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The conforming rates are based on loan amounts of
$417,000 or below. The jumbo rates are based on loan
amounts greater than $417,000. All listed rates are
applicable to single family, owner occupied, primary
residences only.
THE RATES PUBLISHED ON THIS PAGE ARE APPLICABLE ONLY TO
REQUESTS RECEIVED FROM THIS
SITE OR BY CALLING
1-888-213-4222. THEY ARE SUBJECT TO CHANGE
WITHOUT NOTICE. IN ORDER TO RECEIVE A GUARANTEED RATE,
YOU MUST HAVE SUBMITTED AN APPLICATION AND RECEIVED A
VERBAL CONFIRMATION FROM A LOAN OFFICER THAT YOUR
APPLICATION HAS BEEN RECEIVED AND YOUR DESIRED RATE
LOCKED. MINNESOTA RESIDENTS MUST RECEIVE A WRITTEN
CONFIRMATION AS REQUIRED BY
MN STATUTE 47.206*.
*This statement of current loan terms and conditions is
not an offer to enter into an interest rate or discount
point agreement. Any such offer may be made only
pursuant to subdivisions 3 and 4 of Minnesota Statutes
Section 47.206.
The rates assume a 20% down payment and an anticipated
lock period and closing date of 45-60 days out. Discount
points vary depending on Loan-to-Value, occupancy status
and multi units. Shorter lock periods and lower rates
are available on home purchases. The APR calculation
assumes a loan amount of $100,000, 0.50% estimated
borrower paid finance charges, plus origination and
discount points if applicable.
Loan Payment Examples
Rates as of 09/08/2010
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