Mortgage Rates

Interest Rates current as of May 12, 2008

Clink on the links below to find out more about each Account’s Interest Rates.
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Vacant Land Loans

Vacant Land Loans - Minimize (–)

Term  Number of
Monthly
Payments 
Monthly
Payments 
Interest
Rate 
APR* 
1 Year  12  $759.74  6.30%  7.069 
2 Year  24  $769.87  6.70%  7.113 
3 Year  36  $778.36  6.95%  7.247 

Notes:
* The Annual Percentage Rate (APR) is based on the following:
A 10-year amortization, $65,000 loan with 0 (zero) points, 20% down and finance charges of $465.00 Payments made on the 1st of the month.

This information is provided and distributed only to assist real estate professionals and is not intended to extend consumer credit as defined by Section 226.6 of Regulation Z.

Interest Rates and terms are subject to change at any time without notice.

Construction Loans

Construction Loans - Minimize (–)

Account Type  Interest
Rate 
APR* 
1/1 ARM**  5.375%  4.757% 
3/1 ARM**  5.625%  4.867% 
In-House 12 Month Construction Loan  6.95%  7.943% 

Notes:
* The Annual Percentage Rate (APR) is based on the following:
A 348 month amortization, $200,000 loan with 0 (zero) points, 20% down and finance charges of $920.00 for owner occupied 1-4 family residence. Payments made on the 1st of the month and are computed from total amount of construction draws. Payments are Interest only.

This information is provided and distributed only to assist real estate professionals and is not intended to extend consumer credit as defined by Section 226.6 of Regulation Z.

Interest Rates and terms are subject to change at any time without notice.

Bridge Loans

Bridge Loans - Minimize (–)

Term  Number of
Monthly
Payments 
Monthly
Payment 
Interest
Rate 
APR* 
12 Months (Non-construction)  12  $1375.00  8.000%  8.324% 
12 Months (Construction)  12  Based on total
draw amount 
7.75%  8.750% 

Notes:
* The Annual Percentage Rate (APR) is based on the following:
Non-construction:
A 12 month amortization, $200,000 loan with 0 (zero) points, 20% down and finance charges of $620.00 for owner occupied 1-4 family residence. Payments made on the 1st of the month and are Interest only.
Construction:
A 12 month amortization, $200,000 loan with 0 (zero) points, 20% down and finance charges of $920.00 for owner occupied 1-4 family residence. Payments made on the 1st of the month and are computed from total amount of construction draws. Payments are Interest only.

This information is provided and distributed only to assist real estate professionals and is not intended to extend consumer credit as defined by Section 226.6 of Regulation Z.

Interest Rates and terms are subject to change at any time without notice.

Adjustable Rate Mortgages

Adjustable Rate Mortgages - Minimize (–)

Account Type  Number of
Monthly
Payments 
Monthly
Payments 
Interest Rate  APR* 
1/1 ARM**  12  $875.36  5.375%  4.716% 
3/1 ARM**  36  $899.33  5.625%  4.892% 

Notes:
* The Annual Percentage Rate (APR) is based on the following:
A 30-year amortization, $150,000 loan with 0 (zero) points, 20% down and finance charges of $495.00 for owner occupied 1-4 family residence. Payments made on the 1st of the month.
**ARM = Adjustable Rate Mortgage
Rates are subject to change.

This information is provided and distributed only to assist real estate professionals and is not intended to extend consumer credit as defined by Section 226.6 of Regulation Z.

Interest Rates and terms are subject to change at any time without notice.

3 - 5 - 7 Balloon Mortgages

3 - 5 - 7 Balloon Mortgages - Minimize (–)

Account Type  Number of
Monthy
Payments 
Payment
Amount 
Interest Rate  APR* 
3 - Year Balloon  36  $1048.82  6.750%  6.870% 
5 - Year Balloon  60  $911.42  6.000%  6.112% 
7 - Year Balloon  84  $911.42  6.250%  6.337% 

Notes:
* The Annual Percentage Rate (APR) is based on the following:
Pricing is for a balloon mortgage with a 30-year amortization, servicing is released to a third party, escrow for real estate taxes and insurance will be required, $150,000 loan with 0 (zero) points, 20% down and finance charges of $480.00 (3 Year) or $702.00 (5 & 7 Year) for owner occupied 1-4 family residence. Payments made on the 1st of the month.

This information is provided and distributed only to assist real estate professionals and is not intended to extend consumer credit as defined by Section 226.6 of Regulation Z.

Rates and terms are subject to change at any time without notice.

15 - 20 - 30 - 40 Year Fixed Rate Mortgages

15 - 20 - 30 - 40 Year Fixed Rate Mortgages - Minimize (–)

Account Type  Number of
Monthly
Payments 
Interest Rate  APR* 
15 - Year Fixed  180  5.375%  5.447% 
20 - Year Fixed  240  5.750%  5.808% 
30 - Year Fixed  360  5.875%  5.919% 
40 - Year Fixed  480  6.250%  6.298% 

Notes:
* The Annual Percentage Rate (APR) is based on the following:
Pricing is for a fixed rate mortgage with servicing released to a third party, escrow for real estate taxes and insurance will be required, $150,000 loan with 0 (zero) points, 20% down and finance charges of $702.00 or $889.50 (40 Year) for owner occupied 1-4 family residence. Payments made on the 1st of the month.

This information is provided and distributed only to assist real estate professionals and is not intended to extend consumer credit as defined by Section 226.6 of Regulation Z.

Interest Rates and terms are subject to change at any time without notice.

WHEDA

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Account Type  Interest Rate  APR*  Points 
30 - Year Fixed  6.000%  6.038% 

Notes:
First time home buyers only

Rates changes every Thursday at 8:00 am
* The APR (Annual Percentage Rate) is based on $150,000 loan, with 0 points, 20% down payment and $616 in pre-paid fees.

Downpayment may be required

This information is provided and distributed only to assist real estate professionals and is not intended to extend consumer credit as defined by Section 226.6 of Regulation Z.

Rates and terms are subject to change at any time without notice.

15 - 30 Year Jumbo Mortgages

15 - 30 Year Jumbo Mortgages - Minimize (–)

Jumbo Interest Rates are available for loans over $417,000. Please call Dennis Winchell at (262) 814-2660 or Tom Haase at (262) 363-6500 for more details.

Investment Property Mortgages

Investment Property Mortgages - Minimize (–)

Please contact the Loan Officer at the location nearest to you. Click here for locations.