Your payment can change annually based on changes in the interest rate.  The interest rate will be based on the weekly average yield on U.S. Treasury Securities, adjusted to a constant maturity of one year (your index) plus our margin; the result then rounded to the nearest 1/8th of 1% (.125%).  Information about the index is published weekly in the Wall Street Journal and monthly in the Federal Reserve Bulletin.  Your interest rate cannot increase or decrease more than two (2) percentage points at each adjustment.  Your interest rate cannot increase or decrease more than six (6) percentage points over the term of the loan.  You will be notified in writing at least twenty-five (25) days before the annual adjustment may be made.  This notice will contain information about your interest rates, payment amount, and loan balance.

15 Year Amortization - For example, on a $10,000, 15-year loan with an initial rate of 6.375%, the rate in effect in July 2007, the maximum amount that the interest rate can rise under this program is six (6) percentage points to 12.375%, and the monthly payment can rise from a first year payment of $86.43 to a maximum of $118.36 in the fourth year.  To see what your payment would be, divide your mortgage amount by $10,000; then multiply the monthly payment by that amount. (For example, the monthly payment for a mortgage of $60,000 would be: $60,000 divided by $10,000 = 6; 6 times $86.43 = $506.58 per month.

30 Year Amortization - For example, on a $10,000, 30-year loan with an initial rate of 6.375%, the rate in effect in July 2007, the maximum amount that the interest rate can rise under this program is six (6) percentage points to 12.375%, and the monthly payment can rise from a first year payment of $62.39 to a maximum of $104.18 in the fourth year.  To see what your payment would be, divide your mortgage amount by $10,000; then multiply the monthly payment by that amount. (For example, the monthly payment for a mortgage of $60,000 would be: $60,000 divided by $10,000 = 6; 6 times $62.39 = $374.34 per month.

Your payment can change after the initial 3-year period and annually thereafter based on changes in the interest rate.  The interest rate will be based on the weekly average yield on U.S. Treasury Securities, adjusted to a constant maturity of one year (your index) plus our margin; the result then rounded to the nearest 1/8th of 1% (.125%).  Information about the index is published weekly in the Wall Street Journal and monthly in the Federal Reserve Bulletin.  Your interest rate cannot increase or decrease more than two (2) percentage points at each adjustment.  Your interest rate cannot increase or decrease more than six (6) percentage points over the term of the loan.  You will be notified in writing at least twenty-five (25) days before the annual adjustment may be made.  This notice will contain information about your interest rates, payment amount, and loan balance.

15 Year Amortization - For example, on a $10,000, 15-year loan with an initial rate of 6.301%, the rate in effect in July 2007, the maximum amount that the interest rate can rise under this program is six (6) percentage points to 12.301%, and the monthly payment can rise from a first year payment of $86.02 to a maximum of $113.41 in the sixth year.  To see what your payment would be, divide your mortgage amount by $10,000; then multiply the monthly payment by that amount. (For example, the monthly payment for a mortgage of $60,000 would be: $60,000 divided by $10,000 = 6; 6 times $86.02 = $516.12 per month.

30 Year Amortization - For example, on a $10,000, 30-year loan with an initial rate of 6.301%, the rate in effect in July 2007, the maximum amount that the interest rate can rise under this program is six (6) percentage points to 12.301%, and the monthly payment can rise from a first year payment of $61.90 to a maximum of $101.66 in the sixth year.  To see what your payment would be, divide your mortgage amount by $10,000; then multiply the monthly payment by that amount. (For example, the monthly payment for a mortgage of $60,000 would be: $60,000 divided by $10,000 = 6; 6 times $61.90 = $371.40 per month.

