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BEST RATES IN TOWN!

                  

The Best Interest Rates in town!!!!  May 8, 2008

Rates are for purchase and refinancing with closing cost! 720 FICO 20% Equity
 


RATE    POINTS  

Fixed Rates     NEW LOCKS ONLY

30 Year Conforming 

200,000 to $417,000

5.625% 

0+1

20% down 720 FICO

5.875% 

0 + 0

90% No MI 6.250%

0+0


15 Year Fixed Conforming

200,000 to $417000

5.625%

0+0

30 Yr  Fixed 2-1 buydown 5.125%

0 + 0


30 Year Jumbo

417-729k

6.125%

0+0

750 credit scores

call

1+0

2nd trust rates as low as 7.5%

$417.000 to $2,000,000 adjustments may apply for larger loans


Adjustable Rates           Rates are Subject to change!


10/1 ARM  I/O OPTIONAL

CONFORMING

6.125%

0

10/1 ARM 1 yr PP

JUMBO-80% cltv

6.375%

0+0


7/1 ARM I/O OPTIONAL

UP TO $417,000

5.625%

0+0

80% to 1 mil,,1YR PP

$417,000 TO 1 MIL

5.750%

0+0


5/1 ARM  I/O OPTIONAL

CONFORMING

5.500%

0+0


JUMBO-- 80 %LTV 1 yr pp

5.375%

0+0

ADJUSTMENTS MAY APPLY FOR LTV OR FOR # OF DAYS NEEDED FOR LOCKS


3/1 ARM I/O OPTIONAL

CONFORMING

5.375%

0+0


JUMBO 80% 1 yR pp

5.375%

0+0

All Quotes are for 30 Day locks, Longer locks will affect the price.


LINES OF CREDIT (HELOC'S)

NO COST

7.500%

0

SECOND TRUST FIXED LOANS

90% LTV 80/10/10

7.400%

0




RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. Licensed by Virginia SCC-VA mb-1029

 

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Last revised: Thursday May 08, 2008