Mortgage Rate

Rates are Current as of 07/03/2008  
FIXED RATE MORTGAGES
The security of fixed payments over the life of the loan. Conforming loan types.
Conforming
( Loan Amounts to $417,000 and Providing Full Supporting Documentation )
Loan Term Interest Rate Origination Fee APR Monthly Payments*
30 Years 6.375% 1.000 6.544% $2,601.54
15 Years 5.875% 1.000 6.144% $3,490.78
PORTFOLIO PROGRAMS
Flexible underwriting to meet your special borrowing needs.
Portfolio Programs
Loan Type Interest Rate Origination Fee APR Monthly Payments*
6 Month T-Bill 7.000% 1.000 8.107% $2,774.31
3/1 Intermediate ARM (CA31T/JA31T) 7.250% 1.000 7.406% $2,844.68
5/1 Intermediate ARM (CA51T/JA51T) 7.250% 1.000 7.406% $2,844.68
7/1 Intermediate ARM (CA71T/JA71T) 7.500% 1.000 7.660% $2,915.72
MULTI-FAMILY PROPERTIES
Local decision making, flexible underwriting and streamlined processing make multi-family lending easy.
Portfolio Programs
Loan Type Interest Rate Origination Fee Monthly Payments*
6 Month T-Bill 7.250% 0.000 $2,728.71
3/1 Intermediate Arm 7.250% 1.000 $2,728.71
5/1 Intermediate Arm 7.500% 1.000 $2,796.86
15 Year Fixed 9.250% 0.500 $3,290.70
 
* Conforming and Portfolio examples are based on a loan amount of $200,000. Multi-Family examples are based on a loan amount of $400,000. Rates and payments on Adjustable and Intermediate Adjustable Rate Mortgages may increase after consummation based on a margin and current market indexes. All examples are based on the following conditions:
  The property is a single family used as your primary residence, except for the multi-family product which assumes a non-owner occupied residence.
  The property is located in California.
  The down payment towards the property is 25%.
  Income and assets are documented and are sufficient to qualify.
  There will be no subordinate financing behind the newly created 1st Mortgage.
  Rate and points are based on a 30 day lock period.
  Credit subject to East West Bank approval.