5/1 LIBOR ARM^{1}

0 point Standard Product Offering: This adjustable rate mortgage (ARM) offers principal and interest payments based on a 30-year amortization with a fixed rate of interest for the first 5 years, and may adjust annually thereafter for the remaining 25 years using a fully indexed rate (index plus margin) rounded to the nearest 0.125%. For example, during the first 5 years the initial payment on a 30-year $750000.00 loan is $3253.77 at 3.225%, with 60% loan-to-value, 0 points due at closing and 3.906% Annual Percentage Rate (APR). After the initial 5 years, the fully indexed rate will adjust annually, in which case your payment may increase. Based on a recently published index, the initial fully indexed rate rounded to the nearest 0.125% would be 4.375% with principal and interest payments of $3626.96. Disclosed payments do not include taxes and insurance premiums, so the actual payment amount may be greater. Rates shown do not include Investor Advantage Pricing discounts.

5/1 LIBOR ARM (Interest Only)^{1}

5 YEAR LIBOR ARM (Interest Only) 0 points: This adjustable rate mortgage (ARM) offers interest only payments for 10 years and principal and interest payments thereafter based on a 20-year amortization. The rate of interest is fixed the first 5 years and may adjust annually thereafter for the remaining 5 years using a fully indexed rate (index plus margin) rounded to the nearest 0.125%. For example, during the first 5 years the initial interest only payment is $2171.88 on a $750000.00 ARM with a fixed rate of interest of 3.475%, 60% loan-to-value (LTV), 0 points due at closing and 4.019% Annual Percentage Rate (APR). After 5 years, the interest rate is no longer fixed and may adjust annually, in which case your payment may increase. Based on a recently published index, the fully indexed rate rounded to the nearest 0.125% would be 4.375% with interest only payments of $2656.25. After 10 years, the fully indexed rate may adjust annually and the payment will switch from interest only to a principal and interest payment of $4,644.26 for the remaining 20 years, based on the then current index and margin. Disclosed payments do not include taxes and insurance premiums, so the actual payment amount will be greater. Rates shown do not include Investor Advantage Pricing discounts.

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7/1 LIBOR ARM^{1}

0 point Standard Product Offering: This adjustable rate mortgage (ARM) offers principal and interest payments based on a 30-year amortization with a fixed rate of interest for the first 7 years, and may adjust annually thereafter for the remaining 23 years using a fully indexed rate (index plus margin) rounded to the nearest 0.125%. For example, during the first 7 years the initial payment on a 30-year $750000.00 loan is $3315.73 at 3.375%, with 60% loan-to-value, 0 points due at closing and 3.859% Annual Percentage Rate (APR). After the initial 7 years, the fully indexed rate will adjust annually, in which case your payment may increase. Based on a recently published index, the initial fully indexed rate rounded to the nearest 0.125% would be 4.375% with principal and interest payments of $3614.29. Disclosed payments do not include taxes and insurance premiums, so the actual payment amount may be greater. Rates shown do not include Investor Advantage Pricing discounts.

7/1 LIBOR ARM (Interest Only)^{1}

7 YEAR LIBOR ARM (Interest Only) 0 points: This adjustable rate mortgage (ARM) offers interest only payments for 10 years and principal and interest payments thereafter based on a 20-year amortization. The rate of interest is fixed the first 7 years and may adjust annually thereafter for the remaining 7 years using a fully indexed rate (index plus margin) rounded to the nearest 0.125%. For example, during the first 7 years the initial interest only payment is $2265.63 on a $750000.00 ARM with a fixed rate of interest of 3.625%, 60% loan-to-value (LTV), 0 points due at closing and 3.998% Annual Percentage Rate (APR). After 7 years, the interest rate is no longer fixed and may adjust annually, in which case your payment may increase. Based on a recently published index, the fully indexed rate rounded to the nearest 0.125% would be 4.375% with interest only payments of $2656.25. After 10 years, the fully indexed rate may adjust annually and the payment will switch from interest only to a principal and interest payment of $4,644.26 for the remaining 20 years, based on the then current index and margin. Disclosed payments do not include taxes and insurance premiums, so the actual payment amount will be greater. Rates shown do not include Investor Advantage Pricing discounts.

