|
PROGRAM*
|
RATES**
|
DISCOUNT
POINTS***
|
APR^
|
|
30
Year Fixed Conforming
|
5.875
|
0
|
6
|
|
5.375
|
1
|
5.56
|
|
15
Year Fixed Conforming
|
5.625
|
0
|
5.75
|
|
5.375
|
1
|
5.52
|
|
7
Year Balloon
30 Year Amortization
|
5.375
|
0
|
4.88
|
|
0.0
|
1
|
0.0
|
|
3/1
ARM
|
5.375
|
0
|
5.76
|
|
|
1
|
|
|
5/1
ARM
|
5.625
|
0
|
5.812
|
|
|
1
|
|
|
7/1
ARM
|
6
|
0
|
6.218
|
|
5.5
|
1
|
5.716
|
*Assumptions
and are subject to change without notice.
***In
addition, a 1% origination fee is charged on all
loans unless otherwise specified by Alpha Mortgage.
^
APR is based on loans 80% loan-to-value or less.