The mortgage shoppers, who plan on visiting the local branches of US Bank Corp (NYSE: USB), can seriously hear them talking about ideal home loan deals. For the potential borrowers, who are planning on having their new home or expensive realty investment financed through US Bank Corp will find no immediate change in the mortgage interest rates, at which these options are coming out on June 9, 2014.
In the exclusive lending division, the borrowers with expensive mortgage needs can spot the jumbo versions of the popular 30 year fixed rate mortgage deals being published at a lending rate of 4.625% and an annual return rate of 4.777%. In the short term lending section, 15 year fixed rate mortgage home loan schemes are now up for grabs at an interest rate of 3.750% and an annual percentage yield of 4.008%.
For the borrowers interested in flexible financing options, the bank is currently offering its 3 year adjustable rate mortgage loans at a starting interest rate of 2.250% and an APR yield of 3.261% on the principal amount of home loan sanctioned by the bank. The mortgage shoppers, who are looking forward to lock in more flexible home loan deals, can opt for 5 year adjustable rate mortgage options, which are now traded at a lending rate of 2.625% and an APR yield of 3.250% during the starting years of the home loan period.