Some rates quoted below may include, in addition to the points shown, an origination fee of up to 1.00% of the loan amount. This is necessary so that we may best provide a true comparison to many "Internet teaser rates" shown by many other lenders that charge a full 1% origination fee on all "0 point" advertised loans. Please note: It is our goal to provide our clients with up to the minute market rates. However, the interest rate market can be volatile. Contact our office to discuss the current market conditions, and its impact on current mortgage rates.
 
Conforming Loan Programs
Conforming rates for loans under $417,000.
Program Rates Points APR
30 yr fixed conforming 0.000 0.000 -0.000
0.000 0.000 -0.000
0.000 0.000 -0.000
15 yr fixed conforming 0.000 0.000 0.000
0.000 0.500 0.067
0.000 1.000 0.133
3/1 ARM 0.000 0.000 3.630
0.000 0.500 3.668
30/5 yr fixed or 5/1 ARM 0.000 0.000 3.066
0.000 0.000 3.066
30/7 yr fixed or 7/1 ARM 0.000 0.000 2.574
0.000 1.000 2.643
Adjustable 0.000 0.000 4.292
 
Jumbo Loan Programs
Jumbo rates for loans over $417,000.
Program Rates Points APR
30 yr fixed jumbo 0.000 0.000 -0.000
0.000 0.500 0.033
0.000 1.000 0.067
15 yr fixed jumbo 0.000 0.000 0.000
0.000 0.500 0.067
0.000 1.000 0.133
3/1 jumbo ARM 0.000 0.000 3.630
0.000 1.000 3.706
5/1 jumbo ARM 0.000 0.000 3.066
0.000 1.000 3.138
7/1 jumbo ARM 0.000 0.000 2.574
0.000 1.000 2.643
Adjustable 0.000 0.000 4.292
 
Home Equity Rates
Program Rates Points APR
Home Equity Line 7.250 .000 7.986
7.500 .000 7.990
8.000 .000 8.000
Home Equity Loan 6.990 .000 6.990
7.500 .000 7.500
7.500 .000 7.500
7.990 .000 7.990
 
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.

Biltmore Financial Bancorp, Inc - 10 Executive Court Suite 3 - South Barrington, IL 60010
Toll Free: Phone: (847)934-5000 Fax: (847)934-5001

bischof@biltmorefinancial.com