Interest Rates posted are for rates quoted on Friday, January 09, 2015. For distribution to business
partners only. This estimate is to be used as an update on Interest Rates and products. For exact quotes and
APR’s please contact me.
Shane Cook
Senior Loan Officer, NMLS# 476328
Office: 252-564-3111, Cell: 252-207-2665, scook@primelending.com
“A Pre-qualification you can trust”
Total Loan Denial Letters Issued After Pre-qualification since 2003: ZERO
Prime Lending Offers Free Float Down Options on Most Products
Quotes listed below are for 30 day locks. Rates are quoted with no additional points. Base
Origination Charges are $885 for most products. When shopping rates it is best to look at the
lender’s total origination charges vs. the APR alone.
Conforming: loan amounts of $417,000 or less: Primary Residences and Second Homes
30 Year Fixed: 3.625% .5%Origination
30 Year Fixed: 3.75% 0 Origination
15 Year Fixed: 2.875% .5% Origination
7 Year ARM: 3.25% 0 Origination
5 Year ARM: 3.125% 0 Origination
96.5% and 100% Financing Government Loans: Primary Residences Only
VA 30 Year Fixed: 3.375% 0 Origination
FHA 30 Year Fixed: 3.375% 0 Origination
USDA 30 Year Fixed: 3.5% 0 Origination
Jumbo Loans: Primary Residences and Second Homes. Up to $3,000,000
30 Year Fixed: 3.875% 1% Origination
30 Year Fixed: 4.0% 0 Origination
7 Year ARM: 3.125% 0 Origination
5 Year ARM: 3.0% 0 Origination
Other Great Products:
*All Second Home Programs allow for Vacation Rental Addendums and Bills of Sale
*One Time Close Construction Loans with a free 270 day lock and float down
*Renovation Loans
*Loans for clients with up to 10 financed properties
*Loans in the 4 wheel Drive area (Carova)
*I am licensed through NC Housing to offer MCC, and Down Payment Assistance, and
various other First Time Home Buyer Programs