CURRENT RATES (PURCHASE TRANSACTIONS)
Conforming Loans: Loan amounts $417,000 & under*
30-yr Fixed = 4.25% Purchase Only
15-yr Fixed = 3.50% Purchase Only
NEW!
Conforming 5/1: 3.125% amortized; 3.75% interest only
Conforming 7/1: 3.25% amortized
HOT PRODUCT Conforming 10/1: 4.00% amortized!!!**
(Consult your Covenant Mortgage Professional for Refinance Quotes)
Jumbo Loans:Loan amounts over $417,000*
5/1 ARM = 3.875%
7/1 ARM =4.000%
NEW! 30-year Fixed JUMBO: 5.00%
FHA Loans: *
30-yr Fixed Range= 4.125% - 4.50%
NEW! FHA 5/1 ARM: 3.125% Qualify at Start Rate
Call Me Now For More Details!
*Based on pricing as of Friday, November 12th, 2010 at 12:00PM. Prices, guidelines, and programs subject to change without notice. Subject to errors and omissions. This information is not intended to constitute an advertisement for purposes of the Truth-in-Lending Act or Regulation "Z". It is intended solely for use by Real Estate professionals.
Residential Mortgage Licensee: GA Licensee #22745, Florida Residential Mortgage Licensee#CL0800186, NorthCarolina Licensee #B-147025, Covenant NMLS# 144774
For More Information Call or Email our Mortgage Man
Phil Blankstein
Mortgage Planner
Cell 678-938-7111
phil.blankstein@mycovenantmortgage.com
NMLS # 251790, GA License# 26422
Brought to you by Mike and Melody Vanderhoff
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