.524% |
Home Equity Line of Credit
| Term | Rate |
|---|---|
| Variable rate as low as Prime plus 1% | 4.25% as of 11/01/11 |
Program Features:
- No application fee.
- Variable rate adjusted to Prime + 1%.
- APR will never be greater than 18%.
Stuff we gotta tell ya
Home Equity Fixed Rate payment example - Under the 80% loan product a $10,000.00 loan for 5-year term with 60 payments of $188.02, 10-year term with 120 payments of $106.90 and 15-year term with 180 payments of $81.34.
Home Equity Line Of Credit - Annual Percentage Rate may vary. Variable interest rate. See your tax advisor - interest may be tax deductible. Borrow up to 80% of the home's market value, minus the first mortgage balance. $1,000 minimum initial advance.
- *APR = Annual Percentage Rate.
- Arizona residents only.
- Owner-occupied properties only
- All rates subject to change without notice.
- Your actual rate may vary based on your credit score.
- Arizona home equity products have an early termination fee if loan account is closed within the first two years of origination.
Illinois Second Mortgage Products
Effective date November 1, 2011. All rates subject to change without notice.
Call 800-262-5749 for Mortgages and Refinancing.
Please note: Your actual rate may vary based on your credit score.
Home Equity Fixed Rate
| Term | Rate | APR* |
|---|---|---|
| Up to 5 Year | 5.00% | as low as 5.084% |
| Up to 10 Year | 5.25% | as low as 5.296% |
| Up to 15 Year | 5.49% | as low as 5.524% |
Home Equity Line of Credit
| Term | Rate |
|---|---|
| Variable rate as low as Prime plus 1% | 4.25% as of 11/01/11 |
Program Features:
- No application fee.
- Variable rate adjusted to Prime + 1%.
- Your actual rate may vary based on your credit score.
- Closing costs typically equals between $300 - $400.
- APR will never be greater than 18%.
***Illinois owner-occupied properties only. Annual Percentage Rate may vary. Variable interest rate. See your tax advisor - interest may be tax deductible.
Illinois - Borrow up to 80% of the home's market value, minus the first mortgage balance.
Georgia Second Mortgage Products
Effective date August 1, 2011. All rates subject to change without notice.
Call 800-262-5749 for Mortgages and Refinancing.
Please note: Your actual rate may vary based on your credit score.
Home Equity Fixed Rate
| Term | Rate | APR* |
|---|---|---|
| Up to 5 Year | 5.00% | as low as 5.084% |
| Up to 10 Year | 5.25% | as low as 5.296% |
| Up to 15 Year | 5.49% | as low as 5.524% |
Home Equity Line of Credit
| Term | Rate |
|---|---|
| Variable rate as low as Prime plus 1% | 4.25% as of 11/01/11 |
Program Features:
- No application fee.
- Variable rate adjusted to Prime + 1%.
- APR will never be greater than 18%.
***Georgia owner-occupied properties only. Annual Percentage Rate may vary. Variable interest rate. See your tax advisor - interest may be tax deductible.
Georgia - Borrow up to 90% of the home's market value, minus the first mortgage balance. $5000 minimum initial advance.
