The interest rates below are from varies lenders and are for information purposes only, the actual interest rate you would recevie would be determine from an actual application and verification of credit, etc.
****** This information is intended for real estate professionals, and is not intended for distribution to consumers. Rates are subject to change with out notice. ******
Please pass this site on to others and call me Denis 850-685-4014 or email dgagnon@topproducer.com me any questions, thanks and enjoy this site
Interest rates are at the lowest in the last 5 years!!!!.
04/13/2009
Subject: NOLA Lendings Rates for Monday, April 13, 2009
Conv 30 yr fixed: 4.500%
Conv 15 yr fixed: 4.250%
FHA 30 yr fixed: 4.500%
RD 30 yr fixed: 5.000%
*All rates include a 1% origination fee.
Justin Honeycutt
Loan Officer
850-687-0883 cell
985-612-1179 fax
jh@nolalending.com
NOLA Lending Group 151 Regions Way, Suite 4A Destin, FL 32541
04/01/2009
These are words from the mortgage market guide about our rates and future rates. This is good information to pass on to your "on the fence" buyers….
Interesting note that supports our views on the unlikelihood of rates
moving much lower - last Friday, Jack Koskinen, interim chief
executive of Freddie Mac, said that home loan rates are near the
bottom and that any further decreases will be small. Mr. Koskinen
commented on mortgage rates after he attended the meeting between
President Obama and the CEO's of the financial services companies
on Capitol Hill. Perfect opportunity to get the word out to clients who
are sitting on the fence waiting for that 4% rate...now is the time to
purchase or refinance as rates are at historically low levels, and not
likely to move much lower.
Wendy Kotowske
Home Mortgage Consultant
Wells Fargo Home Mortgage
(850) 269-5803 Tel
800-870-4497 Toll-free
850-499-1336 Cell
866-608-9271 Fax
I can do loans in all 50 states.
Wendy.Kotowske@wellsfargo.com email address
www.wfhm.com/wendy-kotowske website
03/26/09
Subject: NOLA Rates--4.500% today!
On a Conventional Loan, NOLA can do as good as 4.500% today on a 30 yr Fixed (this is with a 1% origination fee).
Other rates:
15 yr fixed 4.375%
FHA 30 yr 4.75% (1 point), 5.000% (0 points)
There is no better time to REFINANCE than right now. If YOU or someone you know may be interested, please give me a call so we can lock you in at these all-time low rates!!
Best regards,
Justin Honeycutt
850-687-0883 cell
985-612-1179 fax
jh@nolalending.com
NOLA Lending Group 151 Regions Way, Suite 4A Destin, FL 32541
03/11/2009
Rates Start as Low as 5.75% (as of 2/3/09) up to 80% LTV*
Good for Primary Homes and 2nd Homes.
NO Hit to Rate for Condos or Condotels
(750 min Sq. Ft. – Minimum Kitchen requirements apply – terms for smaller units and hotel conversions are more restrictive – 60% LTV max)
* Declining markets and resort areas -5% off LTV
Same rates $50,000 to $650,000 – 5 and 3 year ARMS
No prepayment penalties
Call me Denis 850-685-4014 for lender info, thanks
more below
February 5, 2009
Rates are quoted with ZERO origination fees!
Loan Programs/Rates:
30 Year Fixed: 5.250% 0/0
4.750% 0/1
15 Year Fixed: 4.875% 0/0
4.500% 0/1
VA 30 Yr. Fixed: 5.000% 0/0
4.750% 1.625%pts
100% Financing! In house underwriting!
Close with in days! Lower than USAA!
RD 30 Yr. Fixed: 5.000% 0/0
Up to 102% Financing of Appraisal!
Lender Credit available!
Rates are subject to change without notice.
Rates quoted are based on a loan amount of $180,000+,
and may differ depending on loan amount, credit score, loan-to-value, etc.
Please call for an exact quote.
Thank You!
