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Fixed Rate MortgagesApplicable for 1-4 Family Owner Occupied Home Purchase, Construction, or Home Equity.
Other Specific 利率 and 条款 are Available Upon Request. *Interest rate and Annual Percentage Rate (APR) are subject to change without notice and may vary based on the credit worthiness of the borrower, loan to value ratio, loan amount and loan purpose. The APR displayed assumes a home mortgage of $100,000.00 with a loan to value ratio (LTV) of 90%, and 30 days prepaid interest. Prepaid finance charges, which are used in the calculation of the APR, are estimated (these include Origination Fee of $500, Discount Points of $500, Title - Attorney Review of $925, and Title - Closing Fee of $200). You will incur additional closing costs. The monthly principal and interest payment on $100,000.00 for 10- year is $1085.26, 15-year is $843.86, 20-year is $730.93, and 30-year is $632.07. These payments do not include tax escrow or insurance payments. Property insurance is required. Flood Insurance may be required if applicable
Adjustable Rate MortgagesApplicable for 1-4 Family Owner Occupied Home Purchase, Construction, or Home Equity.
Other Specific 利率 and 条款 are Available Upon Request. *Interest rate and Annual Percentage Rate (APR) are subject to change and may vary based on the credit worthiness of the borrower, loan-to-value ratio, loan amount and loan purpose. The APR displayed assumes a 30 year home mortgage of $100,000 with a loan to value ratio (LTV) of 90%, and 30 days prepaid interest. An initial interest rate of 5.75% for the first 3 years and the fully indexed rate of 7.75% for the remaining 27 years. Prepaid finance charges, which are used in the calculation of the APR, are estimated (these include Origination Fee of $500, Title - Attorney Review of $925, and Title - Closing Fee of $200). You will incur additional closing costs. **Fully Indexed Rate is the estimated interest rate after the discount period based on the current index and margin explained below. The actual interest rate may be higher when the Initial Rate expires. The interest rate will adjust every 36 months. In the 4th year, the new interest rate will be based on an index (the weekly average yield for U.S. Treasury Securities adjusted to a constant maturity of one year rounded to the nearest one quarter percent), plus a margin of 2.500%. The adjustment is limited to an increase of 2 percentage points each adjustment period. The interest rate cannot decrease to less than 2.500%. For example, for every $1,000 borrowed at the initial interest rate of 5.75% there will be 36 fixed payments (Years 1-3) of $5.84. During the next 36 payments (Years 4-6), the maximum amount that the interest rate can increase is 2 percentage points above previous rate or 7.75% at a maximum payment of $7.37. During the next 36 payments (Years 7-9), the maximum amount that the interest rate can increase is 2 percentage points above previous rate or 9.75% at a maximum payment of $9.00. During the final 252 payments (Years 10-30) the maximum amount that the interest rate can increase to is 11.75% at a maximum payment of $10.71. These payments do not include tax escrow or insurance payments. Property insurance is required. Flood Insurance may be required if applicable.
Home Equity Line of Credit
Other Specific 利率 and 条款 are Available Upon Request. Interest rate and Annual Percentage Rate (APR) are subject to change without notice and may vary based on the credit worthiness of the borrower, loan to value ratio, loan amount and loan purpose. 付款s based off a $50,000 loan balance with daily interest calculated for 31 days and 1.00% of the outstanding balance. Minimum payment of $50.00 or balance, whichever is less. This is a variable rate line of credit secured by a one-to-four family, owner-occupied property only. The variable annual percentage rate (APR) is based on the Wall Street Journal Prime Rate plus/minus a margin. Maximum APR is 18.00%. 最小年利率是3.25%. Property Insurance is required. Flood Insurance may be required if applicable. Non-owner occupied residential mortgages will be available in all the above plans at a 1% higher rate, along with an 80% loan to value. |