For Realtors Only!
This page of the Tempo Bank web has been designed for the
Sales Person on the go. It contains all the information on the types of first mortgage
loan products available, the rates and points associated with them and any
special features or lending programs being offered to prospective borrowers within Tempo's
effective local community. It does not, however, cover certain regulatory disclosure
requirements that are required to be given to interested consumers and prospective
applicants. For more detailed information and relevant disclosures, you are cordially
directed to 1st Mortgage Loan Rate
Reporter or if you want to know a payment try our
Mortgage
Payment Calculator.
This Realtors Only rate sheet was issued and applies to all
applications filed for Single Family Owner-Occupied Dwellings purchased within Tempo
Bank's effective local community as of:
.
| December
16, 2010 |
|
|
|
| Adjustable Rate
Mortgages: |
Rate |
Points* |
Maximum
Term |
|
|
|
|
| One Year Adjustable Rate
with 20% Down |
Call for
Quote |
0.00% |
Up to 30
Years |
| (minimum 11% down
required) |
|
|
|
| Three Year Adjustable
Rate with 20% Down |
Call for
Quote |
0.00% |
Up to 30
Years |
| (minimum 11% down
required) |
|
|
|
| Supplemental
Information for Adjustable Mortgages: |
 | Adjustments are based on
1 year constant maturity US Treasury index plus 2.75 margin. |
|
| 20% or more Downpayment:
Application fee $500, Flood Certification $5.00, and Estimated
Title Company Closing Charges of $45.00. |
|
| Period and Life of Loan
Adjustment caps are 2% and 6%, respectively. |
|
| Adjustable rate
mortgages with less than 20% down: Application fee $750, Flood
Certification $5.00 and Estimated Title Company Closing Charges
of $45.00. Private Mortgage Insurance may also be required. |
|
|
|
|
|
|
| Fixed Rate
Mortgages: |
Rate |
Points* |
Maximum
Term |
| 10 Year Fixed Rate with
20% Down |
Call for
Quote |
0.00% |
10 Years |
| (minimum 11% down
required) |
|
|
|
| 15 Year Fixed Rate with
20% Down |
Call for
Quote |
0.00% |
15 Years |
| (minimum 11% down
required) |
|
|
|
| 30 Year
Fixed Rate with 20% Down |
Please Call
for Availability! |
| (minimum 11% down
required) |
|
|
|
| Supplemental
Information for Fixed Rate Mortgages: |
| 20% or more
Downpayment: Application fee $500, Flood Certification $5.00 and Estimated
Title Company Closing Charges of $45.00. |
|
| Fixed rate mortgages
with less than 20% down: Application fee $750 Flood Certification
$5.00 and Estimated Title Company Closing Charges of $45.00.
Private Mortgage Insurance may also be required. |
|
|
|
|
|
|
| Balloon Mortgages: |
Rate |
Points* |
Maximum
Term |
| 3 Year Balloon with 20%
Down |
Call for
Quote |
0.00% |
Up to 30
Years |
| (minimum 11% down
required) |
|
|
|
| 5 Year Balloon with 20%
Down |
Call for
Quote |
0.00% |
Up to 30
Years |
| (minimum 11% down
required) |
|
|
|
| 10 Year Balloon with 20%
Down |
Call for
Quote |
0.00% |
Up to 30
Years |
| (minimum 11% down
required) |
|
|
|
| 15 Year Balloon with 20%
Down |
Call for
Quote |
0.00% |
Up to 30
Years |
| (minimum 11% down
required) |
|
|
|
| Supplemental
Information for Balloon Mortgages: |
| 20% or more Downpayment:
Application fee $500, Flood Certification $5.00 and Estimated
Title Company Closing Charges of $45.00. |
|
| Balloon Mortgages with
less than 20% down: Application fee $750, Flood Certification $5.00
and Estimated Title Company Closing Charges of $45.00. Private
Mortgage Insurance may also be required. |
|
A Note About
Nominal Rates and Annual Percentage Rates
While nominal interest rates and annual
percentage rates are accurate as of the date specified for the examples
provided, nominal rates and annual percentage rates can and will change
periodically and could be different based upon the unique circumstances of
every loan application filed and the differing characteristics of the loan
products offered or selected by the applicant(s).
Although this page is
reviewed and updated with current rate and index information no less
frequently than weekly, delays and op-edits can occur. For
current nominal rates and annual percentage rates we suggest that you contact
us:
|
