Pricing Change

Our pricing has improved. Some of the changes include:

• Premium FHA 660+ pricing has improved by as much as .50 on the 30 year fixed and by over 1.0 on the 15 year fixed.
• Premium Manufactured pricing went fro 1 bps to 1.5 bps; the pricing on the 15 year is at a minimum .50 better.
• Premium pricing for the 5/1 ARM has greatly improved.
• Standard 620-659 FICO now has a pricing hit for 620-639.
• The pricing hit on a 30 year fixed is .625 bps. The 5/1 ARM and 15 year fixed is just .25 bps.
• The Standard 620-659 FICO,15 year fixed pricing hit on all Manufactured housing is now 1.5 bps. Rates on the Standard 620-659 FICO got better by a minimum of a point.
• Some note rates got better by upwards of 1.5 pts.

Noted reminder: AFR does not have an Underwriting or Commitment fee or any interest credit caps. We only have a $12 flood cert fee.