Current Rates

Rates as of: 3/27/2020

LOW RATE 3/1 ARM
Interest Rate	APR
3.375%	3.378%
Interest Only $500,000 - $5,100,000

NO TAX RETURN /FOREIGN NATIONAL 3/1 ARM
Interest Rate	APR
3.625%	3.434%
No Tax Return Required $500,000 - $5,100,000

1st Liens 3/27/2020

JUMBO/PORTFOLIO PROGRAMS - Purchase Money

ARM and Fixed Rate Loans	Rate	APR
30 Year to $ 5,100,000	4.000%	4.104%
15 Year to $ 5,100,000	3.625%	3.809%
3/1 ARM to $ 5,100,000	2.625%	3.212%
5/1 ARM to $ 10,000,000	2.750%	3.176%
5/5 ARM to $ 5,100,000	2.875%	3.624%
7/1 ARM to $ 10,000,000	3.125%	3.292%
10/1 ARM to $ 10,000,000	3.375%	4.117%

For interest-only ARM note rate, please add .125 (1/8 pt.) to the published rate.

AGENCY FIXED RATE PROGRAMS

Fixed Rate Loans	Rate	APR
30 Year to $ 679,650	3.375%	3.476%
15 Year to $ 679,650	3.125%	3.307%

PRIVATE BANKING TO $25 MILLION

ARM and Fixed Rates Loans	RATE	APR
5/1 ARM	2.625%	3.133%
7/1 ARM	2.875%	2.973%
Interest-only available. Foreign Nationals OK. Call for details.

MARKET INDEXES

INDEX	RATES (%)
2-year Treasury	0.30
5-year Treasury	0.51
10-year Treasury	0.83
30-year Treasury	1.42
Federal Funds	0.10
Prime Rate	3.25

NO TAX RETURN/FOREIGN NATIONAL PROGRAMS

ARM and Fixed Rate Loans	Rate	APR
3/1 ARM to $ 5,100,000	3.625%	3.434%
5/1 ARM to $ 5,100,000	3.750%	4.040%
5/5 ARM to $ 5,100,000	3.875%	3.979%
7/1 ARM to $ 5,100,000	4.000%	4.236%
10/1 ARM to $ 5,100,000	4.125%	4.970%

Irrevocable trust, blind trust, corporation, LP and LLC vesting ok

INVESTMENT PROPERTY & BUSINESS PURPOSE LOANS

ARM and Fixed Rate Loans	Rate	APR
3/1 ARM to $ 5,100,000	3.750%	3.950%
5/1 ARM to $ 5,100,000	3.875%	3.979%
5/5 ARM to $ 5,100,000	4.000%	4.024%
7/1 ARM to $ 5,100,000	4.125%	4.099%
10/1 ARM to $ 5,100,000	4.250%	4.970%

HELOC RATE PROGRAM

HELOC	RATE	AMOUNT
2nd Lien HELOC	Prime/Prime+	$250,000 up to $1,000,000*

Call for quotes over $1,000,000

Construction & Commercial Loans

ARM Rates	Rate	APR
Construction to $ 10,000,000	5.000%	5.296%
Bridge to $ 25,000,000	6.990%	7.297%

Apartment Loans to $500,000 and up	3.875%	4.007%
Commercial Loans to $500,000 and up	4.125%	4.166%

Market Commentary 3/27/20

March 27, 2020

Damon Germanides

Major fiscal and monetary stimulus out of the U.S. helped to thaw out the mortgage-backed security market which locked up […]

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(1) Disclosures

(1) No Tax Return loans and foreign national loan products require other forms of income documentation and asset verification in lieu of tax returns. Not all applicants will qualify. Some products we oﬀer may have a higher interest rate, more points or more fees than other products requiring more extensive or different documentation. (2) Minimum FICO, reserve, and other requirements apply. Contact your loan officer for additional program guidelines, restrictions, and eligibility requirements. Rates, points, APRs and programs are subject to change without notice. Loan to values (LTV) are based on appraised value. Actual closing times will vary based on borrower qualiﬁcations and loan terms. All loans are subject to credit approval. (3) With an interest-only mortgage payment, you will not pay down the loan's principal balance during the interest-only period. Once the interest-only period ends, your payments will increase to pay back the principal and interest. Rates are subject to increase over the life of the loan. Contact your Insignia Mortgage, Inc. loan officer to determine what your payments might be once the interest-only period ends. (4) With an adjustable rate mortgage (ARM), once the fixed rate period ends, the loan payment will adjust after an initial period and then adjust on a regular basis as set forth in the loan documents. For example, a “3/1” loan will have an interest adjustment 3 years after the loan closes and every 12 months thereafter. Also, the loan will be subject to annual and lifetime adjustment caps. Contact your Insignia Mortgage loan officer to determine what your payments might be once the fixed rate period of the loan ends. (5) Insignia Mortgage, Inc., is a real estate broker licensed by the CA Bureau of Real Estate, BRE #01969620, NMLS #1277691

(2) Disclosures

(1) Minimum FICO, reserve, and other requirements apply. Contact your loan officer for additional program guidelines, restrictions, and eligibility requirements. Rates, points, APRs and programs are subject to change without notice. Actual closing times will vary based on borrower qualiﬁcations and loan terms. All loans are subject to credit approval. (2) “Loan to Cost” (LTC) is defined as the acquisition price of the property plus the cost to build as determined by a bank appraisal. Contact your loan officer for additional program guidelines, restrictions, and eligibility requirements. (3) With an interest-only mortgage payment, you will not pay down the loan's principal balance during the interest-only period. Once the interest-only period ends, your payments will increase to pay back the principal and interest. Rates are subject to increase over the life of the loan. Contact your Insignia Mortgage, Inc. loan officer to determine what your payments might be once the interest-only period ends. (4) With an adjustable rate mortgage (ARM), the loan payment will adjust after an initial period and then adjust on a regular basis as set forth in the loan documents. For example, a “3/1” loan will have an interest adjustment 3 years after the loan closes and every 12 months thereafter. Also, the loan will be subject to annual and lifetime adjustment caps. Contact your Insignia Mortgage loan officer to determine what your payments might be once the fixed rate period of the loan ends. (5) Insignia Mortgage, Inc., is a real estate broker licensed by the CA Bureau of Real Estate, BRE #01969620, NMLS #1277691.