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| Rates as of Wednesday, July 23, 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% |
6.250% |
6.478% |
$3,319.38 |
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| 15 YEAR FIXED |
0.000 |
0.000% |
6.500% |
6.568% |
$2,329.73 |
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| 30 YEAR FIXED |
1.000 |
0.000% |
6.625% |
6.764% |
$3,334.83 |
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| 30 YEAR FIXED |
0.000 |
0.000% |
6.875% |
6.918% |
$2,345.18 |
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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% |
7.000% |
7.560% |
$1,957.33 |
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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: 4.608% MARGIN: 2.75% |
| 180 MONTH AMORTIZATION |
0.000 |
0.000% |
6.625% |
6.985% |
$2,354.45 |
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| 360 MONTH AMORTIZATION |
0.000 |
0.000% |
6.625% |
7.113% |
$2,354.45 |
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IN-HOUSE 5/1 ARM LOANS ( Greater Than 80% LTV without PMI )
2/2/5 Caps INDEX: 4.608% MARGIN: 2.750% |
| 180 Month Amortization |
0.000 |
0.000% |
7.500% |
7.522% |
$2,390.45 |
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| 360 MONTH AMORTIZATION |
0.000 |
0.000% |
7.500% |
7.474% |
$2,390.45 |
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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 4.608% MARGIN: 2.750% |
| 180 Month Amortization |
0.000 |
0.000% |
6.500% |
6.881% |
$2,349.35 |
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| 360 Month Amortization |
0.000 |
0.000% |
6.500% |
7.037% |
$2,349.35 |
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IN-HOUSE 5/5 ARM LOANS (GREATER THAN 80% WITHOUT PMI)
5/5/5 Caps INDEX: 4.608% MARGIN: 2.750% |
| 180 Month Amortization |
0.000 |
0.000% |
7.375% |
7.426% |
$2,385.35 |
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| 360 Month Amortization |
0.000 |
0.000% |
7.375% |
7.396% |
$2,385.35 |
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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% |
7.000% |
7.068% |
$2,350.28 |
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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% |
7.218% |
7.218% |
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| 61 TO 120 MONTHS |
0.000 |
0.000% |
7.847% |
7.847% |
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| 121 TO 180 MONTHS |
0.000 |
0.000% |
8.081% |
8.081% |
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HOME EQUITY LOANS UNDER $25,000
(1ST & 2ND LIEN WITHOUT SOUTHSIDE 1ST) |
| UP TO 60 MONTHS |
0.000 |
0.000% |
7.843% |
7.843% |
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| 61 TO 120 MONTHS |
0.000 |
0.000% |
8.347% |
8.347% |
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| 121-180 MONTHS |
0.000 |
0.000% |
8.831% |
8.831% |
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