TODAY'S RATES AND POINTS
TODAY'S RATES AND POINTS
GUARANTEED CLOSING COSTS, INTEREST RATE AND POINTS ARE DELIVERED TO YOU AT CLOSING IF THE INTEREST RATE WAS LOCKED IN AND YOUR LOAN FUNDS BY THE LOCK EXPIRATION DATE. A RATE LOCK DOES NOT GUARANTEE LOAN APPROVAL OR LOAN CLOSING. DUE TO U.S. TREASURY SECURITIES MARKETS, RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE. APPLYING FOR A MORTGAGE LOAN OR LOCKING IN AN INTEREST RATE DOES NOT COMMIT YOU TO CLOSE YOUR LOAN. TO LOCK IN A RATE PLEASE CALL TOLL FREE 877-981-5626.
EFFECTIVE APRIL 1, 2011 THE FEDERAL RESERVE BOARD HAS AMENDED REGULATION Z, THE IMPLEMENTING REGULATION FOR THE TRUTH IN LENDING ACT (TILA), REGARDING LOAN ORIGINATION COMPENSATION AS THE FINAL RULE. THIS REGULATES MORTGAGE LOAN COMPENSATION AS EITHER (1) BORROWER PAID OR (2) LENDER PAID, NOT BOTH. PLEASE CLICK HERE TO REVIEW (1) BORROWER-PAID COMPENSATION OR (2) LENDER PAID OR YIELD SPREAD CREDIT REBATE COMPENSATION.
Federal Rules are specifically designed to force the Borrower into a lower note % interest rate, provided if the Lender Paid Net Rebate $ Credit exceeds a combination of: (1) Non-Recurring Closing Costs plus (2) Accrued Interest on the proposed loan plus (3) Home Owners Insurance Renewal Premiums due, if any, plus (4) 1st or 2nd Half Property Tax installment(s) due, if any, PLUS (5) IMPOUND DEPOSITS, IF ANY, as applicable. If the Lender Paid Net Rebate $ Credit exceeds items 1-5 above then the Borrower must take a lower note % interest rate with a lesser rebate. PLEASE CALL FOR CLARIFICATION.
IT IS VERY IMPORTANT TO UNDERSTAND THAT POINTS AND REBATE CREDIT POINTS, IF ANY, ARE DIRECTLY LINKED TO A SPECIFIC INTEREST NOTE RATE % AND ARE EXPRESSED AS A TOTAL IN THE NET POINTS COLUMN. THE COMBINATION OF POINTS AND ANY REBATE CREDIT POINTS SHOULD BE CONSIDERED BY YOU IN CLOSING YOUR LOAN.
Last update: 2012-02-06 12:49:28 EST
UNLESS STATED 30 DAY RATE LOCKS ARE POSTED. TO LOCK IN A RATE PLEASE CALL TOLL FREE 877-981-5626 TO MAKE ARRANGEMENTS TO DELIVER YOUR COMPLETE LOAN APPLICATION PACKAGE. PROGRAMS, RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE. SEE GUARANTEED CLOSING COSTS. NON-RECURRING COSTS = NET REBATE CREDIT % POINTS X NEW LOAN AMOUNT VERSUS CLOSING COSTS. THE INTEREST RATE, NET POINTS AND/OR REBATES ARE GUARANTEED IF YOUR LOAN IS LOCKED IN AND YOUR LOAN FUNDS BY THE LOCK EXPIRATION DATE. BROKER COMPENSATION IS NOT BASED ON THE INTEREST RATE IN LENDER PAID TRANSACTIONS. PLEASE REVIEW OTHER DETAILS BELOW.
DISCLOSURE OF IMPORTANT LOAN TERMS
UNLESS STATED 30 DAY RATE LOCKS ARE POSTED. TO LOCK IN A RATE PLEASE CALL TOLL FREE 877-981-5626 TO MAKE ARRANGEMENTS TO DELIVER YOUR COMPLETE LOAN APPLICATION PACKAGE. PROGRAMS, RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE. SEE GUARANTEED CLOSING COSTS. NON-RECURRING COSTS = NET REBATE CREDIT % POINTS X NEW LOAN AMOUNT VERSUS CLOSING COSTS. THE INTEREST RATE, NET POINTS AND/OR REBATES ARE GUARANTEED IF YOUR LOAN IS LOCKED IN AND YOUR LOAN FUNDS BY THE LOCK EXPIRATION DATE. BROKER COMPENSATION IS NOT BASED ON THE INTEREST RATE IN LENDER PAID TRANSACTIONS. PLEASE REVIEW OTHER DETAILS BELOW.
