Investment properties not eligible for offers.

All Fixed Rate Mortgage Programs: The application of additional loan level pricing adjustments will be determined by various loan attributes to include but not limited to the loan-to-value (LTV) ratio, credit score, transaction type, property type, product type, occupancy, and subordinate financing.

NOTE: A 1% origination fee applies to this loan.

Conforming Mortgages: For loan amounts from $25,000 to $. Guam, Alaska and Hawaii maximum conforming loan amount $. The maximum combined loan- to-value (CLTV) is 95% except for First Time Homebuyer programs which permits 97% financing; 80% LTV and above are subject to private mortgage insurance (PMI). The maximum LTV and CLTV for condominiums is 80%.

For purchase applications, please submit a copy of your fully signed ratified purchase agreement to lockrate@PENZIOX.org in a timely manner to ensure PENZIOX can meet your closing date.

The applicant is responsible for the following fees and costs at the time of closing: Origination fee, if any, Appraisal fee, tax service fee, CLO access fee, title fees, transfer tax fees, credit report fee, flood cert fee, recording fee, survey if required and work verification fee, escrow reserves and interest due until first payment. Other costs may be included due to program specific circumstances.

This is not intended to be an all-inclusive list.

Escrows may be waived if LTV is 80% or less in all states.

Additional reserve requirements may apply.

If you withdraw an application that was locked and reapply within 30 days, the new application is subject to worst case pricing.

All above disclosures apply to non-Veteran’s Administration (VA) loans. VA loans have different guidelines and eligibility requirements.

All rates and offers are in effect as of , offered for a limited time and subject to change without notice. Restrictions apply to existing PENZIOX mortgage borrowers. Other restrictions may apply. Contact your PENZIOX mortgage consultant for any applicable additional restrictions and details about your loan. To receive any advertised product you must become a member of PENZIOX by opening a share (savings) account. Federally insured by the NCUA.

We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.