| Note: I have put lender rebates in red for emphasis. | |||||||||||
| Every rate in parentheses should be in red also. | |||||||||||
| CONFORMING CONVENTIONAL | |||||||||||
| CONFORMING 30YR FIXED | CONFORMING 20YR FIXED | CONFORMING 15YR FIXED | |||||||||
| 60D lock add | 0.25 | to 30D | 60D lock add | 0.25 | to 30D | 60D lock add | 0.219 | to 30D | |||
| RATE | 15 DAY | 30 DAY | 45 DAY | RATE | 15 DAY | 30 DAY | 45 DAY | RATE | 15 DAY | 30 DAY | 45 DAY |
| 5.375 | 3.238 | 3.332 | 3.457 | 5.625 | 1.901 | 1.995 | 2.120 | 5.000 | 2.431 | 2.493 | 2.618 |
| 5.500 | 2.624 | 2.718 | 2.843 | 5.750 | 1.359 | 1.453 | 1.578 | 5.125 | 1.906 | 1.968 | 2.093 |
| 5.625 | 2.040 | 2.134 | 2.259 | 5.875 | 0.856 | 0.950 | 1.075 | 5.250 | 1.414 | 1.476 | 1.601 |
| 5.750 | 1.447 | 1.541 | 1.666 | 6.000 | 0.453 | 0.547 | 0.672 | 5.375 | 0.922 | 0.984 | 1.109 |
| 5.875 | 0.886 | 0.980 | 1.105 | 6.125 | (0.035) | 0.059 | 0.184 | 5.500 | 0.432 | 0.494 | 0.619 |
| 6.000 | 0.337 | 0.431 | 0.556 | 6.250 | (0.452) | (0.358) | (0.233) | 5.625 | 0.038 | 0.100 | 0.225 |
| 6.125 | (0.210) | (0.116) | 0.009 | 6.375 | (0.798) | (0.704) | (0.579) | 5.750 | (0.416) | (0.354) | (0.229) |
| 6.250 | (0.698) | (0.604) | (0.479) | 6.500 | (1.166) | (1.072) | (0.947) | 5.875 | (0.928) | (0.866) | (0.741) |
| 6.375 | (1.122) | (1.028) | (0.903) | 6.625 | (1.463) | (1.369) | (1.244) | 6.000 | (1.403) | (1.341) | (1.216) |
| 6.500 | (1.531) | (1.437) | (1.312) | 6.750 | (1.970) | (1.876) | (1.751) | 6.125 | (1.842) | (1.780) | (1.655) |
| 6.625 | (1.908) | (1.814) | (1.689) | 6.875 | (2.383) | (2.289) | (2.164) | 6.250 | (2.243) | (2.181) | (2.056) |
| 6.750 | (2.252) | (2.158) | (2.033) | 7.000 | (2.646) | (2.552) | (2.427) | 6.375 | (2.604) | (2.542) | (2.417) |
| 6.875 | (2.598) | (2.504) | (2.379) | 7.125 | (2.825) | (2.731) | (2.606) | 6.500 | (2.988) | (2.926) | (2.801) |
| CONFORMING 3/1 TREASURY | CONFORMING 5/1 TREASURY | CONFORMING 7/1 TREASURY | |||||||||
| 2.750 Mgn; 2/2/6 Caps | 2.750 Mgn; 5/2/5 Caps | 2.750 Mgn; 5/2/5 Caps | |||||||||
| 60D lock add | 0.156 | to 30D | 60D lock add | 0.156 | to 30D | 60D lock add | 0.188 | to 30D | |||
| RATE | 15 DAY | 30 DAY | 45 DAY | RATE | 15 DAY | 30 DAY | 45 DAY | RATE | 15 DAY | 30 DAY | 45 DAY |
| 5.125 | 1.447 | 1.541 | 1.634 | 5.500 | 0.304 | 0.429 | 0.522 | 5.250 | 2.005 | 2.130 | 2.224 |
| 5.250 | 1.084 | 1.178 | 1.271 | 5.625 | (0.112) | 0.013 | 0.106 | 5.375 | 1.516 | 1.641 | 1.735 |
| 5.375 | 0.724 | 0.818 | 0.911 | 5.750 | (0.461) | (0.336) | (0.243) | 5.500 | 1.029 | 1.154 | 1.248 |
