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Mortgage News

Mortgage Rates September 1, 2009

 

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ACACIA FEDERAL SAVINGS BANK

7724 Donegan Drive

Manassas, VA 20109

SYLVIA SETASH

SEPTEMBER 1, 2009

sylvia.setash@afsb.com

OFFICE: (703) 595-4150 CELL: (703) 498-5042 FAX: (703) 848-2266

GOVERNMENT LOANS (FHA/VA)

30 YEAR FIXED 5.000% 0.000 + 1.000 FHA TO $362,790/ VA TO $417,000

4.750% 1.000 + 1.000 ADD .25 FOR VA

WE HAVE JUMBO VA TO 650K

& JUMBO FHA TO 729K

CALL FOR QUOTES ON JUMBO VA/FHA PRODUCTS

CONVENTIONAL FIXED

30 YR FX-CONFORMING 4.750% 1.000 + 1.000 CONF LIMIT $417,000

􀃆 80/15/5 AVAILABLE – CALL FOR RATES/TERMS 􀃅

30 YR FX-C-JUMBO 5.250% 0.000 + 0.000

PORTFOLIO ARMS & SO MUCH MORE!!

***1 YEAR***3/1 YEAR***5/1 YEAR***

THE LOWEST CAPS ANYWHERE!!! 2/2/6

95% TO 600K 90% TO 625K 80% TO 700K

***FULL RENTAL CREDIT TOO OFFSET EXITING PITI ON MOVE UP PURCHASES***

Seller may pay 5% (+ ½ MD xfer tax) on 95% LTV & up to 9% on 90% LTV

Non Permanent Resident Aliens allowed w/ verifiable assets, credit and income – Diplomats must

waive immunity – over 80% LTV subject to obtaining mortgage insurance approval.

NO RATIO AVAILABLE 􀃆 70% TO 600K, 60% TO 700K, 50% TO 800K

And even more…..

All those little things that make the difference, not only is processing on the premises, it’s 10

feet away from my desk. Onsite underwriting affords you the confidence you need for your

negotiations. Special considerations? Let’s get it reviewed. Need a rush? Not a problem, we just

closed one in 8 days! We may not be the biggest, but our reputation is the best. Not only are we a

VA delegated lender, but also FHA Direct Endorsement, as well as, have VHDA expertise. While

we have high tech abilities, we are reaching back in the past by design……call it old fashioned,

we’ll just call it a superior customer service experience.

OTHER NOTABLES

Appraisal problems? On conventional loans, we selected 6 of our favorite appraisers and rotate

orders among them. You won’t hear “we never heard of this guy!” Unacceptable!!! And, on FHA

loans, we still select who will be doing the appraisal!!

􀃆 􀃆 WE NOW ARE OFFERING USDA LOANS!!!! 􀃅 􀃅

COME SEE WHAT A DIFFERENCE LOCAL EVERYTHING MAKES!!!!

.

SYLVIA SETASH

(O)703 595-4150 (C) 703 498-5042

(F) 703 848-2266

THIS FLYER IS FOR THE GENERAL INFORMATION AND EXCLUSIVE USE OF REAL ESTATE BROKER(S), OR AGENT(S), FOR WHOM IT IS PREPARED AND TO WHOM IT IS

DELIVERED. IT IS NOT FOR USED BY OR DISPLAYED OR DELIVERED TO THE GENERAL PUBLIC. RATES SUBJECT TO CHANGE WITHOUT NOTICE.

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