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Todays Rates
Updated 5/28/08

30 Year Fixed
5.875%
APR 5.97%
1% Origination


20 Year Fixed
5.75%
APR 5.90%
1% Origination

15 Year Fixed
5.625%
APR 5.78%
1% Origination

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225-291-8901

*Rates based on 80% LTV,>679 credit score,150,000 loan amount, owner occupied..
*APR calculation based on 1,500 in fees

 

First Family Mortgage Lending offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide:
 
Fixed-Rate Mortgage
Adjustable-Rate Mortgage
Interest Only Mortgage
Commercial Mortgage
No PMI Programs
No Cash out-of-pocket Programs
Stated Income Programs
Imperfect Credit Programs
Home Equity Line of Credit
Home Equity Fixed Loan

Fixed-Rate Mortgage

A fixed-rate mortgage locks in your rate for the life of your loan.  There is no need to guess as to where the rate will be next year, or in 15 or 30 years.


Adjustable-Rate Mortgage

Planing on selling your home in 7years or less, take advantage of lower rates.


Interest Only Mortgage

You pay only the interest on the mortgage in monthly payments for a fixed term.


Commercial Mortgage

100k to 10m available for commercial properties.

15 to 30 year amortization, Stated income

 


No PMI Programs

No Private Mortgage Insurance.

Rural Development, 100% financing

Other No PMI programs allow you to raise your rate while taking advantage of tax write-offs.


No Cash out-of-pocket Programs

 Up to 106% financing for those who qualify.


Stated Income Programs

Perfect programs for the self-employeed or 1099 employee.


Imperfect Credit Programs

These programs are for borrowers with less than perfect credit histories.


Home Equity Line of Credit

A form of revolving credit in which you only pay interest on the amount you use.


Home Equity Fixed Loan

Provides you with a fixed amount of money repayable over a fixed period.




Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $150,000 with closing costs of $3,000. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $418,000 with closing costs of $8,360. Your actual APR may be different depending upon these factors.