Mortgage
Rates
Rates for Monday, August 11, 2008
| Loan Type |
Interest Rate |
*(APR) |
Monthly Payment per $1000 |
| Home Mortgage Rates** |
| 30 Year Fixed |
6.5% |
6.661% |
$6.43 |
| 15 Year Fixed |
6.125% |
6.385% |
$8.65 |
| |
|
|
|
We have a variety of Products and Price Options available.
To obtain information on products or rates not listed above, please
contact one of our mortgage lenders:
| Watertown |
Travis Torgerson |
1-800-986-5101 or 886-6000 |
| Hayti |
Pat Biederstedt |
1-877-875-9914 or 783-3616 |
| Estelline |
Travis Torgerson |
1-800-986-5101 or 873-2261 |
| Hartford |
Gail Olson-Duck |
1-866-895-9297 or 528-4000 |
The rates on this page are based on loan amounts of
$100,000.
Stated rates are based on credit scores >720.
THE RATES PUBLISHED ARE APPLICABLE ONLY TO REQUESTS
RECEIVED BY CALLING ONE OF OUR MORTGAGE LENDERS. THESE RATES ARE
SUBJECT TO CHANGE WITHOUT NOTICE. IN ORDER TO RECEIVE A GUARANTEED
RATE, YOU MUST HAVE SUBMITTED AN APPLICATION AND RECEIVED A VERBAL
CONFIRMATION FROM A LENDER THAT YOUR APPLICATION HAS BEEN RECEIVED
AND YOUR DESIRED RATE LOCKED!
The rates assume a 20% down payment and an anticipated lock period
and closing date of 45 days out. A 1% origination fee is included
in the Annual Percentage Rate (APR). The APR was figured on a loan
amount of $100,000.
 First-time
Homebuyer Program
Commonly known as the "First-time Homebuyer Program",
this program provides below-market fixed interest rate mortgage
loans for homebuyers purchasing a residence in the state of South
Dakota. Click the link to learn more.
http://www.sdhda.org/Homebuyer/ho-fthb.htm
HUD Settlement Cost booklet
click here
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