Â
Stacy Holland
Loan Officer
Mortgage One of the South
877-711-0411
850-936-4075
Fax: 850-515-0477
www.mortgage1one.com
1/27/2009
Dear agents,
Sue Botelho
Loan Officer/Branch Manager
Northstar Mortgage Group, LLC
Destin, FL 850-362-6901
01/08/2009
Rates are quoted with ZERO origination fees!
Loan Programs/Rates:
30 Year Fixed: 4.750% 0/0
4.500% 0/1
90% Max Financing Now!
15 Year Fixed: 4.500% 0/0
VA 30 Yr. Fixed: 4.875% 0/0
4.750% 0/1
100% Financing! In house underwriting!
Close with in days! Lower than USAA!
RD 30 Yr. Fixed: 4.875% 0/0
4.625% 0/1
Up to 102% Financing of Appraisal!
Lender Credit available!
Rates are subject to change without notice.
Rates quoted are based on a loan amount of $180,000+,
and may differ depending on loan amount, credit score, loan-to-value, etc.
Please call for an exact quote.
Thank You!
Stacy Holland
Loan Officer
Mortgage One of the South
877-711-0411
850-936-4075
Fax: 850-515-0477
www.mortgage1one.com
01/05/2009
Subject: Today's Rates
January 5, 2009
Rates are quoted with ZERO origination fees!
Loan Programs/Rates:
30 Year Fixed: 5.000% 0/0
4.750% 0/1
90% Max Financing Now!
15 Year Fixed: 4.625% 0/0
VA 30 Yr. Fixed: 5.000% 0/0
4.750% 0/1
100% Financing! In house underwriting!
Close with in days! Lower than USAA!
RD 30 Yr. Fixed: 5.000% 0/0
4.750% 0/1
Up to 102% Financing of Appraisal!
Lender Credit available!
Rates are subject to change without notice.
Rates quoted are based on a loan amount of $180,000+,
and may differ depending on loan amount, credit score, loan-to-value, etc.
Please call for an exact quote.
Thank You!
Stacy Holland
Loan Officer
Mortgage One of the South
877-711-0411
850-936-4075
Fax: 850-515-0477
www.mortgage1one.com
12/17/2008
Rates are down, below 5%!
My rates are all quoted WITH OUT an origination fee, we do not charge on our loans unless they want to buy their rate down. Here you go!
Rates are quoted with ZERO origination fees!
Loan Programs/Rates:
30 Year Fixed: 4.750% 0/0
4.375% 0/1
90% Max Financing Now!
15 Year Fixed: 4.625% 0/0
VA 30 Yr. Fixed: 4.875% 0/0
4.500% 0/1
100% Financing! In house underwriting!
Close with in days! Lower than USAA!
RD 30 Yr. Fixed: 4.875% 0/0
4.500% 0/1
Up to 102% Financing of Appraisal!
Rates are subject to change without notice.
Rates quoted are based on a loan amount of $180,000+,
and may differ depending on loan amount, credit score, loan-to-value, etc.
Please call for an exact quote.
Thank You!
Stacy Holland
Loan Officer
Mortgage One of the South
877-711-0411
850-936-4075
Fax: 850-515-0477
www.mortgage1one.com
12/15/2008
30 Year Fixed: 5.000% 0/0 * 4.750% 0/1
90% Max Financing Now!
15 Year Fixed: 4.750% 0/0
VA 30 Yr. Fixed: 5.000% 0/0 * 4.750% 0/1
100% Financing! In house underwriting!
Close with in days! Lower than USAA!
RD 30 Yr. Fixed: 5.000% 0/0 * 4.750% 0/1
Up to 102% Financing of Appraisal!
Lender Credit available!
Rates are subject to change without notice.
Rates quoted are based on a loan amount of $180,000+,
and may differ depending on loan amount, loan-to-value, etc.
Please call for an exact quote.
