1. Healthcare

Thursday, February 05, 2015
4:15 PM
EDT
Crescent Mortgage Company
5901 Peachtree Dunwoody Road NE, Bldg C, Suite 250 Atlanta, GA 30328
(800) 851-0263
www.crescentmortgage.com
Market Update:
2/5/2015
Price Improvement Effective 4:15 P. M. ET
30Yr Bond Yield 2.416, 10 Yr. Bond Yield 1.807 as of 4:15pm ET
Marketing Department Information
Table Of Contents
[email protected]
Email:
FAX:
770-677-7992 Locks Only
10:30AM the following business day
Rates are good through:
*** RATES SUBJECT TO CHANGE WITHOUT NOTICE.
Lock Periods:
15 Day - Approved Loans Only
* Refinance Transactions limited to a Maximum 45 Day Lock *
30 Day , 45 Day
60 Day for Purchase Transactions or Construction Perm Refi ONLY
Not Allowed: (1) Ground Leases in all states, (2) and ONLY in Cook County, IL if you
are a bank or credit union. NO locks on TBD addresses.
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7 & 8
Conventional Fixed and ARM
DU Refi Plus
LP Open Access
DU High Balance & LP Super Conforming
FHA / VA and USDA
Jumbo Fixed and ARM - Option I & II
Announcements
VA price adjusters have changed. See Govt rate
sheet for details
Marketing and Rate Lock Extension Policy
**** 3 day right-of rescission not counted in lock, loan must close by expiration date. ***
Crescent Mortgage offers overnight price protection until 10:30 am Eastern time for NEW locks only, unless pricing
suspended / changed.
Locks that expire on weekend or holiday automatically are extended to following business day.
Crescent Mortgage closely monitors lock fall out and pull through.
Once expired, relocks are based on worse of original price or current market.
Extension requests on expiring locks MUST be received by 6:00 PM ET on the expiration date. NO EXCEPTIONS
These fees are incurred regardless if current market is better or worse than original lock price. ***
1)
2)
3)
4)
5)
There is no fee for a 1 time only 1 day extension if no other extensions have been made.
The fee is 0.10 (10 bps) for a 5 calendar day extension.
The fee is 0.20 (20 bps) for a 10 calendar day extension.
The fee is 0.30 (30 bps) for a 15 calendar day extension.
Once a loan has been extended a TOTAL of 15 days (Including the 1 Day free extension),
then any additional extensions will be worse case price.
Re-Locking Expired Locks
Locks that expire can be re-locked for a maximum of 15 days.
Such loans must be re-locked off of worse case pricing when comparing original market to current market.
All re-locks will cost at least .30pt, but could be more depending on current market.
Locks that have been expired for 60 days or more will be relocked at current market.
Fees:
Wholesale
Correspondent
1x CP Modification
$725
Conventional Conforming
$600
$250
$725
FHA
$600
$725
VA
$600
VA IRRRL
No Separate Admin Fee on VA IRRRL (See Rate Sheet for price adjustment)
$725
Rural Housing
$600
$725
Jumbo Option I & II
$600
$10
Flood Cert
$10
In House Appraisal Admin Fee
$75
$75
CRESCENT ACCOUNT EXECUTIVES
Alex Williams
Alex Williams
Ashli Matson
Bob Capodieci
Bob Shellenberger
Bryan Rivas
Bryan Sherrill
Dawn Cooley
Drais Von Hagen
Greg Reynolds
Jill Levine
Peggy Tyre
Rick McKinley
Sherry Orton
Shy Tittlebaum
SVP Sales & Marketing
IL, KS, MO, OH, PA, South Texas
GA
CT, MA, ME, NH, VT, RI
FL
WA, OR, ID
IN, KY, WV
CO, UT, WY, MT
TN
North TX, OK
NC, SC
DC, VA, DE, MD
IA, MI, MN, ND, SD, WI
AL
LA, MS, AR
770-846-8545
770-846-8545
770-714-5417
603-930-5989
727-638-1583
425-802-9790
502-435-6666
970-278-9328
865-607-5626
817-917-0261
703-819-6170
804-836-6424
763-458-4051
205-532-0596
225-810-6085
THIS RATE SHEET IS FOR MORTGAGE PROFESSIONALS ONLY, NOT FOR PUBLIC CONSUMPTION.
CMC Rates are price indications only and are subject to change without notice
DATE:
Conventional Conforming Fixed / ARM
Effective
02/05/15
4:15 PM EDT
EXPIRATION DATES (Must close by expiration date)
