Guidelines and Banks

These numbers and rates are for information purpose and subject to change with out notice, and depended on individual client criteria.
Loan amounts up to: $1MM 60% LTV
Loan amounts from $1,001MM- $2.5MM 50% LTV
Assume the following:

700 + base credit score
Ability to show repayment
Full documented loan package with all financials
Establish depository relationship account for auto debit.
Additional .25-.375% reduction in rate for depository accounts with $100K on deposit.

Programs:
Adjustable rate programs: Fixed for 3,5 or 7 years amortizing over 30 years. After fixed rate period the program will reprice based on the One Year Treasury with a margin of 3.375%.

3/1 ARM @ 3.50% 1%/1%/6% caps ( 1% initial cap year 1/ 1% thereafter/ 6% lifetime. )
5/1 ARM @ 3.75% 2%/2%/6% caps ( 2% initial cap year 1/ 2% thereafter/ 6% lifetime.)
7/1 ARM @ 4.125% 5%/2%/5% caps (5% initial cap year 1/ 2% thereafter/ 55 lifetime.)
15 yr. fixed @ 4.375%
20 yr. fixed @ 4.875%

Also, as follows are the programs available to offer the NRAs.

5/1
7/1
10/1

ARM
ARM
ARM

4.25%
4.50%
5%

These programs are amortized at 15 or 30 years. NO prepayment penalty applies.

LTVs are up to 70% on single-family homes when second homes, and 65% on condominiums.