30 Yr.Fixed Conventional: 6.125% 1pt/ 6.250% .625pt/ 6.375% .125pt
Jumbo 30 Yr. Fixed: 7.375% 1.50pt
FHA 30 Yr. Fixed: 6.000% 0pts and lender credit depending on loan amount.
FHA 3/1 Arm: 5.375% 1pt
Starting on Monday the FHA and Conventional loan limits will be available.
FHA will be an awesome tool to use for loan amounts up to $560,000 with down payments of 5%-2.25% depending on fico scores.
Lewis H. Ivey III
Home Mortgage Consultant
Homeservices Lending, LLC dba Champion Realty Mortgage
711 Bestgate Rd.
Annapolis, Md. 21041