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Thursday, September 09, 2010
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Conforming Loan Programs |
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Loan Program |
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Term |
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Rate |
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APR |
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30-year Fixed |
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30 Yrs |
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7.125% |
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7.464% |
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15-year Fixed |
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15 Yrs |
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6.500% |
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6.964% |
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3-year ARM |
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30 Yrs |
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5.375% |
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5.837% |
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5-year ARM |
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30 Yrs |
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6.000% |
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6.414% |
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97% Financing |
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30 Yrs |
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7.500% |
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7.999% |
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100% Financing |
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30 Yrs |
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7.750% |
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8.339% |
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103% Financing |
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30 Yrs |
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8.375% |
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8.699% |
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Interest Only 1month LIBOR |
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30 Yrs |
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4.125% |
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5.374% |
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Interest Only 6month LIBOR |
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30 Yrs |
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4.250% |
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5.133% |
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VA loans |
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30 Yrs |
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7.125% |
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7.866% |
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No Income Verification Loan Programs |
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Loan Program |
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Term |
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Rate |
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APR |
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30-year Fixed (20% down) |
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30 Yrs |
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5.875% |
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6.321% |
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15-year Fixed |
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15 Yrs |
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5.500% |
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5.957% |
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3-year ARM (20% down) |
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30 Yrs |
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4.500% |
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5.014% |
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5-year ARM (20% down) |
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30 Yrs |
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4.750% |
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5.214% |
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3-year ARM (5% down) |
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30 Yrs |
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6.250% |
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6.623% |
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5-year ARM (5% down) |
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30 Yrs |
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6.375% |
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6.845% |
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Jumbo Loan Programs |
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Loan Program |
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Term |
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Rate |
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APR |
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30-year Fixed |
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30 Yrs |
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6.000% |
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6.272% |
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15-year Fixed |
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15 Yrs |
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5.500% |
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5.939% |
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3-year ARM |
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30 Yrs |
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4.000% |
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4.507% |
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5-year ARM |
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30 Yrs |
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4.875% |
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5.499% |
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Interest-Only 1month LIBOR |
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30 Yrs |
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3.125% |
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4.339% |
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Interest Only 6month LIBOR |
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30 Yrs |
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3.125% |
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3.900% |
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Rates, points and programs cannot be guaranteed and are subject to change
without notice. This is not an advertisement for credit as defined by
paragraph 226.24 of regulation Z. Maximum Loan amount for a conforming
loan is $417,000. Jumbo is a loan amount in excess of $417,000.
These rates reflect Integra Mortgage Corp.'s 1% origination fee.
All rates and APR are quoted for a loan in excess of $125,000.
IMPORTANT: All loan programs and loan limits are
subject to property and credit approval. Program terms and conditions are subject to change
without notice. Not all products are available in all states or for all dollar amounts.
Other restrictions and limitations apply. If you have any questions regarding loan
parameters, or would like to request more information on non-conforming loans, please
contact us at
847-794-5066.
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Quick Def: LIBOR
LIBOR is an abbreviation for London Interbank Offered Rate, and is the interest rate offered by a specific group of London banks for U.S. dollar deposits of a stated maturity. LIBOR is used as a base index for setting rates of some adjustable rate financial instruments, including Adjustable Rate Mortgages (ARMs)
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