Annual Percentage Rate (APR) calculation assume no subordinate financing and that the borrower will provide full income documentation.
Annual Percentage Rate (AP) calculations assume single family, detached owner occupied primary residence; a loan-to-value ratio of less than 90%; a minimum FICO score of 680; and a loan amount of $200,000 for conforming loans of $650,000 for jumbo loans, unless otherwise specified.
On purchase money loan transactions, the Lexington Home Loans fee does not include fees for: appraisal, title exam, abstract of title, title insurance, property survey, title policy endorsements or outside escrow company charges. These costs must be paid for by the consumer in addition to the Lexington Home Loans Fee.
Available first mortgage rates and fees may vary depending on your property's location.
Monthly Payment per $1,000 and Monthly Payment calculations include principal and interest ONLY. PMY (Private Mortgage Insurance), hazard insurance, property taxes, state taxes, mortgage taxes, homeowner's association dues, and other recurring costs are not included.
On refinance transaction, a borrower is responsible for fees and costs associated with the re-conveyance of the deed of trust, and Annual Percentage Rate (APR) calculations assume a rate and term refinance. These costs and fees must be paid for by consumers in addition to Lexington Home Loans fees. Monthly payment reflects principal and interest ONLY and does not include possible recurring costs such as hazard insurance, state taxes, demand, recording fees, property taxes, mortgage taxes, homeowner's association dues, or private mortgage insurance.
Rates may be higher for loan amounts under $100,000 and over $650,000. Please call for details.
Roll-downs are only available on loan amounts of $150,000 or more.
Rates are subject to change without notice.
Closing Costs assume 30 days prepaid interest and hat a borrower will escrow monthly property tax and insurance payments.
Restrictions may apply.
Subject to underwriter approval; not all applicants will be approved.
Fees and charges apply.
Taxes and insurance are extra.
On refinance transactions, the Annual Percentage Rate (APR) calculations assume a rate and term refinance.