Conforming Loans

2 Pt. W/Closing

1 Pt. W/Closing

   0 Pt. W/Closing

Term

Rate

Apr

Payment Per $1000

Rate

Apr

Payment Per $1000

Rate

  Apr

Payment Per $1000

30 Years

4.625%

4.835%

$5.14

4.875%

4.999%

$5.29

5.250%

5.288%

$5.52

20 Years

15 Years

10 Years

4.375%

4.897%

$10.30

4.625%

4.930%

$10.42

4.875%

4.964%

$10.55

·         Maximum LTV is 100%, subject to conditions and may require additional fee.

·         First time Homebuyers Rate  – 1/8% Less on these fixed rate programs .

·         Single Family property loan amounts exceeding $417,000 – add 1/4% to Rate.

·         1-4 unit investment properties: Add minimum of 1.75 Points.

·         Final loan parameters including loan-to-value (LTV), cash out refinance transactions and applicant(s) credit score(s) may require additional fees from those quoted above.

Conforming Loans

1 Point W/Closing

0 Points W/Closing

Rate

Apr

Payment Per $1000

Rate

Apr

Payment Per $1000

CAPS

MARGIN

3 / 1

4.625%

3.675%

$5.14

4.875%

3.649%

$5.29

2/6

2.75

5 / 1

4.990%

3.996%

$5.36

5.250%

4.008%

$5.52

2/6

2.75

1 / 1

4.500%

3.461%

$5.07

4.750%

3.400%

$5.22

2/6

2.75

3 / 3

4.875%

4.225%

$5.29

4.990%

4.167%

$5.36

2/6

2.75

·         Maximum LTV is 95%, subject to conditions.

·         First time Homebuyers Rate  – 1/8% Less on these adjustable rate programs .

·         Single Family property loan amounts exceeding $417,000 – add 1/4% to Rate.

·         Rates may increase after consummation.

·         Term for above loans is 30 years.

MASSHOUSING MORTGAGES

Rate

Apr

Payment Per $1000

Points

Mass Advantage Low

5.250%

5.302%

$5.52

0

Mass Advantage

5.500%

5.553%

$5.68

0

My Community Mortgage

5.375%

5.441%

$5.60

0

·         Maximum LTV is 100%, subject to conditions and may require additional fee.

·         Income limits and purchase price limits may apply based on property location.

·         Above rates are for 30 year term only.  Call for 40 year term rates and APRs.

·         Final loan parameters including loan-to-value (LTV) and applicant(s) credit score(s) may require additional fees from those quoted above.

MY COMMUNITY MORTGAGE

Rate

Apr

Payment Per $1000

Points

30 Year Fixed

5.375%

5.414%

$5.60

0

·     Maximum LTV is 100%, subject to conditions and may require additional fee.

• Maximum loan amount of $417,000 for single family property.

·     Final loan parameters including loan-to-value (LTV) and applicant(s) credit score(s) may require additional fees from those quoted above.

BUY BROCKTON MORTGAGE PROGRAM

Rate

Apr

Payment Per $1000

Points

30 Year Fixed

4.750%

4.779%

$5.22

0

• Maximum LTV is 100%, subject to conditions and may require additional fee.
• Maximum loan amount of $417,000, single family or condominium  property only.
• Properties must be located in Brockton, MA.
• Other terms and conditions apply.

HOME LOAN PAYMENT RELIEF "HELPER" MORTGAGE

Rate

Apr

Payment Per $1000

Points

3/1 ARM

4.875%

3.692%

$5.29

0

• Maximum LTV is 95%, subject to conditions.
• Maximum loan amount of $417,000 for single family property.
• Margin = 2.75; Caps of 1/5; Term of 30 years.
• Maximum income limits apply based on property location.

FIRST TIME HOMEBUYERS

·         FIXED RATE and ADJUSTABLE RATE MORTGAGES are less 1/8% (.125) for first time homebuyers. 

·         SPECIAL MORTGAGE PROGRAMS are at posted rates.

·         Private Mortgage Insurance is not factored into the APR.

CONSTRUCTION
LOANS

·         ANY RATE UNDER FIXED OR ADJUSTABLE QUOTED ABOVE APPLIES

·         FAST AND EASY - ONE CLOSING

·         12 Month Construction Period

·         Automatic rollover to permanent financing at same low rate.

INVESTMENT
PROPERTIES

·         Programs for Fannie Mae saleable loans only .

·         1-4 family properties.

·         Higher interest rate and or fees may apply.