Stacy Holland
Toll Free: 877-711-0411
Local: 850-936-4075
stacyh@fnbt.com
www.mortgage1one.com
12/12/2008
NOLA Lending’s rates for Friday, December 12
30 yr fixed 4.875%
FHA 30 yr fixed 5.000%
RD 30 yr fixed 5.500%
15 yr fixed 4.750%
*All rates include a 1% origination fee, except RD
Justin Honeycutt
Loan Officer
850-837-3050 office
850-687-0883 cell
985-612-1179 fax
jh@nolalending.com
NOLA Lending Group 151 Regions Way, Suite 4A Destin, FL 32541
12/10/2008
Interest rates for VA and convential financing at 5.0% 0/0
Call us to get lender contacts today!
Watch these rates! Good time to refinance!
If you have been waiting for lower rates to refinance, you may want to consider this. For a rate/term refi (no cash out) on a primary residence, single-family detached, these are the current quotes for a conforming conventional loan:
30 year fixed 4.875% (min. score of 740)
5.000% (min. score of 680)
15 year fixed 5.000% (min. score of 740)
5.125% (min. score of 680)
Loan to value 75% or less. Min. loan of $200,000 up to $417,000.
Some rates may be even lower on Purchase transactions. Call for this and quotes on other scenarios.
Rates are subject to change at any time.
Rate Lock Information: Realize that it is your responsibility to contact your Loan Officer to obtain quotes and lock your rate. Rate locks are subject to review and approval of the proposed property, income, and credit of borrower(s). All rates discussed are not automatically locked. Once your mortgage is locked, your interest rate, origination and discount point structure will not change until the lock agreement expires. Upon expiration of the lock agreement, Destinfirst Bank reserves the right to extend your lock based on the original lock agreement or current market rates, whichever is higher. Change in property will automatically void your lock agreement.
Jallen Dixon Destin First Bank
850-830-3371
jdixon@destinfirstbank.com
12/09/2008
Have you taken the time lately to look at your own mortgage??!!! Rates on a 30 year fixed for a no cash out refinance are as low as 5.25%! Wouldn't it be great, in times like these, to have a lower mortgage payment! Call me to see what I can do for YOU!
Bonnie Manthey
Home Loan Consultant
850-585-3860 - cell
Countrywide Bank, FSB
Bonnie_Manthey@countrywide.com
The Treasury Dept is considering having Fannie Mae and Freddie Mac lower the interest rates to 4.5%. As you all know, (from Sue Botelho) I make a point of keeping up to date with what is going on in the financial sector and am even being interviewed by national publications, including the Wall Street Journal, as an expert.
I wanted to send you some links to articles that talk about this so that you can see what your clients are reading
http://online.wsj.com/article/SB122833771718976731.html
http://www.washingtonpost.com/wp-dyn/content/article/2008/12/03/AR2008120302889.html?hpid=topnews
http://www.chron.com/disp/story.mpl/business/6145393.html
http://www.bloomberg.com/apps/news?pid=20601103&sid=a0IsCAPhuJII&refer=news
http://www.slate.com/id/2206017/
http://www.homeloanbasics.com/news/Lobbyists-requesting-lower-interest-rates/
Sue Botelho
Loan Officer/Branch Manager
Northstar Mortgage Group, LLC
Destin, FL
850-362-6901
904-212-1641 (fax)
.
12/08/2008
Mortgage rates continue to be attractive after the most recent dip. For loans between $150,000 - $417,000, rates are in the low 5% for 30 year fixed rate mortgages on single family residences. Most jumbo loans are under 7%.
850-269-1201 850-830-3371
12/05/2008
Loan Programs/Rates:
30 Year Fixed: 5.375% 0/0
5.000% 0/1
90% Max Financing Now!
15 Year Fixed: 5.125% 0/0
VA 30 Yr. Fixed: 5.375% 0/0
5.125% 0/1
100% Financing! In house underwriting!
Close with in days! Lower than USAA!
RD 30 Yr. Fixed: 5.500% 0/0
5.250% 0/1
Up to 102% Financing of Appraisal!
