Rate Sheet
Last update: July 8, 2008 02:12 PM CST
Conforming | Jumbo | Interest-Only Conforming | Government | Home Equity
 
Conforming Loan Programs

Conforming rates for loans to $417,000.

Program Rates Points APR
30 yr fixed conforming
95% LTV Subject to DU/LP Findings, FULL DOC
6.000 1.000 6.152
6.250 0.000 6.308
20 yr fixed conforming
95% LTV Subject to DU/LP Findings, FULL DOC
6.000 1.000 6.203
6.250 0.000 6.327
15 yr fixed conforming
95% LTV Subject to DU/LP Findings, FULL DOC
5.625 1.000 5.877
5.875 0.000 5.971
3/1 ARM
95% LTV Subject to DU/LP Findings, FULL DOC
5.000 1.000 5.554
5.500 0.000 5.586
5/1 ARM
95% LTV Subject to DU/LP Findings, FULL DOC
5.250 1.000 5.576
5.625 0.000 5.629
7/1 ARM
95% LTV Subject to DU/LP Findings, FULL DOC
5.750 1.000 5.796
6.125 6.125 6.125
TEXAS Veterans' Land Board
30 Year Fixed
4.110 1.000 4.304
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Jumbo Loan Programs

Jumbo rates for loans over $417,000.

Program Rates Points APR
30 yr fixed jumbo
90% LTV Subject to DU/LP Findings, FULL DOC
7.500 1.000 7.635
7.875 0.000 7.907
15 yr fixed jumbo
90% LTV Subject to DU/LP Findings, FULL DOC
6.500 1.000 6.709
6.875 0.000 6.924
3/1 jumbo ARM
90% LTV Subject to DU/LP Findings, FULL DOC
5.750 1.000 5.712
6.250 0.000 5.745
5/1 jumbo ARM
90% LTV Subject to DU/LP Findings, FULL DOC
6.250 1.000 5.939
6.750 0.000 6.043
7/1 jumbo ARM
90% LTV Subject to DU/LP Findings, FULL DOC
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Interest-Only Conforming Loan Programs

Conforming rates for loans to $417,000.

Program Rates Points APR
30 yr fixed conforming Interest-Only
95% LTV Subject to DU/LP Findings, FULL DOC
6.375 1.000 6.516
6.625 6.625 6.625
3/1 ARM Interest-Only
95% LTV Subject to DU/LP Findings, FULL DOC
5/1 ARM Interest-Only
95% LTV Subject to DU/LP Findings, FULL DOC
5.625 1.000 5.712
6.000 0.000 5.767
7/1 ARM Interest-Only
95% LTV Subject to DU/LP Findings, FULL DOC
5.750 1.000 5.780
6.125 0.000 5.881
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Government Loan Programs
Program Rates Points APR
30 yr fixed FHA
97% LTV Subject to DU/LP Findings, FULL DOC
6.000 1.000 6.152
6.375 0.000 6.434
15 yr fixed FHA
97% LTV Subject to DU/LP Findings, FULL DOC
6.000 1.000 6.255
6.500 0.000 6.598
FHA Adjustable
97% LTV Subject to DU/LP Findings, FULL DOC
30 yr fixed VA
100% LTV Subject to DU/LP Findings, FULL DOC
6.000 1.000 6.152
6.375 0.000 6.434
15 yr fixed VA
100% LTV Subject to DU/LP Findings, FULL DOC
6.000 1.000 6.255
6.500 0.000 6.598
TEXAS Veterans' Land Board
30 Year Fixed
4.110 1.000 4.304
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Home Equity Rates
Program Rates Points APR
15y Fixed Cash-Out 6.125 1.000 6.414
30y Fixed Cash-Out 6.375 1.000 6.668
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  Additional Loan Programs
Program Rates Points APR


100% CLTV - 80/20 - 30y fixed
cs>700 - 2nd @ 9.99%
6.750 1.000 6.986
7.125 0.000 7.385
TEXAS Veterans' Land Board
30y fixed as low as 4.110% - FULL DOC
4.110 1.000 4.304
100% LTV - VA
30 yr fixed - NO-MI
6.250 1.000 6.562
6.500 0.000 6.616

97% LTV 30 yr Fixed (One Loan) W/MI
cs>680 as low as 620 - Subject to DU/LP findings - FULL DOC
6.625 1.000 6.897
7.000 0.000 7.296
Stated Income/Verified Assets 80% LTV
5/1 ARM - cs>680 - 40y term - IO - 3ypp
7.000 1.000 7.198
7.500 0.000 7.694

90% Investor- 30y fixed - W/MI
cs>680 - Subject to DU/LP findings - Full Doc
6.625 1.000 6.797
7.000 0.000 7.297
RURAL HOME & LAND MORTGAGE LOANS
Call For Interest Rates
RURAL HOME & LAND MORTGAGE LOANS
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Single Close Construction Loans - Rehab Loans
Call For Interest Rates
Single Close Construction Loans - Rehab Loans
Call For Interest Rates






FORECLOSURE BAILOUTS - FULL DOC - NO CREDIT SCORES REQUIRED
2/28 ARM - 60% LTV - FULL DOC - 55% DTI
11.750 1.000 12.096
FORECLOSURE BAILOUTS - STATED INCOME - NO CREDIT SCORES REQUIRED
2/28 ARM - 50% LTV - 55% DTI
12.100 1.000 12.395
Single Close Construction Loans
REHAB LOANS
PLEASE CALL FOR PROGRAMS AND INTEREST RATES
NOT LISTED 877-690-2200


APRs are calculated based on a Conforming loan amount of $240,000, or a Jumbo loan amount of $480,000. Points/fees/rates may vary for different loan amounts.

Minimum Loan is $80,000. May Vary Depending on Program.

TEXAS MORTGAGE COMPANY - 6860 North Dallas Parkway, Suite 200 - Plano, TX 75024
Toll Free: 877-690-2200 ext. 234 Phone: (972)867-0056 ext. 234 Fax: 214-227-3888

steven@texasmortgage.com