MORTGAGE RATES
Annual Percentage Rate is accurate as of
Regular Lending Program
Fixed Rate Mortgages up to $500,000; Call for Rates for Loans Greater than $500,000
| Term | Interest Rate | APR* | Points | Monthly P&I Per $1,000 | Fees Included in APR |
|---|---|---|---|---|---|
| 10 Years | 3.000% | 3.037% | 0.00 | $ 9.66 | $ 450.00 |
| 15 Years | 3.375% | 3.401% | 0.00 | $ 7.09 | $ 450.00 |
| 30 Years | 4.000% | 4.015% | 0.00 | $ 4.78 | $ 450.00 |
Other Point structures available – Please call for further information.
* Annual Percentage Rate. The APR stated is based on a loan amount of $250,000.
Rates and APR’s shown are for owner-occupied, 1-4 family homes, with a minimum down payment of 10% for purchases and a maximum loan-to-value ratio of 90% for refinances. The Monthly P&I Per $1,000 stated above does not include amounts for real estate taxes and insurance premiums, therefore, the actual monthly payment will be higher. All rates are subject to change without notice. All loan products are subject to credit approval.
Specialized Lending Program for First Time Home Buyers
Fixed Rate Mortgages – Maximum Purchase Price $500,000; Maximum Loan Amount $450,000
| Term | Interest Rate | APR* | Points | Monthly P&I Per $1,000 | Fees Included in APR |
|---|---|---|---|---|---|
| 30 Years | 3.750% | 3.764% | 0.00 | $ 4.64 | $ 450.00 |
* Annual Percentage Rate. The APR stated is based on a loan amount of $250,000.
Rates and APR’s shown are for owner-occupied, 1-4 family homes, with a minimum down payment of 10% for purchases and a maximum loan-to-value ratio of 90% for refinances. The Monthly P&I Per $1,000 stated above does not include amounts for real estate taxes and insurance premiums, therefore, the actual monthly payment will be higher. All rates are subject to change without notice. All loan products are subject to credit approval.
Specialized Lending Program for Low and Moderate Income Borrowers
Low Income Borrowers
| Term | Interest Rate | APR* | Points | Monthly P&I Per $1,000 | Fees Included in APR |
|---|---|---|---|---|---|
| 30 Years | 3.375% | 3.375% | 0.00 | $ 4.43 | None |
| 40 Years | 3.500% | 3.500% | 0.00 | $ 3.88 | None |
Moderate Income Borrowers
| Term | Interest Rate | APR* | Points | Monthly P&I Per $1,000 | Fees Included in APR |
|---|---|---|---|---|---|
| 30 Years | 3.625% | 3.625% | 0.00 | $ 4.57 | None |
| 40 Years | 3.750% | 3.750% | 0.00 | $ 4.04 | None |
* Annual Percentage Rate.
Rates and APR’s shown are for owner-occupied, 1-2 family homes, with a minimum down payment of 10% for purchases and a maximum loan-to-value ratio of 90% for refinances. The Monthly P&I Per $1,000 stated above does not include amounts for real estate taxes and insurance premiums, therefore, the actual monthly payment will be higher. THIS PROGRAM IS RESTRICTED TO CERTAIN MUNICIPALITIES. All rates are subject to change without notice. All loan products are subject to credit approval.
FOR MORE INFORMATION PLEASE CONTACT OUR MAIN OFFICE AT (908) 245-1885.
