Jumbo loans are making a come-back at attractive rates.
Thirty-year fixed rate mortgages are available at 80% loan-to-value for up to $1,500,000. Rates are 5.85% with no points or 5.45% with 1 point origination.
Adjustable rate mortgages are also available at 75% loan-to-value. A 5/1 ARM is 4.125% with no points or 3.875% with 1 point. A 7/1 ARM is 4.375% with no points or 4.125% with 1 point.
For more mortgage information please contact:
Alan Band
Core Mortgage
(480) 588-8758.
If you have any other real estate questions, please call Pete Shambreskis at (480) 229-6468.
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