APR Assumptions

APR = Annual Percentage Rate

All loans subject to credit approval

1.  The APR calculation shown is based upon a 30-year fixed-rate mortgage in the amount of $180,000, for the Purchase or Refinance of a single-family, primary residence with a 60% loan-to-value, minimum borrower credit score of 720 with 0.50 points and estimated pre-paid closing costs of $2,184.02. Your payment schedule would be 359 payments of $1,182.47 and 1 payment of $1,184.77. The rate and APR displayed are subject to change at any time. Your rate cannot be determined until you have applied for and been approved for a loan. A mortgage loan consultant will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your specific situation. Payments do not include taxes and insurance, if applicable, and the actual payment obligation will be higher. If an escrow account is requested or required, the actual payment schedule will also include amounts for real estate taxes and homeowner's insurance premiums. If mortgage insurance is requested, the actual payment schedule will also include the amount of the mortgage insurance premium and will be higher.

2. The APR calculation shown is based upon a 15-year fixed-rate mortgage in the amount of $180,000, for the Purchase or Refinance of a single-family, primary residence with a 60% loan-to-value, minimum borrower credit score of 720 with 1.50 points and estimated pre-paid closing costs of $3,929.50. Your payment schedule would be 179 payments of $1,567.99 and 1 payment of $1,568.89. The rate and APR displayed are subject to change at any time. Your rate cannot be determined until you have applied for and been approved for a loan. A mortgage loan consultant will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your specific situation. Payments do not include taxes and insurance, if applicable, and the actual payment obligation will be higher. If an escrow account is requested or required, the actual payment schedule will also include amounts for real estate taxes and homeowner's insurance premiums. If mortgage insurance is requested, the actual payment schedule will also include the amount of the mortgage insurance premium and will be higher.

3. The APR calculation shown is based upon a 10/1 ARM (Adjustable Rate Mortgage) in the amount of $180,000, for the Purchase or Refinance of a single-family, primary residence with an 60% loan-to-value, minimum borrower credit score of 720 with no points and estimated pre-paid closing costs of $1,234.46. It is subject to increase. Your payment schedule would be 120 payments of $1,152.56, 239 payments of $1,292.29, and 1 payment of $1,294.36. After the initial 10 years the rate may change every year for the remaining life of the loan. The adjustment in the APR will be made based upon the 1 Year Constant Maturity Treasury ("CMT") rate in effect on the date of adjustment. Your payment schedule will also be adjusted to pay off the remaining principal balance of the loan over the remaining term of the loan at the adjusted APR. The rate and APR displayed are subject to change at any time. Your rate cannot be determined until you have applied for and been approved for a loan. A mortgage loan consultant will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your specific situation. Payments do not include taxes and insurance, if applicable, and the actual payment obligation will be higher. If an escrow account is requested or required, the actual payment schedule will also include amounts for real estate taxes and homeowner's insurance premiums. If mortgage insurance is requested, the actual payment schedule will also include the amount of the mortgage insurance premium and will be higher.

4. The APR calculation shown is based upon a 7/1 ARM (Adjustable Rate Mortgage) in the amount of $180,000, for the Purchase or Refinance of a single-family, primary residence with an 60% loan-to-value, minimum borrower credit score of 720 with no points and estimated pre-paid closing costs of 1,229.50. It is subject to increase. Your payment schedule would be 84 payments of $1,137.72, 275 payments of $1,304.53 and 1 payment of $1,306.76. After the initial 7 years the rate may change every year for the remaining life of the loan. The adjustment in the APR will be made based upon the 1 Year Constant Maturity Treasury ("CMT") rate in effect on the date of adjustment. Your payment schedule will also be adjusted to pay off the remaining principal balance of the loan over the remaining term of the loan at the adjusted APR. The rate and APR displayed are subject to change at any time. Your rate cannot be determined until you have applied for and been approved for a loan. A mortgage loan consultant will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your specific situation. Payments do not include taxes and insurance, if applicable, and the actual payment obligation will be higher. If an escrow account is requested or required, the actual payment schedule will also include amounts for real estate taxes and homeowner's insurance premiums. If mortgage insurance is requested, the actual payment schedule will also include the amount of the mortgage insurance premium and will be higher.

