Mike’s Real Estate Show

Rates as of 4/20/07

Conforming  fully amortized  interest only
30 year fixed  6.25 %    6.375%
3/1 ARM  6.00%    6.25%
5/1 ARM  6.125%   6.25%
7/1 ARM  6.00%    6.375%
10/1 ARM  6.125%   6.375%

   fully amortized  interest only
JUMBO – up to $650,000; add .25 point for loans up to $1mil
30 year fixed  6.5%    6.75%
3/1 ARM  6.375%   6.375%
5/1 ARM  6.375%   6.375%
7/1 ARM  6.375%   6.375%
10/1 ARM  6.50%    6.50%

100% financing: Mortgage Insurance may also be an option – here are some possibilities without MI.

30 year fixed – 80/20 - Conforming loan amount on the first 6.50% 1st / 9.875% 2nd – assumes 680 credit score and full document loan for 2nd pricing – better score, better pricing on the 2nd
30 year fixed – 75/25 – Conforming loan amount on the first 6.25% 1st / 9.875% 2nd – assumes 680 credit score and full document loan for 2nd pricing – better score, better pricing on the 2nd
Call for information on Blended rate 100% options with No MI.

Other loan options… I can provide additional loan options, including Option ARMS, the Flexible Hybrid ARMS, Commercial loans, Home Ownership Accelerator Program, Construction Loans and much more!

Here’s the fine print:
Conforming limit is $417,000.00.  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 refinances may incur higher rates.  Rates quoted with a 30 day lock.  Subject to qualifying borrowers and properties.  Rates quoted for fully documented loans.  Rates are as of 4/20/07 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