Interest Rates

There are a number of variables which will determine what the rate might be for a specific loan. Some of the important ones would be as follows:

Loan Amount Amount of down payment or equity in the property Number of dwelling units (1-4) Is it owner occupied or an investment property Does the borrower want to pay points or not Length of the loan term Fixed or adjustable (there are at least 10 different types of adjustable mortgages)

Amount of income and liabilities Credit quality Does the borrower prefer a limited, or even a no documentation loan Is the loan to be a VA/FHA government insured loan Is the purpose of loan to take cash out of the equity in the property

The above is not to suggest that it is difficult to obtain a loan, but only to point out how difficult it is to address every possible situation in some sort of simple rate presentation. We would therefore urge you to take the time to talk to one of our loan officers to determine the best deal we can put together for your particular circumstances.

Learn more about closing costs and what you're getting charged for. If you don't see a rate you're looking for, you can use our Rate Tracker service to request that we notify you when rates reach a certain level.

Rates are subject to changing market conditions. A+ credit assumed.

Rates last updated on Aug 19 2008, 10:36AM

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All rates subject to change without notice.