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| Rates as of Thursday, November 20, 2008 |
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| Product Description |
Points |
Origination Fee |
Interest Rate |
APR |
Closing Costs |
Apply |
CONFORMING LOANS UP TO $417,000.
APR (Annual Percentage Rate) BASED ON $100,000.00 + CUSTOMARY CLOSING COST 80% LTV ONLY |
| 15 YEAR FIXED |
1.000 |
0.000% |
5.500% |
5.723% |
$3,288.63 |
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| 15 YEAR FIXED |
0.000 |
0.000% |
6.000% |
6.067% |
$2,309.18 |
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| 30 YEAR FIXED |
1.000 |
0.000% |
5.875% |
6.008% |
$3,304.08 |
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| 30 YEAR FIXED |
0.000 |
0.000% |
6.375% |
6.417% |
$2,324.63 |
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FHA & VA LOANS
(CALL FOR PRICING FOR LOANS UNDER $50,000) |
| 15 YR FIXED |
0.000 |
0.000% |
6.500% |
7.046% |
$1,936.78 |
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| 30 YR FIXED |
0.000 |
0.000% |
6.500% |
7.041% |
$1,936.78 |
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| IN-HOUSE 5/1 ARM LOANS (80% or Less LTV without PMI or Greater Than 80% LTV without PMI ) 2/2/5 Caps INDEX: 2.80% MARGIN: 2.75% |
| 180 MONTH AMORTIZATION |
0.000 |
0.000% |
5.625% |
5.642% |
$2,313.35 |
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| 360 MONTH AMORTIZATION |
0.000 |
0.000% |
5.625% |
5.590% |
$2,313.35 |
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IN-HOUSE 5/1 ARM LOANS ( Greater Than 80% LTV without PMI )
2/2/5 Caps INDEX:2.80% MARGIN: 2.750% |
| 180 Month Amortization |
0.000 |
0.000% |
6.500% |
6.120% |
$2,349.35 |
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| 360 MONTH AMORTIZATION |
0.000 |
0.000% |
6.500% |
5.900% |
$2,349.35 |
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IN-HOUSE 5/5 ARM LOANS (80% OR LESS LTV WITHOUT PMI OR GREATER THAN 80% LTV WITH PMI)
5/5/5 Caps INDEX 2.80% MARGIN: 2.750% |
| 180 Month Amortization |
0.000 |
0.000% |
5.500% |
5.584% |
$2,308.25 |
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| 360 Month Amortization |
0.000 |
0.000% |
5.500% |
5.560% |
$2,308.25 |
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IN-HOUSE 5/5 ARM LOANS (GREATER THAN 80% WITHOUT PMI)
5/5/5 Caps INDEX:2.80% MARGIN: 2.750% |
| 180 Month Amortization |
0.000 |
0.000% |
6.375% |
6.083% |
$2,344.25 |
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| 360 Month Amortization |
0.000 |
0.000% |
6.375% |
5.903% |
$2,344.25 |
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IN-HOUSE LOAN PROGRAM - FULLY AMORTIZING,
(UP TO $650,000.00, 80% LTV or Greater than 80% with PMI - ESCROWS REQUIRED) |
| 180 Month Amortization |
0.000 |
0.000% |
6.000% |
6.020% |
$2,309.18 |
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| 30 YR AMORTIZATION |
0.000 |
0.000% |
6.750% |
6.763% |
$2,339.93 |
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HOME EQUITY LOANS $25,000 & OVER
(1ST LIEN ONLY &2ND LIEN BEHIND SOUTHSIDE 1ST) |
| UP TO 60 MONTHS |
0.000 |
0.000% |
6.042% |
6.042% |
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| 61 TO 120 MONTHS |
0.000 |
0.000% |
6.805% |
6.805% |
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| 121 TO 180 MONTHS |
0.000 |
0.000% |
7.050% |
7.050% |
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HOME EQUITY LOANS UNDER $25,000
(1ST & 2ND LIEN WITHOUT SOUTHSIDE 1ST) |
| UP TO 60 MONTHS |
0.000 |
0.000% |
6.667% |
6.667% |
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| 61 TO 120 MONTHS |
0.000 |
0.000% |
7.305% |
7.305% |
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| 121-180 MONTHS |
0.000 |
0.000% |
7.800% |
7.800% |
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Copyright ©2005, Southside Bank
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