Lender Credit available!
Rates are subject to change without notice.
Rates quoted are based on a loan amount of $180,000+,
and may differ depending on loan amount, loan-to-value, etc.
Please call for an exact quote.
Stacy Holland
Toll Free: 877-711-0411
Local: 850-936-4075
stacyh@fnbt.com www.mortgage1one.com
12/04/2008
We have seen 30 year fixed at 4.875!! Call us or your lender now.
12/01/08
NOLA Lendings rates for Monday, December 1
30 yr fixed 5.125%
FHA 30 yr fixed 5.375%
RD 30 yr fixed 5.500%
15 yr fixed 4.875%
*All rates include a 1% origination fee, except RD
Justin Honeycutt
Loan Officer
850-837-3050 office
850-687-0883 cell
985-612-1179 fax
jh@nolalending.com
NOLA Lending Group 151 Regions Way, Suite 4A Destin, FL 32541
11/25/2008
Conv. 30 yr. 5.500% 0/0!
VA 30 yr. 5.500% 0/0!
RD 5.375% 0/0!
Stacy Holland Loan Officer
877-711-0411 850-936-4075
Fax: 850-515-0477 www.mortgage1one.com
11/13/2008
11/24/2008
Rural Development (this is Ft. Walton Beach, Navarre, Destin and Sandestin, Crestview, call now to see where) today is at 5.375%, or 5.500% with a lender credit to the buyer of up to $1200!!! This is with no points and no origination fees!! We can do this on a 60 day lock, so if you have any buyers looking to go Rural Development and close within the next 60 days, have them call me today!
Stacy Holland Loan Officer
877-711-0411 850-936-4075
Fax: 850-515-0477 www.mortgage1one.com
11/13/2008
NOLA Lending Group 151 Regions Way, Suite 4A Destin, FL 32541
Below are today’s rates 0/0
Conv 30 yr fixed 6.000%
FHA 30 yr fixed 6.125%
Conv 15 yr fixed 5.750%
ARMs are no good right now
Justin Honeycutt
Loan Officer
850-837-3050 office
850-687-0883 cell
985-612-1179 fax
Thank You!
Stacy Holland Loan Officer
Mortgage One of the South 877-711-0411 850-936-4075 Fax: 850-515-0477 www.mortgage1one.com
Mortgage One of the South
877-711-0411 850-936-4075
Fax: 850-515-0477 www.mortgage1one.com
Good news is starting to hit the mortgage world again---We still have a long way to go, but things are starting to loosen up to a degree!
As of Feb 1st, we have a new bank that will be doing Jumbo loans starting at 5% on a 5 year ARM---The best we had over the last few months was about 6.75% on a 5yr ARM, FYI!!!
Looks like the new administration is doing everything they can do to keep conventional rates under 5%---The range has been 4.5%-5% on a 30 yr fixed for 4 weeks!! This is creating buyers!! The typical 200k purchase price will be saving around 200.00/month compared to what it was 3 months ago!
FHA loans are still moving along good and those rates are at 5% today!
Although the refinance volume has slowed a lot of lenders down, we remain to keep purchases top priority b/c we know the refinance volume is only a temporary thing! We can still close a purchase loan w/in 5 working days if the file is complete. This goes for FHA and conventional!
Let’s get ready for a great 2009!
Justin Honeycutt Loan Officer/Branch Manager
NOLA Lending Group, LLC Cell: 850-687-0883 Fax: 985-612-1179
01/26/2009
I saw 4.375% today, of course that all depends on your credit score, income, owner occupied etc etc etc................... If your in the market to buy do not delay before the rates go up!!!..........read the Financing Article for today.
Happy New Year!
