Mortgage Rates
15 Year Fixed Rate Mortgage
Effective Date: April 2, 2020
| Rate | APR | Points | |
|---|---|---|---|
| 3.00 | 3.006 | 0 | Learn More |
| 2.875 | 3.024 | 1 | Learn More |
| 2.750 | 3.044 | 2 | Learn More |
20 Year Fixed Rate Mortgage
Effective Date: April 2, 2020
| Rate | APR | Points | |
|---|---|---|---|
| 3.375 | 3.379 | 0 | Learn More |
| 3.250 | 3.367 | 1 | Learn More |
| 3.125 | 3.355 | 2 | Learn More |
30 Year Fixed Rate Mortgage
Effective Date: April 2, 2020
| Rate | APR | Points | |
|---|---|---|---|
| 3.625 | 3.628 | 0 | Learn More |
| 3.500 | 3.584 | 1 | Learn More |
| 3.375 | 3.540 | 2 | Learn More |
30 Year Fixed First Time Home Buyer
Effective Date: April 2, 2020
| Rate | APR | Points | |
|---|---|---|---|
| 3.500 | 3.503 | 0 | Learn More |
Buyer’s Boost – Purchase – No PMI – 30 Year Fixed
Effective Date: April 2, 2020
| Rate | APR | Points | |
|---|---|---|---|
| 3.625 | 3.667 | .50 | Learn More |
Buyers Boost – Purchase – No PMI – 30 Year Fixed Rate JUMBO
Effective Date: April 2, 2020
| Rate | APR | Points | |
|---|---|---|---|
| 3.750 | 3.833 | .50 | Learn More |
15 Year Fixed Rate Jumbo Mortgage
Effective Date: April 2, 2020
| Rate | APR | Points | |
|---|---|---|---|
| 3.375 | 3.376 | 0 | Learn More |
30 Year Fixed Rate Jumbo Mortgage
Effective Date: April 2, 2020
| Rate | APR | Points | |
|---|---|---|---|
| 3.750 | 3.751 | 0 | Learn More |
3 Year Adjustable Rate Mortgage
Effective Date: April 2, 2020
| Rate | APR | Points | |
|---|---|---|---|
| 3.125 | 2.933 | 0 |
DETAILS: All ARMs – 2% increase/decrease in any adjustment period. Maximum of 6% increase over life of the mortgage. Future changes will be based on the one year treasury constant maturity plus 2.75%. The one year treasury constant maturity is .62%. Maximum Adjustable Rate Loan is $510,400.00. APR’s based on $100,000.00 mortgage, 20% down payment. Payment does not include taxes and/or insurance escrow Any item escrowed will increase the total monthly payment. Property Insurance is required. Flood Insurance may be required. Conventional Loan To Value (LTV) 80.01% – 85.00% may require Private Mortage Insurance (PMI). MAX LTV 85% SFR ONLY No Prepayment Penalty. 60 day commitment. Properties with underground fuel storage tanks are not eligible. Application Fee of $626.04 – $652.63 on Conv. Investor One Family; $601.04 – $627.63 on Multi-Family Investor Property (2-4) Application fee includes cost of Appraisal and Credit Reports. Any change of loan after Commitment issued – $400.00 fee. Certificate of Zoning Compliance required on all investment purpose properties.
5 Year Adjustable Rate Mortgage
Effective Date: April 2, 2020
| Rate | APR | Points | |
|---|---|---|---|
| 3.250 | 3.008 | 0 |
DETAILS: All ARMs – 2% increase/decrease in any adjustment period. Maximum of 6% increase over life of the mortgage. Future changes will be based on the one year treasury constant maturity plus 2.75%. The one year treasury constant maturity is .62%. Maximum Adjustable Rate Loan is $510,400.00. APR’s based on $100,000.00 mortgage, 20% down payment. Payment does not include taxes and/or insurance escrow Any item escrowed will increase the total monthly payment. Property Insurance is required. Flood Insurance may be required. Conventional Loan To Value (LTV) 80.01% – 85.00% may require Private Mortage Insurance (PMI). MAX LTV 85% SFR ONLY No Prepayment Penalty. 60 day commitment. Properties with underground fuel storage tanks are not eligible. Application Fee of $626.04 – $652.63 on Conv. Investor One Family; $601.04 – $627.63 on Multi-Family Investor Property (2-4) Application fee includes cost of Appraisal and Credit Reports. Any change of loan after Commitment issued – $400.00 fee. Certificate of Zoning Compliance required on all investment purpose properties.
