TOM & CYNDEE
BROWNER QUAD CITIES REAL ESTATE WITH RE/MAX
SERVING THE ENTIRE IOWA AND ILLINOIS QUAD CITIES ............................................................
DAVENPORT - BETTENDORF - ROCK ISLAND - MOLINE AND SURROUNDING COMMUNITIES
TOM & CYNDEE
BROWNER
CRS, ABR, GRI, e-PRO, CRB, MRA.
BROKER OWNERS - RE/MAX BI-STATE
SERVING IOWA & ILLINOIS
DAVENPORT - BETTENDORF - MOLINE - ROCK ISLAND AND SURROUNDING COMMUNITIES
563-388-0008 Office - 563-570-7629 Cyndee's Cell - 563-343-1092 Tom's Cell
CURRENT LOAN RATES FOR BANK OF AMERICA
Bank
of America Mortgage
Thursday November 6, 2003
The best loan for you will vary due
to your circumstances. The amount of money you put down, your credit
score, the actual time you expect to use the money borrowed, the amount of
documentation you provide, the time delay or acceleration to close necessary
to meet your needs will all determine the interest rate offered to you and the
closing cost and or interest rate that will be offered to you. The rates
given are for some of the low doc programs. For the loan options that
are for you, please contact Steve
Hill
TYPES OF LOANS AVAILABLE
Conventional/FHA
Zero Down/100% Finance Programs
Construction/One-Time
Close
Stated & No Ratio Programs
Lot
Loan/Interest Only Payments
Involuntary Unemployment Protection
Doctor/Teacher
Loan Programs
Risk Based Pricing/Flexible Discount Point
SEARCH FOR MORTGAGE RATES BEING QUOTED TODAY - JUST SEARCH MORTGAGE LOAN
http://www.bankofamerica.com/search/
CONVENTIONAL PROGRAMS |
||||||||
30 Year Fixed
|
Rate
|
Origination
|
Discount |
|
15 Year Fixed
|
Rate
|
Origination |
Discount
|
|
Loans
to $322,700 |
5.875% |
0% |
0.962% |
|
Loans
to $322,700 |
5.25% |
0% |
0.878% |
|
JUMBO FIXED RATE PROGRAMS |
||||||||
|
30
Year Fixed |
Rate |
Origination |
Discount |
|
15
Year Fixed |
Rate |
Origination |
Discount |
|
Non-Conforming |
6.0% |
0% |
0.932% |
|
Non-Conforming |
5.375% |
0% |
0.924% |
|
CONVENTIONAL ARM PROGRAMS |
||||||||
|
Program |
Rate |
Origination |
Discount |
|
Max Loan Amt |
Max LTV |
Margin |
Caps |
|
3/1 Year Arm |
4.25% |
0% |
0.862% |
|
$322,700 |
95% |
2.25 |
2/5 |
|
5/1 Year Arm |
4.875% |
0% |
1.092% |
|
$322,700 |
95% |
2.25 |
2/5 |
|
7/1 Year Arm |
5.5% |
0% |
0.866% |
|
$322,700 |
95% |
2.25 |
2/5 |
LOT LOAN PROGRAM |
||||||||
5/1 ARM
Interest only
|
Rate
|
Origination
|
Discount |
|
5% Down(1)
Max Loan Amt |
Max LTV
|
Margin |
Caps
|
|
Loans
to $322,700 |
5.625% |
0% |
.930% |
|
$300,000 |
95% |
2.25 |
2/5 |
Steve
Hill
Bank
of America Mortgage
317
6th Ave(6th & Locust)
Des
Moines, IA 50309
Desk
515-235-5964
Fax:
515-243-3435
ABOVE
QUOTES ASSUME ESCROW AND
OWNER-OCCUPIED & 30 DAY LOCKS.
ARM
programs based on 60 day locks
1)Minimum
credit score required for 5% Down is 740. Loan program has several different
parameters, ask if you need something in specific.
THESE RATES ARE FOR THE USE OF REAL ESTATE PROFESSIONALS ONLY AND NOT INTENDED FOR CUSTOMER USE. MORTGAGE RATES CHANGE DAILEY AND THE ACTUAL LOAN RATES MAY BE DIFFERENT AT THE TIME A CUSTOMER APPLIES FOR A MORTGAGE. THEREFORE, THE RATES GIVEN WERE AVAILABLE AT THE TIME POSTED BUT ARE FOR GENERAL REFERENCE ONLY. BANK AMERICA, RE/MAX Bi-STATE AND RE/MAX INTERNATIONAL MAKE NO GUARANTEES THAT THESE RATES WILL STILL BE AVAILABLE AT THE TIME A POTENTIAL CUSTOMER READS THIS.
http://www.bankofamerica.com/loansandhomes/ae/index.cfm?view=ae&ae=stephen.hill