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Effective Date: Tuesday, April 23, 2024
| HECM Monthly Adj. 1Y CMT 5 CAP – (US Treasury) | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Principal Limit Utilization *All files are over-disclosed to max premium for given margin at application* | |||||||||||||
| Margin | Initial Rate | Exp. Rate | 0-10% | 10.01-20% | 20.01-30% | 30.01-40% | 40.01-50% | 50.01-60% | 60.01-70% | 70.01-80% | 80.01-90% | 90.01-100% | |
| 3.000% | 8.170% | 7.630% | 112.125 | 109.250 | 107.750 | 105.500 | 104.875 | 105.000 | 104.125 | 103.750 | 103.375 | 103.375 | |
| 2.875% | 8.045% | 7.505% | 112.125 | 109.375 | 107.875 | 106.250 | 105.375 | 105.500 | 104.250 | 103.750 | 103.500 | 103.375 | |
| 2.750% | 7.920% | 7.380% | 111.625 | 109.000 | 108.000 | 106.500 | 105.625 | 105.875 | 104.875 | 104.500 | 104.250 | 104.125 | |
| 2.625% | 7.795% | 7.255% | 110.750 | 108.500 | 107.125 | 106.125 | 105.250 | 105.375 | 104.500 | 104.125 | 103.875 | 103.875 | |
| 2.500% | 7.670% | 7.130% | 110.125 | 107.750 | 106.500 | 105.375 | 104.750 | 104.750 | 104.000 | 103.500 | 103.375 | 103.125 | |
| 2.375% | 7.545% | 7.005% | 108.250 | 106.250 | 105.875 | 104.500 | 103.875 | 103.875 | 103.250 | 102.750 | 102.750 | 102.500 | |
| 2.250% | 7.420% | 6.880% | 106.750 | 104.750 | 104.500 | 103.375 | 102.750 | 103.000 | 102.500 | 102.000 | 102.000 | 102.000 | |
| 2.125% | 7.295% | 6.755% | 104.625 | 102.750 | 103.250 | 102.500 | 101.875 | 102.000 | 101.500 | 101.375 | 101.250 | 101.250 | |
| 2.000% | 7.170% | 6.630% | 101.125 | 99.875 | 101.875 | 100.875 | 101.000 | 101.125 | 100.875 | 100.500 | 100.500 | 100.500 | |
| 1.875% | 7.045% | 6.505% | 98.125 | 98.625 | 99.625 | 99.625 | 99.625 | 100.000 | 99.875 | 99.750 | 99.750 | 99.875 | |
| 1.750% | 6.920% | 6.380% | 97.250 | 97.875 | 99.125 | 99.000 | 99.000 | 99.250 | 99.250 | 99.250 | 99.250 | 99.375 | |
| 1.625% | 6.795% | 6.255% | 93.500 | 95.625 | 97.625 | 98.250 | 98.125 | 98.250 | 98.250 | 98.375 | 98.500 | 98.625 | |
| 1.500% | 6.670% | 6.130% | Please contact your AE for pricing. | ||||||||||
| 1.375% | 6.545% | 6.005% | |||||||||||
| HECM Annual Adj. 1Y CMT – (US Treasury) – Pricing available upon request, please contact your Account Executive | |||||||||||||
| HECM Monthly Adj. 1Y CMT 10 CAP – (US Treasury) | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Principal Limit Utilization *All files are over-disclosed to max premium for given margin at application* | |||||||||||||
| Margin | Initial Rate | Exp. Rate | 0-10% | 10.01-20% | 20.01-30% | 30.01-40% | 40.01-50% | 50.01-60% | 60.01-70% | 70.01-80% | 80.01-90% | 90.01-100% | |
| 3.000% | 8.170% | 7.630% | 112.125 | 109.250 | 107.750 | 105.500 | 104.875 | 105.000 | 104.125 | 103.750 | 103.375 | 103.375 | |
| 2.875% | 8.045% | 7.505% | 112.125 | 109.375 | 107.875 | 106.250 | 105.375 | 105.500 | 104.250 | 103.750 | 103.500 | 103.375 | |
| 2.750% | 7.920% | 7.380% | 111.625 | 109.000 | 108.000 | 106.500 | 105.625 | 105.875 | 104.875 | 104.500 | 104.250 | 104.125 | |
| 2.625% | 7.795% | 7.255% | 110.750 | 108.500 | 107.125 | 106.125 | 105.250 | 105.375 | 104.500 | 104.125 | 103.875 | 103.875 | |
| 2.500% | 7.670% | 7.130% | 110.125 | 107.750 | 106.500 | 105.375 | 104.750 | 104.750 | 104.000 | 103.500 | 103.375 | 103.125 | |
| 2.375% | 7.545% | 7.005% | 108.250 | 106.250 | 105.875 | 104.500 | 103.875 | 103.875 | 103.250 | 102.750 | 102.750 | 102.500 | |
| 2.250% | 7.420% | 6.880% | 106.750 | 104.750 | 104.500 | 103.375 | 102.750 | 103.000 | 102.500 | 102.000 | 102.000 | 102.000 | |
| 2.125% | 7.295% | 6.755% | 104.625 | 102.750 | 103.250 | 102.500 | 101.875 | 102.000 | 101.500 | 101.375 | 101.250 | 101.250 | |
| 2.000% | 7.170% | 6.630% | 101.125 | 99.875 | 101.875 | 100.875 | 101.000 | 101.125 | 100.875 | 100.500 | 100.500 | 100.500 | |
| 1.875% | 7.045% | 6.505% | 98.125 | 98.625 | 99.625 | 99.625 | 99.625 | 100.000 | 99.875 | 99.750 | 99.750 | 99.875 | |
| 1.750% | 6.920% | 6.380% | 97.250 | 97.875 | 99.125 | 99.000 | 99.000 | 99.250 | 99.250 | 99.250 | 99.250 | 99.375 | |
| 1.625% | 6.795% | 6.255% | Please contact your AE for pricing. | ||||||||||
| 1.500% | 6.670% | 6.130% | |||||||||||
| General Notes & Comments | Current Rates | ||||||||||||
– All pricing is for 10 Day Locks – Loans originated in Quantum Reverse only – All loans must use Mutual of Omaha processing – Price Adjustor: Manufactured Homes: -25 basis points – Rates subject to change at any time. Premium is based on UPB | 10 Year CMT 1 Year CMT 0.00% 0.00% | ||||||||||||
| HECM Fixed Rate | |||
|---|---|---|---|
| Rate | Orig. Fee | Credit | 10 Day |
| 7.560% | HUD Calc. | 0.00% | 102.000 |
| 7.680% | $5,000.00 | 0.00% | 102.000 |
| 7.810% | $4,500.00 | 0.00% | 102.000 |
| Any origination fee is paid to MOOM | |||
| Loans with < 100% utilization require PE | |||