Current Rates

The following Interest Rate Tables provide various interest rates according to the amount of Discount and Origination Points charged.

The rates listed below should only be used as a guide. Your actual rate could be slightly more or less due to fluctuating rates and your particular loan needs.

• Good Faith Estimate - You should require all prospective lenders to provide you with a written Good Faith Estimate prior to making your final decision.
• Discount Points - Often called "points" is a one-time charge used to adjust the yield on the loan to lower "buy-down" the interest rate on the loan.
• Origination Points - Also called "points." This fee usually covers the broker's or lender's administrative costs in processing the loan and is calculated as a percentage of the loan amount.

HMC has numerous "A" quality conventional Adjustable Rate Mortgage (ARM) loan programs. Contact your nearest HMC Loan Officer for rates and information.

"SubPrime" Loans

We have numerous loan programs for applicants with prior credit problems, hard to qualify borrowers and borrowers with high debts in relation to income.

It is important for you to know that no mortgage lender can give you an accurate rate quote and/or Good Faith Estimate on a SUBPRIME loan until the lender has taken a complete application from you and has secured an in-file credit bureau report from the three main credit reporting agencies. For this reason we do not quote rates on SUBPRIME loans until our underwriters have reviewed the application and credit report.

If you would like us to prequalify you for a SUBPRIME loan, please call one of our loan officers or go to our Prequalification form.

We look forward to working with you and providing you with honest and accurate information about SUBPRIME loans.

• A- paper loans to 90% LTV with Debt Ratios 45%
• B paper loans to 85% LTV with Debt Ratios to 50%
• C paper loans to 80% LTV with Debt Ratios to 55%
• D paper loans to 65% LTV with Debt Ratios to 65%
• Prior Bankruptcy or Foreclosure is OK.
• 100% Gift Down Payment is OK.
• Stated Income 90% LTV, No Reserves & No Ratio programs available.

All rates and terms are subject to change without notice.

Please remember, the rates listed above should only be used as a guide. Your actual rate could be slightly more or less due to fluctuating rates and your particular loan needs. Always require each prospective lender to provide you with a written Good Faith Estimate when comparing lenders.