5. The APR calculation shown is based upon a 5/1 ARM (Adjustable Rate Mortgage) in the amount of $180,000, for the Purchase or Refinance of a single-family, primary residence with an 60% loan-to-value, minimum borrower credit score of 720 with no points and estimated pre-paid closing costs of $1,211.38. It is subject to increase. Your payment schedule would be 60 payments of $1,122.96, 299 payments of $1,312.59, and 1 payment of $1,311.94. After the initial 5 years the rate may change every year for the remaining life of the loan. The adjustment in the APR will be made based upon the 1 Year Constant Maturity Treasury ("CMT") rate in effect on the date of adjustment. Your payment schedule will also be adjusted to pay off the remaining principal balance of the loan over the remaining term of the loan at the adjusted APR. The rate and APR displayed are subject to change at any time. Your rate cannot be determined until you have applied for and been approved for a loan. A mortgage loan consultant will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your specific situation. Payments do not include taxes and insurance, if applicable, and the actual payment obligation will be higher. If an escrow account is requested or required, the actual payment schedule will also include amounts for real estate taxes and homeowner's insurance premiums. If mortgage insurance is requested, the actual payment schedule will also include the amount of the mortgage insurance premium and will be higher.

6. The APR calculation shown is based upon a 5/5 ARM (Adjustable Rate Mortgage) in the amount of $180,000, for a first time homebuyer of a single-family, primary residence with an 60% loan-to-value, minimum borrower credit score of 720 with no points and estimated pre-paid closing costs of $944.02. It is subject to increase. Your payment schedule would be 60 payments of $1,064.77, 299 payments of $1,222.30, and 1 payment of $1,222.06. After the initial 5 years the rate may change every 5 years for the remaining life of the loan. The adjustment in the APR will be made based upon the 5 Year Constant Maturity Treasury ("CMT") rate in effect on the date of adjustment. Your payment schedule will also be adjusted to pay off the remaining principal balance of the loan over the remaining term of the loan at the adjusted APR. The rate and APR displayed are subject to change at any time. Your rate cannot be determined until you have applied for and been approved for a loan. A mortgage loan consultant will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your specific situation. Payments do not include taxes and insurance, if applicable, and the actual payment obligation will be higher. If an escrow account is requested or required, the actual payment schedule will also include amounts for real estate taxes and homeowner's insurance premiums. If mortgage insurance is requested, the actual payment schedule will also include the amount of the mortgage insurance premium and will be higher.

7. The APR calculation shown is based upon a Home Equity Loan in the amount of $50,000, on a single-family, primary residence with an 80% combined loan-to-value, minimum borrower credit score of 720 with no points. Your payment schedule would be 59 payments of $995.97 and 1 payment of $995.82. The rate and APR displayed are subject to change at any time. Your rate cannot be determined until you have applied for and been approved for a loan. A mortgage loan consultant will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your specific situation. Payments do not include taxes and insurance, if applicable, and the actual payment obligation will be higher. If an escrow account is requested or required, the actual payment schedule will also include amounts for real estate taxes and homeowner's insurance premiums. 

8. The APR calculation shown is based upon a 5-year fixed rate mortgage, amortized over 25 years, with a balloon payment at the end of 5-years, in the amount of $100,000, for the purchase of land with an 65% loan-to-value, minimum borrower credit score of 720 with no points. Your payment schedule would be 59 payments of $755.33 and 1 payment of $92,762.10. The rate and APR displayed are subject to change at any time. Your rate cannot be determined until you have applied for and been approved for a loan. A mortgage loan consultant will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your specific situation. Payments do not include taxes and insurance, if applicable, and the actual payment obligation will be higher. If an escrow account is requested or required, the actual payment schedule will also include amounts for real estate taxes and homeowner's insurance premiums. If mortgage insurance is requested, the actual payment schedule will also include the amount of the mortgage insurance premium and will be higher.

9. The APR calculation shown is based upon a 30-year fixed-rate mortgage in the amount of $600,000, for the Purchase or Refinance of a single-family, primary residence with an 60% loan-to-value, minimum borrower credit score of 720 with no points and estimated pre-paid closing costs of $4,999.50. Your payment schedule would be 359 payments of $5,154.93 and 1 payment of $5,147.40. The rate and APR displayed are subject to change at any time. Your rate cannot be determined until you have applied for and been approved for a loan. A mortgage loan consultant will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your specific situation. Payments do not include taxes and insurance, if applicable, and the actual payment obligation will be higher. If an escrow account is requested or required, the actual payment schedule will also include amounts for real estate taxes and homeowner's insurance premiums.   

