Downtown Austin Condo For Sale Resource

Ok W Hotel Austin Buyers, here is the latest interest rates you can get when you buy a condo at the W Hotel Austin:

25% down or equity position would be required. Current rate options and LTVs for condo loans at the W Residences are below.

Primary Residence:

All Options:  Max LTC/LTV 75%; 1-percent origination

Conforming Loans up to $417,000

1.       4.25% fixed for 5 years, then floating at 4.125% over 1 year CMT, floor of 4.00%, ceiling of 9.999%

2.       4.10% fixed for 10 years, fully amortizing 10 year term

3.       4.40% fixed for 15 years, fully amortizing 15 year term

Jumbo Loans over $417,000

1.       4.99% fixed for 5 years, then floating at 4.625% over 1 year CMT, floor of 4.00%, ceiling of 9.999%

2.       4.75% fixed for 10 years, fully amortizing 10 year term

3.       5.30% fixed for 15 years, fully amortizing 15 year term

Secondary Residence:

All Options:  Max LTC/LTV 70% – 75%; 1-percent Origination Fee

Conforming Loans up to $417,000

1.       4.60% fixed for 10 years, fully amortizing 10 year term

2.       4.90% fixed for 15 years, fully amortizing 15 year term

Jumbo Loans over $417,000

1.       5.25% fixed for 10 years, fully amortizing 10 year term

2.       5.80% fixed for 15 years, fully amortizing 15 year term

If you have any questions about W Hotel Austin, Call Perry Henderson REALTOR at Prudential Texas Realty in Austin 512.791.7462.

 

W Hotel Austin interest Rates

This entry was posted on Tuesday, May 15th, 2012 at 2:48 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.