Outer Banks Real Estate Sales

800-647-1868

OBX Mortgage Rate Update

Published June 27, 2008 by Bernie Trevillian

BEACH MORTGAGE CO., INC

LOAN OFFICERS:
BOB KRAINIAK
BERNIE TREVILLIAN
RANDI EURE
NATALIE DUTT
RICK FOWLER

*****************Current Offerings as of June 27, 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
61/8+1 61/2+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:

73/4+0 73/8+0
75/8+.50 71/4+.50
71/2+1 71/8+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:

57/8+0 63/8+0 61/2+0
51/2+1 57/8+1 61/8+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:
63/8+0 6+0
61/4+.50 57/8+.50
61/8+1 53/4+1
95% Primary Homes to $417,000
95% Second Homes to $417,000
***VA loan Rate- 63/8+ 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

Orlando We Buy Houses (1 comments.) says:

Rates are awesome, it is just the qualifying that is an issue. FHA seems to be the only way to go for someone without perfect credit these days.
I am looking for a second home in Brevard NC.



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