15 DAY
02/20/15
45 DAY
03/22/15
30 DAY
03/07/15
60 DAY
04/06/15
15 Day Lock for Approved Loans only. 60 Day Locks for Purchase or Const/Refi only.
LIBOR 12 MONTH
FNMA 30 Day Yield
0.618
3.187
* Refinance Transactions limited to a Maximum 45 Day Lock *
Fannie Mae Fixed Rate (DU)
30 Year FNMA
15 Days
105.313
4.625
105.065
4.500
104.818
4.375
104.505
4.250
104.245
4.125
103.796
4.000
103.679
3.990
103.407
3.875
102.813
3.750
102.088
3.625
101.107
3.500
100.955
3.490
100.265
3.375
99.543
3.250
30 Days
45 Days
60 Days
105.163
104.915
104.668
104.355
104.095
103.646
103.529
103.257
102.663
101.938
100.957
100.805
100.115
99.393
105.013
104.765
104.518
104.205
103.945
103.496
103.379
103.107
102.513
101.788
100.807
100.655
99.965
99.243
104.763
104.515
104.268
103.955
103.695
103.246
103.129
102.857
102.263
101.538
100.557
100.405
99.715
98.993
20 Year FNMA
15 Days
104.523
4.250
104.290
4.125
103.870
4.000
103.768
3.990
103.514
3.875
102.934
3.750
102.409
3.625
101.451
3.500
101.319
3.490
100.652
3.375
99.944
3.250
30 Days
45 Days
60 Days
104.373
104.140
103.720
103.618
103.364
102.784
102.259
101.301
101.169
100.502
99.794
104.223
103.990
103.570
103.468
103.214
102.634
102.109
101.151
101.019
100.352
99.644
103.973
103.740
103.320
103.218
102.964
102.384
101.859
100.901
100.769
100.102
99.394
30 Days
45 Days
60 Days
104.123
103.790
103.320
103.328
103.039
102.509
101.959
101.026
100.919
100.302
99.494
103.973
103.640
103.170
103.178
102.889
102.359
101.809
100.876
100.769
100.152
99.344
103.723
103.390
102.920
102.928
102.639
102.109
101.559
100.626
100.519
99.902
99.094
15 Year FNMA
15 Days 30 Days 45 Days 60 Days
103.944
103.794
103.644
103.394
3.875
103.873
103.723
103.573
103.323
3.750
103.802
103.652
103.502
103.252
3.625
103.706
103.556
103.406
103.156
3.500
103.363
103.213
103.063
102.813
3.375
103.045
102.895
102.745
102.495
3.250
102.771
102.621
102.471
102.221
3.125
102.307
102.157
102.007
101.757
3.000
102.165
102.015
101.865
101.615
2.990
101.616
101.466
101.316
101.066
2.875
100.974
100.824
100.674
100.424
2.750
10 Year FNMA
See Scenario Pricer for 10yr price improvement
Freddie Mac Fixed Rates (LP)
30 Year FHLMC
15 Days
104.963
4.625
104.765
4.500
104.518
4.375
104.205
4.250
103.945
4.125
103.496
4.000
103.379
3.990
103.107
3.875
102.513
3.750
101.788
3.625
100.797
3.500
100.655
3.490
99.940
3.375
99.218
3.250
30 Days
45 Days
60 Days
104.813
104.615
104.368
104.055
103.795
103.346
103.229
102.957
102.363
101.638
100.647
100.505
99.790
99.068
104.663
104.465
104.218
103.905
103.645
103.196
103.079
102.807
102.213
101.488
100.497
100.355
99.640
98.918
104.413
104.215
103.968
103.655
103.395
102.946
102.829
102.557
101.963
101.238
100.247
100.105
99.390
98.668
20 Year FHLMC
15 Days
104.273
4.250
103.940
4.125
103.470
4.000
103.478
3.990
103.189
3.875
102.659
3.750
102.109
3.625
101.176
3.500
101.069
3.490
100.452
3.375
99.644
3.250
30 Days
45 Days
60 Days
103.544
103.448
103.377
103.306
102.963
102.645
102.321
101.857
101.715
101.141
100.549
103.394
103.298
103.227
103.156
102.813
102.495
102.171
101.707
101.565
100.991
100.399
103.144
103.048
102.977
102.906
102.563
102.245
101.921
101.457
101.315
100.741
100.149
No FHLMC 10 Yr Product available at this time
LIBOR ARM
5/1 LIBOR ARM
15 Year FHLMC
15 Days
103.694
3.875
103.598
3.750
103.527
3.625
103.456
3.500
103.113
3.375
102.795
3.250
102.471
3.125
102.007
3.000
101.865
2.990
101.291
2.875
100.699
2.750
Adjustments for NO ADMIN FEE Program Only
7/1 LIBOR ARM
10/1 LIBOR ARM
Rate
30 Days
Rate
30 Days
Rate
30 Days
4.000
3.875
3.750
3.625
3.500
3.375
3.250
3.125
3.000
2.875
103.225
103.000
102.800
102.550
102.275
102.000
101.725
101.325
100.925
100.475
4.250
4.125
4.000
3.875
3.750
3.625
3.500
3.375
3.250
3.125
103.650
103.525
103.400
103.175
102.875
102.525
102.150
101.750
101.325
100.825
4.750
4.625
4.500
4.375
4.250
4.125
4.000
3.875
3.750
3.625
103.725
103.775
103.850
103.800
103.750
103.425
103.050
102.600
102.150
101.600
1 YR LIBOR
0.618
Margin
2.25
Non-Convertible
Loan Amt Price Adjustments for No Admin Fee FNMA/FHLMC 30YR Fixed Programs Only
-3.800
-1.450
-1.200
-0.700
-0.550
-0.450
-0.400
-0.250
-0.200
-0.200
-0.150
Loan Amount $25,000 to $59,999
Loan Amount $60,000 to $74,999
Loan Amount $75,000 to $99,999
Loan Amount $100,000 to $124,999
Loan Amount $125,000 to $149,999
Loan Amount $150,000 to $174,999
Loan Amount $175,000 to $199,999
Loan Amount $200,000 to $224,999
Loan Amount $225,000 to $249,999
Loan Amount $250,000 to $274,999
Loan Amount $275,000 to Limit
5/1, 7/1 & 10/1 LIBOR ARM NOTES :
45 Day Lock subtract
0.150 pt
30 Year FNMA No Admin Fee
5/1 Caps 2/2/5 , 1 Yr LIBOR, 2.25 Margin.
60 Day Lock subtract
0.400 pt
30 Year FHLMC No Admin Fee
7/1 & 10/1 Caps 5/2/5, 1 Yr LIBOR, 2.25 Margin.