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10/1 LIBOR ARM^{1}

0 point Standard Product Offering: This adjustable rate mortgage (ARM) offers principal and interest payments based on a 30-year amortization with a fixed rate of interest for the first 10 years, and may adjust annually thereafter for the remaining 20 years using a fully indexed rate (index plus margin) rounded to the nearest 0.125%. For example, during the first 10 years the initial payment on a 30-year $750000.00 loan is $3430.95 at 3.650%, with 60% loan-to-value, 0 points due at closing and 3.901% Annual Percentage Rate (APR). After the initial 10 years, the fully indexed rate will adjust annually, in which case your payment may increase. Based on a recently published index, the initial fully indexed rate rounded to the nearest 0.125% would be 4.375% with principal and interest payments of $3615.07. Disclosed payments do not include taxes and insurance premiums, so the actual payment amount may be greater. Rates shown do not include Investor Advantage Pricing discounts.

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15-Year Fixed^{1}

15-Year Fixed-Rate Mortgage: The payment on a $750000.00 15-year Fixed-Rate Loan at 3.750% and 60% loan-to-value (LTV) is $5454.17 with 0 points due at closing. The Annual Percentage Rate (APR) is 3.787%. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply. Rates shown do not include Investor Advantage Pricing discounts.

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1. For Jumbo loans, the APR and Monthly Payment calculation is based on a loan amount of $750,000.

In order to participate, the borrower must agree that the lender, Quicken Loans, may share their information with Charles Schwab Bank.

Charles Schwab Bank and Charles Schwab & Co., Inc., are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. Investment products are offered by Charles Schwab & Co., Inc. (member SIPC). Charles Schwab & Co., Inc., does not solicit, offer, endorse, negotiate, or originate any mortgage loan products and is neither a licensed mortgage broker nor a licensed mortgage lender. Home lending is offered and provided by Quicken Loans Inc., Equal Housing Lender. Quicken Loans Inc. is not affiliated with The Charles Schwab Corporation, Charles Schwab & Co., Inc., or Charles Schwab Bank. Deposit and other lending products are offered by Charles Schwab Bank, Member FDIC and an Equal Housing Lender.

Current Rates: Due to market fluctuations, interest rates are subject to change at any time and without notice and are subject to credit and property approval based on underwriting guidelines. The rates and APRs shown are based on a purchase or rate and term refinance of an owner occupied, single family residence, with 60% Loan-to-Value (LTV),for our best-qualified customers. Your individual rate may vary.

Only one discount eligible per loan. Discounts available for all Adjustable-Rate Mortgage (ARM) loan sizes, and the Jumbo 15-year Fixed-Rate loan. Discount for ARMs applies to initial fixed-rate period only. Qualifying balance based on Schwab and Schwab Bank combined non-retirement account balances. Qualifying balance must be verified 10 days prior to your anticipated closing for an on-time close. If you deposit your qualifying assets with less than 10 days remaining before closing, your closing date may be delayed and your eligibility to receive the promotional rate may be affected.

This offer is subject to change or withdrawal at any time and without notice. Nothing herein is or should be interpreted as an obligation to lend. Loans are subject to credit and property approval. Other conditions and restrictions may apply. Hazard insurance may be required. Program terms and conditions are subject to change.

Interest Rates, APRs and Monthly Payment calculations are based on the following loan amounts and Loan-to-Value (LTV):

Conforming: $250,000, 60% LTV

Jumbo: $750,000, 60% LTV

Rates may be higher or lower for different loan amounts.

Rates, terms, conditions and availability are subject to change or withdrawal at any time and without notice.

