OBX Interest Rate Update 3-27-09
For business and professional use only. Not for consumer distribution.All loans subject to approval. Certain restrictions may apply. Mortgage financing provided by MetLife Home Loans, a
division of MetLife Bank, NA. Equal Housing Lender. ©2008 METLIFE, INC .
Shane Cook
Senior Mortgage Specialist
800-256-7887/Cell 252-207-2665
“A pre-qualification you can trust”
Total Loan Denial Letters Issued After Pre-qualification
2005, 2006, 2007, 2008, 2009YTD: 0
Quotes listed below are for 30 day locks. Interest Rates posted are for rates quoted on 3/27/2009
Conforming: loan amount less than $417,000
30 Year Fixed: 4.375% 1 Origination
30 Year Fixed: 4.75% No Origination
20 Year Fixed: Doesn’t Make Sense
15 Year Fixed: 4.25% 1 Origination
10 Year Fixed: 4.125% 1 Origination
3 Year ARM: 3.875% 1 Origination
5 Year ARM: 4.125% 1 Origination
Jumbo Conforming Loans: above $417,000 in high cost areas, up to $458,850 in Currituck
30 Year Fixed: 4.625% 1 Origination
30 Year Fixed: 4.875% No Origination
15 Year Fixed: 4.25% 1 Origination
15 Year Fixed: 4.625% No Origination
97% and 100% Financing Government Loans: Primary Residences Only
VA 30 Year Fixed: 5.0% No Origination
FHA 97% Financing: 5.0% No Origination
Farmers Home (USDA): 5.125% No Origination
Jumbo Loans: Primary Residences and Second Homes. Up to $3,000,000
5 Year ARM: 5.25% 1 Origination
7 Year ARM: 5.5% 1 Origination
10 Year ARM: 5.625% 1 Origination
15 Year Fixed: 5.75% 1 Origination
30 Year Fixed 6.25% 1 Origination
Shane Cook
Senior Mortgage Specialist
6445B North Croatan Highway
Kitty Hawk, NC 27949
(Office) 800-256-7887
Sfcook@metlifehomeloans.com
www.obxlender.com
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