WGB Homes - Brookmeadow Village Financing Program
Special Financing Exclusively for Brookmeadow Village Buyers & Existing Homeowners
5/5 arm MORTGAGE
3.50% RATE
(3.9137% APR)
JUMBO AND CONVENTIONAL
Lower Payments for the First 5 Years! Fixed rate for the first
5-years; rate adjusted every 5-years thereafter with 1& 3 Rate Caps!
The Initial rate of 3.50% /3.9137% APR is based on the initial term on a $100,000 Loan. 5% down option may be available to qualified borrowers. At the initial rate, there would be 60 payments of $449.04 on a 30-year, $100,000 loan. Payments do not include taxes and insurance, which will affect your obligation.
After the initial 5 year period, the interest rate may adjust every 60 months, but never more than one percentage point per adjustment period and no more than a total of three points during the life of the loan. Over the life of the loan, the note can never exceed 6.50% or fall below 3.50%.
This rate has been negotiated especially for Brookmeadow Village Buyers and Residents
Special Savings of $450.00 off of Normal Closing Costs!
All the benefits of a 30 year Fixed Rate Loan with Lower Payments for the first 5 Years!
Compare to a 30 year fixed rate*
OUR 5/5 has a TOTAL INTEREST PAYMENT $78,689.70
Program DISCLOSURE 5/5 ARM, APR of 3.9137% based on an INITIAL $100,000 loan. First 60 payments of $449.04 @ 3.50%, Next 60 payments of $498.57 @ 4.50%, additional 240 payments of $577.94 @ 6.50%
30 Year Fixed TOTAL INTEREST PAYMENT $ 79,275.97
30 YEAR FIXED* APR of 4.436 % based on the Initial term for a $100,000 Loan, Payment $491.94 for 360 payments based on 4.250% note rate
5/3 arm MORTGAGE
3.25% RATE
(3.4224% APR)
JUMBO AND CONVENTIONAL
Lower Payments for the First 5 Years! Fixed rate for the first
5-years; rate adjusted every 3-years thereafter with 1& 3 Rate Caps!
The Initial rate of 3.25% /3.4224% APR is based on the initial term on a $100,000 Loan. 5% down option may be available to qualified borrowers. At the initial rate, there would be 60 payments of $435.21 on a 30-year, $100,000 loan. Payments do not include taxes and insurance, which will affect your obligation.
After the initial 5 year period, the interest rate may adjust every 36 months, but never more than one percentage point per adjustment period and no more than a total of three points during the life of the loan. Over the life of the loan, the note can never exceed 6.25% or fall below 3.25%.
This rate has been negotiated especially for Brookmeadow Village Buyers & Residents
Special Savings of $450.00 off of Normal Closing Costs!
All the benefits of a 30 year Fixed Rate Loan with Lower Payments for the first 5 Years!
Compare to a 30 year fixed rate*
OUR 5/3 has a TOTAL INTEREST PAYMENT $75,947.50
Program DISCLOSURE 5/3 ARM, APR of 3.4224% based on an INITIAL $100,000 loan. First 60 payments of $435.21 @ 3.250%, Next 36 payments of $483.81 @ 4.250%, additional 240 payments of $561.54 @ 6.250%
30 Year Fixed TOTAL INTEREST PAYMENT $ 79,275.97
30 YEAR FIXED* APR of 4.436 % based on the Initial term for a $100,000 Loan, Payment $491.94 for 360 payments based on 4.250% note rate
Call Anne Marie Rafferty or any of our Mortgage Experts at:
Security First Mortgage Funding LLC
1 Ararat Street
Worcester, MA 01606
508-853-3000
1-800-245 HOUSE
NMLS 252771
Millbury Federal Credit Union
377 Providence Road
South Grafton, MA 01570
Phone:508-839-1895
