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adam.odonnell@usbank.com
About me
About me

Mortgage rates

Refinance rates

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 * Refinance rates
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4 4 reviews
5.0 out of 5 stars

Reviews on Zillow


MORTGAGE LOAN OFFICER


ADAM O'DONNELL

Mortgage Loan Officer

NMLS# 207165


CONNECT WITH ADAM

 * adam.odonnell@usbank.com

 * 650-627-2313
 * 650-464-9019

 * Connect when it's convenient for you. Request a call.

Ready to apply? Start your application.

Apply


ABOUT ME


NO MATTER WHERE YOU ARE IN THE HOME BUYING PROCESS, I CAN HELP.

 * As a mortgage loan officer right here in Belmont, I work with you to help
   find the right mortgage for your unique situation.
 * You probably have lots of questions. How much house can I really afford?
   Which type of mortgage best fits my needs? I have the resources to answer
   questions like that and I've worked with lots of people in and around Belmont
   with home financing needs similar to yours. I'm proud to work for a reputable
   bank like U.S. Bank, and you can trust me to do what's right for you. So give
   me a call at 650-627-2313.
   
   

Service areas include

 * Belmont

Primary location

U.S. Bank area served
Belmont, CA 94002-2200


CONNECT WITH ADAM

 * adam.odonnell@usbank.com

 * 650-627-2313

 * 650-464-9019

 * Connect when it's convenient for you. Request a call.

Ready to apply? Start your application.

Apply


EXPLORE MORE

MORTGAGE RATES

Compare rates for a variety of mortgage types.

See mortgage rates

REFINANCE RATES

Compare rates for a variety of home refinancing options.

See refinance rates

MORTGAGE CALCULATOR

Estimate your total monthly mortgage payment.

Run the numbers

REVIEWS

See what customers are saying about me.

Read my reviews

MORTGAGE FAQ

Get answers to common home-buying questions.

Commonly asked questions


RESOURCES FOR BUILDERS AND REALTORS

You need a lender that cares about your clients as much as you do.

Builder resource center Real estate agent resource center


TODAY'S MORTGAGE RATES IN CALIFORNIA.

The mortgage rates shown below assume a few basic things, including:

 * You have very good credit (a FICO® Score of 740+) and a specific down payment
   amount for your loan type.1
 * Your loan is for a single-family home as your primary residence.
 * You will purchase up to one mortgage discount point in exchange for a lower
   interest rate. Connect with your mortgage loan officer to learn more about
   mortgage points.

Rates are current as of 09/14/2023.

--------------------------------------------------------------------------------

See rates for other states. Choose a state


COMPARE CURRENT MORTGAGE RATES.


CONVENTIONAL FIXED-RATE MORTGAGES

Term Rate APR Monthly Payment Points 30-year fixed 6.875% 7.059% $3,048 0.980
20-year fixed 6.625% 6.832% $3,494 0.742 15-year fixed 6.5% 6.757% $4,042 0.738
10-year fixed 6.375% 6.78% $5,239 0.932


CONFORMING ADJUSTABLE-RATE MORTGAGES

Term Rate APR Monthly Payment Points 10/6 mo 7.0% 7.537% $3,087 0.878 7/6 mo
6.625% 7.51% $2,971 0.980


JUMBO ADJUSTABLE-RATE MORTGAGES

Term Rate APR Monthly Payment Points 10/1 yr 6.875% 7.449% $6,175 0.840 7/1 yr
6.5% 7.416% $5,941 0.690 5/1 yr 6.875% 7.784% $6,175 0.900


FHA MORTGAGES

Term Rate APR Monthly Payment Points 30-year fixed - FHA 6.875% 7.792% $1,895
0.983


VA MORTGAGES

Term Rate APR Monthly Payment Points 30-year fixed - VA 6.625% 7.005% $1,727
0.841


JUMBO MORTGAGES

Term Rate APR Monthly Payment Points 30-year fixed - jumbo 7.125% 7.29% $6,333
0.765 20-year fixed - jumbo 7.25% 7.475% $7,430 0.840 15-year fixed - jumbo 7.0%
7.271% $8,449 0.800


ADAM O'DONNELL

Mortgage Loan Officer

NMLS# 207165

650-627-2313

 * adam.odonnell@usbank.com

 * 650-627-2313

 * 650-464-9019

 * Connect when it's convenient for you. Request a call.

Ready to apply? Start your application.

