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11 Jan

Rate Update: Friday, Jan. 11, 2019

General

Posted by: Kimberly Walker

One of the over 90 Lenders, we work with
at Dominion Lending Centers, Valley Financial Specialists
Prime Rate: 3.95%
Chartered Bank Benchmark Rate: 5.34%

E &O.E.
• 120 day commitment period
• Specials are for new business only and are not available for ARM conversions
• Rates and or discounts are subject to change without notice
• Conventional pre-approval rates: Fixed 3.79%* or ARM P-.25%*
• Conventional deals will be underwritten using the greater of the Chartered Bank Benchmark Rate or the contract rate + 2%
• Insured pre-approval rates: Fixed 3.79% or ARM P-.75%
• Insured deals will be underwritten using the Chartered Bank Benchmark Rate
• For conventional rentals, there is no rate premium for amortization > 25 years
• Conventional Rental ARM: P – .10%*