2675 44th Street S.W., Suite 206
Wyoming, MI 49519
Phone No. # (616) 301-1811
Fax No. # (616) 301-2447

better business bureau
A+ Rating

Mortgage Glossary

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Zone
Geographic location by itself with designated boundaries. An example is a district.

Zero point option
An option which allows the borrower to not pay the points associated with the loan origination fee. This savings is offset by a slightly higher loan interest rate.

Veteran Owned
Company

Veteran Owned Company

Current Rates
30 Yr Fixed $200,000	4.125% APR 4.507%
15 Yr. Fixed $200,000	3.375% APR 3.633%
FHA Rate $200,000	3.625% APR 4.125%
30 Yr Jumbo $500,000	5.125% APR 5.220%
15 Yr Jumbo $500,000	4.750% APR 4.925%
30 Yr Land $100,000	5.350% APR 5.565%
15 Yr Land $100,000	4.450% APR 4.816%
Float Land $100,000	3.750% APR 4.025%
Prime Rate	3.250%
Commercial $500,000	6.375% APR 6.723%

Interest rates, mortgage program terms and conditions are subject to change without notice. Loans are subject to credit review and approval. Properties securing all loans must be located in Michigan.

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