10. The APR calculation shown is based upon a 15-year fixed-rate mortgage in the amount of $600,000, for the Purchase or Refinance of a single-family, primary residence with an 60% loan-to-value, minimum borrower credit score of 720 with no points and estimated pre-paid closing costs of $4,455.75. Your payment schedule would be 179 payments of $5,952.48 and 1 payment of $5,953.31. The rate and APR displayed are subject to change at any time. Your rate cannot be determined until you have applied for and been approved for a loan. A mortgage loan consultant will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your specific situation. Payments do not include taxes and insurance, if applicable, and the actual payment obligation will be higher. If an escrow account is requested or required, the actual payment schedule will also include amounts for real estate taxes and homeowner's insurance premiums.   

11. The APR calculation shown is based upon a 10/1 ARM (Adjustable Rate Mortgage) in the amount of $600,000, for the Purchase or Refinance of a single-family, primary residence with an 60% loan-to-value, minimum borrower credit score of 720 with no points and estimated pre-paid closing costs of $3,564.40. It is subject to increase. Your payment schedule would be 120 payments of $3,941.57, 239 payments of $4,414.45, and 1 payment of $4,412.83. After the initial 10 years the rate may change every year for the remaining life of the loan. The adjustment in the APR will be made based upon the 1 Year Constant Maturity Treasury ("CMT") rate in effect on the date of adjustment. Your payment schedule will also be adjusted to pay off the remaining principal balance of the loan over the remaining term of the loan at the adjusted APR. The rate and APR displayed are subject to change at any time. Your rate cannot be determined until you have applied for and been approved for a loan. A mortgage loan consultant will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your specific situation. Payments do not include taxes and insurance, if applicable, and the actual payment obligation will be higher. If an escrow account is requested or required, the actual payment schedule will also include amounts for real estate taxes and homeowner's insurance premiums.   

12. The APR calculation shown is based upon a 7/1 ARM (Adjustable Rate Mortgage) in the amount of $600,000, for the Purchase or Refinance of a single-family, primary residence with an 60% loan-to-value, minimum borrower credit score of 720 with no points and estimated pre-paid closing costs of $3,504.81. It is subject to increase. Your payment schedule would be 84 payments of $3,891.59, 275 payments of $4,455.17 and 1 payment of $4,455.84. After the initial 7 years the rate may change every year for the remaining life of the loan. The adjustment in the APR will be made based upon the 1 Year Constant Maturity Treasury ("CMT") rate in effect on the date of adjustment. Your payment schedule will also be adjusted to pay off the remaining principal balance of the loan over the remaining term of the loan at the adjusted APR. The rate and APR displayed are subject to change at any time. Your rate cannot be determined until you have applied for and been approved for a loan. A mortgage loan consultant will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your specific situation. Payments do not include taxes and insurance, if applicable, and the actual payment obligation will be higher. If an escrow account is requested or required, the actual payment schedule will also include amounts for real estate taxes and homeowner's insurance premiums.   

13. The APR calculation shown is based upon a 5/1 ARM (Adjustable Rate Mortgage) in the amount of $600,000, for the Purchase or Refinance of a single-family, primary residence with an 60% loan-to-value, minimum borrower credit score of 720 with no points and estimated pre-paid closing costs of 3,489.08. It is subject to increase. Your payment schedule would be 60 payments of $3,841.86, 299 payments of $4,481.86 and 1 payment of $4,478.06. After the initial 5 years the rate may change every year for the remaining life of the loan. The adjustment in the APR will be made based upon the 1 Year Constant Maturity Treasury ("CMT") rate in effect on the date of adjustment. Your payment schedule will also be adjusted to pay off the remaining principal balance of the loan over the remaining term of the loan at the adjusted APR. The rate and APR displayed are subject to change at any time. Your rate cannot be determined until you have applied for and been approved for a loan. A mortgage loan consultant will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your specific situation. Payments do not include taxes and insurance, if applicable, and the actual payment obligation will be higher. If an escrow account is requested or required, the actual payment schedule will also include amounts for real estate taxes and homeowner's insurance premiums.   

