LoanWorks - Rate Comparisons

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Rate Comparisons

We've done our homework and compiled rates and fees for the nation's top mortgage lenders.
1.	Every lender quotes a rate and point combination daily.
2.	We calculate a Loan Cost by adding their points and lender fees.
3.	We then look at our points and lender fees for the exact same interest rate to present the LoanWorks Loan Cost.
4.	Finally, we compare our Loan Cost to our competitors Loan Cost and show you the difference.
As you can see, our rates generally are lower than our competitors. If a competitor does provide a lower price, it will be posted on the comparison table. Your clients will know they are getting the best service for the overall best price through their trusted real estate advisor, you.

Please select the loan type you would like to compare:

30 Year Fixed to $0
Comparison Rate as of 10/11/2005 : 5.75%


Lender	APR (%)	Discount Points (%)	Discount Points ($)	Lender Fees	True Lender Cost	With Us You Save

LoanWorks	5.987%	1.750%	5,250	995	6,245

Citicorp	5.874%	2.250%	9,383	1,090	10,473	4,228
Wells Fargo Home Mtg	5.864%	2.000%	8,340	1,385	9,725	3,480

Definition of Terms
Discount Points (%)- This is the amount of discount points you will pay for the same interest rate as LoanWorks, expressed as a percentage of your loan amount.
Discount Points ($) - This is the amount of discount points you will pay for the same interest rate as LoanWorks, expressed as a dollar amount. This is calculated by multiplying the discount point percentage with your loan amount.
Lender Fees - Fees typically charged and controlled by the lender, including processing, doc prep, administration, underwriting, origination, and others.
True Lender Cost - This is the sum of the discount points and the lender fees. It represents the total costs specifically related to each lender.
Savings - This figure represents the dollar amount you save by obtaining your loan with LoanWorks

Rates are subject to change. While we do our best to keep these figures current, there will be times when rate changes are not reflected in the table. However, you will always get the current pricing when submitting an actual application. Please see Terms and Conditions for further information.

�2008 IndyMac Bank®, F.S.B. Registered trade/service marks are the property of IndyMac Bank, F.S.B. and/or its subsidiaries.

30 Year Fixed to $0Comparison Rate as of 10/11/2005 : 5.75%

30 Year Fixed to $0
Comparison Rate as of 10/11/2005 : 5.75%