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Thursday, August 20, 2009

Today's Mortgage Rates from Midtown Mortgage


We received an e-mail from one of our preferred business partners today. The e-mail is below is from Bill Robbins from Midtown Mortgage located here in Mobile, Alabama.
Government:Rate - ARP
30 FHA/VA:4.875%-5.719%
15 FHA/VA:4.500%-5.635%
203K:5.250%-6.116%
100% USDA:5.250%-5.725%
FHA 2/1:5.500%-6.175%
No Score(USDA):5.625%-6.111%
Conventional:Rate - ARP
30/25/20 yr Fix:4.875%-5.471%
15/10 yr Fix:4.375%-4.975%
Jumbo Fix(>417000):6.125%-7.079%
Jumbo 3/1:5.250%-6.234%
Jumbo 5/1:5.375%-6.357%

We can do USDA down to a 550 score and no credit scores. We do 203K Streamline and USDA/FHA repair escrows.

All rates and APR’s subject to change, and are based on a sales price of $135,000 (except Jumbo). Rates and APR’s vary based on credit approval, credit score, LTV, loan amount, and purpose.

Bill can be reached at his office at (251) 344-4022 or on his cell phone at (251) 753-0042. Click here to send Bill an E-Mail. Click here to see Midtown Mortgage website.

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