Personal Finance (Not Investing) • Relationship mortgage discounts for moving a million assets

I am buying a 2nd home and just got this quote from US Bank Private Wealth for a $3mm loan (69% LTV given $4.34mm purchase price).

10/1 ARM
5.25%, zero points ($500K new money)
5.125%, zero points ($1M new money)
5.0%, zero points ($2M new money)

7/1 ARM
5.125%, zero points ($500K new money)
5.0%, zero points ($1M new money)
4.875%, zero points ($2M new money)

5/1 ARM
5.0%, zero points ($500K new money)
4.875%, zero points ($1M new money)
4.75%, zero points ($2M new money)

Interest Only Available for 0.125% adder (will definitely do IO).

Anyone go through this process recently? Anyone else to consider? Schwab /Rocket seems to be about 0.25% higher assuming $500k asset balance.

Statistics: Posted by grkmec — Sat Dec 20, 2025 6:00 am — Replies 1182 — Views 267215

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