posted Feb 16, 2011, 9:41 AM by Massey Kouhssari
BankerBroker.com "Think USDA RD First" | BanekrBroker.com RURAL HOUSING |
Our Website Requires No Password or Sign On for more information, click here for our website! | Date: 2-16-2011 | INITIAL PRICING | Time 9:00 AM | USDA-RD |
We offer USDA in all States but Alaska, Hawaii & South Carolina. 24 Hour Turn Times Every Day!!
ATTENTION: The 580+ FHA Product is now AVAILABLE! This is available for the following states: AL, AR, GA, KY, LA, MS, OK, SC, TN, TX. We will roll more states out later, please keep watching form more details. If you are in AL, AR, GA, KY, LA, MS, OK, SC, TN, or TX and would like to offer FHA loans down to 580 please email USDA@bankerBroker.com. comand they will send you out the welcome kits when available!! Please feel free to call or email on our National USDA product or our FHA Product! 877-410-6663 | USDA Guaranteed Rural Housing 30 Year Fixed | Lock Days | 10 Day | 25 Day | 40 Day | 55 Day | | | | | | | 97.589 | 97.401 | 97.213 | | | 98.308 | 98.120 | 97.932 | | | 99.409 | 99.221 | 99.033 | | | 100.224 | 100.036 | 99.848 | | | 100.982 | 100.794 | 100.606 | | | 101.643 | 101.455 | 101.267 | | | 5.250 | 102.494 | 102.306 | 102.118 | | 5.375 | 102.933 | 102.745 | 102.557 | | | 5.500 | 103.438 | 103.250 | 103.062 | 102.875 | | | | | | | | | | | Loan Program CNB RD01 |
We Love Phone Calls!! Call Our Sales Team Today!! ***Closed 2/21 for Presidents Day*** | USDA GRH LOANS
Are Net Priced | USDA GRH State Adjustments |  | | Improve price by .25 | NY PA RI TX | | Improve price by .15 | AR GA IN KS MI MN NC OK VT WI | | No price adjustment | AL CT FL IL IA KY LA ME | | No price adjustment | MO MS ND NE NH OH OR SD TN WV | | Reduce price by .15 | CA CO DE MA MD MT NM VA WY | | Reduce price by .25 | AZ ID NV NJ OR UT WA | | Not Allowed | Hawaii, Alaska, South Carolina | | | USDA GRH Loan Size & Credit Score Adjustments | | Credit Score >640 | No Adjustments | | Score <640 | Reduce Prioce by .15 | | No Credit Socre either | Reduce Price by 3.00 | | | | | No Adjustment | >$55,001 | | Reduce 1.00 to pricing | $50,000-$55,000 | | Minimum Loan | $50,000 |
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www.BankerBroker.com | | Ask about our Fast Track Service that guarantees you 24 Hour Service or less on all your USDA Files! | |
| | CNB National Lending Sales Team: | | USDA@BankerBroker.com |
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| | Lock Expiration Calendar | | 10 Day | 2/28/11 | | 25 Day | 3/14/11 | | 40 Day | 3/25/11 | | 55 Day | 4/13/11 | | | Loans must close and fund by lock expiration date |
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| | All 10 day locks must have the USDA-RD office approval prior to locking. All other locks must have our underwriting approval prior to locking. |
| | Loans can only be extended a maximum of two times. On expired locks less than 30 days all re-locks are subject to the Extension Fee, listed below. Expired locked re-locked subject to worse case pricing PLUS the Extension Fee. Minimum Extension 15 days. Locks >30 days expired, no extension fee and current rates. | | USDA Extension Fees | DAYS | COST | | | 10 Days | 0.1875% | | Existing Price | 25 Days | 0.3750% | | worsened by cost of | 40 Days | 0.5625% | | Extension Fee | 55 Days | 0.7500% |
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| | *Locks must be received before 5:00 PM CST Weekdays.USDA Extension Fees
ratelocks@BanekrBroker.com | | This information is intended for mortgage professionals only and may not be given to individuals who are entitled to a more complete disclosure under any circumstances. All rates, fees and programs are subject to change without notice. |
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