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Bank of Manhattan is an equal opportunity employer; for conndential consideration for employment please send your resume to csalceda@bankofmanhattan.com
Cannot combine with any other specials. Payment examples do not include taxes and insurance premiums; actual payment amount will be greater. Example #1 assumes a 30% down payment on a 30-year
PURCHASE loan of $1,500,000; 5-year Adjustable-Rate at 2.250% (rate) and 70% loan-to-value (LTV), 38% DTI, with a 760 FICO score; first initial payment is $5,733 with no points due at closing, the Annual
Percentage rate (APR) is 2.763%. after the initial 5 years, the principal and interest payment is $7,122. The fully indexed rate of 3.000% is in effect for the remaining 25 years and can change once every year for
the remaining life of the loan. Rate is variable and subject to change after 5 years. Example #2 assumes a 30% down payment on a 30-year PURCHASE loan of $1,500,000; 10-year Adjustable-Rate at 2.875%
(rate) and 70% loan-to-value (LTV), 38%DTI, with a 760 FICO score; first initial payment is $6,223 with no points due at closing, the Annual Percentage rate (APR) is 2.959%. after the initial 10, years, the principal
and interest payment is $6,223. The fully indexed rate of 3.500% is in effect for the remaining 20 years and can change once every year for the remaining life of the loan. Rate is variable and subject to change
after 10 years. Rates and Annual Percentage Rates (APR) stated above are as of 5/13/13. Terms may vary, conditions and restrictions apply. Actual rate for the loan is determined at the time of rate lock based
upon program and terms requested. Rates and terms are subject to change without notice. NMLS #40122 ©2013 Bank of Manhattan, N.A.
10/1 ARM, NO POINTS
2.875% (2.959% APR)
$1,500,000
2
New Payments:
1-120: $6,223
121-360: $6,223
2.875%
5/1 ARM, NO POINTS
2.250% (2.763% APR)
$1,500,000
1
New Payments:
1-60: $5,733
61-360: $7,122
2.250%
ADAM BLACK
VP, Senior Loan Officer
805.452.8393
ablack@bankofmanhattan.com
BROMI KROCK
Senior Loan Officer
805.308.8887
bkrock@bankofmanhattan.com