Annual Percentage Rate (APR) calculations assume
no subordinate financing and that the borrower will provide full income
documentation.
Annual Percentage Rate (APR) calculations assume
single-family, detached, owner-occupied primary residence; a loan-to-value
ratio of less than 90%; a minimum FICO score of 680; and a loan amount of
$200,000 for conforming loans or $650,000 for jumbo loans, unless otherwise
specified.
On purchase-money loan transactions, the
Lexington Mortgage Fee does not include fees for: appraisal, title exam,
abstract of title, title insurance, property survey, title policy
endorsements or outside escrow company charges. These costs must be paid for
by the consumer in addition to the Lexington Mortgage Fee.
Available first mortgage rates and fees may vary
depending on your property's location.
Monthly Payment per $1,000 and Monthly Payment
calculations include principal and interest ONLY. PMI (Private Mortgage
Insurance), hazard insurance, property taxes, state taxes, mortgage taxes,
homeowner's association dues, and any other recurring costs are not
included.
On refinance transaction, a borrower is
responsible for fees and costs associated with the reconveyance of the deed
of trust, and Annual Percentage Rate (APR) calculations assume a rate and
term refinance. These costs and fees must be paid for by consumers in
addition to Lexington Mortgage fees. Monthly payment reflects principal and
interest ONLY and does not include possible recurring costs such as hazard
insurance, state taxes, demand, recording fees, property taxes, mortgage
taxes, homeowners association dues, or private mortgage insurance.
Rates may be higher for loan amounts under
$100,000 and over $650,000. Please call for details.
Rolldowns are only available on loan amounts of
$150,000 or more.
Rates are subject to change without notice.
Closing Costs assume 30 days prepaid interest
and that a borrower will escrow monthly property tax and insurance payments.
Restrictions may apply.
Subject to underwriter approval; not all
applicants will be approved.
Fees and charges apply.
Taxes and insurance are extra.
On refinance transactions, the Annual Percentage
Rate (APR) calculations assume a rate and term refinance.