*LP Approved - subtract .50pt from price
Risk Based Pricing
Credit Score
>= 740
LTV / Credit Score Grid
< = 60
Cash Out Refinances
LTV
> 60 <= 70 >70 < = 75 >75 < = 80 >80 < = 90 >90 < = 97
LTV / Credit Score Grid
< = 60
> 60 <= 70
LTV
>70 < = 75
0.000
-0.250
-0.250
>75 < = 80 >80 < = 85
0.250
0.000
0.000
-0.250
-0.250
-0.250
Credit Score
=> 740
-0.500
-0.625
720 & <= 739
0.250
0.000
-0.250
-0.500
-0.500
-0.500
>= 720 & <= 739
0.000
-0.625
-0.625
-0.750
-1.500
700 & <= 719
0.250
-0.500
-0.750
-1.000
-1.000
-1.000
>= 700 & <= 719
0.000
-0.625
-0.625
-0.750
-1.500
680 & <= 699
0.000
-0.500
-1.250
-1.750
-1.500
-1.250
>= 680 & <= 699
0.000
-0.750
-0.750
-1.375
-2.500
660 & <= 679
0.000
-1.000
-2.250
-2.750
-2.750
-2.250
>= 660 & <= 679
-0.250
-0.750
-0.750
-1.500
-2.500
640 & <= 659
-0.500
-1.250
-2.750
-3.000
-3.250
-2.750
>= 640 & <= 659
-0.250
-1.250
-1.250
-2.250
-3.000
620 & <= 639
-0.500
-1.500
-3.000
-3.000
-3.250
-3.250
>= 620 & <= 639
-0.250
-1.250
-1.250
NA
NA
< 620
N/A
N/A
N/A
N/A
N/A
N/A
NA
NA
NA
NA
NA
< 620
Risk based pricing adjustments apply to all conventional conforming loans except
Cash Out adjustments apply to all conventional loans.
loans with terms of 180 months or less.
** Texas Cash-Out under $100,000
Other Adjustments
additional price adj = -.50pt
Subordinate Financing
LTV Range
CLTV Range
Score <720
Score >=720
<=65%
>80% <=95%
-0.500
-0.250
0.100
>65% <=75%
>80% <=95%
-0.750
-0.500
$50,000 to $99,999
-0.250
>75% <=95%
>90% <=95%
-1.000
-0.750
$25,000 to $49,999
-1.000
>75% <=90%
>76% <=90%
-1.000
-0.750
< $25,000
-2.000
<=95
>95% <=97%
-1.500
-1.500
High LTV (97% LTV)
>95 and <=97 Purchase and R/T Fixed DU 9.2 Only
-0.500
Escrow Waiver
Owner Occp with Score >= 660 & LTV <= 80%
Add to Price
Loan Amount (adjusters do not apply if NO ADMIN FEE program selected)
>= $200,000
-0.250
LPMI
30,25,20 Yr 15 & 10 Yr
State Adjusters (Fixed Rate Only)
80.01-85
85.01-90
90.01-95
Primary - Purchase/Rate/Term >=740
(0.990)
(1.370)
(2.150)
TX
0.200
0.100
Primary - Purchase/Rate/Term 720-739
(1.120)
(1.720)
(2.350)
SC
0.100
0.000
Primary - Purchase Only 680-719
(1.330)
(2.170)
(3.290)
CO, CT, FL, ID, LA, MA, ME, MS, NC, NH, RI, SD, TN, UT, VT, WA, WY
-0.100
-0.100
Primary - Cash-Out >=740
(1.490)
n/a
n/a
AL, AR, DE, IL, IN, KY, MD, MN, NE, NM, OH, VA, WI
-0.150
-0.100
Primary - Cash-Out 720-739
(1.820)
n/a
n/a
AZ, DC, IA, MI, MT, NV, WV
-0.200
-0.150
SecondHome Purch/RateTerm >=740
(1.240)
(1.620)
n/a
CA
-0.375
-0.250
SecondHome Purch/RateTerm 720-739
(1.610)
(2.210)
n/a
-1.000
2 - 4 Units
Investment Property
No Condos - Minimum $50,000 Loan Amt
Purchase Only >>
Condos
1 Unit
-1.750
Multiple Financed Properties - INVESTOR and Second Home loans with
To MAX 80 LTV
1 Unit
-3.000
5 to 10 financed properties - Adjust pricing by -2.00 pt
To MAX 75 LTV
2 - 4 Units
-1.750
Primary Owner Occupied Only
FNMA 30 yr fixed My Community
FHLMC 30 yr fixed Home Possible
Fannie Mae ONLY
To 75 LTV
LTV > 75%
-0.750
-2.000
-3.000
Date: 2/5/2015
Fannie Mae DU Refi Plus
Effective:
4:15 PM
EXPIRATION DATES (Must close by expiration date)
15 DAY
02/20/15
45 DAY
03/22/15
30 DAY
03/07/15
60 DAY
04/06/15
Fannie Mae DU Refi Plus
30 yr FNMA DU Refi Plus
4.625
4.500
4.375
4.250
4.125
4.000
3.990
3.875
3.750
3.625
3.500
3.490
3.375
3.250
20 yr FNMA DU Refi Plus
15 Days
30 Days
45 Days
104.888
104.665
104.393
104.105
103.645
102.996
102.854
102.507
101.913
100.688
99.672
99.405
98.640
97.868
104.738
104.515
104.243
103.955
103.495
102.846
102.704
102.357
101.763
100.538
99.522
99.255
98.490
97.718
104.588
104.365
104.093
103.805
103.345
102.696
102.554
102.207
101.613
100.388
99.372
99.105
98.340
97.568
4.250
4.125
4.000
3.990
3.875
3.750
3.625
3.500
3.490
3.375
3.250
15 yr FNMA DU Refi Plus
15 Days
30 Days
45 Days
104.148
103.690
103.070
102.953
102.614
102.009
100.759
99.751
99.494
98.752
97.944
103.998
103.540
102.920
102.803
102.464
101.859
100.609
99.601
99.344
98.602
97.794
103.848
103.390
102.770
102.653
102.314
101.709
100.459
99.451
99.194
98.452
97.644
3.875
3.750
3.625
3.500
3.375
3.250
3.125
3.000
2.990
15 Days
30 Days
45 Days
103.519
103.423
103.402
103.256
102.913
102.520
102.221
101.682
101.490
103.369
103.273
103.252
103.106
102.763
102.370
102.071
101.532
101.340
103.219
103.123
103.102
102.956
102.613
102.220
101.921
101.382
101.190
10 YR FNMA DU Refi Plus
Same price as 15 Year FNMA DU Refi.
