©2018Bank of Hope,NMLS#794513
bankofhope.com
Our 7/1 adjustable rate loan programs are perfect for homeowners looking for an initial fixed period with a lower interest rate than a traditional fixed rate loan. Whether you’re looking to purchase a new home or refinance your existing one, Bank of Hope’s Mortgage Banking Division has the perfect loan for you.
7/1 ARM PURCHASE
FOR THE FIRST 7 YEARS
Interest rate
FOR THE NEXT 23 YEARS, ADJUSTED ANNUALLY
Interest rate Payment
Payment
Based on $800,000.00 loan amount and $1,619.00 origination fee.
*
Loan Interest rate, APR, and payment are subject to adjust annually at the end of the 7-year fixed rate period based on the sum of an index and margin rounded to nearest 1/8th at that time. Payments do not include applicable taxes and insurance premiums.
Contact one of our loan officers for more information.
Todd Godfrey RegionalManager 949.939.1717
todd.godfrey@bankofhope.com NMLS #632717
Tim Sibley Senior Loan Officer 949.698.1272
timothy.sibley@bankofhope.com NMLS #260939
Diane Uehlinger Senior Loan Officer 949.999.7929
diane.uehlinger@bankofhope.com NMLS #483963
Dave Schweitzer Senior Loan Officer 949.999.7936
david.schweitzer@bankofhope.com NMLS #323955
Tayt Ianni Senior Loan Officer 949.689.8639
tayt.ianni@bankofhope.com NMLS #310914
Todd Fite Senior Loan Officer 310.527.2681
todd.fite@bankofhope.com NMLS #295198
DISCLAIMER: Ratesand APRisbased on loan amount. Mortgage rates aresubject change daily.Actual paymentswill varybased on your individual situation and currentrates. Some products maynot be available in all states. Based on thepurchaseofaprimaryresidence. Credit and collateralsubject to approval.Cannotcombine withany otherspecials. Payment example does notincludetaxes and insurancepayments. Rates andAPR*=Annual Percentage Rate exampleassumes –1,000,000 PurchasePricefor Purchasetransactions or 80%loanto-value, 43% debttoincome (DTI) witha780 FICO.
Origination Fees are as follows: $1,619for all programs. Rates andAnnual Percentage Rates (APR)stated above areasof06/15/2018. Termsmay vary,conditions and restrictions apply. Actual rate forthe loan is determined at thetime of rate lockbasedupon program and terms requested.Ratesand terms are subject to change without notice.