Mortgage Rate
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| Rates are Current as of 03/09/2010 |
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| The security of fixed payments over the life of the loan. Conforming loan types. |
Conforming
( Loan Amounts to $417,000 and Providing Full Supporting Documentation ) |
| Loan Term |
Interest Rate |
Origination Fee |
APR |
Monthly Payments* |
| 30 Years |
5.000% |
0.875 |
5.088% |
$2,238.55 |
| 15 Years |
4.250% |
1.000 |
4.374% |
$3,137.00 |
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| PORTFOLIO PROGRAMS |
| Flexible underwriting to meet your special borrowing needs. |
Portfolio Programs
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| Loan Type |
Interest Rate |
Origination Fee |
APR |
Monthly Payments* |
| 6 Month T-Bill |
7.000% |
1.000 |
8.107% |
$2,774.31 |
| 3/1 Intermediate ARM (CA31T/JA31T) |
6.625% |
1.000 |
6.773% |
$2,670.10 |
| 5/1 Intermediate ARM (CA51T/JA51T) |
6.750% |
1.000 |
6.899% |
$2,704.65 |
| 7/1 Intermediate ARM (CA71T/JA71T) |
7.500% |
1.000 |
7.660% |
$2,915.72 |
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| MULTI-FAMILY PROPERTIES |
| Local decision making, flexible underwriting and streamlined processing make multi-family lending easy. |
Portfolio Programs
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| Loan Type |
Interest Rate |
Origination Fee |
Monthly Payments* |
| 6 Month T-Bill |
7.250% |
0.000 |
$2,728.71 |
| 3/1 Intermediate Arm |
7.250% |
1.000 |
$2,728.71 |
| 5/1 Intermediate Arm |
7.500% |
1.000 |
$2,796.86 |
| 15 Year Fixed |
9.250% |
0.500 |
$3,290.70 |
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| * Conforming and Portfolio examples are based on a loan amount of $200,000. Multi-Family examples are based on a loan amount of $400,000. Rates and payments on Adjustable and Intermediate Adjustable Rate Mortgages may increase after consummation based on a margin and current market indexes. All examples are based on the following conditions: |
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The property is a single family used as your primary residence, except for the multi-family product which assumes a non-owner occupied residence. |
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The property is located in California. |
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The down payment towards the property is 25%. |
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Income and assets are documented and are sufficient to qualify. |
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There will be no subordinate financing behind the newly created 1st Mortgage. |
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Rate and points are based on a 30 day lock period. |
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Credit subject to East West Bank approval. |
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