10yr adjustment is subject to change without notice
Price Cap for FNMA Fees
DU Refi Plus Agency Price Adjusters
DU Refi Plus loans will have a cumulative delivery fee cap.
Other CMC fees may still apply.
Price CAP
Primary Residence LTV >80% / Amort Term > 240
Primary Residence LTV >80% / Amort Term <= 240
All other transactions
0.500
0.000
1.750
Risk based pricing adjustments apply to all conventional conforming loans except with terms of 180 months or less.
Risk Based Pricing
LTV / Credit Score Grid
Other Adjustments
Credit Score
< = 60
> 60 <= 70
LTV
>70 < = 75
>= 740
>= 720 & <= 739
>= 700 & <= 719
>= 680 & <= 699
>= 660 & <= 679
>= 640 & <= 659
>= 620 & <= 639
< 620
0.250
0.250
0.250
0.000
0.000
-0.500
-0.500
n/a
0.000
0.000
-0.500
-0.500
-1.000
-1.250
-1.500
n/a
0.000
0.000
-0.500
-0.750
-1.500
-1.750
-1.750
n/a
CLTV Range
Score <720
Score >=720
-0.500
-0.500
-0.250
-1.500
-0.250
-0.250
0.000
-1.500
>75 < = 95 >95 < = 150
0.000
0.000
-0.500
-0.750
-1.750
-1.750
-1.750
n/a
2-4 Units
0.000
0.000
-0.500
-0.500
-1.250
-1.750
-1.750
n/a
-1.000
Investment Property
Minimum $50,000 Loan Amt
LTV <= 75
LTV <= 80
LTV <= 90
-1.750
-1.750
-1.750
Condos
LTV > 75%
-0.750
High LTV: 95.00 < LTV <= 97.00
High LTV: 97.00 < LTV <= 150.00
Subordinate Financing
LTV Range
Add to Price
>65 <=75
>90 <=95
>75 <=95
>90 <=95
>75 <=90
>76 <=90
All CLTV > 95%
Other Non-Capped Price Adjusters for DU Refi Plus
Multiple Financed Properties - INVESTOR and Second Home loans with
5 to 10 financed properties - Adjust pricing by -1.50pt
Loan Amount
Escrow Waiver
State Adjusters
>= $200,000
$50,000 to $99,999
$25,000 to $49,999
< $25,000
Owner Occp with Score >= 660 & LTV <= 80%
0.100
-0.250
-1.000
-2.000
-0.250
30,25,20 Yr
SC, TX
CO, CT, FL, ID, LA, MA, ME, MS, NC, NH, RI, SD, TN, UT, VT, WA, WY
AL, AR, DE, IL, IN, KY, MD, MN, NE, NM, OH, VA, WI
AZ, DC, IA, MI, MT, NV, WV
CA
0.100
-0.100
-0.150
-0.200
-0.375
High LTV (Not price capped)
15 & 10 Yr
0.000
-0.100
-0.100
-0.150
-0.250
LTV % >=105 < 125%
-0.625
LTV% >= 125%
-1.250
-0.500
-1.000
Date: 2/5/2015
Freddie Mac Open Access
Effective:
4:15 PM
EXPIRATION DATES (Must close by expiration date)
15 DAY
02/20/15
45 DAY
03/22/15
30 DAY
03/07/15
60 DAY
04/06/15
Freddie Mac Open Access
30 yr FHLMC LP Open Access
4.625
4.500
4.375
4.250
4.125
4.000
3.990
3.875
3.750
3.625
3.500
3.490
3.375
3.250
20 yr FHLMC LP Open Access
15 Days
30 Days
45 Days
104.388
104.190
103.918
103.530
102.795
102.396
102.279
101.857
101.188
100.338
99.322
99.105
98.340
97.618
104.238
104.040
103.768
103.380
102.645
102.246
102.129
101.707
101.038
100.188
99.172
98.955
98.190
97.468
104.088
103.890
103.618
103.230
102.495
102.096
101.979
101.557
100.888
100.038
99.022
98.805
98.040
97.318
4.250
4.125
4.000
3.990
3.875
3.750
3.625
3.500
3.490
3.375
3.250
15 yr FHLMC LP Open Access
15 Days
30 Days
45 Days
103.448
102.840
102.470
102.303
101.914
101.234
100.409
99.401
99.244
98.477
97.694
103.298
102.690
102.320
102.153
101.764
101.084
100.259
99.251
99.094
98.327
97.544
103.148
102.540
102.170
102.003
101.614
100.934
100.109
99.101
98.944
98.177
97.394
3.875
3.750
3.625
3.500
3.375
3.250
3.125
3.000
2.990
15 Days
30 Days
45 Days
103.269
103.148
103.177
103.031
102.713
102.345
102.046
101.557
101.415
103.119
102.998
103.027
102.881
102.563
102.195
101.896
101.407
101.265
102.969
102.848
102.877
102.731
102.413
102.045
101.746
101.257
101.115
10 YR FHLMC LP Open Access - NOT OFFERED
Price Cap for FHLMC Fees
LP Open Access Agency Price Adjusters
Price CAP
Primary Residence / LTV >80% / Amort Term > 240:
LP Open Access loans will have a cumulative delivery fee cap. Other CMC fees may still apply.
