Midwest Loan Services - Classic Pricing |
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09/08/04 |
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Classic: 30 Yr. Fixed Rate, 20 Yr. Fixed Rate |
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Classic: 15 Yr. Fixed Rate |
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Classic: 5/1 Yr. LIBOR ARM - 2.25% Margin |
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Classic: 5/6 Mo. LIBOR ARM - 2.25% Margin |
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Classic: 6 Mo. LIBOR ARM - 2.75% Maximum Margin |
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(J30F) |
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(J15F) |
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(J51L) |
0 |
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(J56L) |
0 |
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0 |
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Classic Price
Adjustments |
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Max
Price |
103 |
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Max
Price |
103 |
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Max
Price |
102.25 |
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Max
Price |
102.25 |
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All Products |
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Rate |
Price |
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Rate |
Price |
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Rate |
Price |
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Rate |
Price |
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Rate |
Price |
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2 Unit |
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-0.500 |
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7.125 |
102.5683 |
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6.75 |
103.1565 |
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6.5 |
103.785 |
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6.75 |
103.563 |
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4.25 |
101.8222 |
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3-4 Unit |
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-1.000 |
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7 |
102.4433 |
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6.625 |
103.0315 |
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6.375 |
103.5975 |
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6.625 |
103.3755 |
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4 |
101.4222 |
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Low-Rise Condo |
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-0.250 |
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6.875 |
102.3183 |
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6.5 |
102.9065 |
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6.25 |
103.41 |
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6.5 |
103.188 |
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High-Rise Condo |
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-0.250 |
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6.75 |
102.1933 |
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6.375 |
102.7815 |
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6.125 |
103.2225 |
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6.375 |
103.0005 |
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Limited Doc (fixed rate
products only) |
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-0.375 |
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6.625 |
102.0683 |
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6.25 |
102.6565 |
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6 |
103.035 |
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6.25 |
102.813 |
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Escrow Waiver |
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-0.125 |
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6.5 |
101.9433 |
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6.125 |
102.521 |
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5.875 |
102.8475 |
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6.125 |
102.6255 |
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6.375 |
101.8183 |
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6 |
102.3335 |
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5.75 |
102.656 |
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6 |
102.438 |
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J30F/J20F/J15F/J56L Price
Adjustments |
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6.25 |
101.6793 |
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5.875 |
102.1355 |
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5.625 |
102.4185 |
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5.875 |
102.2373 |
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Loan Amount <= $100 K |
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-0.375 |
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6.125 |
101.4778 |
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5.75 |
101.8855 |
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5.5 |
102.181 |
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5.75 |
101.9998 |
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Loan Amount > $100 K
to $333,700 |
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0.250 |
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6 |
101.2138 |
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5.625 |
101.625 |
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5.375 |
101.9435 |
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5.625 |
101.7623 |
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Loan Amount > $400 K to $650 K |
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-0.125 |
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5.875 |
100.8033 |
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5.5 |
101.3125 |
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5.25 |
101.706 |
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5.5 |
101.5248 |
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Loan Amount > $650 K
to $1 MM |
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-0.375 |
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5.75 |
100.0253 |
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5.375 |
100.9475 |
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5.125 |
101.4685 |
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5.375 |
101.2873 |
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Loan Amount > $1 MM to
$1.5 MM |
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-0.750 |
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5.625 |
99.1363 |
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5.25 |
100.3015 |
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5 |
101.225 |
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5.25 |
101.0498 |
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Loan Amount > $1.5 MM
to $2 MM |
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-1.000 |
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5.5 |
98.1848 |
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5.125 |
99.541 |
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4.875 |
100.9125 |
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5.125 |
100.7925 |
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Cashout Refinance |
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-0.375 |
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5.375 |
97.1848 |
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5 |
98.718 |
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4.75 |
100.6 |
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5 |
100.48 |
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Second Home |
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-0.750 |
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5.25 |
96.1848 |
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4.875 |
97.843 |
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4.625 |
100.2875 |
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4.875 |
100.1675 |
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Interest Only |
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5.125 |
95.1848 |
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4.75 |
96.968 |
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4.5 |
99.975 |
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4.75 |
99.855 |
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J30F |
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-0.250 |
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J6MP Price Adjustments |
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5 |
94.1848 |
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4.625 |
96.093 |
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4.375 |
99.6625 |
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4.625 |
99.5425 |
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J56L |
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-0.375 |
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Loan Amount <= $100 K |
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-0.125 |
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4.875 |
93.1848 |
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4.5 |
95.218 |
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4.25 |
99.345 |
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4.5 |
99.23 |
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California Loans (except
J15F) |
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-0.125 |
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Loan Amount > $100 K
to $400 K |
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0.000 |
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FICO Adjustments: |
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>=720 |
719-680 |
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Loan Amount > $400 K
to $650 K |
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0.000 |
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LTV 90.01-95 |
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-0.500 |
-0.875 |
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Loan Amount > $650 K
to $1MM |
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0.000 |
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LTV 85.01-90 |
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0.250 |
-0.375 |
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Loan Amount > $1 MM to
$1.5 MM |
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-0.625 |
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LTV 80.01-85 |
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0.250 |
-0.125 |
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Loan Amount > $1.5MM
to $2 MM |
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-1.000 |
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LTV 75.01-80 |
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0.250 |
0.000 |
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Cashout Refinance |
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-0.375 |
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LTV 70.01-75 |
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0.250 |
0.000 |
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Second Home |
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-0.750 |
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LTV 65.01-70 |
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0.250 |
0.250 |
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Interest Only |
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-0.125 |
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LTV 60.01-65 |
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0.500 |
0.375 |
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FICO Adjustments: |
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>=720 |
719-680 |
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LTV <=60 |
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0.625 |
0.500 |
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LTV 90.01-95 |
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0.000 |
-0.875 |
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LTV 85.01-90 |
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0.000 |
-0.375 |
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J51L Price Adjustments |
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LTV 80.01-85 |
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0.000 |
-0.125 |
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Loan Amount > $333,700 to $400 K |
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-0.375 |
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LTV 75.01-80 |
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0.000 |
0.000 |
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Loan Amount > $400 K
to $650 K |
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-0.750 |
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LTV 70.01-75 |
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0.000 |
0.000 |
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Loan Amount > $650 K
to $1 MM |
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-1.125 |
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LTV 65.01-70 |
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0.125 |
0.000 |
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Loan Amount > $1 MM to
$1.5 MM |
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-1.375 |
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LTV 60.01-65 |
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0.125 |
0.000 |
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Loan Amount > $1.5 MM
to $2 MM |
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-1.625 |
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LTV <=60 |
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0.250 |
0.000 |
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Cashout Refi |
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-0.500 |
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Interest Only |
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-1.000 |
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California Loans |
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-0.125 |
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LTV
90.01-95 |
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-0.250 |
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LTV 65.01-95 and Combined LTV
90.01-95 |
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-0.250 |
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