Outer Banks Community Forum

OBX Mortgage Rate Update
BEACH MORTGAGE CO., INC

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

*****************Current Offerings as of April 29, 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 LTVs

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 ARMS****
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