When I search for mortgage, refinance or home equity products, where does this information come from?
Last Updated: June 25, 2009
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The rate information is from Informa Research Services, Inc. This information has been obtained from various financial institutions around the country. Informa Research Services cannot guarantee its accuracy. The information includes financial product data from the Informa Research Services database at the time of publication, and may not reflect all of the products available in your region. Before acting on the information shown on this page, contact the financial institution to verify the accuracy of the data.

Mortgage

Purchase and Refinance

Fixed Rate/Adjustable Rate Conforming – APR’s are based on a $200,000 loan for a purchase transaction of an owner occupied, single-family residence with an 80% loan-to-value ratio (97% LTV for FHA’s). Rates must be valid for an applicant with a 740 FICO score. Rates are subject to change without notice.

Quotes are for "no cash-out" loans. All quotes are for conforming products or loans that can be sold on the secondary market with no prepayment penalties nor negative amortization.

Fixed Rate/Adjustable Rate Jumbo - APR’s are based on a $450,000 loan for a purchase transaction of an owner occupied, single-family residence with an 80% loan-to-value ratio (97% LTV for FHA’s). Rates must be valid for an applicant with a 740 FICO score. Rates are subject to change without notice.

Quotes are for "no cash-out" loans. All quotes are for conforming products or loans that can be sold on the secondary market with no prepayment penalties nor negative amortization.

Home Equity

Home Equity Loans - Rates are based on a fixed rate home equity loan for an owner occupied residence, second lien, 10 year or 15 year repayment terms with an 80% loan-to-value ratio for loan amounts of $50,000 or $50,000+.

Rate Discount indicates the amount of reduction in the Rate for having monthly payments automatically deducted from an account and/or for having other relationship accounts with the institution, expressed as a percentage. Conditions “No closing costs” indicates that customer is not required to pay closing costs on the loan. “With closing costs” indicates that customer is required to pay closing costs on the loan. Rates displayed do not include discounts. Rates are subject to change without notice.

Home Equity Line of Credit - Rates are based on a variable rate, second lien revolving home equity line of credit for an owner occupied residence with an 80% loan-to-value ratio for line amounts of $50,000 or $50,000+. Discount indicates the amount of reduction in the Rate for having monthly payments automatically deducted from an account and/or for having other relationship accounts with the institution, expressed as a percentage. Conditions – “No closing costs” indicates that customer is not required to pay closing costs on the line of credit. “With closing costs” indicates that customer is required to pay closing costs on the line of credit. Rates displayed do not include discounts. Rates are subject to change without notice.

Sub Prime Mortgage

Purchase - Lender's comments are based on a $150,000 loan for a purchase transaction of an owner occupied, single-family residence with an 80% loan-to-value ratio. Borrower with a mortgage history of 1 time late for 30 days in the last 12 months, full income documentation, and never declared bankruptcy nor have any foreclosures. Rates are subject to change without notice.

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