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Proloan Interest Rates for the St. Louis Metro Area

The Proloan Rates effective upon receipt for the St. Louis/Southern Illinois area through Tuesday September7, 2010 are as follows. Please note 90-day lock rates and loans can only float down within the original loan periods as stipulated in the original registration.

Please see lenders below

Rates for:                
Loan Type       Points   90 Day Rate (%)   180 Day Rate (%)
Conventional 30 Year     0.0   4.375   4.500
Conventional 30 Year     2.0   4.125   NA
                 
Conventional 15 Year     0.0   4.125   4.250
Conventional 15 Year     2.0   4.000   NA
                 
GNMA 1 Government 30 Year     0.0   4.500   4.750
GNMA 2 Government 30 Year*     0.0   5.000   5.500

 

 Links to Authorized Proloan

Lenders:

Gershman

Heartland

Paramount

First State Bank

 

 

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* Government buydown-- fee of 0.5 points assessed to each loan.

Special note: Rates subject to change on a daily basis due to market conditions.

 
   
     
 
Gershman Investment Corp.      7N. Bemiston                          Clayton, MO 63105                 Phone: (314) 889-0656            Fax: (314) 854-9565

First State Bank Mortgage (Formerly Premier Bank)      295 Salt Lick Road                St. Peters, Missouri 63376 Phone 636-397-3921           Fax 636-397-5382

                  

 

     

 

 

 Heartland Mortgage                14125 Clayton Rd.                Chesterfield, MO 63017        Phone: (314) 512-8900        Fax: (314) 512-8901

 

 

Paramount Mortgage              347 N. Lindbergh Blvd.           St. Louis, MO 63141              Phone: (314) 372-4300       Fax: (314) 372-4399