Fraternity Federal
 
 
Adjustable Rate Jumbo Loans
 
 
 
  • Available for loans above $494,500
  • Fixed interest rate for the first 1, 3, 5, 7 or 10 years depending on the product you choose
  • Interest rate adjusts over the term of the loan after the fixed period
  • Rates are for 30 day locks. All rates are subject to change based on credit score and loan to value ratio.
  • 10 to 30 year terms available

Rates Effective: July 12, 2010

   Loan to Value Amounts:   $500,000 to 95% - $650,000 to 90% - $750,000 to 80% - $900,000 to 75%
Loan Description Index  Rate  Points

 

  APR     

        

P & I Per $1000 
 1/1 ARM (2/6)  1 yr Treasury 

n/a

n/a

 0%

$0.00

n/a

n/a

 0%

$0.00

 3/1 ARM (2/6)  1 yr Treasury  

4.500%

  0.000 %  

3.625%

$5.0669

4.250%

1.000 %

 3.685%

$4.9194

 5/1 ARM (5/2/5)  1 yr Treasury 

4.750%

  0.000 %  

 3.886%

$5.2165

4.500%

1.000 %

  3.887%

$5.0669

 7/1 ARM (5/2/5)  1 yr Treasury 

5.000%

 0.000 %

  4.182% 

$5.3682

4.750%

 1.000 % 

 4.143%

$5.2165

 10/1 ARM (5/2/5)  1 yr Treasury 

5.500%

 0.000 %

4.758%

$5.6779

5.250%

 1.000 %

 4.684%

$5.5220

Click to calculate loan  payments.

All rates subject to change without notice.

Assumes owner-occupied residence

APR is based on a loan amount of $500,000 with a 20% down payment