14. The APR calculation shown is based upon a 15/15 ARM (Adjustable Rate Mortgage - for Construction loans only) in the amount of $180,000, for the construction of a single-family, primary residence with an 60% loan-to-value, minimum borrower credit score of 720 with no points and estimated pre-paid closing costs of $1,287.00. It is subject to increase. Your payment schedule would be 180 payments of $1,240.67, 179 payments of $1,244.97, and 1 payment of $1,245.65. After the initial 15 years the rate may change once for the remaining life of the loan. The adjustment in the APR will be made based upon the 10 Year Constant Maturity Treasury ("CMT") rate in effect on the date of adjustment. Your payment schedule will also be adjusted to pay off the remaining principal balance of the loan over the remaining term of the loan at the adjusted APR. The rate and APR displayed are subject to change at any time. Your rate cannot be determined until you have applied for and been approved for a loan. A mortgage loan consultant will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your specific situation. Payments do not include taxes and insurance, if applicable, and the actual payment obligation will be higher. If an escrow account is requested or required, the actual payment schedule will also include amounts for real estate taxes and homeowner's insurance premiums.

15. The APR calculation shown is based upon a 10/1 ARM (Adjustable Rate Mortgage) in the amount of $180,000, for the construction of a single-family, primary residence with an 60% loan-to-value, minimum borrower credit score of 720 with no points and estimated pre-paid closing costs of $1,287.00. It is subject to increase. Your payment schedule would be 120 payments of $1,152.56, 239 payments of $1,292.29, and 1 payment of $1,294.36. After the initial 10 years the rate may change every year for the remaining life of the loan. The adjustment in the APR will be made based upon the 1 Year Constant Maturity Treasury ("CMT") rate in effect on the date of adjustment. Your payment schedule will also be adjusted to pay off the remaining principal balance of the loan over the remaining term of the loan at the adjusted APR. The rate and APR displayed are subject to change at any time. Your rate cannot be determined until you have applied for and been approved for a loan. A mortgage loan consultant will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your specific situation. Payments do not include taxes and insurance, if applicable, and the actual payment obligation will be higher. If an escrow account is requested or required, the actual payment schedule will also include amounts for real estate taxes and homeowner's insurance premiums.   

16. The APR calculation shown is based upon a 7/1 ARM (Adjustable Rate Mortgage) in the amount of $180,000, for the construction of a single-family, primary residence with an 60% loan-to-value, minimum borrower credit score of 720 with no points and estimated pre-paid closing costs of $1,287.00. It is subject to increase. Your payment schedule would be 84 payments of $1,137.72, 275 payments of $1,304.53 and 1 payment of $1,306.76. After the initial 7 years the rate may change every year for the remaining life of the loan. The adjustment in the APR will be made based upon the 1 Year Constant Maturity Treasury ("CMT") rate in effect on the date of adjustment. Your payment schedule will also be adjusted to pay off the remaining principal balance of the loan over the remaining term of the loan at the adjusted APR. The rate and APR displayed are subject to change at any time. Your rate cannot be determined until you have applied for and been approved for a loan. A mortgage loan consultant will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your specific situation. Payments do not include taxes and insurance, if applicable, and the actual payment obligation will be higher. If an escrow account is requested or required, the actual payment schedule will also include amounts for real estate taxes and homeowner's insurance premiums.

17. The APR calculation shown is based upon a 5/1 ARM (Adjustable Rate Mortgage) in the amount of $180,000, for construction of a single-family, primary residence with an 60% loan-to-value, minimum borrower credit score of 720 with no points and estimated pre-paid closing costs of $1,287.00. It is subject to increase. Your payment schedule would be 60 payments of $1,122.97, 299 payments of $1,312.58, and 1 payment of $1,315.80. After the initial 5 years the rate may change every year for the remaining life of the loan. The adjustment in the APR will be made based upon the 1 Year Constant Maturity Treasury ("CMT") rate in effect on the date of adjustment. Your payment schedule will also be adjusted to pay off the remaining principal balance of the loan over the remaining term of the loan at the adjusted APR. The rate and APR displayed are subject to change at any time. Your rate cannot be determined until you have applied for and been approved for a loan. A mortgage loan consultant will review and provide you with the terms, conditions, disclosures, and additional details on the interest rates that apply to your specific situation. Payments do not include taxes and insurance, if applicable, and the actual payment obligation will be higher. If an escrow account is requested or required, the actual payment schedule will also include amounts for real estate taxes and homeowner's insurance premiums.