Beach Mortgage Outer Banks Interest Rate Update 5-16-08
Published May 18, 2008 by Bernie Trevillian—-
From: Bernie Trevillian BEACH MORTGAGE CO., INC. 261-2100
Friday, May 16, 2008 9:09 AM
Subject: ratesheet
BEACH MORTGAGE CO., INC
LOAN OFFICERS:
PHONE: 252-261-2100
1-800-248-8923
FAX: 252-261-2561
E-MAIL: beach@beachmtg.com
BOB KRAINIAK
BERNIE TREVILLIAN
RANDI EURE
NATALIE DUTT
RICK FOWLER
*****************Current Offerings as of May 16, 2008*****************
(Rate subject to change)
NEVER AN APPLICATION FEE
SUPER JUMBO ARMS
3/1 Program 5/1 Program
Interest Only
63/4+0 71/8+0
61/2+.50 67/8+.50
63/8+1 65/8+1
95% Primary Homes
80% Secondary Homes $650,000 - $1 Million
(Please Call for Quote)
Lot Loans
· 90% LTV (80% LTV off-road)
· Interest Only Loans
· No Loan Limits
· 48 Hour Approval
· 1 Total Point ($600.00 Minimum)
· 1 Yr, 3 Yr, 5 Yr., Balloons also available
(Please call for Quotes)
(Good in Four Wheel Drive Territory)
Jumbo Loans
30 Year: 15 Year:
73/8+0 63/4+0
71/8+.50 61/2+.50
67/8+1 63/8+1
*Available on Primary & Secondary Homes
** Call for LTV’s
Construction / Permanent Loans
· Interest Only Payments
· Quick Closings
· Extended Rate Lock with Float Down
* Call for more details
ARM Loans
3/1 ARM: 5/1 ARM: 7/1 ARM:
53/4+0 61/8+0 63/8+0
51/8+1 51/2+1 55/8+1
Primary and Second Homes to 417,000
**** Call for Quotes on Jumbo ARM’S****
Investor Loans*
Fixed Rates/Arms
90% to 650,000
80% to 1,000,000
70% LTV up to 1,500,000
* Call for current rates
Conforming Loans*
30 Year: 15 Year:
6+0 51/2+0
57/8+.50 53/8+.50
53/4+1 51/4+1
95% Primary Homes to $417,000
95% Second Homes to $417,000
***VA loan Rate- 53/4+ 0 + 0 30 yr fixed***
*20 Year & 10 Year Loans Available*
Additional Programs
· 100% Primary Home Buyers
· NO Doc/ Low Doc Loans
· 80/20 No “PMI” Loans
· Pay Option Arms- 1% Rate
· 95% Second Homes!!!!!!!
CALL TODAY FOR MORE DETAILS
** ALL QUOTES ABOVE “INCLUDE” ORIGINATION FEE**
RESORT MORTGAGE SPECIALIST FOR
COASTAL CAROLINA
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