Happy Monday – it’s almost over! Attached are current rates for purchase money mortgages. Pricing is still excellent, and our jumbo pricing is best in market.

 Note that rates improve ¼% on jumbo loans for customers who autodraft their mortgage from a ST checking account, so we could be at 3.875% on a jumbo 30 fixed for such clients buying a new home. That is as good as conforming pricing, so there’s really no need for clients to avoid jumbo loans (other than the pesky 20% down payment requirement). Our DR loan pricing is same/better than regular jumbo pricing up to 100% financing for loans up to 650k. Always remember SunTrust for your DRs as we have the best financing options in the market for them.

 e have started taking applications for HARP II which allows us to refinance many ST Mortgage servicing clients with Fannie/Freddie loans – regardless of how underwater they may be. So if you have clients we have done loans for and who think they can’t refinance, please have them check with us again!

 Have a great week!

 Laura Joines

Mortgage Banker

SunTrust Mortgage, Inc. 

404.983.2848

404.962.3914 efax

laura.joines@suntrust.com

NMLSR# 658938

Apply online: www.suntrustmortgage.com/ljoines