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Mortgage Rates: As of August 31, 2010

Government Loans (FHA)
Rate
APR*
Est. Payment**
30-Year Fixed Rate
4.375%
5.114%
$4.99
15-Year Fixed Rate
4.50%
4.934%
$7.65
 
  • The minimum down payment required is 3.5% of the Sales Price.
  • The maximum loan amount is 95% LTV (Loan to Value) for refinanced mortgage loans.
  • The maximum loan amount is $346,250. (In some counties in Georgia the maximum loan amount may be lower.)
Conventional Loans
Rate
APR*
Est. Payment**
30-Year Fixed Rate/Purchase
4.25%
4.450%
$4.92
15-Year Fixed Rate/Purchase
3.857%
4.225%
$7.33
30-Year Fixed Rate/Refinance
(No Cash Out)
4.25%
4.450%
$4.92
15-Year Fixed Rate/Refinance
(No Cash Out)
3.875%
4.225%
$7.33
30-Year Fixed Rate/Refinance
(With Cash Out)
4.375%
4.577%
$4.99
15-Year Fixed Rate/Refinance
(With Cash Out)
4.00%
4.351%
$7.40
 
  • The minimum down payment is 5% of the Sale Price.
  • The maximum loan amount is 80% to 95% LTV depending on transaction type.
  • Rates and APRs* shown are for loan amounts from $125,000 to $417,000 and are based on owner-occupied, single-family dwellings with an escrow account established. They include a 30-day interest rate lock-in period.
  • The APR* is calculated using a credit score of 740 and above. The APR* may vary for lower credit scores.
  • Interest rates may vary depending on the individual's credit history and underwriting factors.

*APR = Annual Percentage Rate. Rates are subject to change without notice.

**The amount shown can be used to estimate the Monthly Payment per $1,000 borrowed.