Retail Rates as of 9 / 7 / 2008 Questions Call (800)-870-1041
Rates of retail lenders updated weekly
Rates of retail lenders updated weekly
Loan Amounts Under $417,001
Lenders 30yr Fixed Rate 15yr Fixed Rate 5yr ARM
Best Mortgage 6.250% + 0.00% points 6.000% + 0.00% points 5.875% + 0.000% points
Available.Com ------------- 0.00 points - 0.00 origination fees - 0.00 application fees --------------------
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Bank Of America 6.250% + 1.250% points 6.125% + 0.915% points 6.250% + 1.100% points
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Chase 6.375% + 1.000% points 5.875% + 1.250% points 6.000% + 1.125% point
------------------ 20% Down Payment Required - Chase Charges a $395 Application Fee ---------------
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CitiMortgage 6.500% + 0.000% points 6.250% + 0.000% points 6.250% + 0.000% points
--- 20% down payment required and charges a $565 commitment fee + 470 application fee -----
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E-Loan 6.500% + 0.900% points 6.000% + 0.974% points 6.000% + 1.953% points
-------------------------- E-Loan Charges an $895 processing Fee --------------------
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Suntrust 6.000% + 1.000% points & 5.750% + 1.000% points & 5.625% + 1.000% points &
+ 1.00% origination fee + 1.00% origination fee + 1.00% origination fee
---- 20% down payment required for these mortgage offers above if not rates are higher ----
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Wells Fargo 6.250% + 1.000% points & 5.875% + 1.000% points & 6.625% + 1.000% points &
---- 20% down payment required for these mortgage offers above if not rates are higher ----
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* 1.00% Origination Fee or 1 Point is equal to 1% of the loan amount. If the loan amount is $200,000 the 1% origination fee or point
is $2000.
Best Mortgage Available.com does not charge points or origination fees for the offers above.
Assumptions:
- Offers have been based upon a purchase of a single family home / town house used as a primary residence.
- The purchase price was $200,000
- 5% down payment
- Chase, Suntrust and Wells Fargo required a 20% down payment for the offers listed above.
- Applicants must be able to document their income to qualify for all offers above.
- A credit score of 720 was used to calculate the offers from all lenders above.
- Best Mortgage Available.com has programs with a 3.5% down payment and credit scores down to 550.
The interest rate you receive may vary depending on your credit score, the length of the rate lock period, the type of property in
question, if you plan on purchasing or refinancing and the mortgage program being applied for. Rates may change without notice
until locked.
Lenders 30yr Fixed Rate 15yr Fixed Rate 5yr ARM
Best Mortgage 6.250% + 0.00% points 6.000% + 0.00% points 5.875% + 0.000% points
Available.Com ------------- 0.00 points - 0.00 origination fees - 0.00 application fees --------------------
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Bank Of America 6.250% + 1.250% points 6.125% + 0.915% points 6.250% + 1.100% points
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Chase 6.375% + 1.000% points 5.875% + 1.250% points 6.000% + 1.125% point
------------------ 20% Down Payment Required - Chase Charges a $395 Application Fee ---------------
------------------------------------------------------------------------------------------------------------------------------------------------
CitiMortgage 6.500% + 0.000% points 6.250% + 0.000% points 6.250% + 0.000% points
--- 20% down payment required and charges a $565 commitment fee + 470 application fee -----
------------------------------------------------------------------------------------------------------------------------------------------------
E-Loan 6.500% + 0.900% points 6.000% + 0.974% points 6.000% + 1.953% points
-------------------------- E-Loan Charges an $895 processing Fee --------------------
------------------------------------------------------------------------------------------------------------------------------------------------
Suntrust 6.000% + 1.000% points & 5.750% + 1.000% points & 5.625% + 1.000% points &
+ 1.00% origination fee + 1.00% origination fee + 1.00% origination fee
---- 20% down payment required for these mortgage offers above if not rates are higher ----
------------------------------------------------------------------------------------------------------------------------------------------------
Wells Fargo 6.250% + 1.000% points & 5.875% + 1.000% points & 6.625% + 1.000% points &
---- 20% down payment required for these mortgage offers above if not rates are higher ----
------------------------------------------------------------------------------------------------------------------------------------------------
* 1.00% Origination Fee or 1 Point is equal to 1% of the loan amount. If the loan amount is $200,000 the 1% origination fee or point
is $2000.
Best Mortgage Available.com does not charge points or origination fees for the offers above.
Assumptions:
- Offers have been based upon a purchase of a single family home / town house used as a primary residence.
- The purchase price was $200,000
- 5% down payment
- Chase, Suntrust and Wells Fargo required a 20% down payment for the offers listed above.
- Applicants must be able to document their income to qualify for all offers above.
- A credit score of 720 was used to calculate the offers from all lenders above.
- Best Mortgage Available.com has programs with a 3.5% down payment and credit scores down to 550.
The interest rate you receive may vary depending on your credit score, the length of the rate lock period, the type of property in
question, if you plan on purchasing or refinancing and the mortgage program being applied for. Rates may change without notice
until locked.
Best Mortgage Available.com