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Rates and APR's are based on purchase loan amounts of $200,000 for conforming loans and $417,000 for jumbo loans.  The maximum loan amount for a conforming loan is $417,000. These rates are for reference only and are subject to change without notice.

There are No Application Fees, No Origination Fees, and No Points!

Programs

Rate

APR

30 year Fixed Conforming
Fixed for the lifetime of the loan. No pre-payment penalties. The most conservative and stable of all loans.

6.250%

6.311%

20 year Fixed Conforming
Fixed for the lifetime of the loan. No re-payment penalties. Great for faster equity build up. Pay-off your loan 10 years earlier and at a lower rate. Saves over $100,000 in interest over the lifetime of the average loan.

6.250%

6.310%

15 year Fixed Conforming
Fixed for the lifetime of the loan. No pre-payment penalties. Great for faster equity build up. Pay-off your loan in half the time and at a lower rate. Saves over $120,000 in interest over the lifetime of the average loan.

5.875%

5.911%

30 Year Fixed ...No Income Verified
Fixed for 30 years, no prepayment penalties. NO proof of income needed! Great for self employeed borrowers.

7.000%

7.132%

40 year Fixed
Fixed for the lifetime of the loan.  No prepayment penalties.  The most conservative and stable of all loans.

6.625%

6.789%

30 year Interest only
Fixed rate for 30 years, interest only for the first 10 years.  The average person kept their mortgage loan for 4 - 7 years in 2001 - 2007.  Most people refinance every 3 - 5 years.  (Lower rates, debt consolidation, college education, to open a business, etc.)

6.625%

6.782%

30 year Fixed Jumbo
Fixed for the lifetime of the loan. No pre-payment penalties. The most conservative and safest product for loan amounts above $417,000.

7.625%

7.788%

QUICK AND EASY!!!
This is THE loan for the borrower with good credit scores,and income! Almost paperless and less hassle. Can be a 30, 20 or 15 year fixed...No pre-payment penalties. Rate quote is on a 15 year fixed loan with NO POINTS!

5.875%

5.911%


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Rates current as of

06/27/2008

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1st Residential Funding

1755 W. Broadway St.
Suite 1
Oviedo, FL 32765

(407) 977-5656
(888) 854-RATE
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