Dear Neighbors,
As an FDIC insured National Bank, BANK OF MANHATTAN has access to a significant amount of capital over what traditional warehouse line funded mortgage companies usually offer and provides alternatives to the commoditized mortgages of the big banks. Local presence ensures our clients will have peace of mind in knowing their loan officers have personal relationships with their BANK OF MANHATTAN underwriting, processing, and closing team ensuring a seamless mortgage experience. Experience the difference. Experience BANK OF MANHATTAN.
Bank of Manhattan is an equal opportunity employer; for confidential consideration for employment please send your resume to CSalceda@BankManhattan.com
Brian Keranen
Sales Manager 714.655.0191
Misty Lapham
VP, Loan Officer 562.900.5065
Nate Kuchera
VP, Loan Officer 949.633.6464
Diane Uehlinger
Sr. Loan Officer 213.422.4734
10/1 ARM, NO POINTS, 3.875% (3.910% APR), $1,500,000
1
New Initial Payment 1-20: $7202.73, 120-360: $7202.73
30 Year Fixed, NO POINTS, 3.875% (3.961% APR), $417,000
2
Payment: 1-360: $1960.89
Payment examples do not include taxes and insurance; actual payment will be greater. Example #1 assumes a purchase loan of $1,500,000 loan amount financed at the rate, APR, term noted above at maximum 80% loan-to-value, 34% DTI, with a 720 credit score and 1 year prepayment penalty may apply. The loan program example above converts to 2.25 over 1 year Libor after the initial fixed rate period adjustable annually thereafter. As of 03/14/12, the 1 year LIBOR index is 1.05%. Example #2 assumes a loan of $417,000 loan amount financed at the rate, APR, term noted above at maximum 80% loan-to-value, 45% DTI, with a 720 credit score and no prepayment penalty. Nothing herein is or should be interpreted as a commitment to lend. All loans are subject to credit and property approval. Rate and Annual Percentage Rate (APR) stated above are as of 03/19/2012. The payments noted above are principal and interest payment. Terms may vary, conditions and restrictions apply. Actual rate for the loan is determined at time of rate lock based upon program and terms requested. Rates and terms are subject to change without notice. ARM=Adjustable Rate Mortgage NMLS# 401422 ©2012 Bank of Manhattan, N.A.
