|
DATE: JANUARY 6, 2008
|
Term |
Rate |
Fee |
Points |
APR |
|
3O YEAR - 95% 5.500 0.000 0.000 5.688 |
|
$75,000 AND ABOVE |
4.875 |
1.000 |
0.000 |
5.155 |
|
UNDER $75,000 > $50,000 |
4.875 |
1.000 |
0.000 |
5.155 |
|
UNDER $50,000 |
5.125 |
1.000 |
0.000 |
5.405 |
|
|
|
|
|
|
|
15 YEAR - 95% 5.125 0.000 0.000 5.228 |
|
$75,000 AND ABOVE |
4.750 |
1.000 |
0.000 |
5.004 |
|
UNDER $75,000 > $50,000 |
4.750 |
1.000 |
0.000 |
5.004 |
|
UNDER $50,000 |
4.875 |
1.000 |
0.000 |
5.129 |
|
|
|
|
|
|
|
ADJUSTABLE RATE |
|
1 YEAR |
|
|
|
|
|
5/1 ARM |
|
|
|
|
|
|
|
|
|
|
|
JUMBO RATES: LOANS GREATER THAN $417,000.00 |
|
30 YEAR - 90% |
9.625 |
1.000 |
0.000 |
9.784 |
|
15 YEAR - 90% |
|
|
|
|
|
5/1 ARM |
|
|
|
|
|
FHA FIXED RATES: |
|
30 YEAR |
4.875
|
1.000
|
0.000
|
5.351 |
|
15 YEAR |
5.000 |
1.000 |
0.00 |
5.946 |
|
1 YEAR ARM |
|
|
|
|
|
|
|
|
|
|
|
VA RATES: |
|
30 YEAR |
4.875 |
1.000 |
0.000 |
5.419 |
|
15 YEAR |
5.000 |
1.000 |
0.250 |
5.997 |
|
|
|
|
|
|
|
KENTUCKY HOUSING CORPORATION |
|
FHA |
5.625 |
1.000 |
1.000 |
6.329 |
| |
|
|
|
|
VA 5.625 1.000 1.000 6.291
CONV 5.750 1.000 1.000 6.120
Annual Percentage Rate
The APR calculation for conventional loans is based on an 80% Loan to Value, 1% Loan Origination Fee, and approximately $300.00 in underwriting and flood certification fees. For FHA & VA loans, the APR is based on the maximum allowable loan to value, 1% loan origination fee and approximately $16.00 in flood certification fees. The estimated closing date is the first day of the month. Unless specified otherwise the loan amount is
$100,000.00. |
