**Today's Best Rates from 60 Top Lenders      May 24, 2005
    Good credit : deduct .25%       Bad credit: No Problem  Loans over 175K deduct .25%
Conventional Loan Programs:  
      30 Year Fixed
5.375%     Jumbo 5.750%
0 Points
      15 Year Fixed
5.125%     Jumbo 5.375%
0 Points
     
  • 10 Year Fixed & 20 Year Fixed Available, Call for Quote
  • Jumbo Arms &15 & 30 year fixed Available, Call for Quote
  • New Construction 15 & 30 Year Fixed Loans Available, with up to a 270 Day Rate Cap, Call for Quote.  Rates as low as 5.750%  0 Points
  • No & Low Doc 15 & 30 Year Programs Available, as low as 5.750%, 15 year fixed.
  • Second Home, condo and Refinance rates available at new lows, call for Quote
Adjustable Rates: Arms        as low as 4.000% over 100K 1 MONTH ARMS     0 Points
3/1
5.000%  Jumbo add .25
1.0 Points 
5/1
5.125%  Jumbo add .25
1.0 Points
7/1
5.50% Jumbo add .25
1.0 Points
10/1
5.625% Jumbo add .25
1.0 Points
* 6 Month, 3 & 5 Year Libor Index Rates Available, Call for Quote
 * Option Arms as low as 2.25%   (COFI & MTA Index)   Life cap 9.95%
       LIBOR   Loans as low as 4.750%  **Reverse mortgage loans for Seniors available

FHA & VA GOVERNMENT LOAN PROGRAMS:  Arms & RE-FI Available
30 Year Fixed
5.500%  0 Points
1 Year Arm 5.00% 0 Point
              15 Year fixed             5.250    0 points   3 year Arm Available
GET YOUR CUSTOMER PRE-APPROVED-ITS LIKE SHOPPING WITH CASH
OVER 100 LOAN TYPES TO CHOOSE FROM
Call ROD BURNS, Mortgage loan Officer
Office: 410.592.8017
Toll Free: 800.394.5873
Cell: 410.459.7788
 
FAX: 410.592.8097
  
   
     
                          Gateway Funding is a Licensed Mortgage Banker
Home Office:  300 Welsh Road, Bldg. 5 - Horsham, Pennsylvania 19044