 Frid |
Mortgage Rate Sheet
Mortgage Loan Officers
Virginia Addison (vaddison@baylandsfcu.org)
Marvin Tiller (mtiller@baylandsfcu.org) |
Mortgage Rates
for Monday , May 19, 2008
|
Conventional/Conforming
(<$417,000) [purchase transactions only] |
30 Year Fixed |
6.375% 1.000+0.000
6.518% APR* |
6.000% 1.000+1.000
6.139% APR* |
|
20 Year Fixed |
6.250% 1.000+0.000
6.392% APR* |
5.875% 1.000+1.000
6.013% APR* |
|
10/15 Year Fixed |
6.000% 1.000+0.000
6.139% APR* |
5.500% 1.000+1.000
5.635% APR* |
|
7 Year Balloon |
|
5.625% 1.000+1.000
5.761% APR* |
|
3/1 ARM |
5.625% 1.000+1.000
5.761% APR* |
|
1 Year ARM |
|
call for quote
|
|
|
JUMBO
(>$417,000) [purchase transactions only] |
30
Year Fixed |
| call for quote |
| |
|
Construction/Permanent
Single
Close Loans
Call us TODAY for rates and details on this product! |
|
|
Government
(FHA/VA)[purchase
transactions only] |
30
Year Fixed |
6.375%
1.000+0.000
6.518% APR* |
6.000%
1.000+1.000
6.139% APR* |
|
15
Year Fixed |
6.000%
1.000+0.000
6.139% APR*
|
5.375%
1.000+1.000
5.509% APR* |
|
|
|
BayLands
Feature Mortgage Loans |
Home
Equity
(2nd Mortgage, 10 Years) |
8.000%
8.157% APR* |
|
Home
Equity
Line-of-credit |
| 5.000%
APR* |
| Variable,
starting at Prime + 0 (8.250 APR) with closing costs waived
if the balance of your loan stays above
$5,000.00 during the first 12 months |
|
Land
/ Lot
Loans |
9.500%
9.672% APR* |
| (based on
$30,000.00 loan amount with $1,000.00 in closing costs) |
|
|
Rates
are for the date indicated and subject to change. Call the credit union
for details.
|
*Annual
Percentage Rate. Unless otherwise indicated, APR is calculated using
a loan
amount of $100,000.00
and closing costs of $1,500.00, amortized over the maximum term allowed.
 Rates vary depending on loan specifications, loan-to-value and credit.
This credit union is federally-insured by the National Credit Union Administration. |