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