Conforming 7/1 ARM  ln1

 

Rates & points assume purchase loan amount of $225,000, primary residence, credit scores 740 and $950.00 in lender fees. Lower loan amounts and the amount of equity you have may require slightly higher points. The quoted points include both origination and discount.

Please note: A refinance adds .25 to the points. (Not the rate!) 

 

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Note: Negative points indicate a rebate back to you which may be used to pay closing costs but will not allow cash back to you , unless it is to reimburse you for costs you have already paid.