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Welcome to the Carnegie First Lending Service rates page. Complete an online application today!
Note: Tax Bill Changes for 2007
*This bill carries the provision for tax payers who purchase homes in 2007 and have incomes at or below $100,000 of the mortgage insurance premium from their itemized taxes. The premium deduction is reduced for 10% for each $1,000 by which the tax payers adjusted gross income exceeds $100,000. Homebuyer's should consult with their tax advisors for complete information.
Buyer's Benefits:
Paid premiums are 100% deductible for families making $100,000 or less.*
Payments are predictable, the insurance premium stays the same each month regardless of changes in the interest rates.
Insurance can be cancelled once there is enough equity. Most investor will require you to wait 2 years before cancelling insurance.
Payments are simple- just one monthly payment.
Monthly mortgage insuance premium is added into your loan payments when your loan amount is 80.01% and aboveyou r financed loan amount based off the appraised value or purchase price whichever is lower. Ex. 200,000 Purchase. $160,002.00 is 80.01% and will require montly mortgage insurane. Depending on the investor you may be able to finance up to 100% of the purchase price/appraised value of your home. Higher LTV may factor into higher interest rates for your purchase. Please apply online so that your interest rate and monthly payments can be determined
Current posted rates are in effect as of 04/10/2008 8:52:53 AM Central Time.
Rates are subject to change without notice.
| 6.000% | 2.000% | 6.279% | 15 |
| 6.375% | 1.000% | 6.561% | 15 |
| 6.750% | 0.000% | 6.840% | 15 |
| The APR is calculated using a loan amount of $200,000 and these typical fees. |
| 5.000% | 2.000% | 6.092% | 15 |
| 5.500% | 1.000% | 6.081% | 15 |
| 6.000% | 0.000% | 6.070% | 15 |
| The APR is calculated using a loan amount of $200,000 and these typical fees. |
| 5.875% | 2.000% | 6.173% | 15 |
| 6.000% | 1.000% | 6.203% | 15 |
| 6.500% | 0.000% | 6.611% | 15 |
| The APR is calculated using a loan amount of $200,000 and these typical fees. |
Current posted rates are in effect as of Friday, March 28, 2008, 9:15:01 AM Central Time.
Rates are subject to change without notice. Rates are based on purchase loans. Refinance loans with or without cash out may change the interest rates. Some interest rates are subject to change based on LTV and credit scores.
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