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Interest Rates Drop to All Time Low
Interest Rates have dropped to an all time low. Whether or
not you qualify for an FHA (government backed loan) a
Conventional Loan or a Loan Modification you should be
able to access these all time low interest rates,
regardless of your situation..
Below you will see the type of interest rates that are
available for the following loan amounts:
150k, 350k, 420k, 700k and 1 million.
The loan programs shown are for the most popular types of
loans:
5 year arm, 7 year arm, 10 year arm
10 year fixed, 15 year fixed, 30 year fixed and FHA 30
year fixed
Please take your time reviewing this information.
If you have any questions about your personal situation
and what you may qualify for, please contact us.
1) 150K loan amount (best case
scenario 5/1, 7/1, 10/1, 10 yr, 15 yr, 30 yr and FHA)
5/1 arm –3.5%
7/1 arm – 3.875%
10/1 arm – 4.25%
10 year fixed - 4.25%
15 year fixed- 4.25%
30 year fixed - 4.625%
FHA 30 year fixed – 4.75%
30 year fixed Interest only - 5.5%
2) 350K loan amount
(best case scenario 5/1, 7/1, 10/1, 10 yr, 15 yr, 30 yr
and FHA)
5/1 arm –3.5%
7/1 arm – 3.875%
10/1 arm – 4.25%
10 year fixed - 4.25%
15 year fixed- 4.25%
30 year fixed - 4.625%
FHA 30 year fixed – 4.75%
30 year fixed Interest only - 5.5%
3) 420k loan amount (best case
scenario 5/1, 7/1, 10/1, 15 yr, 30 yr and FHA)
5/1 arm – 3.875%
7/1 arm – 4.25%
10/1 arm – 4.625%
15 year fixed - 4.375%
30 year fixed - 4.875%
FHA 30 year fixed – 4.875%
4) 700k loan amount
(best case scenario 5/1, 7/1, 10/1, 15 yr, 30 yr and
FHA)
5/1 arm – 4.125%
7/1 arm – 4.25%
10/1 arm – 4.625%
15 year fixed - 4.375%
30 year fixed - 4.875%
FHA 30 year fixed - 5%
5) 1m loan amount (best
case scenario 3/1, 5/1, 7/1, 15 yr and 30 yr)
3/1 arm - 4.875%
5/1 arm - 5%
7/1 arm - 5.375%
15 year fixed - 5.5%
30 year fixed - 6 %
To learn more
about the potential interest rates and results for those
that qualify for a loan modification click on the link
below:
Loan Modification Results |
