5/1 Mortgage Origination Program (5/1 MOP)

The 5/1 Mortgage Origination Program (5/1 MOP) is an alternative product to the Standard MOP. 5/1 MOP is a fully-amortizing first deed of trust loan that offers an initial fixed interest rate and payment for the first 5 years of the loan, after which the loan converts to a Standard MOP for the remaining loan term. The first interest rate adjustment is capped at 5%, up or down, and thereafter the annual interest rate adjustment is capped at 1%, up or down, subject to minimum and maximum interest rates. There is an overall interest rate cap of 10% over the initial interest rate, and a minimum rate of 3.25%. During the initial loan process, you will have the option to select the 5/1 MOP product.

Current 5/1 MOP Rate: 4.70 percent
Effective 09/29/2025 to 10/03/2025

NOTE:  The initial interest rate for each individual loan will be the Program rate in effect at the time of loan commitment.

The initial fixed interest rate in effect during the Fixed Rate Period of the loan is comprised of the following three (3) components:

Index:	5-year Treasury Bond Yield
Spread:	J.P. Morgan U.S. Liquid Index (JULI) value
Service Fee:	.25%

Listed below are the 5/1 MOP rates in effect for the most recent four weeks:

Effective Date	Rate
September 29, 2025 - October 3, 2025 .........................	4.70%
September 22, 2025 - September 26, 2025 ...................	4.60%
September 15, 2025 - September 19, 2025 ...................	4.55%
September 8, 2025 - September 12, 2025 .....................	4.65%