Weekly Rates From First Bank Mortgage September 6th Through The 9th

Dated: September 7 2022

Views: 12

Weekly Rates from First Bank Mortgage


09/07/2022

For Loan Amounts from

$100,000 to $1,000,000

Term

Property Type

Interest Rate

Est. APR*

Min. Down Payment

Transaction Type

7/6Arm Conv

1 Unit or Condo

5.375%

5.424%

25%

Second Home or Investment Property

10/6Arm Conv

1 Unit or Condo

5.50%

5.550%

25%

Second Home/

Investment Property

7/6 Arm Conv

1 Unit or Condo

5.625%

5.673%

20%

Second Home/ Investment Property

10/6 Arm Conv

1 Unit or Condo

5.75%

5.799%

20%

Second Home / Investment Property

First Bank Jumbo Arms


Second Homes

For Loan Amounts from

$647,201 to $1,000,000

Term

Property Type

Interest Rate

Est. APR*

Min. Down Payment

Transaction Type

7/6 Arm Port Jumbo

Single Family

5.00%

5.025%

20%

Second

Home

10/6 Arm Port Jumbo

Single Family

5.125%

5.151%

20%

Second Home

15 Year Fixed

Single Family

5.125%

5.169%

20%

Second Home

7/6 Arm Port Jumbo

Single Family

4.875%

4.901%

25%

Second Home

10/6 Arm Port Jumbo

Single Family

5.00%

5.026%

25%

Second Home

15 Year Fixed

Single Family

5.00%

5.045%

25%

Second Home

Special 30 Year Fixed Rates Pricing is available for Lower Loan Amounts.

*Interest rates and annual percentage rates (APRs) are based on current market conditions and are for informational purposes only. Interest rates and loan program terms are subject to change without notice and may be subject to pricing adjustors related to property type, loan amount, loan-to-value, credit score and other variables. Accuracy is not guaranteed and products may not be available to all borrowers, based on their individual situation. This is not a credit decision or commitment to lend. Depending on loan guidelines, mortgage insurance may be required and the mortgage insurance premium could increase the APR and monthly mortgage payment. Additional loan programs may be available.


Loan Assumptions


Conforming Conventional ARM (Adjustable Rate Mortgages)

  • $400,000 Single-Family Purchase of Primary Residence (detached)

  • $320,000 Base Loan Amount (80% LTV and 20% Down Payment)

  • $300,000 Loan Amount (75% LTV and 25% Down Payment)

  • 740 FICO Score

Portfolio Investment Programs

  • $400,000 Single-Family Purchase of Primary Residence (detached)

  • $320,000 Base Loan Amount (80% LTV and 20% Down Payment)

  • $300,000 Loan Amount (75% LTV and 25% Down Payment)

  • 740 FICO Score or Greater

Portfolio Jumbo Arms Programs

  • $1,0000,000 Single-Family Purchase of Primary Residence (detached)

  • $800,000 Base Loan Amount (80% LTV and 20% Down Payment)

  • $750,000 Loan Amount (75% LTV and 25% Down Payment)

  • 750 FICO Score or Greater


 


Some Interest Rate pricing may include discount fees.

This information is for business purpose only and is not intended for consumer distribution.

Ron Cardozo

Senior Loan Officer

First Bank Mortgage

6201 College Blvd.

Suite 100 Overland Park, KS 66211

p: 913-712-0307 | f: (314) 264-9510

m: 913-710-5626

LO NMLS ID:34541 | First Bank NMLS ID:551928

Ron.Cardozo@FBOL.com | www.RonCardozo.com

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