| Conforming Loan Programs |
| MAXIMUM $417,000 SINGLE FAMILY RESIDENCE. FULL INCOME AND ASSET DOCUMENTATION. MINIMUM 620 FICO SCORE. PLEASE CALL US FOR PRICING ON 2-4 UNITS, HI-RISE CONDOMINUMS AND NON-OWNER OCCUPIED INVESTMENT PROPERTIES. If you don't find the rate you're looking for, CLICK HERE to let us know what rate you want! |
| PROGRAM | NOTE RATE % | POINTS | REBATE CREDIT POINTS | NET POINTS | APR % | LOCK DAYS |
| CONFORMING 30 YEAR FIXED NO PREPAYMENT PENALTY. NO IMPOUNDS. FULL IMPOUNDS -0.25 NET POINTS. LOCK AVAILABLE AT SUBMISSION. <700 FICO SCORE AND/OR >60% LTV PRICING ADD ON ADJUSTMENTS APPLY. REBATE CREDIT POINTS PAID AT CLOSING IN ESCROW. |
||||||
| 3.750 | 1.000 | -2.125 | -1.125 | 3.750 | 30 | |
| 3.625 | 1.000 | -1.375 | -0.375 | 3.699 | 30 | |
| 3.500 | 1.000 | -0.625 | 0.375 | 3.631 | 30 | |
| 3.375 | 1.250 | 0.000 | 1.250 | 3.543 | 30 | |
| CONFORMING 20 YEAR FIXED NO PREPAYMENT PENALTY. NO IMPOUNDS. FULL IMPOUNDS -0.25 NET POINTS. LOCK AVAILABLE AT SUBMISSION. <700 FICO SCORE AND/OR >60% LTV PRICING ADD ON ADJUSTMENTS APPLY. REBATE CREDIT POINTS PAID AT CLOSING IN ESCROW. |
||||||
| 3.625 | 1.000 | -1.875 | -0.875 | 3.625 | 30 | |
| 3.500 | 1.000 | -1.125 | -0.125 | 3.588 | 30 | |
| 3.375 | 1.000 | -0.250 | 0.750 | 3.499 | 30 | |
| 3.250 | 1.625 | 0.000 | 1.625 | 3.335 | 30 | |
| CONFORMING 15 YEAR FIXED NO PREPAYMENT PENALTY. NO IMPOUNDS. LOCK AVAILABLE AT SUBMISSION. <$250K +0.125 NET POINTS. <700 FICO SCORE, AND/OR >75% LTV PRICING ADD ON ADJUSTMENTS APPLY. REBATE CREDIT POINTS PAID AT CLOSING IN ESCROW. |
||||||
| 3.250 | 1.000 | -2.125 | -1.125 | 3.250 | 30 | |
| 3.125 | 1.000 | -1.375 | -0.375 | 3.174 | 30 | |
| 2.990 | 1.000 | -1.000 | 0.000 | 3.127 | 30 | |
| 2.875 | 1.000 | -0.375 | 0.625 | 2.985 | 30 | |
| CONFORMING 10 YEAR FIXED NO PREPAYMENT PENALTY. NO IMPOUNDS. LOCK AVAILABLE AT SUBMISSION. <$250K +0.125 NET POINTS. <700 FICO SCORE, AND/OR >60% LTV PRICING ADD ON ADJUSTMENTS APPLY. REBATE CREDIT POINTS PAID AT CLOSING IN ESCROW. |
||||||
| 3.125 | 1.000 | -2.375 | -1.375 | 3.125 | 30 | |
| 2.990 | 1.000 | -2.125 | -1.125 | 2.990 | 30 | |
| 2.875 | 1.000 | -1.500 | -0.500 | 2.875 | 30 | |
| 2.750 | 1.000 | -1.000 | 0.000 | 2.750 | 30 | |
| CONFORMING 7/1 LIBOR ARM NO PREPAYMENT PENALTY. NO IMPOUNDS. LOCK AVAILABLE AT SUBMISSION. <$250K +0.125 NET POINTS. LIBOR + 2.250% MARGIN; CAPS 5/2/5; CALL FOR 10 YEAR INTEREST ONLY OPTION. <700 FICO SCORE AND/OR >60% LTV PRICING ADD ON ADJUSTMENTS APPLY. REBATE CREDIT POINTS PAID AT CLOSING IN ESCROW. |
||||||
| 3.250 | 1.000 | -1.875 | -0.875 | 3.000 | 30 | |
| 3.125 | 1.000 | -1.500 | -0.500 | 3.000 | 30 | |
| 2.990 | 1.000 | -1.250 | -0.250 | 3.000 | 30 | |