0 point Standard Product Offering: This adjustable rate mortgage (ARM) offers principal and interest payments based on a 30-year amortization with a fixed rate of interest for the first 5 years, and may adjust annually thereafter for the remaining 25 years using a fully indexed rate (index plus margin) rounded to the nearest 0.125%. For example, during the first 5 years the initial payment on a 30-year $750000.00 loan is $3253.77 at 3.225%, with 60% loan-to-value, 0 points due at closing and 3.906% Annual Percentage Rate (APR). After the initial 5 years, the fully indexed rate will adjust annually, in which case your payment may increase. Based on a recently published index, the initial fully indexed rate rounded to the nearest 0.125% would be 4.375% with principal and interest payments of $3626.96. Disclosed payments do not include taxes and insurance premiums, so the actual payment amount may be greater. Rates shown do not include Investor Advantage Pricing discounts.

5/1 LIBOR ARM (Interest Only)

5 YEAR LIBOR ARM (Interest Only) 0 points: This adjustable rate mortgage (ARM) offers interest only payments for 10 years and principal and interest payments thereafter based on a 20-year amortization. The rate of interest is fixed the first 5 years and may adjust annually thereafter for the remaining 5 years using a fully indexed rate (index plus margin) rounded to the nearest 0.125%. For example, during the first 5 years the initial interest only payment is $2171.88 on a $750000.00 ARM with a fixed rate of interest of 3.475%, 60% loan-to-value (LTV), 0 points due at closing and 4.019% Annual Percentage Rate (APR). After 5 years, the interest rate is no longer fixed and may adjust annually, in which case your payment may increase. Based on a recently published index, the fully indexed rate rounded to the nearest 0.125% would be 4.375% with interest only payments of $2656.25. After 10 years, the fully indexed rate may adjust annually and the payment will switch from interest only to a principal and interest payment of $4,644.26 for the remaining 20 years, based on the then current index and margin. Disclosed payments do not include taxes and insurance premiums, so the actual payment amount will be greater. Rates shown do not include Investor Advantage Pricing discounts.

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7/1 LIBOR ARM

0 point Standard Product Offering: This adjustable rate mortgage (ARM) offers principal and interest payments based on a 30-year amortization with a fixed rate of interest for the first 7 years, and may adjust annually thereafter for the remaining 23 years using a fully indexed rate (index plus margin) rounded to the nearest 0.125%. For example, during the first 7 years the initial payment on a 30-year $750000.00 loan is $3315.73 at 3.375%, with 60% loan-to-value, 0 points due at closing and 3.859% Annual Percentage Rate (APR). After the initial 7 years, the fully indexed rate will adjust annually, in which case your payment may increase. Based on a recently published index, the initial fully indexed rate rounded to the nearest 0.125% would be 4.375% with principal and interest payments of $3614.29. Disclosed payments do not include taxes and insurance premiums, so the actual payment amount may be greater. Rates shown do not include Investor Advantage Pricing discounts.

7/1 LIBOR ARM (Interest Only)

7 YEAR LIBOR ARM (Interest Only) 0 points: This adjustable rate mortgage (ARM) offers interest only payments for 10 years and principal and interest payments thereafter based on a 20-year amortization. The rate of interest is fixed the first 7 years and may adjust annually thereafter for the remaining 7 years using a fully indexed rate (index plus margin) rounded to the nearest 0.125%. For example, during the first 7 years the initial interest only payment is $2265.63 on a $750000.00 ARM with a fixed rate of interest of 3.625%, 60% loan-to-value (LTV), 0 points due at closing and 3.998% Annual Percentage Rate (APR). After 7 years, the interest rate is no longer fixed and may adjust annually, in which case your payment may increase. Based on a recently published index, the fully indexed rate rounded to the nearest 0.125% would be 4.375% with interest only payments of $2656.25. After 10 years, the fully indexed rate may adjust annually and the payment will switch from interest only to a principal and interest payment of $4,644.26 for the remaining 20 years, based on the then current index and margin. Disclosed payments do not include taxes and insurance premiums, so the actual payment amount will be greater. Rates shown do not include Investor Advantage Pricing discounts.

