Mortgage Rate

Rates are Current as of 07/28/2010  
FIXED RATE MORTGAGES
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 Discount Points APR Monthly Payments*
30 Years 4.375% 0.750 4.451% $998.58
15 Years 3.750% 1.125 3.857% $1,454.45
PORTFOLIO PROGRAMS
Flexible underwriting to meet your special borrowing needs.
Portfolio Programs
Loan Type Interest Rate Discount Points APR Monthly Payments*
6 Month T-Bill 4.375% 0.000 4.419% $998.58
3/1 Intermediate ARM (CA31T/JA31T) 4.5% 0.000 4.544% $1,013.38
5/1 Intermediate ARM (CA51T/JA51T) 6.375% 0.000 6.449% $1,247.74
7/1 Intermediate ARM (CA71T/JA71T) 6.75% 0.000 6.829% $1,297.20
MULTI-FAMILY PROPERTIES
Local decision making, flexible underwriting and streamlined processing make multi-family lending easy.
Portfolio Programs
Loan Type Interest Rate Discount Points Monthly Payments*
6 Month T-Bill 4.50% 0.000 $2,026.75
3/1 Intermediate Arm 5.50% 1.000 $2,271.16
5/1 Intermediate Arm 6.50% 1.000 $2,528.28
15 Year Fixed 8.50% 0.500 $3,075.66
 
* 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:
  The property is a single family used as your primary residence, except for the multi-family product which assumes a non-owner occupied residence.
  The property is located in California.
  The down payment towards the property is 25%.
  Income and assets are documented and are sufficient to qualify.
  There will be no subordinate financing behind the newly created 1st Mortgage.
  Rate and points are based on a 30 day lock period.
  Credit subject to East West Bank approval.