Specialty & Unique Mortgage Rates

All rates effective Friday, January 15, 2010 12:00 AM

Loan Type Interest Rate Discount Points Origination Fee APR Payment Example
*Home Construction - Contractor Built 6% 0% 0.5% 12.7826%
*Home Construction- Self Build 6.75% 0% 0.75% 13.6416%
Lot Loan- 10 Year ARM 6% 0% 1% 6.2653%
Lot Loan- 10 Year Fixed 7.25% 0% 1% 7.5194%
Lot Loan- 20/5YR ARM Balloon 6.5% 0% 1% 6.8003%
Lot Loan- 20/5YR Balloon Fixed 7.75% 0% 1% 8.0541%
Lot Loan- 30/5YR ARM Balloon 6.75% 0% 1% 7.0289%
Lot Loan- 30/5YR Balloon Fixed 8% 0% 1% 8.2953%

*Construction loan origination fee reflects rebate given at long-term loan closing with America First Credit Union.

Interest rates and annual percentage rates (APR) listed are the lowest offered and are based on approved credit. Rates may be higher according to an applicant's credit history and additional underwriting factors. Ask your loan originator what qualifications apply. All rates are subject to change without notice.

APR calculations are based on a $100,000 loan with an 80 percent loan-to-value ratio and 20 percent down payment. Monthly payments on this model would be $763.51 for a 8.50% fixed rate, 30-year loan.

Adjustable APR may increase or decrease after loan consummation.

Some local loan servicing restrictions may apply. Please ask for details.