| 2.875 | 1.000 | -1.000 | 0.000 | 3.000 | 30 | |
| CONFORMING 5/1 LIBOR ARM NO PREPAYMENT PENALTY. NO IMPOUNDS. FULL IMPOUNDS -0.25 NET POINTS. LOCK AVAILABLE AT SUBMISSION. LIBOR + 2.250% MARGIN; CAPS 5/2/5; CALL FOR 10 YEAR INTEREST ONLY OPTION. <700 FICO SCORE AND/OR >60% LTV PRICING ADD ON ADJUSTMENTS APPLY. REBATE CREDIT POINTS PAID AT CLOSING IN ESCROW. |
||||||
| 2.875 | 1.000 | -2.000 | -1.000 | 3.000 | 30 | |
| 2.750 | 1.000 | -1.750 | -0.750 | 3.000 | 30 | |
| 2.625 | 1.000 | -1.375 | -0.375 | 3.000 | 30 | |
| 2.500 | 1.000 | -1.125 | -0.125 | 3.000 | 30 |
| High Balance Conforming Loan Programs |
| MAXIMUM $625,500 SINGLE FAMILY RESIDENCE. LOAN LIMITS MAY VARY BY COUNTY. FULL ASSET AND INCOME DOCUMENTATION. MINIMUM 700 FICO SCORE. PLEASE CALL FOR PRICING ON 2ND HOMES, NON-OWNER OCCUPIED INVESTMENT AND CONDOMINUMS. If you don't find the rate you're looking for, CLICK HERE to let us know what rate you want! |
| PROGRAM | NOTE RATE % | POINTS | REBATE CREDIT POINTS | NET POINTS | APR % | LOCK DAYS |
| HIGH BALANCE CONFORMING 30 YEAR FIXED NO PREPAYMENT PENALTY. NO IMPOUNDS. FULL IMPOUNDS -0.25 NET POINTS. LOCK AVAILABLE AT SUBMISSION. <700 FICO SCORE AND/OR >60% LTV LOAN AMOUNT PRICING ADD ON ADJUSTMENTS APPLY. 60.01-75% LTV +0.250 NET POINTS; 75.01-80% LTV +0.750 NET POINTS. +1.000 NET POINTS FOR CASH OUT. REBATE CREDIT POINTS PAID AT CLOSING IN ESCROW. |
||||||
| 3.875 | 1.000 | -2.000 | -1.000 | 3.875 | 30 | |
| 3.750 | 1.000 | -1.125 | -0.125 | 3.831 | 30 | |
| 3.625 | 1.000 | -0.375 | 0.625 | 3.724 | 30 | |
| 3.500 | 1.375 | 0.000 | 1.375 | 3.642 | 30 | |
| HIGH BALANCE CONFORMING 15 YEAR FIXED NO PREPAYMENT PENALTY. NO IMPOUNDS. LOCK AVAILABLE AT SUBMISSION. <700 FICO SCORE, AND/OR >60% LTV PRICING ADD ON ADJUSTMENTS APPLY. +1.000 NET POINTS FOR CASH OUT. REBATE CREDIT POINTS PAID AT CLOSING IN ESCROW. |
||||||
| 3.250 | 1.000 | -1.375 | -0.375 | 3.305 | 30 | |
| 3.125 | 1.000 | -1.000 | 0.000 | 3.220 | 30 | |
| 2.990 | 1.000 | -0.625 | 0.375 | 3.101 | 30 | |
| 2.875 | 1.000 | 0.000 | 1.000 | 3.022 | 30 | |
| HIGH BALANCE CONFORMING 5/1 LIBOR ARM NO PREPAYMENT PENALTY. NO IMPOUNDS. FULL IMPOUNDS -0.25 NET POINTS. LOCK AVAILABLE AT SUBMISSION. LIBOR + 2.250% MARGIN; CAPS 5/2/5; <700 FICO SCORE AND/OR >60% LTV PRICING ADD ON ADJUSTMENTS APPLY. ADD +1.000 NET POINTS FOR CASH OUT. REBATE CREDIT POINTS PAID AT CLOSING IN ESCROW. |
||||||
| 2.875 | 1.000 | -1.250 | -0.250 | 3.000 | 30 | |
| 2.750 | 1.000 | -1.000 | 0.000 | 3.000 | 30 | |
| 2.625 | 1.000 | -0.625 | 0.375 | 3.000 | 30 | |
| 2.500 | 1.000 | -0.375 | 0.625 | 3.000 | 30 | |
