Our portfolio true jumbo mortgage rates continue to trend downward this week in Connecticut.  Currently we have the following Jumbo Rates with 0 points as of business close on  12/19/08:

30 Year Fixed             Call for Quote

10/1 ARM                    Call for quote

10/1 Int Only ARM   Call for quote

 5/1 ARM                      Call for quote

Typical minimum FICO scores of 680/700    Full Doc loans only.  Subject to verification of post closing assets and full underwriting.*

Currently with loan to values of up to 80% on purchase money/rate term refinances to $750,000, 75% on purchase money/rate term refinances up to $1,250,000, and up to 70% Financing to $1,500,000. 

We also offer competitive pricing on FHA, VA and Conventional Loans in Connecticut, as well USDA loans in qualified areas.

We also have other Jumbo and Super Jumbo Products available throughout the State of Connecticut, and will consider loans up to a 10 million dollar loan amount on a case by case basis.   Call for details on these ever-changing products. 

Other programs and rate may be available as well to more qualified consumers, these are our portfolio programs.

Michael Byrne

908 531 6170 Cell

www.refi-fhasecure.com

www.mortgageprosforum.com

* Guidelines subject to change without notice and subject to final investor underwriting **Price adjustments for loans over $750k on fixed rate loans: add a .615% for fixed rates over 750k

Gateway Funding Diversified Mortgage Services, L.P. is licensed by the PA Department of Banking as a first mortgage banker and licensed pursuant to the PA Secondary Mortgage Loan Act; Arkansas Mortgage Company License; Licensed by the Department of Corporations under the California Residential Mortgage Lending Act; DC Mortgage Lender and Broker; a Georgia Residential Mortgage Licensee (#15499); Illinois Residential Mortgage Licensee; Kansas licensed Mortgage Company; Massachusetts Mortgage Lender and Broker (#MC-3052); Licensed by the New Hampshire Banking Department (#10192-MBB); Licensed by the NJ Department of Banking and Insurance; Licensed Mortgage Banker NYS Banking Department; a Mortgage Lender and Broker in Rhode Island; Gateway Funding is also authorized or exempt as a mortgage banker in AL, CO, CT, DE, FL, IN, IA, ME, MD MI, MN, MO, MT, NE, NV, NM, NC, OH, OK, OR, SC, TN, TX, UT, VT, VA, WV, and WI. This is not an offer to extend credit to any individual who may be entitled to a more complete disclosure per RESPA, TILA, HOEPA or any other more applicable federal, state or local law or regulation, Rates, Terms, Fees and Equity requirements are subject to change without notice. For qualified borrowers only. Equal Housing Lender.  © 2008 Gateway Funding Diversified Mortgage Services, L.P.

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