Bill Meyers, Mortgage Loan Consultant                                                                Phone 239-566-8484 or toll free 877-994-9589
Marco Island FL 34145
    

 
            
          Home                                                                                                                                      Mortgage Rates

  Option ARM Mortgage Rates and Payment Calculator        
   
Notice: effective Tuesday September 4th, low doc loans over 60% will have additional costs.  Loans locked prior to that date are unaffected.  
        Enter your loan amount to calculate monthly payment    
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          Option 1, negative amortization Payment options 2, 3 and 4 do not have negative amortization. Choose your payment each month.
  30 year loans, 60 day rate lock     August 2007 12 MTA index: 4.983% Option 2,  interest only Option 3,  30 year amortization Option 4,   15 year amortization
    Rate Margin Fully indexed rate Points Estimated APR Lifetime maximum rate Payment Payment Payment Payment
  To $1,500,000 1.000% 2.350% 0.000 7.807% 8.950%
  $1,500,001 to $2,000,000 1.000% 2.350% 0.125 8.950%
  $2,000,001 to $3,000,000 1.000% 2.350% 8.950%
  $3,000,001 to $5,000,000 2.350% 8.950%
       
     
     
  Credit scores, use of property and loan to value ratios may affect rates/fees  
  Quotes based on 3 year pre-payment penalty  
  Some restrictions apply, all information subject to change without notice.      
  Please call 239-566-8484 for additional information.  
  Stated income (low doc) parameters  
  Loans with no closing costs  
  Standard 30 year fixed rate mortgages  


Questions?  Call Bill Meyers toll free at  877-994-9598 or 239-566-8484 or e-mail

This website is not a solicitation for mortgage brokers
Rates vary with geographic location, lender, transaction type, credit scores and other factors
APR is abbreviation for annual percentage rate
Rates change frequently and these rates may not reflect the latest market conditions
Expressed interest rate may change or be unavailable at commitment or closing
Most rates based on primary residence, purchase transaction
Cash out refinance rates may be slightly higher
Some loans may have pre-payment penalties
Rates on some programs may require higher down payments
This is only a brief summary of rates and programs and possible fees, call for additional information on underwriting requirements
and program limitations.  Guidelines and rates posted here are general in nature and subject to change without notice. 
Rates must be locked by phone or in person.
Mortgage calculators are believed to be accurate but results are not guaranteed
All information published on this web site is believed to be accurate but cannot be guaranteed, errors may occur
This site has been built and is maintained by Bill Meyers

Bill Meyers is employed as a  mortgage loan consultant for one of the nation's largest residential lenders.  Bill works as an employee and not a mortgage broker.  This is Bill's personal web site and not the official web site of  any bank or mortgage company.  Please consider all information posted on this site to be general in nature and representative of mortgage rates and policies that may be available from various sources.  Bill is located on Marco Island Florida.  Bill can be reached on his cell phone at (239)566-8484


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