Rates change constantly, as do the criteria for various loan programs. Please contact us for the latest information. The information contained on this page is offered as a guideline only, and should not be used to guarantee any rate.... Again, contact us for current information.
Interest Rates as of August 25, 2008
Loan
Type |
Rate |
Discount |
Origination |
| Conforming 30 Year Fixed | 6.375 % | 0 |
1 |
| Conforming 15 Year Fixed | 6.0 % | 0 |
1 |
| Conforming 40 Year Fixed | 6.75 % | 0 |
1 |
| Jumbo 30 Year Fixed | 8.25 % | 1 |
1 |
| Jumbo 15 Year Fixed | 8.0 % | 0 |
1 |
| Jumbo 5 Year ARM | 8.25 % | 0 |
1 |
| FHA 30 Year Fixed | 6.25 % | 0 |
1 |
| VA 30 Year Fixed | 6.375 % | 0 |
1 |
Notes:
1. Conforming loan rates are based on minimum $100,000 loan amount, credit score over 720 and minimum 5% down payment for qualifying property. Rates slightly higher without discount points for loan sizes less than $100,000.
2. Government loans (FHA and VA) based on minimum $100,000 loan amount and credit score greater than 620. Please contact us for information regarding loan amounts less than $100,000 or credit scores lower than 620.
3. Jumbo loan programs include loan sizes ranging from $417,001 up to and including $1,000,000. The above rates are available to Borrowers with minimum credit scores of 780 and 20% equity in the property. Please call for rate quotes based on lower credit scores and/or less equity. Loans over $650,000 sometimes require tax and insurance escrows.
3. Borrowers must meet the requirements of the investor and be approved
in order to qualify for the above listed rates and programs
Realty Mortgage/DFWHomeLoan
1280 South Main Street Suite 102
Grapevine, TX 76051
817-410-1120 metro
Consultant@DFWHomeLoan.com