Apply


FIND RATES FOR A DIFFERENT STATE

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware
District Of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas
Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi
Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York
North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South
Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West
Virginia Wisconsin Wyoming
Show rates


TODAY'S REFINANCE RATES IN CALIFORNIA.

The mortgage rates shown below assume a few basic things, including:

 * You have very good credit (a FICO® Score of 740+) and a specific amount of
   equity for your loan type.1
 * Your loan is for a single-family home as your primary residence.
 * You will purchase up to one mortgage discount point in exchange for a lower
   interest rate. Connect with your mortgage loan officer to learn more about
   mortgage points.

Rates are current as of 09/14/2023.

--------------------------------------------------------------------------------

See rates for other states. Choose a state


COMPARE CURRENT REFINANCE RATES.


CONVENTIONAL FIXED-RATE REFINANCE LOANS

Term Rate APR Monthly Payment Points 30-year fixed 7.375% 7.533% $3,205 0.674
20-year fixed 6.99% 7.218% $3,595 0.877 15-year fixed 6.875% 7.13% $4,138 0.713
10-year fixed 6.5% 6.917% $5,269 0.984


CONFORMING ADJUSTABLE-RATE REFINANCE LOANS

Term Rate APR Monthly Payment Points 10/6 mo 7.125% 7.702% $3,126 1.660 7/6 mo
7.125% 7.791% $3,126 1.130


JUMBO ADJUSTABLE-RATE REFINANCE LOANS

Term Rate APR Monthly Payment Points 10/1 Jumbo 7.125% 7.618% $6,333 0.840 7/1
Jumbo 6.75% 7.547% $6,097 0.690 5/1 Jumbo 7.125% 7.888% $6,333 0.900


FHA REFINANCE LOANS

Term Rate APR Monthly Payment Points 30-year fixed - FHA 7.25% 8.157% $1,963
0.816


VA REFINANCE LOANS

Term Rate APR Monthly Payment Points 30-year fixed - VA 6.75% 7.138% $1,749
0.888


JUMBO REFINANCE LOANS

Term Rate APR Monthly Payment Points 30-year fixed - jumbo 7.375% 7.516% $6,492
0.515 20-year fixed - jumbo 7.375% 7.618% $7,501 0.965 15-year fixed - jumbo
7.125% 7.417% $8,515 0.925


ADAM O'DONNELL

Mortgage Loan Officer

NMLS# 207165

650-627-2313

 * adam.odonnell@usbank.com

 * 650-627-2313

 * 650-464-9019

 * Connect when it's convenient for you. Request a call.

Ready to apply? Start your application.

Apply


FIND RATES FOR A DIFFERENT STATE

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware
District Of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas
Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi
Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York
North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South
Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West
Virginia Wisconsin Wyoming
Show rates


MORTGAGE CALCULATOR

Use our mortgage calculator to help you better understand your home financing
options.


ADAM O'DONNELL

Mortgage Loan Officer

NMLS# 207165

650-627-2313

 * adam.odonnell@usbank.com

 * 650-627-2313

 * 650-464-9019

 * Connect when it's convenient for you. Request a call.

Ready to apply? Start your application.

Apply


REVIEWS

5.0/5
Jul 6, 2023
Zillow • Bill
I had the pleasure of working with Adam O'Donnell as our mortgage banker, and I
cannot express enough how grateful we are for his exceptional service. From
start to finish, Adam went above and beyond to ensure a smooth and positive
experience for us. First and foremost, Adam's expertise and dedication in
finding us a great rate were truly impressive. He took the time to understand
our financial goals and diligently researched various options to secure the best
possible mortgage terms for us. His knowledge of the industry and attention to
detail were evident throughout the process. Furthermore, Adam's exceptional
communication skills played a vital role in keeping us informed every step of
the way. He promptly addressed our queries and patiently explained the complex
mortgage procedures, ensuring we were well-informed and comfortable with our
decisions. His friendly and positive demeanor made the entire process
stress-free, and we always felt confident that we were in good hands. Adam's
patience and willingness to go the extra mile truly set him apart. He took the
time to understand our unique circumstances and tailored his approach
accordingly. His unwavering support and guidance gave us peace of mind, knowing
that he genuinely cared about our financial well-being. Without hesitation, I
highly recommend Adam O'Donnell to anyone seeking a mortgage banker. His
professionalism, expertise, and exceptional customer service make him a standout
in the industry. We are grateful for his assistance and couldn't be happier with
the outcome.
5.0/5
Jun 7, 2023
Zillow • John
Adam consistently met and went beyond any and all expectations we had with
handling our loan. He was ever patient, courteous, and accommodating, especially
considering he had to be both a loan officer and a teacher for our first
run-through with the home buying process. During the home buying process, Adam
was fantastic, but what we think most impressed us with Adam was his demeanor
and attitude both before we were even a client of his, and after we closed on
our house. It was all consistently kind and patient, and we had a TON of
questions for him and I'm sure pestered him considerably before he even knew we
were going to be clients of his. Could not recommend him more.
5.0/5
Jun 5, 2023
Zillow • Monika
It was wonderful working with Adam on our recent home purchase. Adam took the
time to explain everything thoroughly to us, and we felt well taken care of
throughout the process. He even made a custom video for us to explain all our
options! We loved working with him and recommend him very highly.
5.0/5
May 3, 2023
Zillow • Stephanie
Buying a home can feel very frustrating and many things are "out of your hands"
but I always felt like priority to Adam O'Donnell and his team at US
Bank-Mortgage. Adam was very responsive - especially in crunch time and always
came through with what we needed and even had suggestions on how to make our
offer even stronger. He gave great advice about our mortgage terms and I really
appreciated him taking to time more than once to talk things through with me
over the phone. I highly recommend Adam and his team at US Bank to anyone
looking to make a quick yet detail-oriented mortgage happen.


