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Home Equity Loan Rates
| Home Equity Lines of Credit |
| Effective 12/23/2013 |
Loan to Value
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Loan to Value
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Loan to Value
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Under 80%
|
Margin
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81-89%
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Margin
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90% and up Margin
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Rate
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Rate
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Rate
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| Loan Amounts up to $150,000 |
5.00%
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1.00%
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5.25%
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1.50%
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5.50%
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2.00%
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| Prime Rate 3.25% Prime Rate as of 12/16/08 MariSol Floor Rate is 5% |
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This is a variable rate loan based on a margin plus the Wall Street Journal Prime Rate. The rate changes January 1 and July 1. Maximim interest rate is 16%. There are no closing costs or annual fee. Rate is dependent on credit and loan to value. There is a five year draw with a 10 year repayment. Payment is 1.25% on highest balance - for $40,000 that is $500. Arizona owner occupied properties only. |
| 15 year Fixed rate mortgage |
| Effective 12/23/2013 |
Loan to
Value |
Loan to
Value |
Loan to
Value |
| |
Under 80%
|
81-89%
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90%-95%
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Rate
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Rate
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Rate
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Loan Amounts up to $350,000
|
4.250%
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4.500%
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4.750%
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| 10 year Fixed rate mortgage |
| Effective 12/23/2013 |
Loan to
Value |
Loan to
Value |
Loan to
Value |
| |
Under 80%
|
81-89%
|
90%-95%
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Rate
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Rate
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Rate
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Loan Amounts up to $350,000
|
3.875%
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4.125%
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4.375%
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| 30 Year Fixed NHS/ Desert Mission Self PMI Loan |
| Effective 12/23/2013 |
Loan to
Value |
Loan to
Value |
Loan to
Value |
| |
Under 80%
|
81-89%
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90%-97%
|
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Rate
|
Rate
|
Rate
|
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4.875%
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5.125%
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5.125%
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Arizona owner occupied properties only.
NHS loans are loans that are processed through NHSPhoenix at www.nhsphoenix.org
There are additional underwriting requirements for NHS Loans, please contact a Loan Officer at 602-258-1659 NHS or MariSol at 602-252-6831 |
* Rates are subject to change without notice and any mortgage rate quoted is not firm
until it is locked in by writing.
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