ASSUMPTIONS FOR RATES SHOWN

Detached single family home, owner-occupied primary residence with:

* loan-to-value ratio (LTV) and combined loan-to-value (CLTV) ratio of less than 80%

* minimum FICO score of 720

* debt to income less than 40%

* full income/assets documentation

* no subordinate financing.

* no cash-out refinance or purchase

Note Rate and Annual Percentage Rate (APR) are based on loan amount of $414,000 for conforming loan, $700,000 for jumbo loans for 30D lock. APR also assumes 0 days of prepaid interests.  More than 30D (ie. 45D, 60D) locks are available at additional cost.

The monthly payment calculation includes only principle and interest (interest only if selecting an interest-only program at additional cost). The calculation does not include property taxes, private mortgage insurance, hazard insurance (home insurance), and homeowner’s association dues.

Rates may be higher for loan amounts under $150,000 and over $700,000. Please call for details.

Escrow/impound of property taxes and home insurance may be required. Escrow waiver available at additional cost.

Rates are subject to change without notice due to market conditions. Call for current rates.

Calculated est. closing costs do not include prepaid interests on new loan, local/state tax stamps, mortgage tax, intangible tax, outstanding tax, home insurance premium, private mortgage insurance, homeowner’s association dues, certifications/verifications, charges associated with loan payoff, and rate lock fees.

Rates are subject to underwriting approval. Not all applicants will qualify.

Geographic restrictions may apply. Other terms and conditions apply.