| Developed |
20% |
6.250%
|
0
|
6.373%
|
15 Years
|
| Undeveloped |
35% |
6.250%
|
0
|
6.373%
|
15 Years
|
|
Last Update: October 15, 2011 |
| Developed |
20% |
5.375%
|
0
|
5.495%
|
15 Years
|
| Undeveloped |
35% |
5.375%
|
0
|
5.495%
|
15 Years
|
|
Last Update: October 15, 2011 |
Disclosure: The annual percentage rate is subject to increase after consumation. These mortgages are 5year adj. loans for lots the applicant intends to build their residence. The maximum adj. each time is 2% with a lifetime adj. of not more than 4% above the original rate. The rate floor is no lower than the original rate. Payment ex. $100,000.00 at 5.375%: 360 monthly payments of $559.97, which includes principal and interest only. Rates are subject to change without notice.