| HIGH BALANCE CONFORMING 7/1 LIBOR ARM NO PREPAYMENT PENALTY. NO IMPOUNDS. LOCK AVAILABLE AT SUBMISSION. LIBOR + 2.250% MARGIN; CAPS 5/2/5; <700 FICO SCORE AND/OR >60% LTV PRICING ADD ON ADJUSTMENTS APPLY. ADD +1.000 NET POINTS FOR CASH OUT. REBATE CREDIT POINTS PAID AT CLOSING IN ESCROW. |
||||||
| 3.125 | 1.000 | -1.125 | -0.125 | 3.125 | 30 | |
| 2.990 | 1.000 | -0.875 | 0.125 | 3.125 | 30 | |
| 2.875 | 1.000 | -0.625 | 0.375 | 3.125 | 30 | |
| 2.750 | 1.000 | -0.125 | 0.875 | 3.125 | 30 |
| Jumbo Loan Programs |
| MAXIMUM LOAN AMOUNT $3 MILLION. BASE FIXED RATE PRICING IS WITH 760 FICO SCORE. PLEASE CALL FOR QUOTES ON HIGHER LOAN AMOUNTS,LTV,DEBT TO INCOME RATIOS, FICO SCORES AND/OR OTHER FACTORS. If you don't find the rate you're looking for, CLICK HERE to let us know what rate you want! |
| PROGRAM | NOTE RATE % | POINTS | REBATE CREDIT POINTS | NET POINTS | APR % | LOCK DAYS |
| JUMBO 30 YEAR FIXED MAX LOAN $3 MILLION. PLEASE CALL FOR FICO <760, LTV >60% AND/OR CASH OUT PRICING ADD ON ADJUSTMENTS APPLY. NO PREPAYMENT PENALTY. NO IMPOUNDS. WITH FULL IMPOUNDS -0.25 NET POINTS. LOCK AVAILABLE AT SUBMISSION. REBATE CREDIT POINTS PAID AT CLOSING IN ESCROW. |
||||||
| 4.625 | 1.000 | -1.500 | -0.500 | 4.699 | 30 | |
| 4.500 | 1.000 | -0.750 | 0.250 | 4.599 | 30 | |
| 4.375 | 1.000 | -0.375 | 0.625 | 4.454 | 30 | |
| 4.250 | 1.375 | 0.000 | 1.375 | 4.379 | 30 | |
| JUMBO 15 YEAR FIXED MAX LOAN $3 MILLION. PLEASE CALL FOR FICO <760, LTV >60% AND/OR CASH OUT PRICING ADD ON ADJUSTMENTS APPLY. NO PREPAYMENT PENALTY. NO IMPOUNDS. WITH FULL IMPOUNDS -0.25 NET POINTS. LOCK AVAILABLE AT SUBMISSION. REBATE CREDIT POINTS PAID AT CLOSING IN ESCROW. |
||||||
| 4.000 | 1.000 | -1.125 | -0.125 | 4.090 | 30 | |
| 3.875 | 1.000 | -0.875 | 0.125 | 3.922 | 30 | |
| 3.750 | 1.000 | -0.500 | 0.500 | 3.871 | 30 | |
| 3.625 | 1.000 | 0.000 | 1.000 | 3.759 | 30 | |
| JUMBO 10/1 LIBOR ARM TO 90% LTV MAX LOAN $2 MILLION. PLEASE CALL FOR A DETAILED QUOTE AS PRICING ADD ON OR DISCOUNTS MAY APPLY. NO PREPAYMENT PENALTY. NO IMPOUNDS. 1 YEAR LIBOR + 2.250% MARGIN; CAPS 5/2/5; LOCK AVAILABLE AT SUBMISSION. REBATE CREDIT POINTS PAID AT CLOSING IN ESCROW. |
||||||
| 4.125 | 1.000 | -1.000 | 0.000 | 4.125 | 40 | |
| 4.000 | 1.000 | -0.875 | 0.125 | 4.000 | 40 | |
| 3.875 | 1.000 | -0.625 | 0.375 | 3.875 | 40 | |
| 3.750 | 1.000 | -0.375 | 0.625 | 3.750 | 40 | |
| JUMBO 7/1 LIBOR ARM MAXIMUM LOAN $3 MILLION. NO PREPAYMENT PENALTY. NO IMPOUNDS. 1 YEAR LIBOR + 2.250% MARGIN; CAPS 5/2/5; MIN 700 FICO SCORE, LOCK AVAILABLE AT SUBMISSION. REBATE CREDIT POINTS PAID AT CLOSING IN ESCROW. |
||||||
| 3.750 | 1.000 | -0.500 | 0.500 | 3.750 | 30 | |
| 3.625 | 1.000 | -0.375 | 0.625 | 3.625 | 30 | |
| 3.500 | 1.000 | -0.125 | 0.875 | 3.500 | 30 | |
