Conforming Mortgage Rates for up to $500,000
Limited to the State of Maryland
|
| Type |
Term |
LTV |
Interest Rate |
Annual Percentage Rate |
Points |
Payment Per $1,000 |
| Fixed |
10 Years |
up to 95% |
3.75% |
3.961% |
0 |
$10.00 |
| Fixed |
10 Years |
up to 95% |
3.625% |
4.050% |
1 |
$9.94 |
| Fixed |
15 Years |
up to 95% |
3.875% |
4.023% |
0 |
$7.33 |
| Fixed |
15 Years |
up to 95% |
3.75% |
4.046% |
1 |
$7.27 |
| Fixed |
20 Years |
up to 95% |
4.25% |
4.371% |
0 |
$6.19 |
| Fixed |
20 Years |
up to 95% |
4.00% |
4.235% |
1 |
$6.05 |
| Fixed |
30 Years |
up to 95% |
4.50% |
4.590% |
0 |
$5.06 |
| Fixed |
30 Years |
up to 95% |
4.25% |
4.423% |
1 |
$4.91 |
| 3 Year Adjustable Rate Mortgage |
30 Years |
up to 95% |
3.00% |
2.975% |
0 |
$4.21 |
| 3 Year Adjustable Rate Mortgage |
30 Years |
up to 95% |
2.875% |
3.026% |
1 |
$4.14 |
| 5 Year Adjustable Rate Mortgage |
30 Years |
up to 95% |
3.125% |
3.606% |
0 |
$4.28 |
| 5 Year Adjustable Rate Mortgage |
30 Years |
up to 95% |
3.00% |
3.642% |
1 |
$4.21 |
| Construction Permanent Loan |
15 Years |
up to 80% |
4.00% |
4.309% |
1/2 |
$7.39 |
| Construction Permanent Loan |
15 Years |
up to 80% |
3.875% |
4.330% |
1 1/2 |
$7.33 |
| Construction Permanent Loan |
20 Years |
up to 80% |
4.375% |
4.625% |
1/2 |
$6.25 |
| Construction Permanent Loan |
20 Years |
up to 80% |
4.25% |
4.616% |
1 1/2 |
$6.19 |
| Construction Permanent Loan |
30 Years |
up to 80% |
4.625% |
4.813% |
1/2 |
$5.14 |
| Construction Permanent Loan |
30 Years |
up to 80% |
4.50% |
4.773% |
1 1/2 |
$5.06 |
Notes
|
| Homewood Federal offers Balloon Loans. Please call the office for details. |
| All rates based on owner-occupied dwelling only. |
| APR calculated on loans based at 80% LTV. |
| APR based on a loan balance of $100,001.00 for conforming loans and $500,001.00 for jumbo loans. |
| Home Equity Annual Percentage Rate (APR) is calculated on a loan balance of $100,000.00 |
| All Adjustable Rate Mortgages are amortized over 30 years. |
| For Adjustable Rate Mortgages there is a 2% cap per 3 or 5 years. |
| For Adjustable Rate Mortgages there is a 6% cap over lifetime of loan on a 3 or 5 year adjustable mortgage. |
| Payment amounts listed above for adjustable rate mortgages are initial payments for the first 3 or 5 year term. |
| Please note that the annual percentage rate can increase or decrease after the consummation of the loan for all Adjustable Rate Mortgages. |
| Fees for appraisal and credit report may be required at time of application. Fees may vary. |
| Property and flood insurance may be required. |
| Since taxes and insurance are not included in the payment amount above, your actual monthly obligation would be greater. |
| Private Mortgage Insurance (PMI) required on LTVs over 80%. |
| All loans subject to bank's normal underwriting standards. |
| Equal Housing Lender |
|
|
|
|
|
|
|
