Industry Snapshot:                                                            05/13/2011

Current Rates:                     Conforming loan limits are higher in high cost areas.

Loan Program

Loan Amount

Interest Rate

 

APR

30 Year Fixed

30 Year Fixed

$417,000

$500,000

4.625%

4.750%

 

4.800%

4.935%

15 Year Fixed

15 Year Fixed

 

10/1 ARM

10/1 ARM

$417,000

$500,000

 

$417,000

$500,000

3.750%

3.875%

 

4.000%

4.125%

 

3.950%

4.095%

 

4.175%

4.310%

7/1 ARM

7/1 ARM

$417,000

$500,000

3.500%

4.000%

 

3.675%

                  4.185%

5/1 ARM

5/1 ARM

$417,000

$500,000

3.125%

3.500%

 

3.300%

3.685%

5/5 Jumbo ARM

30 Year Fixed Jumbo

$4,000,000

$5,000,000

3.500%

5.375%

 

3.745%

5.620%

7/1 Jumbo ARM

$5,000,000

4.125%

 

5.370%

5/1 Jumbo ARM

$5,000,000

3.500%

 

3.745%

FHA 30 Year Fixed
FHA 30 Year Fixed

$417,000
$500,000

4.625%
4.750%

 

4.800%
4.935%

VA 30 Year Fixed

$417,000

4.875%

 

5.050%

USDA 30 Year Fixed

$417,000

4.875%

 

5.050%

Home Path Loan
Home Path Loan

$417,000

$500,000

4.750%
4.875%

 

4.925%

5.060%

All rates quoted include 1 point in the APR.  Loan amounts are examples only, larger or smaller amounts available upon request. 
Credit and Loan to Value Restrictions Apply.                                                                                  
So-Cal Direct Lending is a division of Franklin Loan Center, licensed by the California Department of Real Estate. Information is subject to change without notice.