Current Rates

Loan Term 30 yrs fixed 15 yrs fixed 10 yrs fixed 5/1 ARM 7/1 ARM
Interest

Rate

PointsCredit

%Credit $*

Closing Cost

Net Cost/Rebate

3.375%

0

-1.000%

-$3,500.00

$2,200.00

($1,300.00)

2.750%

0

-1.125%

-$3,937.50

$2,200.00

($1,737.50)

2.750%

0

-1.500%

-$5,250.00

$2,200.00

($3,050.00)

2.875%

0

-0.625%

-$2,187.50

$2,200.00

$12.50

3.000%

0

-0.625%

-$2,187.50

$2,200.00

$12.50

* if negative, it’s essentially a rebate

Interest rate quote is based on the loan characteristics listed below:

  1. Loan amount = $350,000, single family, Owner-Occupied, no cash out refinance, Credit score>740, Loan to Value <=75%, no Home equity line of credit.
  2. A 30-day lock assumption is used.
  3. Credit is calculated as % of loan amount.
  4. Rates are subject to change anytime prior to lock.
  5. Closing cost $2200 breakdown: Underwriting fee $705-$945, Appraisal fee $500, Recording fee $175, Courtier $45, Lender’s title insurance $525, Attorney fee $250.

Please contact us:

Jessie Chen Owner MLO#7505 Jadia Mortgage LLC MB #5996
2285 Mass Ave, Suite 204 Cambridge MA 02140
Jessie@jadiamortgage.com Office: 617.500.0726

Cell: 617.680.8828

Fax: 617.810.8020

 

Leave a Reply

Your email address will not be published. Required fields are marked *