Indices - rates updated weekly each Monday
as of May 18, 2009
3-Month Libor 0.72
10-Year AAA Banking & Finance 3.12
FNMA 30/60 day yield 4.99
Prime Rate 3.25
Link to Federal Reserve Mortgage Calculator

 

The following services are provided at no additional costs :

Loan Programs Available

All conventional loan programs including:
Fixed Rate Mortgages 30, 25, 20, 15 and 10 years,
ARMS, 5/25, 7/23 and balloon programs.

Interest Only Arm's: 3, 5, 7 or 10 year fixed period available.

0% down: New 80/20 Interest Only up to $815,000.

NEW: 0% DOWN LOANS FOR OWNER OCCUPIED TWO UNITS.

3% First Time Home buyer Programs.

5% Down without Mortgage Insurance. (80/5/10)

10% Down without Mortgage Insurance. (80/10/10)

Jumbo Loans to 1,000,000.

Community Home buyer Programs.

Renovation Loans.

Stated Income Loans.

No Income Loans.

No Income No Asset Loans.

Non Conforming Loans.

Sub prime Loans for borrower's with low credit scores.

Commercial Loans.

Relocation Programs

 

 

 Avenue Mortgage || 322 Lafayette Street, New Orleans, LA 70130 || 504-525-4663 

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