Last update: May 29, 2008 12:19 PM EST
Conforming Loan Programs
Conforming rates for loans under $417,000.
Program Rates Points APR
30 yr fixed conforming
 6.000 0.000 6.080
15 yr fixed conforming
 5.750 0.000 5.883
3/1 ARM
 5.375 0.000 5.505
30/5 yr fixed or 5/1 ARM
 5.375 0.000 5.573
30/7 yr fixed or 7/1 ARM
 5.750 0.000 5.739
10/1 ARM
 5.875 0.000 5.375
Adjustable
Payment Option Arm
 
Jumbo Loan Programs
Jumbo rates for loans over $417,000.
Program Rates Points APR
30 yr fixed jumbo
15 yr fixed jumbo
3/1 jumbo ARM
5/1 jumbo ARM
 5.375 0.000 4.846
7/1 jumbo ARM
 5.625 0.000 5.206
10/1 jumbo ARM
Adjustable
Payment Option Arm
 
APRs are calculated based on a Conforming loan amount of $240,000, or a Jumbo loan amount of $480,000. Points/fees/rates may vary for different loan amounts.

Indus Mortgage

908 Oaktree Road Suite S - South Plainfield, NJ 07080
Toll Free: 1 (888) 888-6959 Phone: (908) 222-3366 Fax: (908) 222 3341 Cell Phone: (732) 894 0739

Licensed Mortgage Banker, NJ Dept. of Banking and Insurance

179 E. Maple Rd. - Troy, MI 48083
Toll Free: (888) 888 6959 Phone: (734) 525 1234 Fax: (734) 525 1222
Cell Phone (248) 670 9044

28245 Ford Road - Garden City, MI 48135
Phone: (734) 525 1234 Fax: (248) 528 1222

rachana@indusmortgage.com