Loan Assumptions

Conforming 30 Year Fixed

Disclosed rate assumes a $450,000 loan on an $900,000 property in Carson City County, NV. The values shown assume the loan is for the purchase of a single family residence that will be used as a primary residence and that the applicant has a credit score of 740 or higher. Rates are for illustrative purposes only and are subject to change at anytime. All loans are subject to credit/collateral approval, and not all applicants will qualify.

Conforming 15 Year Fixed

Conforming 5/5 ARM

Disclosed rate assumes a $350,000 loan on an $437,500 property in Carson City County, NV. The values shown assume the loan is for the purchase of a single family residence that will be used as a primary residence and that the applicant has a credit score of 700 or higher. Membership with Greater Nevada Credit Union is required, which is open to anyone living or working in any of Nevada’s 17 counties and members of their immediate family. Rates are for illustrative purposes only and are subject to change at anytime. All loans are subject to credit/collateral approval, and not all applicants will qualify.

FHA 30 Year Fixed

Disclosed rate assumes a $356,125 loan on an $431,200 property in Carson City County, NV. The total loan amount includes a base loan of $350,000 and the required upfront mortgage insurance premium. The values shown assume the loan is for the purchase of a single family residence that will be used as a primary residence and that the applicant has a credit score of 700 or higher. Rates are for illustrative purposes only and are subject to change at anytime. All loans are subject to credit/collateral approval, and not all applicants will qualify.

USDA 30 Year Fixed

Disclosed rate assumes a $353,550 loan on an $353,530 property in Carson City County, NV. The total loan amount includes a base loan of $350,000 and the required guarantee fee. The values shown assume the loan is for the purchase of a single family residence that will be used as a primary residence and that the applicant has a credit score of 700 or higher. Rates are for illustrative purposes only and are subject to change at anytime. All loans are subject to credit/collateral approval, and not all applicants will qualify.

Jumbo 5/5 ARM

Disclosed rate assumes a $800,000 loan on an $1,200,000 property in Carson City County, NV. The values shown assume the loan is for the purchase of a single family residence that will be used as a primary residence and that the applicant has a credit score of 700 or higher. Membership with Greater Nevada Credit Union is required, which is open to anyone living or working in any of Nevada’s 17 counties and members of their immediate family. Rates are for illustrative purposes only and are subject to change at anytime. All loans are subject to credit/collateral approval, and not all applicants will qualify.

Jumbo 30 Year Fixed

Disclosed rate assumes a $950,000 loan on an $1,900,000 property in Washoe County, NV. The values shown assume the loan is for the purchase of a single family residence that will be used as a primary residence and that the applicant has a credit score of 740 or higher. Rates are for illustrative purposes only and are subject to change at anytime. All loans are subject to credit/collateral approval, and not all applicants will qualify.

VA 30 Year Fixed

Disclosed rate assumes a $354,900 loan on an $434,000 property in Washoe County, NV. The total loan amount includes a base loan of $350,000 and the required funding fee. The values shown assume the loan is for the purchase of a single family residence that will be used as a primary residence and that the applicant has a credit score of 700 or higher. Rates are for illustrative purposes only and are subject to change at anytime. All loans are subject to credit/collateral approval, and not all applicants will qualify.

Conforming 5/5 ARM Doctor Loan

Disclosed rate assumes a $350,000 loan on an $700,000 property in Carson City County, NV. The values shown assume the loan is for the purchase of a single family residence that will be used as a primary residence and that the applicant has a credit score of 740 or higher. Membership with Greater Nevada Credit Union is required, which is open to anyone living or working in any of Nevada’s 17 counties and members of their immediate family. Rates are for illustrative purposes only and are subject to change at anytime. All loans are subject to credit/collateral approval, and not all applicants will qualify.

Conforming 30 Year Fixed Doctor Loan

Disclosed rate assumes a $350,000 loan on an $583,300 property in Carson City County, NV. The values shown assume the loan is for the purchase of a single family residence that will be used as a primary residence and that the applicant has a credit score of 740 or higher. Membership with Greater Nevada Credit Union is required, which is open to anyone living or working in any of Nevada’s 17 counties and members of their immediate family. Rates are for illustrative purposes only and are subject to change at anytime. All loans are subject to credit/collateral approval, and not all applicants will qualify.

APR = Annual Percentage Rate. APR is the cost to borrow money expressed as a yearly percentage. For mortgage loans, excluding home equity lines of credit, it includes the interest rate plus other charges or fees.

Rates and terms are subject to change without notice. Rates are for illustrative purposes only, and assumes a borrower with a credit score of 700 or higher which may be higher or lower than your individual credit score. Adjustable Rate Mortgage (ARM) loans are subject to interest rate, APR, and payment increase after each change period. For instance, a 5/5 ARM means that you will pay a fixed rate for the first five years of the loan, and then your rate is subject to change once every five years thereafter through the remainder of the loan. Interest rates and APRs are based on current market rates, and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Depending on loan guidelines, mortgage insurance may be required. If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Your loan’s interest rate will depend upon the specific characteristics of your loan transaction and your credit history up to the time of closing. The estimated total closing costs in these rate scenarios are not a substitute for a Loan Estimate, which includes an estimate of closing costs, which you will receive once you apply for a loan. Actual fees, costs and monthly payment on your specific loan transaction may vary, and may include city, county or other additional fees and costs. Not all loan options are available in every state. Borrower is responsible for any property taxes as a condition of the loan. Membership with Greater Nevada Credit Union is required for select loan options. This is not a credit decision or a commitment to lend.

Please contact a Mortgage Consultant to learn about all details on loan options and programs available. You may contact one directly, or call Greater Nevada Mortgage at 775-888-6999 or 800-526-6999. We do business in accordance with the Federal Fair Housing Law and the Equal Opportunity Act, and the California Fair Employment and Housing Act.

Disclosure and Assumptions