Mortgage
Rates | Automobile Loan Rates | Savings
Rates
Home Equity/Improvement Rates
Mortgage Rates
Effective: July 23, 2008
| Balloon Mortgages | |||||
|
Rate |
APR |
Points |
Loan-to-Value |
Term |
Payment Example |
|
5.875% |
6.045% |
0 |
90% |
3 Years |
$591.54 |
|
5.875% |
5.984% |
0 |
90% |
5 Years |
$591.54 |
|
5.875% |
5.959% |
0 |
90% |
7 Years |
$591.54 |
|
5.875% |
5.940% |
0 |
90% |
10 Years |
$591.54 |
|
6.375% |
6.391% |
0 |
80% |
10 Year Jumbo |
$2,601.54 |
| All Balloon Loans use a 30-year amortization. Balloon financing can be used for condominiums and townhomes. Maximum loan $417,000, except 10 Year Jumbo Loans.* | |||||
| Fixed Term Mortgages | |||||
|
Rate |
APR |
Points |
Loan-to-Value |
Term |
Payment Example |
|
6.000% |
6.101% |
0 |
90% |
10 Years |
$1,110.21 |
|
6.000% |
6.072% |
0 |
90% |
15 Years |
$843.86 |
|
6.375% |
6.433% |
0 |
90% |
20 Years |
$738.23 |
|
6.375% |
6.424% |
0 |
90% |
25 Years |
$667.42 |
|
6.375% |
6.419% |
0 |
90% |
30 Years |
$623.87 |
| Fixed term mortgages can be used for condominiums and townhomes. Maximum loan $417,000. | |||||
| *Jumbo Single Family Mortgages (Loans $417,000+) | |||||
|
Rate |
APR |
Points |
Loan-to-Value |
Term |
Payment Example |
|
6.500% |
6.517% |
0 |
80% |
15 Years |
$3,632.53 |
|
6.625% |
6.636% |
0 |
80% |
30 Years |
$2,670.10 |
| Appraisal fee may exceed $300.00 due to square footage of the property | |||||
| 2 Units | |||||
|
Rate |
APR |
Points |
Loan-to-Value |
Term |
Payment Example |
|
6.125% |
6.197% |
0 |
90% |
15 Years |
$850.62 |
|
6.500% |
6.550% |
0 |
90% |
25 Years |
$675.21 |
| Maximum loan amount $533,850. | |||||
| 3 Units | |||||
|
Rate |
APR |
Points |
Loan-to-Value |
Term |
Payment Example |
|
6.125% |
6.197% |
0 |
80% |
15 Years |
$850.62 |
| Maximum loan amount $645,300, Maximum loan amount, 4 flats $801,950. | |||||
| 4 Units | |||||
|
Rate |
APR |
Points |
Loan-to-Value |
Term |
Payment Example |
|
6.500% |
6.550% |
0 |
80% |
25 Years |
$675.21 |
| Maximum loan amount $801,950.00 | |||||
| 5 to 6 Units | |||||
|
Rate |
APR |
Points |
Loan-to-Value |
Term |
Payment Example |
|
6.250% |
6.322% |
0 |
80% |
15 Years |
$857.42 |
|
6.625% |
6.683% |
0 |
80% |
20 Years |
$752.95 |
| Maximum loan amount $825,000. | |||||
| 7 to 12 Units | |||||
|
Rate |
APR |
Points |
Loan-to-value |
Term |
Payment Example |
|
6.625% |
6.698% |
0 |
80% |
15 Years |
$877.99 |
|
6.625% |
6.683% |
0 |
80% |
20 Years |
$752.95 |
| Maximum loan amount $875,000. | |||||
| Contact us for Balloon Rates for multi-family properties. | |||||
| All payment example and APR's are based on $100,000 ($417,000 for jumbo loans) loan amounts, with 20% down payment. Property insurance required. Flood insurance may be required. | |||||
| Purchases with a loan-to-value ratio greater than 80% require PMI Insurance. | |||||
| Rates are subject to change | |||||
| On-line rates are for information only. While we make every effort to keep them current and accurate, mistakes or typos cannot be honored. | |||||
| The above rates are for loans within the banks market area. Please call for additional information. |
