posted Oct 6, 2011, 3:56 PM by Massey Kouhssari
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updated Oct 6, 2011, 4:17 PM
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BankerBroker.com offers you a wide array of fixed-rate mortgage loans with competitive rates, low down payments, and low points/ lender fees options. Whether you're a first-time buyer with or without a traditional credit history, or are looking to refinance your present mortgage, our experienced Mortgage Specialists will help you find the right loan to fit your needs.
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- Reward your excellent credit with minimal to no documentation loans for a hassle free process.
- Ideal for self employed borrowers or those with income difficult to document.
To help you determine which loan is best for you, the following chart outlines the major features and benefits of each of our mortgage loan plans.
| | MORTGAGE RATES
 Rates are Current as of 10/06/2011
CONFORMING FIXED RATE MORTGAGES
The security of fixed payments over the life of the loan. | Loan Term | Interest Rate | Discount Points | APR | Monthly Payments* | 30 Years | 4.000% | 0-pts. | 4.013% | $1,990.84 | 15 Years | 3.375% | 0-pts. | 3.397% | $2,955.54 | Loan amounts to $417,000 and Providing Full Supporting Documentation. |
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JUMBO FIXED RATE MORTGAGES
The security of fixed payments over the life of the loan. | Loan Term | Interest Rate | Discount Points | APR | Monthly Payments* | 30 Years | 4.625% | 0-pt. | 4.636% | $2,570.72 | 15 Years | 4.375% | 0-pt. | 4.394% | $3,793.12 | Loan amounts from $417,001 to $1,500,000 and Providing Full Supporting Documentation. |
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NO DOCumentation FIXED RATE MORTGAGES
The security of fixed payments over the life of the loan coupled with flexible underwriting to meet your special borrowing needs. | Loan Term | Interest Rate | Discount Points | APR | Monthly Payments* | 30 Years | 5.070% | 0.50-pts. | 5.127% | $2,256.44 | 15 Years | 4.380% | 0.50-pts. | 4.477% | $3,164.52 | Loan amounts to $417,000 for Refinance Transactions and $1,000,000 for Purchase Transactions and Providing Limited Documentation. |
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1 Restrictions and limitations may apply. 2 If you select the "No Income Verification" Intelligent Mortgage Loan, the interest rate on your loan will be higher than a Conventional Loan, and the Loan to Value (LTV) requirement is stricter, for example: a LTV of 60% is required for a maximum loan amount up to $1 million. For comparison purpose, please ask us to provide the terms and payments for a Conventional Loan. 3 Subject to area median income restrictions. 4 Subject to full documentation, appraisal, credit and other necessary verifications. Lender fees include points, appraisal and credit report. |
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