|
MARYLAND RATES LOAN TYPE |
RATE 1 | APR 1 | POINTS 1 | MINIMUM LOAN AMOUNT2 | |
|---|---|---|---|---|---|
|
EFFECTIVE DATE: 08/03/2020 |
|||||
| 30 Year Fixed |
2.500% |
2.54% |
None |
75% |
$200,000 |
20 Year Fixed |
2.500% |
2.54% |
None |
75% |
$200,000 |
15 Year Fixed |
2.250% |
2.29% |
None |
80% |
$200,000 |
10 Year Fixed |
|
2.42% |
None |
80% |
$200,000 |
30 Year Fixed (Investment Property) |
3.250% |
3.29% |
None |
75% |
$200,000 |
30 Year Super Conforming/ Jumbo Conforming ($484,351 to $726,525) |
|
2.66% |
None |
75% |
$510,401 |
15 Year Super Conforming/Jumbo Conforming ($484,351 to $726,525) |
2.375% |
2.41% |
None |
80% |
$510,401 |
5 Year Fixed - 5/1 ARM |
XXXX% |
|
.625 |
75% |
$200,000 |
7 Year Fixed - 7/1 ARM |
XXXX% |
XXX% |
.625 |
75% |
$200,000 |
30 Year Jumbo Fixed Rate |
XXXX% |
XXX% |
None |
80% |
$765,601 |
30 Year Fixed - VA (Veterans or Current Military) |
2.299% |
2.33% |
None |
100% |
$200,000 |
30 Year Fixed - FHA |
2.299% |
2.33% |
None |
96.5% |
$200,000 |
| LOAN LIMITS HAVE CHANGED | | | |||
| CONFORMING LOAN LIMIT- | $510,400 | ||||
| HIGH BALANCE LOAN LIMIT(ALL COUNTIES)- | $765,600 | ||||
|
1 RATE VS APR Remember that APR is NOT used to calculate your interest or payment. To evaluate loan scenarios, compare the 2 Minimum |