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TODAY'S INTEREST RATES: PAGE 1 | PAGE 2

74280 Hwy 111
Palm Desert, CA 92260
(760) 568-5608

CoveLoans.com

(Updated 05/04/2006)
Loan Type
Interest Rate
APR
Points
Description
30-year fixed to $417,000
(Owner-occupied house, 1-4 units)
6.38 6.53 1 Low payment, for long-term ownership.
15-year fixed to $417,000
(Owner-occupied house, 1-4 units)
6.00 6.21 1 Save 15 years interest, short maturity, home is paid for.
Level Pay Option ARM to $650,000
(Owner-occupied); 30-year amortization
2.25
6.89 1 Good for rentals, rising incomes. Minimum payment stays the same for 5 years.
Fixed 5year Balloon to $417,000
30-year amortization
6.13 6.28 1 Good for those planning to sell or move. Fixed for 5 or 7 years at 6.13% or 6.25%. Repriced at maturity with the prevailing fixed rate for remaining 25 or 23 years.
Fixed 7year Balloon to $417,000
30-year amortization
6.25 6.40
Fixed 3/1 LIBOR ARM to $417,000
30-year amortization
(
Current 1yr LIBOR INDEX = 5.38%)
6.13 6.28 1 Best hybrid. Fixed for 3 years at 6.13%. Adjustable period begins in 4th year at 2.25% over LIBOR INDEX at that time.
Fixed 5/1 LIBOR ARM to $417,000
30-year amortization
6.25 6.40 1 Hybrid. Fixed for 5 years at 6.25%. Adjustable period begins in 6th year at 2.25% over 1yr LIBOR INDEX at that time
100% Zero Down to $417,000
Purchase Only.
30 year Fixed rate loan.
6.63 6.78 1 Owner Occupied Primary Home. 700 credit score.Full Doc
Residential Construction: 6 mos.Fixed
7.75
26.0
2.5
Owner-occupied.Combine with takeout to lower APR
Equity Line of Credit
6.75
6.90
1
Auto, vacation, home improvement, pay bills. $60,000+
* Interest Rates are subject to change daily, much like the stock market. 45-day lock pricing. Pricing is less for 15- and 30-day locks. Please call for the current daily quote.
* Interest rates and APR are based on loans of $100,000 or more. Interest rates may be slightly higher on loans less than $100,000.
* Half-point interest rates are at 21stCenturyLoans.com and 0-point rates are at Laffranchini Financial.(Laffranchini.com)

ADDITIONAL FINANCIAL LINKS:
21st Century Loans | Laffranchini Financial