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Financing
You find the just-right house.
We'll find the just-right financing.
FM Lending Rates* as of December 1, 2010
| Loan Program |
Conforming |
Jumbo |
FHA/VA |
| 30 Year Fixed |
4.500% |
5.125% |
4.375% |
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| 15 Year Fixed |
3.875% |
4.875% |
4.000% |
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| 7/1 ARM |
3.500% |
4.125% |
N/A |
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| 5/1 ARM |
2.875% |
2.875% |
3.375% |
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| USDA 100% |
N/A |
N/A |
4.625% |
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NC Housing Authority (1st time homebuyers only)
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| DAP Avail.** |
FHA w/ $8k DAP |
FHA w/ $4k DAP |
| 90 Day Lock |
4.950% |
5.250% |
** DAP is available with up to $8000 in Down Payment Assistance, income restrictions apply.
Max. sales price is $220k new, and $210k existing. $210k Max with DAP.
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Why New Home Lending?
- We work exclusively with new homes.
- 24 hour loan approval on most loans.
- Rates and fees are among the lowest in the market.
- Local processing and closing.
- Loan applications may be taken at the neighborhood or
the most convenient place for you.
- Extensive lending experience enables us to handle your
important purchase transaction in a knowledgeable and
professional manner.
- Committed to providing personalized service to each
borrower, Realtor or builder.
- Analyzes the borrower's financial situation and finds the
loan program best suited to your needs.
- Provides quick and easy loan approvals by using our
exclusive XP2005™ approval system.
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*All rates are subject to change without notice and are subject to credit approval.
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