FHA Loan Limits Increased!
FHA has just announced an increase in the FHA loan limit to $410,000
in the 6 county area of Chicago.
Daily Special: 5/1 ARM
We are offering a rate of 5.25% with NO closing costs on a 5/1 ARM on
loan amounts from $250,000 - $1,500,000. Please call for more details.
Please note:
Rates can change at any time due to market volatility. Please call us
at 630-627-9580 or toll-free at 1-888-879-9800 for an exact quote.
Conforming Rates for Friday, March 7th, 2008
|
Loan Program |
Interest Rate/Points |
A.P.R. |
|
30 Year Fixed Conv. |
6.25%/ 0 Points |
6.29% |
|
15 Year Fixed Conv. |
5.625%/ 0 Points |
5.665% |
|
30 Year JUMBO |
7.25%/ 0 Points |
7.29% |
|
100% Financing |
6.625%/ 0 Points |
6.665% |
FHA/VA Rates for Friday, March 7th, 2008
|
30 Year Fixed |
6.25%/ 0 Points |
6.75% |
|
15 Year Fixed |
6.00%/ 0 Points |
6.50% |
|
1 Year ARM |
Call for pricing |
|
Call today for other programs - 630-627-9580 - or apply on - line and
we will get back to you within 2 hours! All rates shown are for 0
points and 0 origination or discount points.
Rates are base on a 30 day lock period and a loan amount of $180,000.
Please ask about escrow waivers. Call us for longer lock periods and
higher/lower loan amounts. Minimum credit score of 620 for
Conventional loan programs required for above rates.
Loan Officer Licensing
All of our loan officers are licensed by the State of Ilinois. Are
you aware that loan officers working for Federally Chartered banks
and State Banks do not have to be? Make sure you are dealing with a
professional. Our loan officers must pass a state exam, go through a
general background check and an FBI fingerprint check! In addition,
they must complete 6 hours of continuing education a year. How can
you tell if the loan officer you are dealing with is licensed? Ask
them for their number or ask to see a copy of their license if you
meet them in person.
