MCAP Mortgage Corportion
 
Closed Term   Open Term
6 Mo 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 7 Yr 10 Yr | 6 Mo 1 Yr
4.55% 3.30% 3.65% 4.20% 5.24% 5.59% 6.50% 6.60% | -- 6.45%
These Rates Updated: August 19/2010
Rate Commitment Period
 Renewals 30 days with new mortgages from 75/90/120 days
Payment Options wkly-biwkly-mo-accel bi
 weekly, bi-weekly, semi-monthly, monthly
Amortization Options
 10 years to 25 years
Portable
 Yes nationally with qualifications
Assumable
 Yes with qualifications
Monthly Pre-payment Privileges
 15% increase monthly on original mortgage payment amount.
Annual Pre-payment Privileges
 15% pre-payment permitted per year payable on any regular payment date. Pre-payment can be made
Mortgage Life Insurance
 
Payout Penalty
 
Notes
 
The above is for information purposes only and should not be relied upon without verification through the indicated financial institution