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| 30 Year FNMA Fixed Rate |
| 15 Year FNMA Fixed Rate |
| 30 Fixed Rate Jumbo Conforming |
| 30 Year FNMA DU Refi Plus |
| 30 Year Conventional Non-Conforming |
| 30 Fixed FHA Jumbo |
| 30 Fixed FHA |
| 20 Year FNMA Fixed Rate |
| 10 Year FNMA Fixed Rate |
| 25 Year Fixed Rate Jumbo |
| 15 Year Fixed Rate Jumbo |
| Elite 3/1 ARM |
| Elite 5/1 ARM |
| Elite 7/1 ARM |
| 20 Year Conventional Non-Conforming |
| 15 Year Conventional Non-Conforming |
| 30 Jumbo Fixed Rate Interest Only |
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30 Year FNMA Fixed Rate
Term: 30 years
Maximum Amount: $417,000
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Fixed rate, fully amortizing with level payments for life of loan. Two-Family Loans: $533,850.00/ Three-Family Loans: $645,300.00/ Four-Family Loans: $801,950.00. |
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15 Year FNMA Fixed Rate
Term: 15 years
Maximum Amount: $417,000
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Fixed rate, fully amortizing with level payments for life of loan. Two-Family Loans: $533,850.00/ Three-Family Loans: $645,300.00/ Four-Family Loans: $801,950.00. |
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30 Fixed Rate Jumbo Conforming
Term: 30 years
Maximum Amount: $729,750
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Loan amounts $417,001 - $729,750.00 ( 1-unit), $934,200.00 (2-units), $1,129,250.00 (3-units), $1,403,400.00 (4-units) depending upon area median house price and MSA location. High cost area limits are in effect for 2009. |
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30 Year FNMA DU Refi Plus
Term: 30 years
Maximum Amount: $729,750
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Rate/Term Refinance designed for one of the following purposes: To reduce the monthly mortgage principal and interest payment OR, offer a more stable mortgage product (i.e. refinance from an ARM to a fixed rate or a interest only to a fixed rate amortizing)
Product is available for Conforming and Jumbo Conforming loan limits.
Eligible existing first lien must be a conventional mortgage in first lien position currently owned by Fannie Mae.
Maximum LTV (Loan-to-Value) 105% with no maximum CLTV (Combined-Loan-to-Value) |
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30 Year Conventional Non-Conforming
Term: 30 years
Maximum Amount: $1,500,000
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Fixed-rate, level payment for life of loan. 1-2 unit Primary and 1-unit Second Homes only. Loan amount will be based upon LTV (Loan-to-Value) and transaction type.
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30 Fixed FHA Jumbo
Term: 30 years
Maximum Amount: $729,750
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Minimum base loan amount: $417,001 subject to High Cost County Loan Amount limits which depend upon area median house price and MSA location. |
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30 Fixed FHA
Term: 30 years
Maximum Amount: $417,000
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Maximum base loan amount is the lower of $417,000.00 or county loan limits established by FHA. |
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20 Year FNMA Fixed Rate
Term: 20 years
Maximum Amount: $417,000
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10 Year FNMA Fixed Rate
Term: 10 years
Maximum Amount: $417,000
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25 Year Fixed Rate Jumbo
Term: 25 years
Maximum Amount: $729,750
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Loan amounts $417,001 - $729,750 (1-Unit) depending upon area median house price and MSA location. Higher loan limits apply for 2-4 family dwellings. See product description for 30 Fixed Rate Jumbo. |
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15 Year Fixed Rate Jumbo
Term: 15 years
Maximum Amount: $729,750
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Loan amounts $417,001 - $729,750 (1-unit) depending upon area median house price and MSA location. |
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Elite 3/1 ARM
Term: 30 years
Maximum Amount: $1,500,000
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Adjustable-rate mortgage with the rate and payment fixed for the first three years and annual interest and payment adjustments thereafter.
Index: Weekly average yield of U.S. Treasury Securities adjusted to constant maturity of one year, as shown on Federal Reserve Statistical Release H 1.5 (519)
1-2 Unit Primary and 1-unit Second homes only. Loan amount $35,001 - $1,500,000.00. |
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Elite 5/1 ARM
Term: 30 years
Maximum Amount: $1,500,000
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Adjustable-rate mortgage with the rate and payment fixed for the first five years and annual interest and payment adjustments thereafter.
Index: Weekly average yield of U.S. Treasury Securities adjusted to a constant maturity of one-year, as shown on Federal Reserve Statistical Release H. 15 (519).
1-2 unit Primary Residence and 1-unit Second homes only. Loan amount $35,001 - $1,500,000.00. |
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Elite 7/1 ARM
Term: 30 years
Maximum Amount: $1,500,000
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Adjustable-rate mortgage with the rate and payment fixed for the first seven years and annual interest and payment adjustments thereafter.
Index: Weekly average yield of U. S. Treasury Securities adjusted to a constant maturity of one-year, as shown on Federal Reserve Statistical Release H.15 (519).
1-2 Unit Primary Residence and 1-unit Second Homes only. Loan amount $35,001 - $1,500,000.00. |
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20 Year Conventional Non-Conforming
Term: 20 years
Maximum Amount: $1,500,000
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15 Year Conventional Non-Conforming
Term: 15 years
Maximum Amount: $1,500,000
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30 Jumbo Fixed Rate Interest Only
Term: 30 years
Maximum Amount: $1,500,000
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Fixed rate with interest only payments for the first ten (10) year, and fully amortized over the remaining twenty (20) years. |
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.
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