Your payment can change after the initial 5-year period and annually thereafter based on changes in the interest rate.  The interest rate will be based on the weekly average yield on U.S. Treasury Securities, adjusted to a constant maturity of one year (your index) plus our margin; the result then rounded to the nearest 1/8th of 1% (.125%).  Information about the index is published weekly in the Wall Street Journal and monthly in the Federal Reserve Bulletin.  Your interest rate cannot increase or decrease more than five (5) percentage points at the first adjustment.  Your interest rate cannot increase or decrease more than two (2) percentage points at each subsequent adjustment if it has not met the cap of five (5) percent.  Your interest rate cannot increase or decrease more than five (5) percentage points over the term of the loan.  You will be notified in writing at least twenty-five (25) days before the annual adjustment may be made.  This notice will contain information about your interest rates, payment amount, and loan balance.

15 Year Amortization - For example, on a $10,000, 15-year loan with an initial rate of 6.625%, the rate in effect in July 2007, the maximum amount that the interest rate can rise under this program is five (5) percentage points to 11.625%, and the monthly payment can rise from a first year payment of $87.80 to a maximum of $108.66 in the sixth year.  To see what your payment would be, divide your mortgage amount by $10,000; then multiply the monthly payment by that amount. (For example, the monthly payment for a mortgage of $60,000 would be: $60,000 divided by $10,000 = 6; 6 times $87.80 = $526.80 per month.

30 Year Amortization - For example, on a $10,000, 30-year loan with an initial rate of 6.625%, the rate in effect in July 2007, the maximum amount that the interest rate can rise under this program is five (5) percentage points to 11.625%, and the monthly payment can rise from a first year payment of $64.03 to a maximum of $96.15 in the sixth year.  To see what your payment would be, divide your mortgage amount by $10,000; then multiply the monthly payment by that amount. (For example, the monthly payment for a mortgage of $60,000 would be: $60,000 divided by $10,000 = 6; 6 times $64.03 = $384.18 per month.

Your payment can change after the initial 7-year period and annually thereafter based on changes in the interest rate.  The interest rate will be based on the weekly average yield on U.S. Treasury Securities, adjusted to a constant maturity of one year (your index) plus our margin; the result then rounded to the nearest 1/8th of 1% (.125%).  Information about the index is published weekly in the Wall Street Journal and monthly in the Federal Reserve Bulletin.  Your interest rate cannot increase or decrease more than five (5) percentage points at the initial adjustment.  Your interest rate cannot increase or decrease more than two (2) percentage points at each subsequent adjustment if you have not met your five (5) percent cap.  Your interest rate cannot increase or decrease more than five (5) percentage points over the term of the loan.  You will be notified in writing at least twenty-five (25) days before the annual adjustment may be made.  This notice will contain information about your interest rates, payment amount, and loan balance.

15 Year Amortization - For example, on a $10,000, 15-year loan with an initial rate of 6.875%, the rate in effect in July 2007, the maximum amount that the interest rate can rise under this program is five (5) percentage points to 11.875%, and the monthly payment can rise from a first year payment of $89.19 to a maximum of $106.31 in the eighth year.  To see what your payment would be, divide your mortgage amount by $10,000; then multiply the monthly payment by that amount. (For example, the monthly payment for a mortgage of $60,000 would be: $60,000 divided by $10,000 = 6; 6 times $89.19 = $535.14 per month.

30 Year Amortization - For example, on a $10,000, 30-year loan with an initial rate of 6.875%, the rate in effect in July 2007, the maximum amount that the interest rate can rise under this program is five (5) percentage points to 11.875%, and the monthly payment can rise from a first year payment of $65.69 to a maximum of $96.38 in the eighth year.  To see what your payment would be, divide your mortgage amount by $10,000; then multiply the monthly payment by that amount. (For example, the monthly payment for a mortgage of $60,000 would be: $60,000 divided by $10,000 = 6; 6 times $65.69 = $394.14 per month.

Call for availability.

For loan amounts of $417,001 to $1,000,000.  Please contact us for the availability of loan amounts greater than $1,000,000.00.

For loan amounts of $417,001 to $1,000,000.  Please contact us for the availability of loan amounts greater than $1,000,000.00.