Mortgage Rate
|
| Rates are Current as of 09/03/2010 |
|
|
|
|
|
| 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 |
4.125% |
1.250 |
4.199% |
$969.30 |
| 15 Years |
3.500% |
1.375 |
3.604% |
$1,429.77 |
|
|
|
| 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) |
4.625% |
0.000 |
4.670% |
$1,028.28 |
| 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 |
4.25% |
0.000 |
$1,967.76 |
| 3/1 Intermediate Arm |
5.25% |
1.000 |
$2,208.82 |
| 5/1 Intermediate Arm |
6.25% |
1.000 |
$2,462.87 |
| 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. |
|
|
