Home Loan Interest Rates
Lock your rate at 888-623-7083 or in Austin call 259-7788...
Rates are subject to change without notice until locked in.
Rates on this Page Last Updated:
07/02/2009 11:03 AM

Conforming Loan Limits - Click here Icon - Opens in New Window...

Conforming
Purchase Loan Rates
Rates based on $150,000 Loans
30 Year Fixed Loans
30 day lock.
15 Year Fixed Loans
30 day lock.
Rate Points APR Rate Points APR
5.125% 0.875% 5.294% 4.750% 0.917% 5.042%
5.250% 0.602% 5.396% 4.875% 0.346% 5.081%
5.375% 0.027% 5.470% 5.000% 0.027% 5.158%
Notes:
Investment Properties - Additional Fees apply.
Regular and interest only loans available..
Max LTV - 2nd Home or Investment Prop = 80%
Adjustments:
See Credit Score Adjustments below.
2 unit = add 0.50% pt.
3 - 4 units = add 1.0 pt.
Credit Score Adjustments to Points
All Loans with terms > 15 years
LTV's
(Loan to Value)
Credit Scores
(Lowest middle score of 3 or lower score of 2)
620 - 639 640 - 659 660 - 679 680 - 699 700 -719 720 - 739 >739
< 60% 0.50% 0.50% 0% 0% -0.25% -0.25% -0.25%
60.01 - 70 1.50% 1.25% 1.00% 0.50% 0.50% 0% 0%
70.01 - 75 3.00% 2.50% 2.00% 1.00% 0.50% 0% 0%
75.01 - 80 3.00% 3.00% 2.50% 1.50% 0.75% 0.25% 0%
80.01 - 85 3.00% 2.75% 2.25% 1.00% 0.50% 0% 0%
85.01 - 97 2.25% 2.25% 1.75% 0.75% 0.50% 0% 0%
Minimum credit score is 620.
Additional Credit Score Adjustments to Points
Cash-out Loans for Investment Properties & Second Homes
(Primary Residence cash-out - see Home Equity Loans below)
LTV's
(Loan to Value)
Credit Scores
(Lowest middle score of 3 or lower score of 2)
620-639 640-659 660-679 680-699 700-739 >739
< 60% 0.25% 0.25% 0.25% 0% 0% 0%
60.01 - 75 1.25% 1.25% 0.75% 0.75% 0.625% 0.25%
75.01 - 80 2.75% 2.25% 1.50% 1.375% 0.75% 0.50%
Minimum credit score is 620.

Additional adjustments & restrictions may apply <> Contact us for a Good Faith Estimate
Jumbo "Blue"
Purchase Loan Rates
Rates based on $650,000 Loans
30 Year Fixed Loans
30 day lock.
15 Year Fixed Loans
 
Rate Points APR Rate Points APR
Program Suspended. Program Suspended.
Notes:
Maximum Loan Amount = $2,000,000
Maximum LTV = 85%
$1.5MM to $2.0MM <= 60% LTV add 0.125% Pt.
$1.5MM to $2.0MM > 60% LTV add 0.375% Pt.
Notes:
No Credit Score Adjustments.
1 Unit Primary Residences Only.
No 2nd Homes or Investment Properties.
More Info on Jumbo Loans

Additional adjustments & restrictions may apply <> Contact us for a Good Faith Estimate
VA Conforming
Purchase Loan Rates
Rates based on $150,000 Loans
30 Year Fixed Loans
30 day lock.
15 Year Fixed Loans
30 day lock.
Rate Points APR Rate Points APR
5.125% 1.163% 5.447% 4.500% 0.417% 4.922%
5.250% 0.726% 5.534% 5.000% -1.458% 5.139%
5.375% 0.299% 5.621% 5.500% -1.958% 5.566%
5.500% -0.349% 5.688% % % %
Notes:
Maximum VA $0 down loan limit is $417,000,
   including the VA Funding Fee Icon - Opens in New Window, if financed.
Refinance Loan Rates - Request Good Faith Estimate.
VA 1 yr ARM, 3/1 ARM & 5/1 ARM loans available.
Credit Scores:
>700 = subtract 0.125% pt.
620 - 660 =  add 0.25 pt.
620 Minimum.
Texas Vet base rate is 5.24% APR=5.611% (effective 06/26/09)
Additional adjustments & restrictions may apply <> Contact us for a Good Faith Estimate
VA JUMBO
Purchase Loan Rates
Rates based on $650,000 Loans
30 Year Fixed Loans
30 day lock.
15 Year Fixed Loans
 
Rate Points APR Rate Points APR
5.250% 1.284% 5.407% Not Available.
5.375% 0.938% 5.502%
5.500% 0.209% 5.561%
5.750% 0.094% 5.803%
Notes:
Maximum VA JUMBO loan limit is $1,500,000.
Down payment Required.
30 year fixed rate loans only - Other restrictions apply.
Loans =>$700,000 subject to additional pricing adjustments
    at time of underwriting.
Loan amount => $1,000,000 = add 5.0 pts.
Credit Scores:
>700 = subtract 0.125% pt.
620 - 660 =  add 0.25 pt.
620 Minimum.
Loan amount > $700,000 = minimum 620
Loan amount > $1,000,000 = minimum 700
Additional adjustments & restrictions may apply <> Contact us for a Good Faith Estimate
Zero Down Rural Development Housing
Purchase Loan Rates
Rates based on $150,000 Loans
30 Year Fixed Loans
30 day lock.
15 Year Fixed Loans
.
Rate Points APR Rate Points APR
5.125% 1.149% 5.519% Not Available.
5.375% 0.713% 5.606%
5.500% 0.287% 5.694%
Notes:
Maximum loan amount is $417,000, including a 2% funding
    fee, if financed.
Eligible borrowers must meet RDH income limitations.
Eligible properties must be in a designated RDH rural area.
Finance closing costs up to appraised value.

