#1
February 8th, 2017, 05:59 PM
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Bank Of America Jumbo Mortgage Rates
I want to know the Mortgage Rates of Jumbo Loans in Bank Of America so can you please tell me?
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#2
February 9th, 2017, 08:36 AM
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Re: Bank Of America Jumbo Mortgage Rates
Bank Of America Jumbo Loan is considered jumbo if the amount of the mortgage exceeds loan-servicing limits set by Fannie Mae and Freddie Mac — currently $424,100 for a single-family home in all states Jumbo mortgages are available for primary residences, second or vacation homes and investment properties, and are also available in a variety of terms, including fixed-rate and adjustable-rate loans. A jumbo loan will typically have a higher interest rate Jumbo Mortgage Loans Rates Rates based on a $725,000 loan in ZIP code 94601 30-year fixed layer Rate 4.000% APR 4.136% Points 0.986 Monthly Payment $3,461 15-year fixed layer Rate 3.750% APR 3.938% Points 0.639 Monthly Payment $5,272 5/1 ARM layer variable Rate 3.000% APR 3.771% Points 0.933 Monthly Payment $3,057 Mortgage rates valid as of 30 Jan 2017 07:57 pm India Standard Time and assume borrower has excellent credit (including a credit score of 740 or higher). Estimated monthly payments shown include principal and interest only. ARM interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/1 ARM, 7 years for a 7/1 ARM and 10 years for a 10/1 ARM). Customer service: 00 1 315-724-4022 |