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:
08/28/2008 5:01 PM

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
6.125% 0.967% 6.319% 5.750% 1.186% 6.100%
6.250% 0.616% 6.410% 5.875% 0.726% 6.154%
6.375% -0.007% 6.476% 6.000% 0.253% 6.205%
Notes:
Investment Properties - Additional Fees apply.
Regular and interest only loans available.
40 year Fixed Rates available.
 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 (1)
LTV's
(Loan to Value)		 Credit Scores
(Lowest middle score of 3 or lower score of 2)
<620 620 - 639 640 - 659 660 - 679 680 - 699 700 -719 720 - 739 >739
< 60% 1% 0.25% 0% 0% 0% -0.25% -0.25% -0.25%
60.01 - 70 1.0% 0.75% 0.50% 0.50% 0.50% 0.50% 0% 0%
70.01 - 75 2.75% 2.50% 1.75% 1.25% 0.50% 0.50% 0% 0%
75.01 - 80 2.75% 2.75% 2.25% 1.75% 1.0% 0.75% 0.25% 0%
80.01 - 85 2.75% 2.75% 2.0% 1.50% 0.50% 0.50% 0% 0%
85.01 - 97 2.75% 2.25% 1.50% 1.0% 0.25% 0.25% -0.25% -0.25%
1) Loans with terms <= 15 years & LTV > 70% & CS <620 - add 1.0% pt.
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)
<620 620-639 640-659 660-679 680-699 700-739 >739
< 60% 1% 0% 0% 0% 0% 0% 0%
60.01 - 75 1.750% 0.75% 0.75% 0.25% 0.25% 0.125% 0%
75.01 - 80 2.75% 2.25% 1.75% 1.00% 0.875% 0.50% 0.25%
80.01 -85 3% 2.50% 2.50% 2.0% 2.0% 1.0% 0.375%
85.01 -90 3% 2% d% 1.50% 1.50% 0.50% 0.375%

Additional adjustments & restrictions may apply <> Contact us for a Good Faith Estimate
Jumbo "Gold"
Purchase 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
7.500% 0.821% 7.641% 7.000% 1.589% 7.346%
7.625% 0.527% 7.737% 7.125% 1.367% 7.436%
7.750% 0.256% 7.835% 7.250% 1.159% 7.528%
Notes:
Maximum Loan Amount = $750,000.
Maximum LTV = 90%.
Maximum DTI = 50%.
Second Homes add 0.25% Pt.
Second Home Cash-out < 75.01% LTV add 0.25% Pt.
Second Home Cash-out > 75% LTV add 0.50% Pt.
NO Investment Properties.		 Credit Scores:
>700 = -0.125% Pt.
CLTVs > 80% CS = 680 - 700 add 0.375%.
CLTVs > 80% CS = 700-739 add 0.125%.
Minimum CS = 680

More Info on Jumbo Loans

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
30 day lock.
Rate Points APR Rate Points APR
8.375% 1.295% 8.581% 7.250% 0.705% 7.453%
8.500% 1.119% 8.688% 7.375% 0.508% 7.547%
8.625% 0.944% 8.795% 7.500% 0.303% 7.640%
Notes:
Maximum Loan Amount = $2,000,000
Maximum LTV = 90%
LTV 80.01 to 90% add 1.50% Pt.
Loans $1.5MM to $2.0MM add 0.50% Pt.
Second homes add 0.125 Pt. & Max LTV = 80%		 Credit Scores:
See Credit Score Adjustments below..


More Info on Jumbo Loans
Credit Score Adjustments to Points
LTV's
(Loan to Value)		 Credit Scores
(Lowest middle score of 3 or lower score of 2)
700 - 719 720 -779 >780
<= 75% 0% 0 0
75.01 - 80 0.75% 0.25% 0%
80.01 - 85 1.50% 1.125% 0.25%
85.01 - 90 1.50% 1.125% 0.75%