--------------------------------------------------------------------------------

More

See more reviews


ADAM O'DONNELL

Mortgage Loan Officer

NMLS# 207165

650-627-2313

 * adam.odonnell@usbank.com

 * 650-627-2313

 * 650-464-9019

 * Connect when it's convenient for you. Request a call.

Ready to apply? Start your application.

Apply


MORTGAGE FAQ

Get answers to your questions regarding home financing, refinancing and more.


FHA LOANS

--------------------------------------------------------------------------------

WHAT IS A FHA LOAN?

AFederal Housing Administration (FHA) loanis a government-backed loan that’s
insured by the Federal Housing Administration. FHA loans typically have lower
credit and down payment requirements for qualified home buyers. For example, the
minimum required down payment for an FHA loan is only 3.5% of the purchase
price.

--------------------------------------------------------------------------------

HOW DO I APPLY FOR A FHA LOAN?

If you’ve decided aFederal Housing Administration (FHA) loanmay be right for you
and you meet the established guidelines, including, but not limited to:

 * Down payment amount: – FHA loans require a minimum down payment of 3.5%.
 * Credit score: – FHA loans typically have lower credit requirements than many
   traditional loans.
 * Property requirements: – The home must be used as your primary residence and
   must meet safety, security and soundness standards, meaning the property
   shouldn’t have any structural defects. An FHA-approved appraiser must
   appraise the home.

You canstart your applicationon your own, or with the help of your mortgage loan
officer, who can work with you to see if you qualify for a FHA loan.

--------------------------------------------------------------------------------

HOW DO FHA LOANS WORK?

Federal Housing Administration (FHA) loansare available to all qualified buyers,
regardless of income level. They often have more flexible lending requirements
than conventional loans. All FHA loans require mortgage insurance which protects
the lender against any loss if mortgage payments are missed. To learn more about
how FHA loans work, speak with your mortgage loan officer.


VA LOANS

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WHAT IS A VA HOME LOAN?

A Veterans Affairs (VA) loan is a home mortgage that’s backed by the Department
of Veterans Affairs. To be eligible for a VA loan, you must be an active-duty
service member, veteran or eligible surviving spouse. A VA home loan requires
little or no money down at closing, and even with no down payment, mortgage
insurance is not required.

--------------------------------------------------------------------------------

HOW DOES A VA LOAN WORK?

Veterans Affairs (VA) loans are available to active-duty service members,
veterans and eligible surviving spouses. A Certificate of Eligibility from the
VA is required to show whether you qualify based on your service history and
duty status. Your mortgage loan officer will work with you to obtain the
Certificate of Eligibility and can help you better understand how VA loans work.

--------------------------------------------------------------------------------

WHO QUALIFIES FOR A VA LOAN?

Veterans Affairs (VA) loans are available to active-duty service members and
veterans who have served at least 90 days of consecutive service during wartime
or 181 days during peacetime. National Guard members and reservists are eligible
for a VA loan after six years of service or 181 days of active-duty service.
Eligible surviving spouses may also qualify. For more information on how to
apply for a VA home loan, contact your mortgage loan officer.

--------------------------------------------------------------------------------

CAN I GET A SECOND VA HOME LOAN?