Return to Top

10/1 LIBOR ARM

0 point Standard Product Offering: This adjustable rate mortgage (ARM) offers principal and interest payments based on a 30-year amortization with a fixed rate of interest for the first 10 years, and may adjust annually thereafter for the remaining 20 years using a fully indexed rate (index plus margin) rounded to the nearest 0.125%. For example, during the first 10 years the initial payment on a 30-year $750000.00 loan is $3430.95 at 3.650%, with 60% loan-to-value, 0 points due at closing and 3.901% Annual Percentage Rate (APR). After the initial 10 years, the fully indexed rate will adjust annually, in which case your payment may increase. Based on a recently published index, the initial fully indexed rate rounded to the nearest 0.125% would be 4.375% with principal and interest payments of $3615.07. Disclosed payments do not include taxes and insurance premiums, so the actual payment amount may be greater. Rates shown do not include Investor Advantage Pricing discounts.

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15-Year Fixed

15-Year Fixed-Rate Mortgage: The payment on a $750000.00 15-year Fixed-Rate Loan at 3.750% and 60% loan-to-value (LTV) is $5454.17 with 0 points due at closing. The Annual Percentage Rate (APR) is 3.787%. Payment does not include taxes and insurance premiums. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply. Rates shown do not include Investor Advantage Pricing discounts.

Return to Top

1. For Jumbo loans, the APR and Monthly Payment calculation is based on a loan amount of $750,000.

In order to participate, the borrower must agree that the lender, Quicken Loans, may share their information with Charles Schwab Bank.

Charles Schwab Bank and Charles Schwab & Co., Inc., are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. Investment products are offered by Charles Schwab & Co., Inc. (member SIPC). Charles Schwab & Co., Inc., does not solicit, offer, endorse, negotiate, or originate any mortgage loan products and is neither a licensed mortgage broker nor a licensed mortgage lender. Home lending is offered and provided by Quicken Loans Inc., Equal Housing Lender. Quicken Loans Inc. is not affiliated with The Charles Schwab Corporation, Charles Schwab & Co., Inc., or Charles Schwab Bank. Deposit and other lending products are offered by Charles Schwab Bank, Member FDIC and an Equal Housing Lender.

Current Rates: Due to market fluctuations, interest rates are subject to change at any time and without notice and are subject to credit and property approval based on underwriting guidelines. The rates and APRs shown are based on a purchase or rate and term refinance of an owner occupied, single family residence, with 60% Loan-to-Value (LTV),for our best-qualified customers. Your individual rate may vary.

Only one discount eligible per loan. Discounts available for all Adjustable-Rate Mortgage (ARM) loan sizes, and the Jumbo 15-year Fixed-Rate loan. Discount for ARMs applies to initial fixed-rate period only. Qualifying balance based on Schwab and Schwab Bank combined non-retirement account balances. Qualifying balance must be verified 10 days prior to your anticipated closing for an on-time close. If you deposit your qualifying assets with less than 10 days remaining before closing, your closing date may be delayed and your eligibility to receive the promotional rate may be affected.

This offer is subject to change or withdrawal at any time and without notice. Nothing herein is or should be interpreted as an obligation to lend. Loans are subject to credit and property approval. Other conditions and restrictions may apply. Hazard insurance may be required. Program terms and conditions are subject to change.

Interest Rates, APRs and Monthly Payment calculations are based on the following loan amounts and Loan-to-Value (LTV):

Conforming: $250,000, 60% LTV

Jumbo: $750,000, 60% LTV

Rates may be higher or lower for different loan amounts.

Rates, terms, conditions and availability are subject to change or withdrawal at any time and without notice.

© 2017 Charles Schwab & Co., Inc. All rights reserved. Member SIPC.