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Loan rates - Mortgages

Residential/Owner Occupied | Residential/Second Home | Consumer Credit | Home Equity Line of Credit

 

Residential - Owner Occupied
Single Family/Condominium: Effective January 31, 2012

Adjustable Rates

Program Rate Points Caps
(Per/Life)		 Index Margin APR Discount Monthly Payment Per Thousand
(Start)
                 
3 Year ARM 4.000% 0 2/6 1 Year Treasury 0.375% 3.000% 4.010% 0 $4.78
                 
5 Year ARM 4.250% 0 2/6 3 Year Treasury 0.875% 3.000% 4.251% 0 $4.92
                 
7/3 Year ARM 4.500% 0 2/6

5 Year Treasury

0.375%

3.000% 4.505% 0 $5.07
                 
10/5 Year ARM 4.750% 0 2/6 1 Year Treasury 0.875% 3.000% 4.756% 0 $5.22

Fixed Rates

Program Rate Point APR Monthly Payment Per Thousand
         
15 Year 5.000% 0 5.004% $7.91
         
20 Year 5.250% 0 5.253% $6.74
         

Closing Costs

 

Residential/Owner Occupied | Residential/Second Home | Consumer Credit | Home Equity Line of Credit

 

Residential - Second Home
Effective:  January 31, 2012

Adjustable Rates

Program
Rate
Points
Caps
Index
Margin
APR
Discount
Monthly Payment Per Thousand
                 
3 Year ARM 4.500% 0 2/6 3 Year Treasury
0.375 % 		3.000% 4.756% 0 $5.07
 
5 Year ARM 4.750% 0 2/6 5 Year Treasury 0.875% 3.000% 4.756% 0 $5.22

Fixed Rates

Program Rate Point APR Monthly Payment Per Thousand
         
15 Year 5.250% 0 5.252% $8.04
         

List of Closing Costs: (Estimated)

  • Applicant's Attorney Fee - Negotiated with Borrower's Attorney
  • Appraisal Fee - $300.00 on loans over $250,000.00
  • Recording Cost - $400.00-450.00
  • Tax Service Fee - $75.00
  • Title Insurance - $3.00 per Thousand of Mortgage
  • Application Fee (non-refundable) $275.00
  • Municipal Lien Certificate - $90.00
  • Construction Loans only - add $500.00 Inspection Fee
  • Plot Plan - $200.00

Equal Housing LenderRates are subject to change. Please call for the most current rates. Other terms, conditions and limitations may apply. APR's (Annual Percentage Rates) are based on a $100,000 mortgage with a 20% down payment. Adjustable Rate monthly payment examples and APR's are based on a 30 year term.

Index's are based on the applicable Treasury bill as published in the Wall Street Journal rounded to the nearest .125%.