There are several ways active-duty service members, veterans and eligible
surviving spouses can take advantage of a Veterans Affairs (VA) loan more than
once. Here are some ways you may be eligible for another VA loan:

 * Purchase a home with a VA loan and then sell it to buy another home with a
   new VA loan.
 * Refinance an existing VA loan into another.
 * Have two VA loans for two different homes at the same time.

For more information on VA loans, speak with your mortgage loan officer.


CONVENTIONAL FIXED-RATE LOANS

--------------------------------------------------------------------------------

WHAT IS A FIXED-RATE LOAN?

A fixed-rate loan is one of the most common types of home loans. Benefits
include a consistent rate, predictable monthly principal and interest payments
and a flexible down payment. If you meet the U.S. Bank credit score and
debt-to-income ratio (the ratio of total monthly debt payments – not including
utilities, cell phone or cable service – compared to gross monthly income)
requirements, a conventional fixed-rate loan may be a good option for you.

--------------------------------------------------------------------------------

WHAT IS A FIXED HOME LOAN RATE?

A fixed-rate loan is a type of loan that comes with an interest rate that won't
change for the life of the loan. Check out today’s rates for a conventional
fixed-rate loan or compare mortgage rates for a variety of loan options. Connect
with your mortgage loan officer to learn more about how fixed-rate loans work.

--------------------------------------------------------------------------------

WHICH IS BETTER: FIXED-RATE LOAN OR VARIABLE?

Monthly principal and interest payments on a conventional fixed-rate mortgage
remain the same for the life of the loan, making it an attractive option for
those who plan to stay in their home for several years. With an adjustable-rate
mortgage (ARM) the interest rate may change periodically, based on a
pre-determined index – for example, the U.S. Treasury – and margin set by the
bank. The initial interest rate is fixed for a set period of five, seven or 10
years depending on the loan product, and then becomes variable. An increase or
decrease depends on the market conditions at the time of the conversion to the
variable rate and during the adjustment period thereafter. This may be a good
option for those who plan on moving within a few years. Consider the benefits of
each to determine which makes the most sense for your situation.


JUMBO LOANS

--------------------------------------------------------------------------------

WHAT IS A JUMBO LOAN?

A jumbo loan is for single-family homes with loan amounts greater than $726,200.
In certain high cost areas, such as Alaska and Hawaii, the loan amount must be
greater than $1,089,300. To qualify for a jumbo mortgage loan, you must meet the
established guidelines for credit score, income and other personal financial
information.

--------------------------------------------------------------------------------

HOW MUCH IS A JUMBO LOAN?

Jumbo loans are mortgages that exceed conforming loan limits. The limit on
conforming loans is $726,200 in most areas of the country, but jumbo mortgages
can exceed these limits. The limit can be as high as $1,089,300 in certain high
cost areas, including Alaska and Hawaii.

--------------------------------------------------------------------------------

WHAT IS A VA JUMBO LOAN?

A VA jumbo loan is a Veterans Affairs (VA) loan that exceeds the conforming loan
limit of $726,200 and up to $1,089,300 in high-cost areas such as Alaska and
Hawaii. If you’re an active-duty service member, veteran or eligible surviving
spouse, and you meet the income and credit requirements, a VA jumbo loan could
be an option for you.


ARM LOANS

--------------------------------------------------------------------------------

WHAT IS AN ARM LOAN?

An adjustable-rate mortgage (ARM) is a home loan that has an initial fixed-rate
period of five, seven or 10 years and an adjustable rate after the fixed-rate
period ends. After the introductory rate term expires, the estimated payment and
rate may change. An increase or decrease depends on the market conditions at the
time of the conversion to the variable rate and during the adjustment period
thereafter. An ARM loan could be a good option if you plan to sell within a few
years.

--------------------------------------------------------------------------------

HOW DOES AN ARM LOAN WORK?

With an (ARM) loan the initial interest rate is fixed for a set period and then
becomes variable, adjusting periodically for the remaining life of the loan
based on market conditions. For example, a jumbo 10/1 ARM has a fixed rate for
the first 10 years and an adjustable rate for the remaining duration of the
loan, adjusting every year. A 7/6 ARM has a fixed rate for the first seven years
and an adjustable rate for the remainder of the loan, adjusting every six
months. To learn more about how ARM loans work, connect with your mortgage loan
officer.

--------------------------------------------------------------------------------

CAN YOU REFINANCE AN ARM LOAN?

Yes, an existing ARM loan can be refinanced upon credit approval. The benefits
of refinancing a mortgage , may include replacing the terms of your current loan
with terms that are more favorable for you, lowering monthly payments, getting
access to cash for major purchases and reducing your interest rate. Your
mortgage loan officer can help you find the right choice for your needs.


