March 25, 2019.

5/1 Adjustable Rate Mortgage: The initial principal and interest payment on a 30-year $250,000 5-year Adjustable-Rate Loan at 2.125% and 80% loan-to-value (LTV) is $940 with 1.25 points due at closing. The Annual Percentage Rate (APR) is 2.84%. This product and pricing assumes a FICO score of 720 on a primary residence single family home. After the first 5 years, the rate can change once every year for the remaining life of the loan. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Rate is variable.

5/1 Adjustable Rate Mortgage: The initial principal and interest payment on a 30-year $200,000 5-year Adjustable-Rate Loan at 2.125% and 80% loan-to-value (LTV) is $752 with 1.25 points due at closing. The Annual Percentage Rate (APR) is 2.86%. This product and pricing assumes a FICO score of 720 on a primary residence single family home. After the first 5 years, the rate can change once every year for the remaining life of the loan. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Rate is variable.

5/1 Adjustable Rate Mortgage: The initial principal and interest payment on a 30-year $150,000 5-year Adjustable-Rate Loan at 2.125% and 80% loan-to-value (LTV) is $564 with 1.25 points due at closing. The Annual Percentage Rate (APR) is 2.89%. This product and pricing assumes a FICO score of 720 on a primary residence single family home. After the first 5 years, the rate can change once every year for the remaining life of the loan. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Rate is variable.

Ask your loan officer about all options and about low fixed rates. Actual interest rates and terms availe will vary based on individual credit qualifications including credit history, income, loan to value, property type and location and other factors. FHA.com is publisher of mortgage information. FHA.com is not a lender and does not make loans.

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