LTV > 80% <= 105%
0.50
1.00
Risk based pricing adjustments apply to all conventional conforming loans except with terms of 180 months or less.
LTV > 105%
Primary Residence / LTV >80% / Amort Term <= 240:
LTV > 80% <= 105%
LTV > 105%
All other transactions
0.50
1.75
Risk Based Pricing
LTV / Credit Score Grid
LTV
Credit Score
< = 60
> 60 <= 70
>70 < = 75
>75 < = 80
>80 < = 85
>85 < = 125
>= 740
>= 720 & <= 739
>= 700 & <= 719
>= 680 & <= 699
>= 660 & <= 679
>= 640 & <= 659
>= 620 & <= 639
< 620
0.250
0.250
0.250
0.000
0.000
-0.500
-0.500
n/a
0.000
0.000
-0.500
-0.500
-1.000
-1.250
-1.500
n/a
0.000
-0.250
-0.750
-1.250
-1.750
-1.750
-1.750
n/a
-0.250
-0.500
-1.000
-1.750
-1.750
-1.750
-1.750
n/a
0.000
0.000
-0.500
-1.000
-1.750
-1.750
-1.750
n/a
0.000
0.000
-0.500
-0.750
-1.750
-1.750
-1.750
n/a
0.00
Other Adjustments
Add to Price
2-4 Units
Investment Property
Minimum $50,000 Loan Amt
Condos
-1.000
LTV <= 75
LTV <= 80
LTV <= 90
LTV > 75%
-1.750
-1.750
-1.750
-0.750
Subordinate Financing
LTV Range
CLTV Range
<=65
>80 <=95
>65 <=75
>80 <=95
>75 <=80
>76 <=95
>80 <=90
>81 <=95
>90 <=95
>90 <=95
All CLTV > 95%
Score <720
-0.500
-0.750
-1.000
-1.000
-0.500
-1.500
Score >=720
-0.250
-0.500
-0.750
-0.500
-0.250
-1.500
High LTV: 95.00 < LTV <= 97.00
High LTV: 97.00 < LTV <= 105.00
High LTV: > 105
-0.500
-1.000
-2.000
All LP Open Access loans with LTV over 105%
This is a non-capped price adjuster
-0.625
Other Non-Capped Price Adjusters for LP Open Access
Loan Amount
Escrow Waiver
State Adjusters
>= $200,000
$50,000 to $99,999
$25,000 to $49,999
< $25,000
Owner Occp with Score >= 660 & LTV <= 80%
0.100
-0.250
-1.000
-2.000
-0.250
30,25,20 Yr
SC, TX
CO, CT, FL, ID, LA, MA, ME, MS, NC, NH, RI, SD, TN, UT, VT, WA, WY
AL, AR, DE, IL, IN, KY, MD, MN, NE, NM, OH, VA, WI
AZ, DC, IA, MI, MT, NV, WV
CA
0.100
-0.100
-0.150
-0.200
-0.375
15 & 10 Yr
0.000
-0.100
-0.100
-0.150
-0.250
Date: 2/5/2015
FNMA High Balance / FHLMC Super Conforming
Effective:
4:15 PM
EXPIRATION DATES (Must close by expiration date)
15 DAY
02/20/15
45 DAY
03/22/15
30 DAY
03/07/15
60 DAY
04/06/15
Fannie Mae High Balance
See www.fhfa.gov for High Cost Areas
30 yr FNMA High Balance
5.375
5.250
5.125
5.000
4.875
4.750
4.625
4.500
4.375
4.250
4.125
4.000
3.875
3.750
15 yr FNMA High Balance
15 Days
30 Days
45 Days
60 Days
103.975
104.172
104.339
104.230
104.046
103.938
103.881
103.655
103.329
103.153
102.889
102.371
101.926
101.356
103.825
104.022
104.189
104.080
103.896
103.788
103.731
103.505
103.179
103.003
102.739
102.221
101.776
101.206
103.675
103.872
104.039
103.930
103.746
103.638
103.581
103.355
103.029
102.853
102.589
102.071
101.626
101.056
103.425
103.622
103.789
103.680
103.496
103.388
103.331
103.105
102.779
102.603
102.339
101.821
101.376
100.806
4.750
4.625
4.500
4.375
4.250
4.125
4.000
3.875
3.750
3.625
3.500
15 Days
30 Days
45 Days
60 Days
101.675
101.759
101.918
102.076
102.235
102.493
102.488
102.511
102.434
102.432
102.375
101.525
101.609
101.768
101.926
102.085
102.343
102.338
102.361
102.284
102.282
102.225
101.375
101.459
101.618
101.776
101.935
102.193
102.188
102.211
102.134
102.132
102.075
101.125
101.209
101.368
101.526
101.685
101.943
101.938
101.961
101.884
101.882
101.825
Loan Amounts from $417,001 to $625,000
SFD , 1 Unit
Primary Residence and Second Home
Fannie Mae High Balance Price Adjusters
The Following Adjustments Apply and are Cumulative:
Risk Based Pricing
LTV / Credit Score Grid
Subordinate Financing
LTV Range
CLTV Range
Score <720
Score >=720
>75 <=90
>76 <=90
-1.000
-0.750
Loans with terms of 180 months will not be adjusted with LTV/Score price adjusters
LTV
Credit Score
< = 60
> 60 <= 70