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
6.000% 0.463% 6.274% 5.500% 1.456% 6.238%
6.250% 0.095% 6.493% 6.000% -0.055% 6.502%
6.375% -0.337% 6.577% 6.500% -1.219% 6.821%
6.500% -1.047% 6.634% % % %
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:
620 - 660 =  add 0.25 pt.
600 - 619 =  add 0.625 pt.
580 - 599 = add 1.25 pt.
580 Minimum.
Texas Vet base rate is 6.13% APR=6.519% (effective 08/22/08)
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.
.
.
Rate Points APR Rate Points APR
5.875% 0.559% 5.972% % % %
6.000% 0.090% 6.054% % % %
6.125% -0.362% 6.137% % % %
6.250% -0.755% 6.226% % % %
Notes:
Maximum VA JUMBO loan limit is $1,500,000.
Down payment Required.
30 year fixed rate loans only - Other restrictions apply.
Loan amount => $1,000,000 = add 5.0 pts. 		Credit Scores:
620 - 660 =  add 0.25 pt.
600 - 619 =  add 0.625 pt.
580 - 599 = add 1.25 pt.
580 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
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
6.375% 0.618% 6.537% 6.000% 0.836% 6.298%
6.500% 0.150% 6.618% 6.125% 0.554% 6.380%
6.625% -0.273% 6.703% 6.250% 0.232% 6.455%
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)
<620 620 - 639 640 - 659 660 - 679 680 - 699 700 -719 720 - 739 >739
< 60% 1% 0.25% 0% 0% 0% -0.25% -0.25% -0.25%
60.01 - 70 1.0% 0.75% 0.50% 0.50% 0.50% 0.50% 0% 0%
70.01 - 75 2.75% 2.50% 1.75% 1.25% 0.50% 0.50% 0% 0%
75.01 - 80 2.75% 2.75% 2.25% 1.75% 1.0% 0.75% 0.25% 0%
80.01 - 85 2.75% 2.75% 2.0% 1.50% 0.50% 0.50% 0% 0%
85.01 - 97 2.75% 2.25% 1.50% 1.0% 0.25% 0.25% -0.25% -0.25%
1) Loans with terms <= 15 years & LTV > 70% & CS <620 - add 1.0% pt.
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)
<620 620-639 640-659 660-679 680-699 700-739 >739
< 60% 1% 0% 0% 0% 0% 0% 0%
60.01 - 75 1.750% 0.75% 0.75% 0.25% 0.25% 0.125% 0%
75.01 - 80 2.75% 2.25% 1.75% 1.0% 0.875% 0.50% 0.25%

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
7.750% 0.756% 7.888% 7.500% 0.803% 7.723%
7.875% 0.503% 7.987% 7.625% 0.607% 7.817%
8.000% 0.186% 8.080% 7.750% 0.436% 7.915%
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
3% Down Loans - Limited Income Program
Purchase Loan Rates
Rates based on $150,000 Loans
30 Year Fixed Loans
30 day lock.
 
Rate Points APR Rate Points APR
6.750% 1.002% 7.606% % % %
6.875% 0.577% 7.690% % % %
7.000% 0.153% 7.774% % % %
Notes:
SFR, 1 unit, Primary residence.
Requires 18% mortgage insurance coverage.
Maximum loan amount $417,000.
3% Down Payment Required.		 Credit Scores:
Minimum = 680.
Adjustments:
2 unit to 95% LTV - add 0.50% pt.
3-4 units to 95% LTV - add 1.0 pt. - Minimum CS = 660.
This loan program has income limitations.
Your income cannot exceed the Income Limit Icon - Opens in New Window for the county your property is located in.

Additional adjustments & restrictions may apply <> Contact us for a Good Faith Estimate
3% Down Loans - No Income Limits
Purchase Loan Rates
Rates based on $150,000 Loan Amount
30 Year Fixed Loans
30 day lock.

.
Rate Points APR Rate Points APR
6.500% 1.008% 7.353%
6.625% 0.645% 7.444%
6.750% 0.267% 7.533%
Notes:
SFR, 1 unit, Primary residence only.
Minimum LTV = 90%. Maximum LTV = 97%.
Requires 35% mortgage insurance.
18% mortgage insurance available - add 1.25% pts.		 Credit Scores:
Minimum credit score = 680.
680 - 719 = add 0.50% pts.

Additional adjustments & restrictions may apply <> Contact us for a Good Faith Estimate
Home Improvement Loans
2nd Lien Stand Alone Rates
Rates based on $50,001 - 80% or Less CLTV Loans
5, 10 or 20 year Term
725+ Credit Score 700-724 Credit Score
Rate Points APR Rate Points APR
7.500% 1.000% 7.755% 7.750% 1.000% 8.009%
680-699 Credit Score *  
Rate Points APR Rate Points APR
8.750% 1.000% 9.026% % % %
Notes:
SFR, 1 unit, Primary residence.
Minimum loan amount $25,000..
No Stated Income or 3rd lien positions.
Previous bankruptcy = Add 1.0% to Rate - Dischg. 5 yrs		 Rate Adjustments:
CLTV 80.01% - 90% = Add 0.25% to Rate
Maximum CLTV = 90% - $50
Credit Scores
* 680-699 - Max loan amt = $50,000.
700+ - Max loan amt = $100,000.
Additional adjustments & restrictions may apply <> Contact us for a Good Faith Estimate

Rates on this Page Last Updated:
Friday, August 29, 2008 12:01 AM
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 720 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 720 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
3% Down - Income Limits
  • Based on loan amount of $150,000
  • 97% Loan to Value
  • Owner Occupied, Primary residence, 1 unit
  • Requires 18% mortgage insurance
  • A quality credit history with 680 or higher credit scores
  • 30 day lock
  • Qualifying income limited to 120% of HUD Median Family Income
3% Down - NO Income Limits
  • Based on loan amount of $150,000.
  • 97% Loan to Value
  • Owner Occupied, Primary residence, 1 unit only
  • 35% mortgage insurance
  • A quality credit history with 720 or higher credit scores
  • 30 day lock
Home Improvement Rates
  • Based on loan amount of $50,000
  • 80% Combined Loan to Value
  • Owner Occupied, Primary residence, 1 unit
  • Credit score requirements listed
  • 30 day lock

Home