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  • RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. 
    PLEASE CONTACT OUR MORTGAGE ORIGINATOR
    JENNIFER IVES-GROEBL  For current rate quotes
    (860) 567-9401 Ext. 306 or (860) 482-9707
  • EMAIL: Jennifer Ives-Groebl
    Evening interviews by appointment
    RESIDENTIAL MORTGAGE PROGRAMS
  •  
    As of July 1, 2008
    FIXED RATE MORTGAGES  -  MAXIMUM AMOUNT $417,000
    Rate Points Annual Percentage Rate (APR) Payment Per $1,000 Borrowed
    30 Year 6.000% 2.0 6.191% $6.00
    6.375% 0.0 6.377% $6.24
    20 Year 5.875% 2.0 6.127% $7.09
    6.250% 0.0 6.252% $7.31
    15 Year 5.625% 2.0 5.940% $8.24
    6.000% 0.0 6.002% $8.44
    80.01% TO 90% LOAN TO VALUE (LTV) AVAILABLE; PRIVATE MORTGAGE INSURANCE (PMI) REQUIRED
    ADJUSTABLE RATE MORTGAGES (A.R.M.) -  MAXIMUM AMOUNT $750,000
    Rate Points APR Caps Margin Payment Per $1,000 Borrowed
    1/4 Caps 4.500% 2.0 5.364% 1/4 2.750% $5.07
      4.750% 0.0 5.207% 1/4 2.750% $5.22
    1 Year ARM 4.250% 2.0 5.341% 2/6 2.750% $4.92
      4.500% 0.0 5.185% 2/6 2.750% $5.07
    3 Year Arm 4.625% 2.0 5.277% 2/6 2.750% $5.14
      5.125% 0.0 5.221% 2/6 2.750% $5.44
    5 Year ARM 5.375% 2.0 5.481% 2/6 2.750% $5.60
      5.625% 0.0 5.395% 2/6 2.750% $5.76
    7 Year ARM 5.500% 2.0 5.560% 2/6 2.750% $5.68
      5.750% 0.0 5.503% 2/6 2.750% $5.84
    10 Year ARM 5.625% 2.0 5.680% 2/6 2.750% $5.76
      5.875% 0.0 5.658% 2/6 2.750% $5.92
    SLIGHTLY HIGHER MARGINS APPLY TO JUMBOS
    ($359,650 - $750,000 + .25; $750,001 AND OVER + .50)
    MAXIMUM LOAN TO VALUE 90%; 80.01% - 90% LTV, PMI REQUIRED     MAXIMUM TERM - 30 YEARS
    YOUR APR MAY INCREASE AFTER CONSUMMATION.
    FIRST TIME HOME BUYERS (APPLICATION FEE - $300)  -  MAXIMUM AMOUNT $260,000
      Rate Points APR Caps Margin Payment Per $1,000 Borrowed
    5 Year ARM 5.250% 0.0 5.251% 2/6 2.750% $5.52
    95% LOAN TO VALUE RATE AVAILABLE - PMI REQUIRED. THIS IS A FIXED RATE FOR 5 YEARS; THEN BECOMES A 1 YEAR ARM.
    YOUR APR MAY INCREASE AFTER CONSUMMATION.
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