Pascucci Properties

up the on the

bring in the

Need to refinance? Contact Mike Mundy!
Stay safe out there everyone! Feel free to drop me a line if you need anything.

**Keep in mind that every borrower’s situation is different, and each must be evaluated individually.

Rates could be higher, or lower, depending on each individual scenario!!**

REVISED Thursday, 4/23/2020-- 12:00pm

Lock Period = 30 Days

CONVENTIONAL CONFORMING LOANS (loans less than or equal to $510,400)
30 YEAR FIXED ---------------------------- 3.125%/3.199% APR
15 YEAR FIXED----------------------------- 2.750%/2.811% APR

*All quotes are with 0 points
*Investment Properties --- ** Add 2.125 points (if 25% down)**
*There is a rate increase for cash-out refinance transactions over 60% Loan to Value, or condominiums over 75% LTV*
** Credit score requirements are applicable.

CONVENTIONAL HIGH BALANCE CONFORMING FIXED RATE LOANS (loans greater than $510,400 but less than $765,600)
30 YEAR FIXED ------------------------- 3.500%/ 3.588% APR
15 YEAR FIXED ------------------------- 3.250%/ 3.338% APR
5 /1 ARM------------------------------------- 3.125%/ 3.223% APR
7/1 ARM ------------------------------------ 3.375%/3.464% APR

** Loan amount restrictions based on county and property type.
***There is a rate increase for condominiums over 75% LTV, and Cash-out refinances***

CONVENTIONAL JUMBO LOANS (Fixed rate programs greater than high-balance conforming limit)
30 YEAR FIXED--------------------------- 3.875%/ 3.927% APR
15 YEAR FIXED--------------------------- 3.500%/ 3.537% APR
5 /1 ARM----------------------------------- 3.125%/ 3.222%APR
7/1 ARM ------------------------------------ 3.375%/ 3.463% APR

** All non-conforming loans need to be discussed in detail
** There may be a rate add-on for condominiums and multi-family homes
**Please call for rates on FHA loans**

If you need any mortgage assistance, or have any questions, please do not hesitate to contact me!

Regards,

Mike

Michael Mundy
Senior Vice President, NMLS # 208872
Pinnacle Mortgage, Inc.
Direct: 973-585-2777
Cell: 973-985-9948
Fax: 888-585-6214
[email protected]

We our Melanie Tekirian Dillon Wu

to & Jill Sheppard smooth transaction @ Hoboken, New Jersey

@ Hoboken, New Jersey

https://mailchi.mp/38e94a677b41/social-distancing-real-estate

Social Distancing & Real Estate 🏡

Hudson Place Realty

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