>70 < = 75
>75 < = 90
>95 < = 150
>= 740
>= 720 & <= 739
>= 700 & <= 719
>= 680 & <= 699
>= 660 & <= 679
>= 640 & <= 659
0.250
0.250
0.250
0.000
0.000
-0.500
0.000
0.000
-0.500
-0.500
-1.000
-1.250
0.000
0.000
-0.500
-0.750
-1.500
-1.750
0.000
0.000
-0.500
-0.750
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
Escrow Waiver
Owner Occp with Score >= 660 & LTV <= 80%
State Adjusters (if applicable)
SC, TX
CO, CT, FL, ID, LA, MA, ME, MS, NC, NH, RI, SD, TN, UT, VT, WA, WY
AL, AR, DE, IL, IN, KY, MD, MN, NE, OH, VA, WI
DC, IA, MI, MT, NV, WV
Cash Out Refinances
Credit Score
=> 700
-0.250
30 Yr
15 Yr
0.100
-0.100
-0.150
-0.200
0.000
-0.100
-0.100
-0.150
Freddie Mac Super Conforming
The Following Adjustments Apply and are Cumulative:
30 yr FHLMC Super Conforming
Risk Based Pricing LTV / Credit Score Grid
4.625
4.500
4.375
4.250
4.125
4.000
3.990
3.875
3.750
15 Days
30 Days
45 Days
60 Days
103.938
103.740
103.468
103.130
102.820
102.371
102.179
101.957
101.338
103.788
103.590
103.318
102.980
102.670
102.221
102.029
101.807
101.188
103.638
103.440
103.168
102.830
102.520
102.071
101.879
101.657
101.038
103.388
103.190
102.918
102.580
102.270
101.821
101.629
101.407
100.788
Cash Out Refinances
Credit Score
=> 740
>= 720 & <= 739
>= 700 & <= 719
LTV / Credit Score Grid
LTV
< = 60
> 60 <= 70
-1.000
-1.250
-1.000
-1.625
-1.000
-1.625
Credit Score
>= 740
720 <= 739
700 <= 719
680 <= 699
660 <= 679
640 <= 659
<= 60
0.250
0.250
0.250
0.000
0.000
-0.500
> 60 &
<= 70
0.000
0.000
-0.500
-0.500
-1.000
-1.250
Subordinate Financing
LTV
CLTV
75.01 <= 90 75.01-90.00
< 720
-1.000
=> 720
-0.750
> 70 &
<= 75
0.000
-0.250
-0.750
-1.250
-2.250
-2.750
LTV / Credit Score Grid
LTV
< = 60
-1.000
> 75 &
<= 80
-0.250
-0.500
-1.000
-1.750
n/a
n/a
Escrow Waiver
Owner Occp with Score >= 660 & LTV <= 80%
State Adjusters (if applicable)
> 80 &
<= 85
-0.250
-0.500
-1.000
-1.500
n/a
n/a
> 85 &
<= 90
-0.250
-0.500
-1.000
-1.250
n/a
n/a
-0.250
30,25,20 Yr
15 & 10 Yr
SC
CO, CT, FL, ID, LA, MA, ME, MS, NC, NH, RI, SD, TN, UT, VT, WA, WY
AL, AR, DE, IL, IN, KY, MD, MN, NE, NM, OH, VA, WI
AZ, DC, IA, MT, NV, WV
CA
0.100
-0.100
-0.150
-0.200
-0.375
0.000
-0.100
-0.100
-0.150
-0.250
Date:
Effective
Government
15 DAY EXPIRATION DATE
02/20/15
30 DAY EXPIRATION DATE
03/07/15
15 day Locks For Approved Loans Only.
45 DAY EXPIRATION DATE
03/22/15
60 day Locks for Purchase or Const/refi only. 45 Day max for Refinance
60 DAY EXPIRATION DATE
04/06/15
2/5/2015
4:15 PM
FHA/VA 30 Yr, 25 Yr, 20 Yr
4.375
4.250
4.125
4.000
3.875
3.750
3.625
3.500
3.375
3.250
3.125
15 Days
30 Days
45 Days
60 Days
106.011
105.861
105.711
105.361
105.676
105.526
105.376
105.026
105.520
105.370
105.220
104.870
105.306
105.156
105.006
104.656
104.985
104.835
104.685
104.335
104.645
104.495
104.345
103.995
104.382
104.232
104.082
103.732
104.028
103.878
103.728
103.378
103.449
103.299
103.149
102.799
102.877
102.727
102.577
102.227
98.360
98.210
98.060
97.710
FHA/VA 5/1 ARM - Caps 1/5 - Margin 2.00
3.625
3.500
3.375
3.250
3.125
3.000
2.875
FHA/VA 15 Yr
3.250
3.125
3.000
2.875
2.750
15 Days
30 Days
45 Days
60 Days
101.450
101.300
101.150
100.800
101.172
101.022
100.872
100.522
100.893
100.743
100.593
100.243
100.615
100.465
100.315
99.965
99.861
99.711
99.561
99.211
99.582
99.432
99.282
98.932
98.303
98.153
98.003
97.653
15 Days
30 Days
45 Days
60 Days
103.618
103.468
103.318
102.968
103.004
102.854
102.704
102.354
102.596
102.446
102.296
101.946
102.173
102.023
101.873
101.523
INDEX : 1 YR Treas :
101.743
101.593
101.443
101.093
VA IRRRL not allowed on VA 5/1 ARM
Price Tiers by State:
For Fixed Only
Add to Price:
0.170
All Borrowers Must Have a Credit Score.
