EXAMPLES OF IMPORTANT LOAN TERMS
The following rate examples represent a range of Conforming and High Balance Conforming first mortgage loans. These rate examples are based on a minimum $350,000 loan amount. High Balance Conforming examples are based on a loan amount of $500,000. Rates are applicable to Owner-Cccupied first mortgage loans with a maximum 80% Loan-To-Value. Payment amounts do not include impounds for taxes,property insurance and/or PMI unless otherwise stated. The dollar amount of any Rebate Credit Points due will be a dollar credit towards the Borrower Non-Recurring Closing Costs which typically includes escrow, title, appraisal, delivery/courier, tax service, flood certification, recording, wire, notary, processing or document preparation, Lender underwriting and/or other fees. Borrower's typically must pay recurring charges such as accrued interest, taxes, insurance and PMI insurance, if applicable. Other fees such as demand pay off statement fees, reconveyance fees and Subordination fees may apply.
Interest Rates can change without prior notice. Call us for Current Rate and Program information. Borrowers and properties must qualify for all loans. Conditions and restrictions may apply.
| LOAN TYPE | RATE | APR | NET POINTS |
CONFORMING 30 Year Fixed 360 payments of $1,747.50 |
4.375% |
4.495% |
1.500 |
CONFORMING 20 Year Fixed 240 payments of $2,190.72 |
4.375% |
4.449% |
0.875 |
CONFORMING 15 Year Fixed 180 payments of $2,545.28 |
3.750% |
3.859% |
0.875 |
CONFORMING 10 Year Fixed 120 payments of $3,440.54 |
3.375% |
3.452% |
1.125 |
CONFORMING 7/1 LIBOR ARM, 84 payments of $1,475.61. 1/1 ARM THEREAFTER; 360 Month Amortization. APR is subject to increase or decrease after the initial fixed rate period expires. |
3.000% |
3.109% |
0.000 |
CONFORMING 5/1 LIBOR ARM 60 payments of $1,405.77. 1/1 ARM THEREAFTER; 360 Month Amortization. APR is subject to increase or decrease after the initial fixed rate period expires. |
2.625% |
2.728% |
0.250 |
HIGH BALANCE CONFORMING 30 Year Fixed 360 payments of $2,533.43 |
4.500% |
4.641% |
1.875 |
HIGH BALANCE CONFORMING 15 Year Fixed 180 payments of $3,667.20 |
3.875% |
3.978% |
1.125 |
HIGH BALANCE CONFORMING 5/1 LIBOR ARM 60 payments of $2,041.20. 1/1 ARM THEREAFTER; 360 Month Amortization. APR is subject to increase or decrease after the initial fixed rate period expires. |
2.750% |
2.853% |
0.250 |
Loans4Less: Toll Free (877) 981-LOAN | 210 Avenue I, Suite F, Redondo Beach, CA 90277-5921 Union Discount Mortgage, Inc. is licensed by the California Dept. of Real Estate, Real Estate Broker License Number 01166995. Nationwide Mortgage Licensing System (NMLS) Identification Number 235831. Union Discount Mortgage, Inc., a California Corporation DBA Loans4Less and Platinum Properties is a wholly owned subsidiary of Loans4Less.com, Inc. a Delaware Corporation & is hereby advertised as Loans4Less.com.