30 Year 1 Year ARM Rate
Effective Date: April 2, 2020
| Rate | APR | Points | |
|---|---|---|---|
| 2.875 | 2.878 | 0 |
DETAILS: All ARMs – 2% increase/decrease in any adjustment period. Maximum of 6% increase over life of the mortgage. Future changes will be based on the one year treasury constant maturity plus 2.75%. The one year treasury constant maturity is .62%. Maximum Adjustable Rate Loan is $510,400.00. APR’s based on $100,000.00 mortgage, 20% down payment. Payment does not include taxes and/or insurance escrow Any item escrowed will increase the total monthly payment. Property Insurance is required. Flood Insurance may be required. Conventional Loan To Value (LTV) 80.01% – 85.00% may require Private Mortage Insurance (PMI). MAX LTV 85% SFR ONLY No Prepayment Penalty. 60 day commitment. Properties with underground fuel storage tanks are not eligible. Application Fee of $626.04 – $652.63 on Conv. Investor One Family; $601.04 – $627.63 on Multi-Family Investor Property (2-4) Application fee includes cost of Appraisal and Credit Reports. Any change of loan after Commitment issued – $400.00 fee. Certificate of Zoning Compliance required on all investment purpose properties.
Investor – Non-Owner Occupied – 15 Year Fixed
Effective Date: April 2, 2020
| Rate | APR | Points | |
|---|---|---|---|
| 3.50 | 3.65 | 1.00 |
DETAILS: Conventional Investor Fixed APR’s based on $100,000.00 mortgage, 20% down payment. Maximum Conventional Fixed Rate Loan is $510,400.00. Payment does not include taxes and/or insurance escrow Any item escrowed will increase the total monthly payment. Property Insurance is required. Flood Insurance may be requiredConventional Loan To Value (LTV) 80.01% – 85.00% may require Private Mortage Insurance (PMI). MAX LTV 85% SFR ONLY No Prepayment Penalty. 60 Day CommitmentProperties with underground fuel storage tanks are not eligible. Application Fee of $626.04 – $652.63 on Conv. Investor One Family; $601.04 – $627.63 on Multi-Family Investor Property (2-4) Application fee includes cost of Appraisal and Credit Reports. Any change of loan after Commitment issued – $400.00 fee. Certificate of Zoning Compliance required on all investment purpose properties. Consult a Loan Representative for details. 860-496-2152
Investor – Non-Owner Occupied – 30 Year Fixed
Effective Date: April 2, 2020
| Rate | APR | Points | |
|---|---|---|---|
| 4.125 | 4.211 | 1.00 |
DETAILS: Conventional Investor Fixed APR’s based on $100,000.00 mortgage, 20% down payment. Maximum Conventional Fixed Rate Loan is $510,400.00. Payment does not include taxes and/or insurance escrow Any item escrowed will increase the total monthly payment. Property Insurance is required. Flood Insurance may be requiredConventional Loan To Value (LTV) 80.01% – 85.00% may require Private Mortage Insurance (PMI). MAX LTV 85% SFR ONLY No Prepayment Penalty. 60 Day CommitmentProperties with underground fuel storage tanks are not eligible. Application Fee of $626.04 – $652.63 on Conv. Investor One Family; $601.04 – $627.63 on Multi-Family Investor Property (2-4) Application fee includes cost of Appraisal and Credit Reports. Any change of loan after Commitment issued – $400.00 fee. Certificate of Zoning Compliance required on all investment purpose properties. Consult a Loan Representative for details. 860-496-2152