01/21/2009
LOOKING FOR LOWER INTEREST RATES ; Our Rates Now Start as Low as 5.25% (as of 1/20/2009)
LOOKING FOR NON-WARRANTABLE CONDOS AND CONDOTELS ; Rates Start as Low as 5.25% at 80% LTV - Good for Primary Homes and 2nd Homes *NO Hit to Rate for Condos or Condotels*
LOOKING FOR OTHER NICHE PRODUCTS SUCH AS:
Up to 90% LTV for primary residence w/760 FICO and non mortgage insurance! (SFR only, 650K max loan)
Homes with Excess Land such as Hobby Farms, Cabins, Horse Farms, Unique, Log Homes, Dome, Modular, A-Frame, etc.
Condotels with Under 750 sq. ft.; max. LTV is 60%; but Can GO AS HIGH AS 100% LTV using our CROSS COLLATERALIZATION Loan PROGRAM.
PRESENT RATES FOR PRIMARY AND 2ND HOMES (as of 1/20/09):
Credit Score 3/3 ARM Rate (Fully Amortizing) 5/5 ARM Rate (Fully Amortizing)
790+ 5.250% 5.500%
760 - 789 5.375% 5.625%
710 - 759 5.500% 5.750%
690 - 709 5.750% 6.000%
680 - 689 6.000% 6.250%
If you have questions or scenarios, please give me a call or email me today!
Today’s rate on a condotel purchase (unit must have 750+ square feet and a full kitchen) with a 1% origination fee and a 1% discount point is at 4.875% fixed for 3 year or 5.125% fixed for 5 years, subject to credit score. This would require 25% down and a 790 credit score. If a client wants to get rid of the 1% discount point, the rate would be increased by .75% in all cases. If they would like to have the loan as an interest only loan, the rate would be increased by .125% in all cases. This means that a client could buy a condotel today with a 5% rate interest only, fixed for 3 years!
Also, we can go to a 10 year fixed with a rate at 1% higher in all cases. If the credit score is 760 to 789, add .125% in all cases and if the credit score is 710 to 759, add .25% in all cases. This is for a 2nd home purchase only (buyer cannot own another property within 50 miles of where they are buying).
On the fully amortizing loans, the adjustments are as follows: if fixed for 3 years, will adjust every 3 years thereafter; if fixed for 5 or 10 years, will adjust every 5 years thereafter. On the interest only, which is only available for 3 or 5 years, it is fixed for that amount of time and then adjusts every 1 year thereafter.
These rates are good on loan amounts up to $650,000, meaning a purchase price of $866,600 or less for a condo or condotel (most units in our area are being considered condotels right now). We can do loan amounts up to $2,000,000 but the rates will be slightly higher, as will the down payment requirements.
This investor has a maximum concentration of 10% of the units in a project so there are a couple of projects that they may not be able to lend in currently but it only takes a phone call for us to find out if a project you are working with a buyer for will work. Also, they do NOT require a condo checklist to verify number of rental units, if the HOA fees are current, etc.!
Please let any clients you are working with on a condotel purchase know this information and if they are looking for financing, have them call us. Rates can and do change daily and this rate is the lowest I’ve seen this program in a while! It was .25% higher just yesterday and may be higher again later today or tomorrow depending on the market movement but as of this time, the rates are as above!
Sue Botelho
Loan Officer/Branch Manager
Northstar Mortgage Group, LLC Destin/Ft. Walton Beach, FL
850-362-6901 850-362-6905 (fax
02/12/2009
NOLA Lendings rates for Thursday, February 12, 2009
Conv 30 yr fixed 4.625%
FHA 30 yr fixed 4.875%
Conv 15 yr fixed 4.375%
*All rates include a 1% origination fee.
Rates are still great for REFINANCES and these low rates combined with great deals are still generating buyers. Let me know if I can be of assistance to any of you!
Thanks,
Justin Honeycutt
Loan Officer
850-687-0883 cell
985-612-1179 fax
jh@nolalending.com
NOLA Lending Group 151 Regions Way, Suite 4A Destin, FL 32541
02/05/2009
Non-Warrantable Condos & Condotels Welcome
