Patriot Mortgage, a division of Patriot Bank, specializes in residential mortgages and home equity loans. We offer FHA, VA and conventional fixed rate mortgages. Larry Boyd has more than 30 years experience in the home mortgage business, bringing a new level of personal service to homebuyers.

All loan decisions are made within Patriot Morgage, which means loan approvals take less time. Usually we can approve a loan within one day and often before the client has left the office.

Patriot Mortgage offers a wide variety of home mortgages. We offer FHA, VA, Conventional and Jumbo Fixed Rate mortgages. Patriot offers loans for up to 97% of the sales price. We offer 97% loans without mortgage insurance. All fixed rate mortgages carry terms of 30, 25, 20, 15 and 10 years. In addition to fixed rates mortgages we also offer 3,5,7 and 10 year adjustable rate mortgages along with 5 and 7 year balloon programs. On all of our programs you can be assured that Patriot Mortgage will offer you the lowest competitive rate to be found.  Just call Larry Boyd at (901)854-7383.

February 05, 2012

TODAY'S FIXED RATES

TYPE
RATE
DISC. /
ORIG.
APR*
LOCK
% DOWN
LOAN RANGE
30 yr. FIXED
4.0%
0/0
4.04%
30
5%
$150,000-
$417,000
20 yr. FIXED
3.875%
0/0
3.94%
30
5%
$150,000-
$417,000
15 yr. FIXED
3.375%
0/0
3.42%
30
5%
$150,000-
$417,000
10 yr. FIXED
3.25%
0/0
3.35%
30
5%
$150,000-
$417,000
*APR Based on 20% down excluding FHA.
Rates and points subject to change without notice.
Rates can change according to credit scores


TYPE
RATE
DISC./
ORIG
APR*
LOCK
% DOWN
LOAN RANGE

97%
WITH PMI

4.25%
0/0
5.25%
30
0%
$150,000-
$417,000

95%
NO MONTHLY
PMI

4.375%
0/0
4.42%
30
0%
$150,000-
$417,000

FHA
30 YEAR
   
3.875%
0/0
4.75%
30
0%
$100,000-
$200,160
*APR Based on 20% down excluding FHA.
Rates and points subject to change without notice.
Rates can change according to credit scores.

354 New Byhalia Rd. • Collierville, TN 38017
lboyd@downhomebank.com