YOUR TOWN MORTGAGE
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11:41:48 AM

Wednesday, January 07, 2009

30 Year Fixed:

5.000% - No Points or Origination fees.

APR 5.178%

15 Year Fixed:

4.750%  No Points or Origination fees.

APR 5.056%

See our products page for today's rates! 

Note: Posted rates assume a 12 day rate lock, 720 middle credit score and minimum loan amount of $180,000.00 dollars.

Extended rate locks available up to 180 days.

Today's rates expire from 9 PM-11 PM EST M-F daily depending on the lender selected.

Rates subject to change through 4 PM daily.

Are you thinking of a Purchase or Refinance and want to lock your rate now? Here's how to get ready;

Submit your application online and fax your Borrower Authorization form.

Fax your most recent W2 form and pay stub or 2 years Federal tax returns if self-employed.

We will verify your income, upload your credit report to your application and submit your mortgage through the Fannie Mae Automated Underwriting System. In seconds we'll have an answer for you. It's that easy!

If you like, you can lock in our low rates for 21 days TODAY!

New changes are in effect for credit scores, cash out and loan to value's for new Purchases and Refinancing on 1-4 unit properties.

Call to find out how these new changes affect you.

Prequalification Calculator

To get a sense of how much you may be able to borrow, fill in the form below and click on the calculate button. Please note that prequalification is different from a preapproval. Prequalification gives you an estimate of how much you may be able to borrow. Preapproval, on the other hand, indicates that you have been approved for a set loan amount prior to property selection.

Monthly Income $
Monthly Debt/Payments
Include only loans that won't be paid off in 10 months
$  
Loan Terms You Desire
Interest Rate %     %
Term      Years
Down Payment (% of Sales Price)     %
Expected Taxes & Insurance
If you don't know what your property taxes and insurance will be, leave this section blank. We will estimate it for you. Otherwise, please enter your estimated taxes and insurance.
Yearly Property Tax
$  
Yearly Property Insurance
$