ADAM O'DONNELL

Mortgage Loan Officer

NMLS# 207165

650-627-2313

 * adam.odonnell@usbank.com

 * 650-627-2313

 * 650-464-9019

 * Connect when it's convenient for you. Request a call.

Ready to apply? Start your application.

Apply
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Loan approval is subject to credit approval and program guidelines. Not all loan
programs are available in all   states for all loan amounts. Interest rate and
program terms are subject to change without notice. Mortgage, home   equity and
credit products are offered through U.S. Bank National Association. Deposit
products are offered through   U.S. Bank National Association. Member FDIC.
  Equal Housing Lender

Calculators are provided by Leadfusion. This calculator is being provided for
educational purposes only.  The results are estimates that are based on
information you provided and may not reflect U.S. Bank product terms. The
 information cannot be used by U.S. Bank to determine a customer's eligibility
for a specific product or service. All  financial calculators are provided by
the third-party Leadfusion and are not associated, controlled by or under the
 control of U.S. Bank, its affiliates or subsidiaries. U.S. Bank is not
responsible for the content, results, or the  accuracy of information.

1. The rates above assume you have a down payment, or equity, of at least 25%
for  a conventional fixed-rate loan, an adjustable-rate mortgage (ARM) loan or a
jumbo loan, at least 3.5% for an FHA loan  and 0% for a VA loan. Return to
content,   Footnote 1

Conforming fixed-rate estimated monthly payment and APR example: A  $464,000
loan amount with a 30-year term at an interest rate of 6.500% with a
down-payment, or borrower equity of 25%  and no discount points purchased would
result in an estimated monthly principal and interest payment of $2,933 over
 the full term of the loan with an annual percentage rate (APR) of 6.667%.

Estimated monthly payment and APR calculation are based on a down-payment, or
borrower equity of 25% and  borrower-paid finance charges of 0.862% of the base
loan amount. If the down payment, or borrower equity is less than  20%, mortgage
insurance may be required, which could increase the monthly payment and the APR.
Estimated monthly  payment does not include amounts for taxes and insurance
premiums and the actual payment obligation will be greater.

ARM estimated monthly payment and APR example: A $464,000 loan  amount with a
30-year term at an interest rate of 6.875% with a down payment, or borrower
equity of 25% and no discount  points purchased would result in an initial
estimated monthly principal and interest payment of $3,048 with an annual
percentage rate (APR)  of 7.488%.

Estimated monthly payment and APR calculation are based a fixed-rate period of
five years that could change  in interest rate every six months for the next 25
years of the loan term, a down-payment, or borrower equity of  25% and
borrower-paid finance charges of 0.862% of the base loan amount, plus
origination fees if applicable. After  the five-year introductory period: the
APR is variable and is based upon an index plus a margin. The APR will vary
 with a predetermined index known as the Secured Overnight Financing Rate
(SOFR). If the down payment, or borrower equity is less  than 20%, mortgage
insurance may be required, which could increase the monthly payment and the APR.
Estimated monthly  payment does not include amounts for taxes and insurance
premiums. Adjustable-rate loans and rates are subject to  change during the loan
term. That change can increase or decrease your monthly payment.

FHA estimated monthly payment and APR example: A $265,375 base loan amount with
a  30-year term at an interest rate of 6.250% with a down payment, or borrower
equity of 3.5% and no discount points  purchased would result in an estimated
monthly principal and interest payment of $1,663 over the full term of the loan
 with an annual percentage rate (APR) of 7.478%.

Estimated monthly payment and APR calculation are based on a down payment, or
borrower equity of 3.5%  and borrower-paid finance charges of 0.862% of the base
loan amount. Estimated monthly payment and APR assumes that  the upfront
mortgage insurance premium of $4,644 is financed into the loan amount. The
estimated monthly payment shown  here does not include the FHA-required monthly
mortgage insurance premium, taxes and insurance premiums, and the  actual
payment obligation will be greater.

VA estimated monthly payment and APR example: A $264,000 base loan amount with a
 30-year term at an interest rate of 6.250% with no down payment, or borrower
equity and no discount points purchased  would result in an estimated monthly
principle and interest payment of $1,663 over the full term of the loan with an
annual percentage rate (APR) of 6.663%.