Credit Scores:
>700 = subtract 0.125% pt.
620 - 660 =  add 0.25 pt.
620 Minimum.
Additional adjustments & restrictions may apply <> Contact us for a Good Faith Estimate
Conforming Home Equity(cash-out)
Refinance Loan Rates
Rates based on $150,000 Loans
30 Year Fixed Loans
30 day lock.
15 Year Fixed Loans
30 day lock.
Rate Points APR Rate Points APR
5.250% 0.977% 5.430% 4.875% 0.721% 5.139%
5.375% 0.402% 5.504% 5.000% 0.402% 5.216%
5.500% 0.047% 5.598% 5.125% 0.158% 5.304%
Notes:
Maximum LTV on Texas Home Equity Loans = 80%.
SFR, 1 unit, 10 acres or less.
Minimum loan amount - $85,000, Max $417,000
Adjustments:
See Credit Score Adjustments below.
Credit Score Adjustments to Points
All Loans with terms > 15 years (1)
LTV's
(Loan to Value)
Credit Scores
(Lowest middle score of 3 or lower score of 2)
620 - 639 640 - 659 660 - 679 680 - 699 700 -719 720 - 739 >739
< 60% 0.50% 0.50% 0% 0% -0.25% -0.25% -0.25%
60.01 - 70 1.50% 1.25% 1.00% 0.50% 0.50% 0% 0%
70.01 - 75 3.00% 2.50% 2.00% 1.00% 0.50% 0% 0%
75.01 - 80 3.00% 3.00% 2.50% 1.50% 0.75% 0.25% 0%
1) Minimum credit score is now 620.
Additional Credit Score Adjustments to Points
Texas Cash-out Loans - Primary Residence
LTV's
(Loan to Value)
Credit Scores
(Lowest middle score of 3 or lower score of 2)
620-639 640-659 660-679 680-699 700-739 >739
< 60% 0.25% 0.25% 0.25% 0% 0% 0%
60.01 - 75 1.25% 1.25% 0.75% 0.75% 0.625% 0.25%
75.01 - 80 2.75% 2.25% 1.50% 1.375% 0.75% 0.50%
Minimum credit score is 620.

Additional adjustments & restrictions may apply <> Contact us for a Good Faith Estimate
 
Jumbo Home Equity(cash-out)
Refinance Loan Rates
Rates based on $650,000 Loans
30 Year Fixed Loans
30 day lock.
15 year Fixed Loans
30 day lock.
Rate Points APR Rate Points APR
Not Available. Not Available.
Notes:
SFR, 1 unit, 10 acres or less.
Max. LTV on Texas Home Equity Loans = 80% to $1MM
LTV 65.01-70% improve 0.125% Pt
LTV <= 65% improve 0.375% Pt
Credit Scores:
Credit scores 780+ improve 0.25% Pt..
Credit scores 620-660 add varies from 0.125 to 0.375% Pts.
Additional adjustments & restrictions may apply. Contact us for a Good Faith Estimate

Rates on this Page Last Updated:
Friday, July 3, 2009 7:58 PM

Notes about Rates
  • The rates listed above should only be used as a guide. Your actual rate could be more or less due to fluctuating rates, your loan amount and your particular loan requirements.
  • Rates are subject to change without notice until locked in.
    Call 888-623-7083 or in Austin call 259-7788 to lock your loan rate now...
    (If purchasing you must have a property under contract to lock your rate)
  • Points - Includes all discount & origination points. Negative points(-0.250%) will be a credited towards the borrowers closing costs.
    One "point"(1.000) is equal to 1.000% of the mortgage loan amount.
  • Conforming Loan Limits - Click here...
Rates are based on the following Assumptions
Conforming Rates
  • Based on loan amount of $150,000
  • 80% Loan to Value
  • Owner Occupied, Primary residence, 1 unit
  • No Mortgage Insurance
  • A quality credit history with 740 or higher credit scores
  • 30 day lock
Jumbo Rates
  • Based on loan amount of $650,000
  • 80% Loan to Value
  • Owner Occupied, Primary residence, 1 unit
  • No Mortgage Insurance
  • A quality credit history with 740 or higher credit scores
  • 30 day lock
VA Rates
  • Based on loan amount of $150,000
  • 100% Loan to Value
  • Owner Occupied, Primary residence, 1 unit
  • Includes a 2.15% VA Funding Fee(1st use) financed in the loan amount and included in the APR.
  • 661 or higher credit scores
  • 30 day lock
VA Jumbo Rates
  • Based on loan amount of $650,000
  • 91.04% Loan to Value
  • Includes a 2.15% VA Funding Fee(1st use) financed in the loan amount and included in the APR.
  • A quality credit history with 661 or higher credit scores
  • 30 day lock
Home Equity Rates
  • Based on loan amount of $150,000
  • 75% Loan to Value
  • Owner Occupied, Primary residence
  • SFR, 1 unit, 10 acres or less
  • Credit score 740
  • A quality credit history
  • 30 day lock
Jumbo Home Equity Rates
  • Based on loan amount of $650,000
  • 80% Loan to Value
  • Owner Occupied, Primary residence
  • SFR, 1 unit, 10 acres or less
  • Credit score 720+
  • A quality credit history
  • 30 day lock
Rural Development Rates
  • Based on loan amount of $150,000
  • 100% Loan to Value
  • Owner Occupied, Primary residence, 1 unit
  • Includes a 2.0% Guarantee Fee financed in the loan amount and included in the APR.
  • 661 or higher credit scores
  • 30 day lock.
  • Income limits set by RDH.
  • Property must be in a RDH designated area.

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