Home Loan Rate Disclosure Assumptions

Rates Effective November 23, 2020

The Annual Percentage Rates (APRs) for the 30-year fixed and 15-year fixed loans are calculated based on a purchase of a single family, owner occupied residence with a down payment of 20%, a loan amount of $200,000 and a 740 FICO credit score.

 The Annual Percentage Rates (APRs) for the 30-year jumbo fixed and 15-year jumbo fixed loans are calculated based on a purchase of a single family, owner occupied residence with a down payment of 20%, a loan amount of $600,000 and a 740 FICO credit score.

 The APR includes the approximate cost of prepaid finance charges, including 15 days of prepaid interest, a $999 origination fee, and any applicable points associated with the interest rate.  Actual APRs for individual loans may differ.

 All loan applications are subject to credit and property approval.

Certain loan products may require an escrow account for property taxes and insurance which will be added to the monthly payment amount.

 These mortgage rates are based upon a variety of assumptions and conditions, some of which may include a credit score of 740  or higher.  Your loan’s interest rate will depend on specific characteristics of your transaction and your credit profile up to the time of closing.

 Adjustable Rate Mortgage (ARM) interest rates and payments are subject to change during the loan term.  That change can increase or decrease your monthly payment.

 If your down payment or equity is less than 20% mortgage insurance may be required, which will increase the monthly payment and APR.

 Assumes no other loans or liens on subject property.

 Property and/or flood hazzard insurance may be required.

 Maximum loan limits may apply.

 Additional rates and programs are available.

 Interest rates and APRs are subject to change without notice.