| 5.500 | 0.428 | 0.522 | 0.615 | 5.875 | (0.775) | (0.650) | (0.557) | 5.625 | 0.545 | 0.670 | 0.764 |
| 5.625 | 0.135 | 0.229 | 0.322 | 6.000 | (1.082) | (0.957) | (0.864) | 5.750 | 0.124 | 0.249 | 0.343 |
| 5.750 | (0.123) | (0.029) | 0.064 | 6.125 | (1.382) | (1.257) | (1.164) | 5.875 | (0.293) | (0.168) | (0.074) |
| 5.875 | (0.345) | (0.251) | (0.158) | 6.250 | (1.704) | (1.579) | (1.486) | 6.000 | (0.644) | (0.519) | (0.425) |
| 6.000 | (0.592) | (0.498) | (0.405) | 6.375 | (1.891) | (1.766) | (1.673) | 6.125 | (0.990) | (0.865) | (0.771) |
| 6.125 | (0.833) | (0.739) | (0.646) | 6.500 | (2.038) | (1.913) | (1.820) | 6.250 | (1.329) | (1.204) | (1.110) |
| 6.250 | (1.035) | (0.941) | (0.848) | 6.625 | (2.149) | (2.024) | (1.931) | 6.375 | (1.662) | (1.537) | (1.443) |
| 6.375 | (1.199) | (1.105) | (1.012) | 6.750 | (2.222) | (2.097) | (2.004) | 6.500 | (1.862) | (1.737) | (1.643) |
| 6.500 | (1.234) | (1.140) | (1.047) | 6.875 | (2.262) | (2.137) | (2.044) | 6.625 | (1.930) | (1.805) | (1.711) |
| CONFORMING 3/1 LIBOR | CONFORMING 5/1 LIBOR | CONFORMING 10/1 TREASURY | |||||||||
| 2.250 Mgn; 2/2/6 Caps | 2.250 Mgn; 5/2/5 Caps | 2.750 Mgn; 5/2/5 Caps | |||||||||
| 60D lock add | 0.156 | to 30D | 60D lock add | 0.156 | to 30D | 60D lock add | 0.188 | to 30D | |||
| RATE | 15 DAY | 30 DAY | 45 DAY | RATE | 15 DAY | 30 DAY | 45 DAY | RATE | 15 DAY | 30 DAY | 45 DAY |
| 5.375 | 1.322 | 1.416 | 1.509 | 5.625 | (0.112) | 0.013 | 0.106 | 5.875 | 0.332 | 0.457 | 0.551 |
| 5.500 | 0.959 | 1.053 | 1.146 | 5.750 | (0.461) | (0.336) | (0.243) | 6.000 | (0.107) | 0.018 | 0.112 |
| 5.625 | 0.599 | 0.693 | 0.786 | 5.875 | (0.775) | (0.650) | (0.557) | 6.125 | (0.509) | (0.384) | (0.290) |
| 5.750 | 0.303 | 0.397 | 0.490 | 6.000 | (1.082) | (0.957) | (0.864) | 6.250 | (0.840) | (0.715) | (0.621) |
| 5.875 | 0.010 | 0.104 | 0.197 | 6.125 | (1.382) | (1.257) | (1.164) | 6.375 | (1.162) | (1.037) | (0.943) |
| 6.000 | (0.248) | (0.154) | (0.061) | 6.250 | (1.704) | (1.579) | (1.486) | 6.500 | (1.350) | (1.225) | (1.131) |
| 6.125 | (0.501) | (0.407) | (0.314) | 6.375 | (1.891) | (1.766) | (1.673) | 6.625 | (1.529) | (1.404) | (1.310) |
| 6.250 | (0.749) | (0.655) | (0.562) | 6.500 | (2.038) | (1.913) | (1.820) | 6.750 | (1.578) | (1.453) | (1.359) |
| 6.375 | (0.989) | (0.895) | (0.802) | 6.625 | (2.149) | (2.024) | (1.931) | 6.875 | (1.621) | (1.496) | (1.402) |
| 6.500 | (1.191) | (1.097) | (1.004) | 6.750 | (2.222) | (2.097) | (2.004) | 7.000 | (1.662) | (1.537) | (1.443) |
