International Mortgage Corporation
GOVERNMENT RATES
Fax locks to:		410.729.0297				Effective: 11/18/2008
Questions?		email:	secondary@imclending.com				phone:	410.729.3302
brokers.imclending.com
Government Fixed
30 Year Fixed			15 Year Fixed			Fixed Adjustments
F30	10 Day		F15	10 Day		LA < $50,000:				(0.750)
7.500	102.615		6.500	101.460		Manual Underwriting:				(0.500)
7.375	100.863		6.000	100.798		HUD REPO's:				(0.500)
7.250	101.770		5.500	99.555		VA Loans (V30 & V15):				(0.250)
7.125	101.726		5.000	97.920		Lender  Funded Buydown (F30BD):				(3.000)
7.000	102.092		4.500	95.844		Leasehold				(0.250)
6.875	101.392					30 Day Lock				(0.125)
6.750	101.289					45 Day Lock				(0.250)
6.625	101.368					Streamline Refis (580 minimum)				0.125
6.500	101.516					AL, MD, DE Properties				(0.150)
6.375	100.830					Virginia Properties				(0.200)
6.250	100.575					FHA Jumbo (30yr fixed only) (>362,790)				(1.500)
6.125	100.558					Faxed Lock Requests				(0.250)
6.000	100.487
						Credit Score Adjustments
						< 580				N/A
						580 - 599				(1.000)
						600 - 619				(0.250)
Government ARMs
1 Year Arm			3/1 Arm			ARM Adjustments
F11	10 Day		F31	10 Day		LA < $50,000:				(0.750)
5.250	96.119		6.250	99.080		Manual Underwriting:				(0.500)
5.125	96.364		6.125	98.846		FHA 1yr ARM Margin=2.00%				(0.250)
5.000	96.109		6.000	98.842		VA Loans (V11 & V31):				(0.250)
4.875	95.854		5.875	98.838		Lender  Funded Buydown:				(3.000)
						Leasehold				(0.250)
Caps:	1/1/5		Caps:	1/1/5		30 Day Lock				(0.125)
Margin:	2.25%		Margin:	2.25%		45 Day Lock				(0.250)
						Streamline Refis (580 minimum)				0.125
Today's Lock Expiration Dates						Alabama, Maryland Properties				(0.100)
10 Day				11/28/2008		Virginia Properties				(0.200)
30 Day				12/18/2008		Faxed Lock Requests				(0.250)
45 Day				1/2/2009		Credit Score Adjustments
						< 580				N/A
						580 - 599				(1.000)
						600 - 619				(0.250)
Extensions:		Adjustment:
5 Days		(0.275)
10 Days		(0.300)
20 Days		(0.350)
30 Days		(0.500)
Can only be granted within 10 Days of Expiration
No Extensions Greater Than 30 Days
Relocks are subject to worse case pricing
Program Notes:
FHA Jumbo is any base loan amount over 362,790
NOT CURRENTLY OFFERING MANUFACTURED HOMES
NOT CURRENTLY OFFERING DOWNPAYMENT ASSISTANCE LOANS.
FOR OFF SHEET PRICING PLEASE CONTACT YOUR ACCOUNT EXECUTIVE!!!
Loans can not exceed 7% total fees. Yield spread is not included in the fees.
Max yield spread premium allowed is $9,000.