FSA Guaranteed Loans
As of January 19, 2021
As of January 19, 2021
|
Product
FMAC 3-mo FMAC 5-Yr Reset COFI FMAC 10-Yr Reset COFI FMAC 15-Yr Reset COFI Fixed 7-Yr Loan Fixed 15-Yr Loan Fixed 20-Yr Loan Fixed 25-Yr Loan Fixed 30-Yr Loan |
Term
20/25/30 years 20/25/30 years 20/25/30 years 20/25/30 years 7 years 15 years 20 years 25 years 30 years |
Amortization
20/25/30 years 20/25/30 years 20/25/30 years 20/25/30 years 7 years 15 years 20 years 25 years 30 years |
Rate
2.90% 3.60% 4.15% 4.40% 3.45% 4.20% 4.50% 4.60% 4.75% |
Annual, Semi-Annual, Quarterly, & Monthly Payment Options Available For All Products
If Monthly Pay, Then Reduce Rate By .10%
Rates quoted are for loan amounts greater than $500,000. Lessor loan amounts may have a higher rate. Minimum size $200,000.
Maximum loan size of $1,776,000 (effective October 2019)
All loans have a loan fee due FSA in the amount of 1.5% of the guaranteed amount (90% of the loan amount), in addition to fees charged by lender.
If Monthly Pay, Then Reduce Rate By .10%
Rates quoted are for loan amounts greater than $500,000. Lessor loan amounts may have a higher rate. Minimum size $200,000.
Maximum loan size of $1,776,000 (effective October 2019)
All loans have a loan fee due FSA in the amount of 1.5% of the guaranteed amount (90% of the loan amount), in addition to fees charged by lender.
