Sample of Available Loan Programs
(Note: Property must be located in North Carolina)

Conventional Fixed Rates
Up to 30 Years

  • 95%, 97% & 100% Purchase & Refinancing
  • 80/10/10,  and single loan - No PMI Programs
  • Interest Only Bridge Loans


Conventional ARM's

  • 1,3,5,7 & 10 Year Adjustables
    with Interest Only Options


Construction / Permanent Loans

  • Single closing with Permanent loan rate locks


Doublewides with Permanent Foundations

  • Conventional Loan Rates

 

  

Lots or Small Tracts of Land

  • Fixed Rates up to 15 years
  • 80-90% LTV


Investor Loans

  • 1-4 Family Rental Properties
  • Up to 85% LTV with Fixed Rates up to 30 Years


100% Purchase Programs

  • USDA Rural Housing
  • 30 Year Fixed Rate
  • No Monthly PMI
Loan Rates Are Based On Credit Scores, Loan To Value, And Other Qualifications. Credit Scores Below 740 May Cause Your Rate To Be Higher For Some Programs. Please Ask Your Loan Officer For Details. 
Rates as of 11/20/2008*
Loans of $100,000+
 (rates for loans below $100,000 may be higher)
 
All Rates are for owner occupied,
1st or 2nd home purchase or refinance.

Programs Rate Origination Fee Discount Points APR
30 Year Fixed Rate       5.500       1.0       0       5.631      
15 Year Fixed Rate       5.250       1.0       0       5.471      
20 Year Fixed Rate       5.500       1.0       0       5.676      
10 Year Fixed Rate       5.250       1.0       0       5.564      
30 Year Fixed Rate NO CLOSING COSTS( prepaids only)       6.375       0       0       6.375      
100% LTV 30yr. Fixed Rate Rural Housing(Income and property restrictions apply)       5.500       1.5       0       5.736      
95.01%-97% LTV 30 Year Fixed Rate with PMI       5.750       1.0       0       7.114      
85.01-90.0% LTV NO PMI 30yr. Fixed       6.125       1.0       0       6.260      
1 Year ARM       5.875       1.0       0       5.986      
3/1 ARM       6.000       1.0       0       6.113      
20 Year Fixed Rate Interest Only for 10 Years       6.500       1.0       0       6.639      
30/15 Construction/Perm.(With Permanent Rate Lock)       6.125       1.0       .75       6.334      
15 Year Fixed Rate Jumbo Loan       6.250       .50       0       6.407      
30/15 Year Balloon Jumbo Loan       6.375       .50       0       6.459      

 
*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. The APR is an estimate based on a $100,000 loan without PMI. The actual APR could vary depending on the loan amount, property value and closing date.

** Rates are based on 30 day locks with extended rate locks available. Call for rates on other programs. SOME PROGRAMS MAY HAVE HIGHER RATES FOR BORROWERS WITH CREDIT SCORES BELOW 720. Please check with your Loan Officer.