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Mortgage Rates
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Home Equity Lines of Credit |
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Effective 08/26/16 |
Loan to Value
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Loan to Value
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Loan to Value
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Under 80%
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Margin
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81-89%
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Margin
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90%-95% Margin
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Rate and APR
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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 3.50% Prime Rate as of 12/17/15 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 is adjusted on January 1 and July 1 of each year. Maximum interest rate is 16% (ceiling rate). Minimum interest rate is 5% (Floor rate). There are no closing costs or annual fee. Borrower must pay for appraisal at the time it is ordered by MariSol. There is a five year draw period, then a 10 year repayment. Payment is 1.50% of the balance - for $40,000 that is $600. Arizona owner occupied properties only.
Home Equity Disclosure for 2015 |
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15 Year Fixed Rate Mortgage |
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Effective 08/26/16 |
Loan to Value
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Loan to Value
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Loan to Value
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Under 80%
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81-89%
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90% and up
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Rate
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APR with 1% origination fee |
Rate
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APR with 1% origination fee |
Rate
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APR with 1% origination fee |
Loan Amounts $15,000 to $150,000
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4.250%
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4.426%
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4.500%
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4.678%
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4.750%
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4.929%
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Loan for Arizona owner occupied homes only. Rate for first or second lien position.
The interest rates, annual percentage rates (APR's), origination fee and discount points shown are subject to change without notice. Your APR will vary based on your final loan amount and finance charges. Your application does not constitute a rate lock. An escrow account may be required.
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30 Year Fixed - Pay Your self Mortgage |
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Effective 08/26/16 |
Loan to Value
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Loan to Value
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Loan to Value
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Loan Amounts $20,000 to $400,000
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Under 80%
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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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APR with 1% origination fee |
Rate
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APR with 1% origination fee |
Rate
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APR with 1% origination fee |
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3.875%
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4.007%
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4.125%
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4.259%
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4.375%
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4.51%
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Maricopa County owner occupied properties only. Ask a MariSol Loan Officer for income guidelines on this loan product.
The interest rates, annual percentage rates (APR's), origination fee and discount points shown are subject to change without notice. Your APR will vary based on your final loan amount and finance charges. Your application does not constitute a rate lock. An escrow account may be required.
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* 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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