RI TX
0.150
Adjustments Based on All Borrowers Mid Score :
AL AR AZ DC ID IN KY MS OR TN VA WA WV
-0.050
VA
CA CO DE GA MD OH
-0.100
FHA
FL MI NV UT WI
-0.150
FHA/VA
Score 640-679
-0.500
FHA/VA
Score => 720
0.250
Loan Amount Price Adjuster
Score 620-639
-1.500
Score 620-639
-2.000
VA Loans - Purchase or Non Streamline Refinance
-0.550
Total Loan Amount => $200,000
0.100
VA Cash Out over 90% LTV
-0.500
Total Ln Amt $75,000 to $99,999
-0.250
VA IRRRL (Streamline Refi) - No Admin Fee Charged on IRRRL
-0.700
Total Ln Amt $60,000 to $74,999
-0.375
FHA Streamline Refinance with CLTV over 100%
-1.500
Total Ln Amt $25,000 to $59,999
-1.000
20 Yr Term (Deduct from 30 Yr Price)
-0.600
Total Ln Amt < $25,000
-2.000
FHA High Balance to $625,000 (total ln amt) : 30 YR Fix ONLY
-2.000
VA High Balance Loans to $625,000 (total ln amt):
-2.000
30 YEAR FHA/VA/RD - No Admin Fee Program
Program Codes:
Loan Amt Price Adjustments for No Admin Fee FHA/VA/RH Program Only
Loan Amount $25,000 to $59,999
-3.800
30 Year Fixed FHA No Admin Fee
Loan Amount $60,000 to $74,999
-1.450
30 Year Fixed FHA $100 Down No Admin Fee
Loan Amount $75,000 to $99,999
-1.200
30 Year Fixed VA No Admin Fee
Loan Amount $100,000 to $124,999
-0.700
Rural Housing 30 YR No Admin Fee
Loan Amount $125,000 to $149,999
-0.550
Loan Amount $150,000 to $174,999
-0.450
Loan Amount $175,000 to $199,999
-0.400
Loan Amount $200,000 to $224,999
-0.250
Loan Amount $225,000 to $249,999
-0.200
Loan Amount $250,000 to $274,999
-0.200
Loan Amount $275,000 to Limit
-0.150
Crescent Mortgage Company FHA # 2084000006.
CMC offers the ability to waive the Admin Fee on FHA or VA fixed rate loans by reducing the price
with the adjustments located to the left. All other FHA/VA adjustments shown above will apply with
the exception of the additional loan amt adjustments above this program.
** NOT For VA IRRRL loans - see price adjustment above
Crescent Mortgage Company VA # 6402350000.
Please see website for FHA & VA Product Profiles.
www.mycrescent.net/CMCDocs/
RURAL HOUSING LOANS
RH 30 and RH 30 Refi Pilot
4.000
3.875
3.750
3.625
3.500
3.375
3.250
Minimum Score 640
*** Homebuyer education maybe required for first time homebuyers by the USDA office
30 Days
45 Days
60 Days
Price Tiers by State
104.971
104.650
104.310
104.047
103.693
103.114
102.542
98.025
104.821
104.500
104.160
103.897
103.543
102.964
102.392
97.875
104.471
104.150
103.810
103.547
103.193
102.614
102.042
97.525
AR, AZ, GA, IN, MN, NC, NM, OK, PA, RI, VT, WI
AL, CA, CT, FL, IA, IL, KS, KY, LA, ME, MO,
0.100
0.000
MS, NE, NH, OH, SC, SD, TN, TX & WV.
0.000
CO, DE, MA, MD, MT, ND, VA & WY.
-0.150
ID, MI, NV, OR, UT, WA.
Loan Amount
-0.250
Price Adjustment
$55,001 to $95,000
-0.500
$35,000 - $55,000
-1.000
Standard Streamline Refinance
-0.500
REMINDER:
RH 30 REFI PILOT Program adjustment
-1.000
Crescent Mortgage will not close or purchase RD loans with the following commitment language:
Score
"subject to the availability of Congressionally appropriated funds"
Credit Score 640-679
3.125
*** RH 30 Refi Pilot program not available in all states.
LPO Comp not allowed
THIS RATE SHEET IS FOR MORTGAGE PROFESSIONALS ONLY, NOT FOR PUBLIC CONSUMPTION.
-0.500
Date:
Jumbo Option I
Effective
15 DAY
30 DAY
0.618
LIBOR 12 MONTH
5/1 Jumbo ARM 2/2/5 Caps
2/5/2015
4:15 PM
EXPIRATION DATES :
02/20/15
45 DAY
03/07/15
60 DAY
03/22/15
04/06/15
15 Yr Jumbo
Rate
30 Day
45 Day
Rate
3.125
3.000
2.875
2.750
2.625
2.500
2.375
101.835
101.535
101.215
100.875
100.515
100.135
99.715
101.535
101.235
100.915
100.575
100.215
99.835
99.415
3.625
3.500
3.375
3.250
3.125
3.000
2.875
15 Day
102.125
101.765
101.385
100.905
100.445
100.365
99.835
30 Day 45 Day
102.025
101.665
101.285
100.805
100.345
100.265
99.735
101.725
101.365
100.985
100.505
100.045
99.965
99.435
7/1 Jumbo ARM 5/2/5 Caps
Rate
30 Day
45 Day
3.250
3.125
3.000
2.875
2.750
2.625
2.500
101.685
101.345
101.005
100.865
100.475
100.195
99.635
101.385
101.045
100.705
100.565
100.175
99.895
99.335
10/1 Jumbo ARM 5/2/5 Caps
Rate
30 Day
45 Day
3.625
3.500
3.375
3.250
3.125
3.000
2.875
102.165
101.835
101.485
101.095
100.535
100.075
99.575
101.865
101.535
101.185
100.795
100.235
99.775
99.275
Available lock periods** :
Fixed Rate : 15, 30 & 45 days.