| 6.625 | (1.293) | (1.199) | (1.106) | 6.875 | (2.262) | (2.137) | (2.044) | 7.125 | (1.705) | (1.580) | (1.486) |
| FICO >=700<730 (FRM, 7/1, 10/1 ARMs) | 0.250 | ||||||||||
| Condo | 0.250 | ||||||||||
| 1 unit 2nd Home | 0.000 | ||||||||||
| Conventional Conforming Adjusters | |||||||||||
| Multiple adjusters can apply, Only loans complying with | |||||||||||
| Section 100 of the Broker Guide are permitted | |||||||||||
| Investment Property LTV <= 50% | FRM/ARM | 0.500 | |||||||||
| Investment Property LTV >50% <= 75% | FRM/ARM | 1.000 | |||||||||
| Investment Property LTV >75% <= 80% | FRM/ARM | 2.000 | |||||||||
| Investment Property LTV >80% <= 90% | FRM/ARM | 2.500 | |||||||||
| Cash-Out >70% <= 80% | FRM/ARM | 0.500 | |||||||||
| Cash-Out >80% <= 90% | FRM/ARM | 0.750 | |||||||||
| 2 Unit Second Home Cash-Out Refi <= 80% | FRM/ARM | 0.500 | |||||||||
| Secondary Financing 75/20/5, 80/15/5 & 90/5/5 | FRM/ARM | 0.250 | |||||||||
| Sec. Fin. 80/20 | FRM & 5/1,7/1,10/1 ARM | 1.250 | |||||||||
| Secondary Financing 90/10 W/FICO<700 | FRM & 5/1,7/1,10/1 ARM | 1.000 | |||||||||
| Secondary Financing 90/10 W/FICO >=700 | FRM & 5/1,7/1,10/1 ARM | 0.500 | |||||||||
| LTV >90% <= 95% | 6 Mo LIBOR, 1yr, 3/1 and 5/1 ARM | 0.250 | |||||||||
| Affordable Gold ALT 97, ALT 97 & Flex 97 18% MI | FRM | 1.500 | |||||||||
| Affordable Gold ALT 97, Flex 97 & ALT 97 35% MI | FRM | 0.500 | |||||||||
| MISCELLANEOUS ADJUSTMENTS | |||||||||||
| Manuf. Homes FRM,7/1 & 10/1 ONLY (No Singlewide) | 1.500 | ||||||||||
| 15-year FRM w/ 120-month term | FRM | 0.250 | |||||||||
| Non-escrowed | ARM/FRM | 0.250 | |||||||||
| (except CA, IA, IL, MN, NJ, NY, OR, TN) | |||||||||||
| Temporary buydowns>80% LTV w/no MI | 1.000 | ||||||||||
| California CRA Incentive Purchase | FRM/ARM | (1.500) | |||||||||
| Hawaii Loans | (0.250) | ||||||||||
| All Other Out Of State Loans (licensed only) | Call Priceline | ||||||||||
| INTEREST ONLY ADJUSTERS | |||||||||||
| 3/1 & 5/1 LIBOR & Treasury | 0.250 | ||||||||||
| 7/1, 10/1 ARMs | 0.250 | ||||||||||
| CONVENTIONAL LOAN LIMITS | |||||||||||
| California | Hawaii | ||||||||||
| 1 Unit | $359,650 | $539,475 | |||||||||
| 2 Unit | $460,400 | $690,600 | |||||||||
| 3 Unit | $556,500 | $834,750 | |||||||||
| 4 Unit | $691,600 | $1,037,400 | |||||||||
| A-MINUS PRICING ADJUSTMENTS | |||||||||||
| >60 | >75 | >90 | >95 | ||||||||
| FICO/LTV | <=60 | <=75 | <=90 | <=95 | <=100 | ||||||
| >=700 | 0.500 | 0.500 | 0.500 | 0.500 | 0.500 | ||||||
| 660-699 | 0.500 | 0.500 | 1.500 | 1.000 | 1.000 | ||||||
| 620-659 | 0.500 | 1.500 | 2.750 | 1.500 | 1.500 | ||||||