Residential Mortgage Rates - Listed below and subject to change without notice and are based on "jumbo" (>$500,000 up to $2MM), and "super jumbo" (>$2MM up to $10MM) loan amounts, credit score of 680 or higher, max 36% debt to income ratio, max 80% loan to value ratio or 20% down payment for purchase loans, 60 day rate lock, income to be fully documented. Escrows for property taxes and insurance may be required. Exceptions to these guidelines are allowed.
All loans have a 1% origination fee. Interest Only available on all products. Add 0.25% to rate for all ARMs and 0.375% to all fixed rate programs.
Loan amounts in excess of $10,000,000 available. Please call (214) 808-3100 for a rate quote.
30 Year - $2MM to $10MM
Rate
Points
APR
Lock Days
5.125%
1.000%
5.640%
60
15 Year - $2MM to $10MM
Rate
Points
APR
Lock Days
4.375%
1.000%
5.250%
60
10 Yr ARM - $2MM to $10MM
Rate
Points
APR
Lock Days
4.750%
1.000%
5.510%
60
7 Yr ARM - $2MM to $10MM
Rate
Points
APR
Lock Days
4.125%
1.000%
4.850%
60
30 Year - < $2MM
Rate
Points
APR
Lock Days
5.000%
1.000%
4.990%
60
15 Year - < $2MM
Rate
Points
APR
Lock Days
4.250%
1.000%
4.200%
60
7 Yr ARM - < $2MM
Rate
Points
APR
Lock Days
4.000%
1.000%
3.790%
60
5 Yr ARM - < $10MM
Rate
Points
APR
Lock Days
3.500%
1.000%
3.580%
60
3 Yr ARM - < $10MM
Rate
Points
APR
Lock Days
3.125%
1.000%
3.520%
60
Are you looking to buy, sell or invest in a commercial or residential property? Visitwww.ricegroupinc.com or contact us today!
