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Today's Colorado Mortgage Rates and Closing Costs
Updated 11/20/07

Colorado Mortgage Programs
Mortgage Type	Conventional Rate*	Jumbo Rate**	Closing Items	Cost
30 Year Fixed	5 7/8 - 6%	6 5/8 - 6 3/4%	Appraisal	$300-350
15 Year Fixed	5 1/2% Par	7 1/2 - 7 5/8%	Processing	$200
3/1 Adjustable ARM	5 3/8 - 5 1/2%	NA	Tax Service	$100
5/1 Adjustable ARM	5 5/8 - 5 3/4%	6 1/8% Par	Underwriting	$520
30 Year Fixed (10yr I/O)	6 1/4 - 6 3/8%	-	Administrative	$0
3/1 ARM (3% Down Pymt)	5 7/8% Par	-	Origination/Broker Fee	Flat Fee


	Above are our in house costs and selected rates for mortgage loans. For a specialized product, please contact us. The rate is given as a range to help with the flat fee nature of our mortgages. The lower rates indicates the customer will pay a little more for the loan and the higher rate indicates the customer will receive money back from the lender. Please read our section on flat fee mortgages to help explain our philosophy on servicing our clients. Also, please take the time to read the section on yield spread premiums which allows for our unique pricing structure. Rates are updated at the beginning of each day. Rates are dependent on the bond market and therefore can change anytime throughout the day. Loans must be locked to guarantee an interest rate. Other third party fees such as title and closing documents will apply. Conventional rates assume purchase and loan amount of $200,000, the property is single family-owner occupied, full documentation of employment and assets, no prepayment penalty, lock period of 30 days and a 20% down payment (25% down payment/equity for 5/1 ARM). Maximum conventional loan is $417,000. *Jumbo rates assume jumbo purchase loan amount of $417,001 and above. The property is single family-owner occupied, full documentation of employment and assets, no prepayment penalty, lock period of 50 days and a 20% down payment

Above are our in house costs and selected rates for mortgage loans. For a specialized product, please contact us. The rate is given as a range to help with the flat fee nature of our mortgages. The lower rates indicates the customer will pay a little more for the loan and the higher rate indicates the customer will receive money back from the lender. Please read our section on flat fee mortgages to help explain our philosophy on servicing our clients. Also, please take the time to read the section on yield spread premiums which allows for our unique pricing structure.

Rates are updated at the beginning of each day. Rates are dependent on the bond market and therefore can change anytime throughout the day. Loans must be locked to guarantee an interest rate. Other third party fees such as title and closing documents will apply.

*Conventional rates assume purchase and loan amount of $200,000, the property is single family-owner occupied, full documentation of employment and assets, no prepayment penalty, lock period of 30 days and a 20% down payment (25% down payment/equity for 5/1 ARM). Maximum conventional loan is $417,000.
**Jumbo rates assume jumbo purchase loan amount of $417,001 and above. The property is single family-owner occupied, full documentation of employment and assets, no prepayment penalty, lock period of 50 days and a 20% down payment