Current Mortage Rates as of 03/26/2010 – O’Dette Mortgage Group
Compliments of:
Teresa O’Dette & Ephraim Schwartz
Mortgage Consultants – Funding Your Future
(530) 581-5089 Tahoe City Office
(530) 582-3370 Truckee Office
Or Toll Free (800) 404-2129
Please do not hesitate to call Teresa & Ephraim.
They have provided excellent service for many of our clients over the years!
Effective Date: March 26th, 2010
| Owner Occupied Rates: | Rate | APR |
| 30 Year Fixed Conforming | 4.875% | 4.963% |
| 15 Year Fixed Conforming | 4.250% | 4.328% |
| 5 Year ARM | 3.625% | 3.819% |
| 30 Year Fixed Hi-Balance (”Conf-Jumbo”) | 5.250% | 5.346% |
| 30 Year Fixed Jumbo | 6.250% | 6.334% |
| Second Home Rates: | ||
| 30 Year Fixed Conforming | 4.875% | 4.963% |
| 30 Year Fixed Jumbo | 6.250% | 6.334% |
| Investment Home Rates: | ||
| 30 Year Fixed Conforming | 5.500% | 5.598% |
Assumptions: 740 credit score, fully documented income, 1 point origination
This information is subject to change without notice.
OMG is a MEMBER CALIFORNIA & NEVADA BROKER’S ASSOCIATIONS
OMG Broker, California Department of Real Estate, #01318558
Wells Fargo Home Morgage Rates – March 19, 2010
Rates as of March 19, 2010:
| Product | Interest Rate | APR |
| Conforming and FHA Loans | ||
| 30-Year Fixed | 4.875% | 5.065% |
| 30-Year Fixed FHA | 5.125% | 5.850% |
| 15-Year Fixed | 4.250% | 4.573% |
| 5-Year ARM | 3.750% | 3.519% |
| 5-Year ARM FHA | 3.750% | 3.342% |
| Larger Loan Amounts in Eligible Areas – Conforming and FHA | ||
| 30-Year Fixed | 5.125% | 5.264% |
| 30-Year Fixed FHA | 5.125% | 5.794% |
| 5-Year ARM | 4.125% | 3.606% |
| Jumbo Loans – Amounts that exceed conforming loan limits | ||
| 30-Year Fixed | 5.500% | 5.643% |
| 5-Year ARM | 5.000% | 3.930% |
Assumptions and APR Information – rates above require up to 1% discount fee
Leisa Peterson
Home Mortgage Consultant
New Construction Specialist
Wells Fargo Home Mortgage
MAC A0791-011
11262 Donner Pass Rd.
Truckee, CA 96161
530.582.6883 Tel
877.852.4399 Toll-free
530.448.1558 Cell
866.762.9198 Fax
Leisa.Peterson@wellsfargo.com
Current Mortgage Interest Rates as of 02/19/2010 – O’Dette Mortgage Group
Compliments of:
Teresa O’Dette & Ephraim Schwartz
Mortgage Consultants – Funding Your Future
(530) 581-5089 Tahoe City Office
(530) 582-3370 Truckee Office
Or Toll Free (800) 404-2129
Please do not hesitate to call Teresa & Ephraim.
They have provided excellent service for many of our clients over the years!
Effective Date: February 19th, 2010
Jumbo/Second Home Rates and Highlights:
Jumbo Rates as low as 5.125%, Interest Only and Fixed Rate products available, 80% loan to value to $1 million loan amount. Please call for the most up-to-date guidelines and programs.
Additional Rates:
- 30 Year Fixed Conforming: 5.000% (One Point) 5.093% APR
- 5 Year Fixed Conf – Int Only: 4.125% (One Point) 4.213% APR
- 15 Year Fixed Conforming: 4.375% (One Point) 4.446% APR
- 3 Yr Fixed Jumbo ARM – 2nd Home: 5.500% (One Point) 5.584% APR *
- 5 Year Fixed Jumbo – Int Only: 5.125% (One Point) 5.203% APR*
Assumptions: 740 credit score, fully documented income, primary residence (unless otherwise noted), 20% Down Payment, *LTV 70%
This information is subject to change without notice.
OMG is a MEMBER CALIFORNIA & NEVADA BROKER’S ASSOCIATIONS
OMG Broker, California Department of Real Estate, #01318558
95% Loan to Value on Conventional Loans Are Back in California!
We just received a mortgage rate update from one of our local home mortgage consultants, Leisa Peterson at Wells Fargo. Leisa is a great resource, please contact her for further information:
Leisa Peterson
Wells Fargo, Home Mortgage Consultant
11262 Donner Pass Road
Truckee, CA
Phone: 530-448-1558
Here’s the information that she just sent us:
95% Loan to Value on Conventional Loans are back in California!!!
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Take advantage of enhanced credit policy changes by Wells Fargo Home Mortgage
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95% financing on single family and condominium properties now allowed!
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Minimum 720 Fico for SFR and 740 Fico for Condominiums required
