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Welcome! Here is a sampling of the rates that we currently offer for a variety of loan types. If you'd like additional information about the loan types and interest rates we offer, please contact our Mortgage Center at 1-800-811-5385.
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| If you choose to Apply Now, and fill out and submit a loan application, we will be able to fit your needs with a range of loan types and customized rates. Because of our advanced underwriting tools and reduced documentation requirements, you can apply for a loan and receive a decision in minutes, rather than hours or days. | |
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Our Programs
These rates apply to conforming loans.
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| Sample Interest Rates for 8/27/2008 9:30am. |
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Program |
Disclosures |
Interest Rates |
APR |
Points |
Monthly Payment |
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| | 30-year fixed | | 6.375% | | 6.480% | | 0.250 | | $935.8 | | | | | 30-year fixed | | 6.250% | | 6.402% | | 0.750 | | $923.58 | | | | | 15-year fixed | | 6.125% | | 6.277% | | 0.125 | | $1275.94 | | | | | 15-year fixed | | 5.875% | | 6.165% | | 1.000 | | $1255.68 | | | | | 3/1 LIBOR ARM | 1 | 5.875% | | 5.669% | | 0.000 | | $887.31 | | | | | 3/1 LIBOR ARM | 1 | 5.750% | | 5.661% | | 0.250 | | $875.36 | | | | | 5/1 LIBOR ARM | 1 | 6.250% | | 5.869% | | 0.000 | | $923.58 | | | | | 5/1 LIBOR ARM | 1 | 6.125% | | 5.843% | | 0.250 | | $911.42 | | |
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*Annual Percentage Rate (APR). Interest rates and the APR are subject to change at any time and without notice due to changes in the mortgage market. These rates may also adjust according to credit and property approval based on secondary market guidelines. The rates shown are based on average interest rates for customers with a good credit history. Your individual rate may vary. The APR calculation and the Principal & Interest (P&I) amounts are both based on a loan amount of $150,000 for the purchase of a primary residence, with 80% Loan-to-Value (LTV), approximately 15 days prepaid interest, a $520 commitment fee, $250 processing fee, an additional $485 in prepaid finance charges, plus discount points shown for a 30 day lock. For Adjustable Rate Mortgages (ARMs), the rates may increase after consummation. All of our ARM programs have a 30-year term.
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Our conforming loan limit is $417,000, except in Alaska and Hawaii, where it is $625,500. Ask about our Jumbo Program.
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Our loans do not have prepayment penalties and we normally require the escrow of taxes and insurance which will be in addition to the principal and interest payments shown above.
Be sure you understand the terms of the loan you are applying for.
For additional important information regarding Adjustable Rate Mortgages, Interest Only Mortgages, and Balloon Mortgages, click on the product type in the preceding list.
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Programs (including, without limit, fees, rates and features) are subject to change without notice.
Nationwide, Nationwide Advantage Mortgage, the Nationwide framemark and On Your Side are federally registered service marks of Nationwide Mutual Insurance Company. ©2008 Nationwide Mutual Insurance Company. All rights reserved.
Nationwide Advantage Mortgage Company has mortgage products available in the District of Columbia and all states except NJ. Licensing.
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