DISCOUNT HOME LOANS

MORTGAGE RATES

AS OF THE WEEK OF October 23, 2008

 

 

 

 

Rate

 

Points

 

Loan Amt

 

Down

 

APR*

GOVERNMENT LOANS

FHA / VA RATES minimum FICO SCORE 580
FHA/ VA     30 YEAR LOAN 6.5% 0 500,000 3% 7.284%
FHA/ VA     15 YEAR LOAN 6 0 500,000 3% 6.956%
FHA HOPE LOANS COMING SOON!          
CLASSIC LOANS minimum FICO SCORE 620
30 Year Fixed Rate Conforming 6.5% 0% 500,000 5% 7.139
30 Year Fixed Rate Conforming 6% 1% 417,000 5% 6.735
40 Year Fixed Rate Conforming 7.375% 0% 417,000 5% 7.993
15 Year Fixed Rate Conforming 6.375% 0 417,000 5% 7.098
10 Year Fixed Rate (Conforming) 0 417,000 5%
JUMBO LOANS minimum FICO SCORE 680 $417,000 to 729750
30 Year Fixed Rate 6.75% 0 5% 7.375%
15 Year Fixed Rate % 0 5%
NOT SO PERFECT CREDIT
BANKRUPTCY HOME LOAN RATE CALL
GCC LOAN

$995.00 GUARANTEE CLOSING COSTS

Our GCC LOAN is one in which, we the lender pays all non-recurring closing costs for borrower. Borrower is still responsible to pay all pre-paid interest, property taxes, and hazard insurance as well as all other recurring items. Minimum loan amount for the "GCC LOAN" is $150,000. Minimum credit score is 660. Any payments required by your old lender.  Closing Costs assume that borrower will escrow monthly property tax and insurance payments.

GCC LOAN

minimum FICO SCORE 640

Rate Points Loan Amt Down APR*
30 Year Fixed Rate Conforming CALL 0 417,000 %
15 Year Fixed Rate (Conforming) CALL 0 417,000 %