(provided by)...
DAVIS MORTGAGE SERVICES
James E. Davis - Owner
Galveston, TX
toll free 866-586-6558
409-771-6893 jdavis@davismortgageservices.com

August 19, 2008

1 Yr Libor: 3.28% ----- 1 Year T-Bill: 2.30% ----- Prime: 5.00%

CONVENTIONAL MORTGAGE RATES <$417,000
***

Fixed Rates
30 Year Loans ---------------------- 15 Year Loans
6.875% +0 Org. Fee --------------- 6.625% +0 Org. Fee
6.625% +1 Org. Fee -------------- 6.375% +1 Org. Fee

Adjustable Rates
3/1 LIBOR ARM --------------- 5/1 LIBOR ARM
6.375% +1 Org. Fee --------------- 6.625% +1 Org. Fee

*Price increase applies for loans under $150,000, investor properties & LTV >95% or credit score <720
Closing Costs
Typical fees are: $575 processing & app fee + 1% Org fee if applicable, Lender fees
$550, Title Co $525, Survey $350, Appraisal $375
Total Fees: $2,375 not including origination fee.
You can't compare rates without comparing fees!
Prices quoted are for 30-day locks.. 80/10/10's, 90/15/5's & IO (interest only) are available on several products. This quote sheet is intended to assist Real Estate Professionals only and is not an advertisement to extend consumer credit as defined by REG Z. Prices are subject to change for any reason without notice. Fees are based on "clean" files using our preferred lender(s). Fees may vary depending on type of loan, lender selected, title company, appraiser and survey requirements. JUMBO >$417,000.
We're FHA approved!

JUMBO MORTGAGE RATES June 23
***
1 Yr Libor: 3.535% ---- 1 Year T-Bill: 2.510% ---- Prime: 5.00%
>$417,000
Fixed Rates

JUMBO Loans 30 Years --------------- JUMBO Loans 15 Years
7.000% 0+1 Org. Fee --------------- --------------6.75%+0
6.750% +1 Orig Fee---------------------------- 6.250% + 1 Org. Fee


Adjustable Rates
3/1 LIBOR ARM....... 95% LTV up to $650,000 .......5/1 LIBORARM
6.125%+ 1 Org. Fee------------------------------------------ 6.25%+1 Org. Fee


Closing Costs
Typical fees are: $875 processing & app fee + Org fee if applicable, Lender fees $550,
Title Co $525, Survey $350, Appraisal $375
Total Fees: $2,675 not including origination fee.
You can't compare rates without comparing fees!

Prices quoted are for 30-day locks. Many other products are available. This quote sheet is intended to assist Real Estate Professionals only and is not an advertisement to extend consumer credit as defined by REG Z. Prices are subject to change for any reason without notice. Fees are based on "clean" files using our preferred lender(s). Fees may vary depending on type of loan, lender selected, title company, appraisal and survey requirements.