| 3.375 | 1.250 | 0 | 1.250 | 3.375 | 30 | |
| JUMBO 5/1 LIBOR ARM MAXIMUM LOAN $3 MILLION. NO PREPAYMENT PENALTY. NO IMPOUNDS. 1 YEAR LIBOR + 2.250% MARGIN; CAPS 5/2/5; MIN 700 FICO SCORE, LOCK AVAILABLE AT SUBMISSION. REBATE CREDIT POINTS PAID AT CLOSING IN ESCROW. |
||||||
| 3.375 | 1.000 | -1.000 | 0.000 | 3.375 | 30 | |
| 3.250 | 1.000 | -0.750 | 0.250 | 3.250 | 30 | |
| 3.125 | 1.000 | -0.375 | 0.625 | 3.125 | 30 | |
| 3.000 | 1.000 | 0.000 | 1.000 | 3.000 | 30 |
| Other Loan Programs |
| $417,000 30 YEAR FIXED CONFORMING REBATE CREDIT PROGRAM If you don't find the rate you're looking for, CLICK HERE to let us know what rate you want! |
| PROGRAM | NOTE RATE % | POINTS | REBATE CREDIT POINTS | NET POINTS | APR % | LOCK DAYS |
| CONFORMING 30 YEAR FIXED REBATE NO PREPAYMENT PENALTY. NO IMPOUNDS. FULL IMPOUNDS -0.25 NET POINTS. LOCK AVAILABLE AT SUBMISSION. <740 FICO SCORE, >60% LTV AND/OR LOAN AMOUNT PRICE ADD ON ADJUSTMENTS APPLY. REBATE CREDIT POINTS PAID AT CLOSING IN ESCROW. |
||||||
| 4.000 | 1.000 | -3.125 | -2.125 | 4.000 | 30 | |
| 3.875 | 1.000 | -3.000 | -2.000 | 3.875 | 30 | |
DISCLOSURE OF IMPORTANT LOAN TERMS
APR%, Note Rate% and Net Point% quotes are typically calculated based on a Conforming loan amount of $350,000 and a High-Balance Conforming loan amount of $500,000. Pricing terms can vary due to LTV, FICO score, debt to income ratios and/or other underwriting factors. APR% factors often differ due to the compilation of closing costs used to compute a respective APR%. You should pay particular attention to the Note Rate% and the Non-Recurring costs that you may have to pay to close your specific loan, plus Net Points or less Rebate Credit Points, if any. The above program quotes are typically base priced at 60% LTV, 720 FICO score with full asset and income documentation. Please see notes in each program box. Programs are subject to change without notice. Errors & Omissions Excepted. Call 877-981-5626 to clarify quotes for lower FICO scores, higher LTV's and/or other factors that may affect your particular circumstances.
Interest Rates can change without prior notice. Ask us for current rate information. Borrowers and properties must qualify for all loan programs. Conditions and restrictions may apply.
Interest Rates can change without prior notice. Ask us for current rate information. Borrowers and properties must qualify for all loan programs. Conditions and restrictions may apply.
Home | Rates & Loan Term Disclosure | About Us | Contact Us
Terms & Disclaimer | Privacy Policy | Platinum Properties | LFLS SEO & SEM Icons
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.
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.