ARMs : 30 & 45 days only.
All ARMs
Margin 2.25 , Index 1 Yr Libor
Maximum Loan Amount = $1,000,000
U/W Note: Reduce LTV by 5% for the following state: MI
Adjustments for All Jumbo Products :
Note - All loans that close with Crescent's funds
Must close in name Crescent Mortgage Company.
Interest Credit is not allowed.
Escrow Waiver
-0.250
LTV >70%
-0.375
All Jumbo Loans Must be Run DU
0.250
Please see website for JUMBO parameters.
State Adjuster
Texas Property With Escrows
No price improvement for Texas loans if escrows waived.
For Primary Residence Only.
THIS RATE SHEET IS FOR MORTGAGE PROFESSIONALS ONLY, NOT FOR PUBLIC CONSUMPTION.
Date:
Jumbo Option II
Effective
15 DAY
30 DAY
0.618
LIBOR 12 MONTH
5/1 Jumbo LIBOR ARM 2/2/5 Caps 2.50 Margin
2/5/2015
4:15 PM
EXPIRATION DATES :
02/20/15
45 DAY
03/07/15
60 DAY
03/22/15
04/06/15
30 Yr Jumbo
Rate
30 Day
45 Day
60 Day
Rate
3.750
3.625
3.500
3.375
3.250
3.125
3.000
101.331
101.242
101.121
100.938
100.692
100.446
100.138
101.131
101.042
100.921
100.738
100.492
100.246
99.938
100.931
100.842
100.721
100.538
100.292
100.046
99.738
4.750
4.625
4.500
4.375
4.250
4.125
4.000
7/1 Jumbo LIBOR ARM 5/2/5 Caps 2.50 Margin
30 Day
102.221
102.132
101.917
101.609
101.207
100.773
100.278
45 Day
60 Day
102.021
101.932
101.717
101.409
101.007
100.573
100.078
101.821
101.732
101.517
101.209
100.807
100.373
99.878
45 Day
60 Day
101.220
101.192
101.134
101.013
100.830
100.584
100.307
101.020
100.992
100.934
100.813
100.630
100.384
100.107
15 Yr Jumbo
Rate
30 Day
45 Day
60 Day
Rate
30 Day
4.000
3.875
3.750
3.625
3.500
3.375
3.250
101.681
101.560
101.408
101.225
100.916
100.608
100.268
101.481
101.360
101.208
101.025
100.716
100.408
100.068
101.281
101.160
101.008
100.825
100.516
100.208
99.868
4.250
4.125
4.000
3.875
3.750
3.625
3.500
101.420
101.392
101.334
101.213
101.030
100.784
100.507
Escrow Waiver
-0.250
10/1 Jumbo LIBOR ARM 5/2/5 Caps 2.50 Margin
Rate
30 Day
45 Day
60 Day
4.500
4.375
4.250
4.125
4.000
3.875
3.750
101.753
101.570
101.324
101.016
100.645
100.274
99.872
101.553
101.370
101.124
100.816
100.445
100.074
99.672
101.353
101.170
100.924
100.616
100.245
99.874
99.472
Pricing Adjustments:
FICO
>= 760
FIXED RATE
LTV <=60%
0.625
60.01-65.00%
0.375
65.01-70.00%
0.125
70.01-75.00%
0.000
75.01-80.00%
-0.250
740-759
0.500
0.250
0.000
0.000
-0.375
720-739
0.500
0.250
0.000
-0.125
-0.625
700-719
0.500
0.250
0.000
-0.250
N/A
Purchase
0.250
0.250
0.125
0.125
0.000
CashOut Refi
-0.250
-0.500
-0.625
-1.000
N/A
2nd Home
-0.250
-0.500
-0.500
-0.500
N/A
Pricing Adjustments:
FICO
>= 760
FIXED RATE
MAX Net Price after all adjustments = 102.000
(Net Price plus your LPO agreement can't exceed 102.000)
Hybrid ARM
LTV <=60%
0.375
60.01-65.00%
0.250
65.01-70.00%
0.000
70.01-75.00%
0.000
75.01-80.00%
-0.375
740-759
0.250
0.125
0.000
-0.125
-0.500
720-739
0.125
0.000
0.000
-0.250
-0.625
700-719
0.000
0.000
-0.125
-0.375
N/A
Purchase
0.250
0.250
0.250
0.250
0.000
CashOut Refi
-0.250
-0.500
-0.625
-1.000
N/A
2nd Home
-0.500
-0.500
-0.500
-0.500
N/A
Escrow Waiver
-0.250
Hybrid ARM
MAX Net Price after all adjustments = 101.750
(Net Price plus your LPO agreement can't exceed 101.750)
THIS RATE SHEET IS FOR MORTGAGE PROFESSIONALS ONLY, NOT FOR PUBLIC CONSUMPTION.