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Contact Info:
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51 Atlantic Avenue
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Marblehead MA 01945
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Tel:
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781.639.9909
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Fax:
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781.639.9912
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Email:
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Lowest Mortgage Rates
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If you are looking for the lowest rates, then you've come to the right
place.
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| Program |
Term |
Rate |
APR |
| No Points / No Closing Cost
* available for loans $175,000 and up
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30 Year Conforming |
7.00% |
7.09% |
| 20 Year Conforming |
7.00% |
7.09% |
| 15 Year Conforming |
6.75% |
6.79% |
| 30 Year Jumbo |
7.00% |
7.09% |
| 15 Year Jumbo |
6.75% |
6.79% |
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Note: Conforming loans 'conform' to the limits and criteria set by FNMA and FHLMC:
$417,000 for a single family home.
$533,850 for a two family home.
$645,300 for a three family home.
$801,950 for a four family home.
Jumbo rates are for loans that exceed conforming limits.
| Program |
Rate |
Point |
APR |
| 30
Year Fixed Conforming
* adjustments to the rate:
add .125 for loan below $125,000
add .25 for loan below $75,000
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6.125% |
2.00 |
6.379% |
| 6.375% |
1.00 |
6.55% |
| 6.625% |
0.00 |
6.72% |
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| Program |
Rate |
Point |
APR |
| 20
Year Fixed Conforming
* adjustments to the rate:
add .125 for loan below $125,000
add .25 for loan below $75,000
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6.00% |
2.00 |
6.29% |
| 6.375% |
1.00 |
6.50% |
| 6.50% |
0.00 |
6.65% |
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| Program |
Rate |
Point |
APR |
15 Year Fixed Conforming
10 Year Fixed Conforming
* adjustments to the rate:
add .125 for loan below $125,000
add .25 for loan below $75,000
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5.75% |
2.00 |
6.03% |
| 6.125% |
1.00 |
6.37% |
| 6.375% |
0.00 |
6.45% |
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| Program |
Rate |
Point |
APR |
| 3/1 Conforming ARM
* adjustments to the rate:
add .125 for loan below $125,000
add .25 for loan below $75,000
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N/A |
N/A |
N/A |
| N/A |
N/A |
N/A |
| 6.25% |
0.00 |
6.59% |
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| Program |
Rate |
Point |
APR |
| 5/1 Conforming ARM
* adjustments to the rate:
add .125 for loan below $125,000
add .25 for loan below $75,000
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N/A |
N/A |
N/A |
| N/A |
N/A |
N/A |
| 6.375% |
0.00 |
6.69% |
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| Program |
Rate |
Point |
APR |
| 30 Year Fixed Jumbo
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N/A |
N/A |
N/A |
| 6.50% |
1.00 |
6.72% |
| 6.75% |
0.00 |
6.89% |
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| Program |
Rate |
Point |
APR |
| 15 Year Fixed Jumbo
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N/A |
N/A |
N/A |
| 6.25% |
1.00 |
6.39% |
| 6.50% |
0.00 |
6.62% |
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| Program |
Rate |
Point |
APR |
| 3/1 ARM Jumbo
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N/A |
N/A |
N/A |
| N/A |
N/A |
N/A |
| 6.375% |
0.000 |
6.49% |
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| Program |
Rate |
Point |
APR |
| 5/1 ARM Jumbo
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N/A |
N/A |
N/A |
| N/A |
N/A |
N/A |
| 6.375% |
0.000 |
6.49% |
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Note: Jumbo rates are for loans that exceed conforming
limits.
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Please Note the following:
Interest rates are subject to change without notice. It is always
the best to call or send an email to confirm our landers current rates.
Quoted interest rates are subject to investors guidelines.
Please call (781) 639-9909 or send us your email to obtain
customized rates based on your specific qualifications and
needs.
Annual Percentage Rates (APRs) are based on a $100,000 loan and
a purchase price (or property value) of $125,000. Your actual
APR can and will most certainly vary from those quoted above.
APR's differ from quoted interest rates because closing costs
and points, if any, are included in the APR calculation. Call or send an email for
an exact APR for your loan.
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| © Copyright 2001, American Dream Financing, Inc. All Rights Reserved.
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