Current Rates as of 02/22/2012

Conventional Loans up to $417,000

3.000% 5/1 ARM                      3.259% APR

4.125% 30 Year Fixed          4.178% APR

3.375% 15 Year Fixed          3.463% APR

Conventional rates are based upon a loan amount of $250,000, 80% loan to value, minimum credit score of 740. Subject to qualified applicants. Rates subject to change without notice. Some restrictions apply.

Government Loans up to $417,000

FHA/VA

3.750% 30 Year Fixed         4.839% APR

3.000% 15 Year Fixed         3.633% APR

Government rates are based upon a loan amount of $200,000, 96.5% loan to value, minimum credit score of 740.  Subject to qualified applicants.  Rates subject to change without notice. Some restrictions apply.

Jumbo Loans above $417,000

2.625% 5/1 ARM                      3.101% apr

4.875% 30 Year Fixed          4.913% APR

Jumbo rates are based upon a loan amount of $600,000, 80% loan to value, minimum credit score of 740 and up.  Some exceptions for loans over $750,000. Call for more information. Subject to qualified applicants. Rates subject to change without notice. Some restrictions apply.

Rates presented here are subject to change without notice. Actual rates may vary based on loan amount, credit history, and other factors.  Loan rates are not guaranteed until locked with a Gershman Mortgage professional. Call for current Fixed and Adjustable-Rate Mortgages 
(314) 889-0600 or 1-800-GERSHMAN.

Call about rates for our other programs available including Interest only and low documentation loans. Reverse Mortgages are also available.