Estimated monthly payment and APR calculation are based on a down payment, or
borrower equity of 0% and  borrower-paid finance charges of 0.862% of the base
loan amount, plus origination fees if applicable. Estimated  monthly payment and
APR assumes that the VA funding fee of $6,072 is financed into the loan amount.
Estimated monthly  payment does not include amounts for taxes and insurance
premiums, and the actual payment obligation will be greater.

Jumbo estimated monthly payment and APR example: A $940,000 loan amount with a
30-year  term at an interest rate of 5.625% with a down payment, or borrower
equity of 25% and no discount points purchased  would result in an estimated
monthly principle and interest payment of $5,411 over the full term of the loan
with an annual percentage rate (APR) of 5.784%.

Estimated monthly payment and APR calculation are based on a down payment, or
borrower equity of 25% and  borrower-paid finance charges of 0.862% of the base
loan amount. If the down payment, or borrower equity is less than  20%, mortgage
insurance may be required, which could increase the monthly payment and the APR.
Estimated monthly  payment does not include amounts for taxes and insurance
premiums and the actual payment   obligation will be greater.

The rates shown above are the current rates for a single-family  primary
residence based on a 45-day lock period. These rates are not guaranteed and are
subject to change. This is not  a credit decision or a commitment to lend. Your
final rate will depend on various factors including loan product, loan  size,
credit profile, property value, geographic location, occupancy and other
factors.

To lock a rate, you must submit an application to U.S. Bank  and receive
confirmation from a mortgage loan officer that your rate is locked. Application
can be made by  starting it online or by meeting with a mortgage loan officer.

Minnesota properties: To guarantee a rate, you must receive  written
confirmation as required by Minnesota Statute 47.206. This statement of current
loan terms and conditions is  not an offer to enter into an interest rate or
discount point agreement. Any such offer may be made only pursuant to
 subdivisions 3 and 4 of Minnesota Statutes Section 47.206.

Conforming fixed-rate loans:  The annual percentage rate (APR) calculation
assumes a  $464,000 fixed-term loan with a down payment, or borrower equity of
25% and borrower-paid finance charges of 0.862% of the  loan amount, plus
origination fees if applicable. If the down payment, or borrower equity is less
than 20%, mortgage  insurance may be required, which could increase the monthly
payment and the APR. Conforming rates are for loan amounts not exceeding
$726,200 ($1,089,300 in AK and HI).

Conforming ARM loans: Adjustable-rate loans and rates are subject  to change
during the loan term. That change can increase or decrease your monthly payment.
The annual percentage rate (APR) calculation assumes a  $464,000 loan  with a
25% down payment, or borrower equity, and borrower-paid finance charges of
0.862% of the loan amount, plus  origination fees if applicable. If the down
payment or borrower equity, is less than 20%, mortgage insurance may be
 required, which could increase the monthly payment and the APR. Conforming
rates are for loan  amounts not exceeding $726,200 ($1,089,300 in AK and HI).

Non-conforming ARM loans: Adjustable-rate loans and rates  are subject to
 change during the loan term. That change can increase or decrease your monthly
payment. The annual percentage rate (APR) calculation assumes a  $940,000 loan
with a down payment, or borrower equity, of 25% and borrower-paid finance
charges of 0.862% of the loan amount, plus origination fees if applicable. If
the down payment, or borrower equity is less than 20%, mortgage  insurance may
be required, which could increase the monthly payment and the APR.
Non-conforming rates are for loan  amounts exceeding $726,200 ($1,089,300 in AK
and HI).

Jumbo loans: The annual percentage rate (APR) calculation assumes a  $940,000
fixed-term loan with a 25% down payment or borrower equity and borrower-paid
finance charges of 0.862% of the loan  amount, plus origination fees if
applicable. If the down payment, or borrower equity, is less than 20%, mortgage
insurance  may be required, which could increase the monthly payment and the
APR. Jumbo rates are for loan amounts exceeding  $726,200 ($1,089,300 in Alaska
and Hawaii).

FHA loans: The annual percentage rate (APR) calculation assumes a
$270,019 fixed-term loan ($265,375 base amount plus $4,644 upfront mortgage
insurance premium) with a 3.5% down  payment, or borrower equity, monthly
mortgage insurance premium of $176.30, and borrower-paid finance charges of
 0.862% of the base loan amount, plus origination fees if applicable.

VA loans: The annual percentage rate (APR) calculation assumes a  $270,072
fixed-term loan ($264,000 base amount plus $6,072 VA funding fee) with no down
payment, or borrower  equity and borrower-paid finance charges of 0.862% of the
base loan amount, plus origination fees if applicable.

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