Interest Rates

New limited time changed in conforming loan limits as a March 14, 2008

We monitor the changing Rates for your benefit

We guarantee the lowest rates! Examples of rates are listed below: Residential loans under 417,000.00 are referred to as conforming, and over that amount are considered jumbo. Buildings with 2-4 units allow a higher loan amounts will still be considered conforming. The loan amount for a building with more than 4 units will be considered a commercial property.

This is just a sample of the types of loans available- we have all types of loan programs, including interest only loans.

Rates as of June 11, 2008


Residential Interest Rates
Loan TypeRate Points APR
Thirty year Fixed Conforming 6.5% 0 6.63
Fifteen year fixed 6.25 0 6.36%
Thirty year Fixed rate* 6.625% 0.00 6.681
Fifteen year fixed* 6.25 0.00 6.35%
Thirty year jumbo fixed 6.875% 1.00 6.89
Fifteen year jumbo fixed 6.625% 0.875 6.75
MTA Based loans 2.75% 0 6.1

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*The new loan $417,000- $729,750.00
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