Be sure to try our mortgage rate calculators at the bottom of the page.
Mortgage Rates
...as of Thursday, August 7, 2008, 8:32 p.m.
First Time Home Buyers please click here for further information
Fixed Rate Mortgages
| 1. |
Term |
1-10 years |
| |
Interest Rate-----5.7500% |
*A.P.R.-----5.9693% |
| |
Loan To Value |
up to 80% (up to 95% for a First Time Home Buyer) |
| |
Origination Fee |
1 Percent |
|
| 2. |
Term |
11-15 years |
| |
Interest Rate-----6.0000% |
*A.P.R.-----6.1565% |
| |
Loan To Value |
up to 80% (up to 95% for a First Time Home Buyer) |
| |
Origination Fee |
1 Percent |
| |
Repayment Clause |
Payment may increase by 3% annually |
|
| 3. |
Term |
16-30 years |
| |
Interest Rate-----6.5000% |
*A.P.R.-----6.5968% |
| |
Loan To Value |
up to 80% (up to 95% for a First Time Home Buyer) |
| |
Origination Fee |
1 Percent |
| |
Repayment Clause |
Payment may increase by 3% annually |
|
*The above fixed rate packages are available at a 0.50% higher rate without the orgination fee.
**1 Year Adjustable Rate Mortgage
Discounted by 1.0% until the first scheduled adjustment period
| 1. |
Term |
up to 30 years |
| |
Interest Rate-----4.0000% |
*A.P.R.-----4.9327% |
| |
Loan To Value |
up to 80% (up to 95% for a First Time Home Buyer) |
| |
Origination Fee |
NONE |
| |
Index |
One Year Treasury Securities Average Weekly Yield plus 2.50% rounded to nearest 1/4% |
| |
Ceiling |
2% per change - 6% total |
| |
Floor |
3.50% |
| |
Adjustment Period |
One year |
**3 Year Adjustable Rate Mortgage
| 1. |
Term |
up to 30 years |
| |
Interest Rate-----5.0000% |
*A.P.R.-----5.0001% |
| |
Loan To Value |
up to 80% (up to 95% for a First Time Home Buyer) |
| |
Origination Fee |
NONE |
| |
Index |
One Year Treasury Securities Average Weekly Yield plus 2.50% rounded to nearest 1/4% |
| |
Ceiling |
2% per change - 5% total |
| |
Floor |
4.50% |
| |
Adjustment Period |
Three years |
Monthly Flex Home Equity Line of Credit
| Interest Rate-----4.7500% |
A.P.R.-----4.7500% |
| Fee |
$300.00 |
Index |
Prime Rate less 0.25% |
| Terms |
None |
| Loan To Value |
First Mortgage with ACBLA up to 80%; First Mortgage elsewhere up to 50% |
| Adjustment Period |
Monthly |
Five Year Secure Home Equity Line of Credit
To learn more on this product click here.
| Interest Rate-----5.2500% |
A.P.R.-----5.2500% |
| Fee |
$300.00 |
Index |
Prime Rate plus 0.25% |
| Terms |
None |
| Loan To Value |
First Mortgage with ACBLA up to 80%; First Mortgage elsewhere up to 50% |
| Adjustment Period |
5 Years |
*The Annual Percentage Rates (APR) displayed assume a loan amount of $50,000, 20% down payment, 30 days prepaid interest and a credit score of 660 or better. Applicants with lower credit scores are subject to different rate packages.
**Refinancing of Adjustable Rate Mortgages Might Be Subject To A 1% Origination Fee
A $165.00 Fee To Cover Credit Investigation And Appraisal Will Be Collected At The Time Of Application.
Non-Owner Occupied Residential Mortgages Will Be Available In All The Above Plans At A 1% Higher Rate.
All Rates And Terms Are Subject To Change Without Notice, So Periodically Check This Rate Sheet Or Call For Latest Quotes.
Calculators
Calculate the monthly payment of a mortgage:
Mortgage Amortization Chart
