Outer Banks Interest Rate Update 12-28-07 from Beach Mortgage
Published December 28, 2007 by Bernie TrevillianBEACH MORTGAGE CO., INC
LOAN OFFICERS:
BOB KRAINIAK
PHONE: 252-261-2100
1-800-248-8923
FAX: 252-261-2561
E-MAIL: beach@beachmtg.com
BERNIE TREVILLIAN
RANDI EURE
JOY WHITE
NATALIE DUTT
RICK FOWLER
*****************Current Offerings as of December 28, 2007*****************
(Rate subject to change)
NEVER AN APPLICATION FEE
SUPER JUMBO ARMS
3/1 Program 5/1 Program
Interest Only
67/8+0 71/4+0
61/2+.50 7+.50
61/4+1 67/8+1
95% Primary Homes
85% 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:
7+0 63/4+0
67/8+.50 65/8+.50
63/4+1 61/2+1
*Available on Primary & Secondary Homes
** Call for LTVs
Construction / Permanent Loans
Prime + .50%
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 61/8+0 61/4+0
53/8+1 53/4+1 53/4+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 53/4+0
57/8+.50 55/8+.50
53/4+1 51/2+1
95% Primary Homes to $417,000
95% Second Homes to $417,000
***VA loan Rate- 6+ 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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