MORTGAGE & HOME EQUITY LOAN RATES
Mortgage loan rates are effective as of November 19th, 2008. Rates are subject to change. Please note that First Financial lends on properties in the State of New Mexico only. Click here to apply for a mortgage/home equity loan.
For consumer loan rates, click here.
Fixed Rate Loans
| Loan Term |
Base Rate |
Points |
| 30 Year |
6.250% |
0 |
| 30 Year |
6.000% |
1 |
| 30 Year |
5.750% |
2 |
| 15 Year |
5.875% |
0 |
| 15 Year |
5.625% |
1 |
| 15 Year |
5.375% |
2 |
| 10 Year |
5.875% |
0 |
| 10 Year |
5.625% |
1 |
| 10 Year |
5.375% |
2 |
Adjustable Rate Loans
| Loan Term |
Base Rate |
Points |
Margin |
Caps |
| 3/1 |
5.875% |
0 |
2.50 |
2/6 |
| 3/1 |
5.625% |
1 |
2.50 |
2/6 |
| 3/1 |
5.375% |
2 |
2.50 |
2/6 |
| 5/1 |
6.000% |
0 |
2.50 |
2/6 |
| 5/1 |
5.750% |
1 |
2.50 |
2/6 |
| 5/1 |
5.500% |
2 |
2.50 |
2/6 |
| 7/1 |
6.250% |
0 |
2.50 |
2/6 |
| 7/1 |
6.000% |
1 |
2.50 |
2/6 |
| 7/1 |
5.750% |
2 |
2.50 |
2/6 |
Home Equity Loans
| Type |
Base Rate |
Loan-to-Value |
| Home Equity Line-of-Credit* |
As low as 5.250% |
Up to 90% LTV |
| Fixed Rate 2nd Mortgage** |
As low as 4.000% |
Up to 90% LTV |
All rates are subject to change. Your rate may vary based on loan terms including points, loan amount, your credit score, condition of credit, payment history, cash out and property occupancy (primary residence, investment property, rental).
Investment, rental or second home properties may be subject to additional fees. Loans over 80% LTV may be subject to additional fees to include mortgage insurance.
*Rate determined when loan is approved, based on credit factors and loan-to-value. Home Equity Lines available up to 90% LTV on primary residence, 75% on rentals. No fees on lines up to or below $75,000. Minimum draw of $5000 required, $35.00 annual fee for access to line.
**Rate determined when loan is approved, based on credit factors and loan-to-value. Fixed rate second mortgage rates are based on the Wall Street Journal prime rate from the previous month. | 
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