Mike’s Real Estate Show

Rates as of 1/19/07

   fully amortized  interest only
Conforming
30 year fixed  6.125%   6.375%
3/1 ARM  6.375%   6.625%
5/1 ARM  6.25%    6.375%
7/1 ARM  6.125%   6.375%
10/1 ARM  6.25%    6.625%

   fully amortized  interest only
JUMBO – up to $650,000; add .25 point for loans up to $1mil
30 year fixed  6.375%   6.5%
3/1 ARM  6.5%    6.625%
5/1 ARM  6.5%    6.625%
7/1 ARM  6.75%    6.875%
10/1 ARM  6.75%    6.875%

100% financing  1st           2nd
                       6.5%    10.625%
(30 year fixed first/fixed 2nd 30 due in 15; based on conforming limits for the 1st – up to 80% LTV; up to 100% CLTV for 2nd

Blend 100%  7.875% (NO Mortgage Insurance)

Here’s the fine print:
Rates assume impound account set up and except for 100% financing, assumes loan to value (LTV) no more than 80%.  Funds to be used for purchase.  Cash out refinance may incur higher rates.  Rats quoted with a 30 day lock.  Subject to qualifying borrowers and properties.  Assumes full doc loans.  Rates are as of 1/19/07 and are subject to change.
Rates are quoted WITHOUT points.  Borrowers may buy down the rate.  Each application is evaluated on an individual basis.  There may be better suited programs for borrowers the may offer better rates/terms as well as options for non-qualifying borrowers.

Alicia Hodenfield
Investors Trust Mortgage
(707) 284-2718 direct line
alicia@investorstrust.com
www.aliciahodenfield.com