Mortgage Rates
Product |
Term |
Amount |
Rate |
Annual |
Points |
Orig |
Payment |
FIXED CONVENTIONAL1 |
30 YEAR |
$30,000 - $417,000 |
5.000 |
5.087 |
0.000 |
0.000 |
$5.37 |
FIXED CONVENTIONAL1 |
25 YEAR |
$30,000 - $417,000 |
5.000 |
5.099 |
0.000 |
0.000 |
$5.85 |
FIXED CONVENTIONAL1 |
20 YEAR |
$30,000 - $417,000 |
4.875 |
4.991 |
0.000 |
0.000 |
$6.53 |
FIXED CONVENTIONAL1 |
15 YEAR |
$30,000 - $417,000 |
4.375 |
4.515 |
0.000 |
0.000 |
$7.59 |
FIXED FHA2 |
30 YEAR |
$30,000 - $410,000 |
5.000 |
5.588 |
0.000 |
0.000 |
$5.37 |
FIXED JUMBO1 |
30 YEAR |
$417,001 - $650,000 |
6.500 |
6.524 |
0.000 |
0.000 |
$6.32 |
FIXED JUMBO1 |
15 YEAR |
$417,001 - $650,000 |
5.875 |
5.915 |
0.000 |
0.000 |
$8.37 |
FIXED PORTFOLIO |
30 YEAR |
$30,000 - $417,000 |
5.000 |
5.064 |
0.000 |
0.000 |
$5.37 |
FIXED PORTFOLIO |
20 YEAR |
$30,000 - $417,000 |
4.875 |
4.962 |
0.000 |
0.000 |
$6.53 |
FIXED PORTFOLIO |
15 YEAR |
$30,000 - $417,000 |
4.375 |
4.488 |
0.000 |
0.000 |
$7.59 |
FIXED V.A4 |
30 YEAR |
$30,000 - $410,000 |
5.000 |
5.315 |
0.000 |
0.000 |
$5.37 |
ARM CONVENTIONAL1,3 |
7/1 YEAR |
$30,000 - $417,000 |
4.250 |
3.718 |
0.000 |
0.000 |
$4.92 |
ARM CONVENTIONAL1,3 |
5/1 YEAR |
$30,000 - $417,000 |
3.875 |
3.450 |
0.000 |
0.000 |
$4.70 |
ARM CONVENTIONAL1,3 |
3/1 YEAR |
$30,000 - $417,000 |
3.875 |
3.353 |
0.000 |
0.000 |
$4.70 |
ARM JUMBO PORTFOLIO1,3 |
5/1 YEAR |
$417,001 - $1,000,000 |
6.000 |
4.339 |
0.000 |
0.000 |
$6.00 |
ARM JUMBO PORTFOLIO1,3 |
3/1 YEAR |
$417,001 - $1,000,000 |
6.000 |
3.967 |
0.000 |
0.000 |
$6.00 |
ARM NON FAB JUMBO1,3 |
5/1 YEAR |
$417,001 - $650,000 |
5.000 |
3.825 |
0.000 |
0.000 |
$5.37 |
ARM PORTFOLIO3 |
5/1 YEAR |
$30,000 - $417,000 |
6.000 |
4.382 |
0.000 |
0.000 |
$6.00 |
ARM PORTFOLIO3 |
3/1 YEAR |
$30,000 - $417,000 |
6.000 |
4.008 |
0.000 |
0.000 |
$6.00 |
Rates are subject to change without notice at any time. Quoted rates can be locked for 30 days and are based on the purchase/refinance of a single
family home to be used as a primary residence. Rates and terms are not guaranteed until application is completed and rate is locked by a
First American Bank mortgage loan representative. Rates and programs are subject to limitations. Call for program availability.
All programs are fully amortized loans that require monthly payments of principal, interest, and any required escrow payments for the
term of the loan. The exact monthly payment of a loan will vary depending on the term of the loan, the loan amount and the
Annual Percentage Rate (APR) at the time of loan approval. Available loan amounts range from $30,000 to $417,000. Your exact monthly
payment will vary depending on the term of the loan, the amount of the loan, and the APR at the time of approval. Please call for rate
information on loan amounts not shown in the table.
1 Conventional loan APRs are based on a loan amount of $175,000. We assume a 40% down payment with no
Private Mortgage Insurance (PMI) and based on payment for the full term. Down payments as low as 5% are available at the same sample interest
rates. APRs will vary due to the cost of Private Mortgage Insurance.
2 FHA loan APRs are based on a loan amount of $175,000 amortized 30 years in each tier and assume a
minimum down payment of 3.50%. APRs will vary due to the cost of Monthly Mortgage Insurance and Upfront Mortgage Insurance.
3 The APR on adjustable rate mortgage (ARM) loans are based on a loan amount of $175,000 amortized for 30 years.
The APRs shown are for the initial period and may increase after closing due to the movements of the interest rate index during the rate
adjustment periods. Call for information regarding rate adjustment caps and margins.
4 VA loan APRs are based on a loan amount of $175,000 amortized for 30 years and assume a minimum down payment of 0%.
Subject to credit approval. Member FDIC
