Real Estate Loan Rates
First Mortgages
Effective 3/06/2023
| Terms | Rates | APR* |
|---|---|---|
| 1 Year - 5 Years | 6.000% | 6.077% |
| 5+ Years - 10 Years | 6.000% | 6.041% |
| 10+ Years - 15 Years | 6.000% | 6.029% |
| 20 Years | 6.175% | 6.199% |
| 30 Years | 6.375% | 6.395% |
*Disclosure: Subject to Private Mortgage Insurance Eligibility for qualified borrowers. Other rules may apply. Mobile Homes excluded. Must be for primary residence.
Second Mortgages
Effective 3/06/2023
| Terms | Rates | APR* |
|---|---|---|
| 1 Year - 5 Years (80% Loan-to-Value) | 6.500% | 6.508% |
| 5+ Years - 10 years (80% Loan-to-Value) | 6.500% | 6.504% |
| 10+ Years - 15 Years (80% Loan-to-Value) | 6.500% | 6.503% |
| - | - | - |
| 1 Year - 5 Years (85% Loan-to-Value) | 7.000% | 7.008% |
| 5+ Years - 10 years (85% Loan-to-Value) | 7.000% | 7.004% |
| 10+ Years - 15 Years (85% Loan-to-Value) | 7.000% | 7.008% |
Rates are subject to change at any time. Rates will be updated on website weekly. Check back often.
* Annual Percentage Rate.
APR based on loan amount of $100,000;0 points; 10 days prepaid interest
Home Equity Lines of Credit
Effective 03/06/2023
| Term | Rate | Annual Percentage Rate | Monthly Payment |
|---|---|---|---|
| Revolving | Prime minus 0.25% | 7.750% | 1.50% of the outstanding balance, or $100.00, whichever is greater. |
Our Home Equity Line of Credit is a variable rate of Prime Minus .25% for the life of the loan. The rate is adjusted monthly based on Prime as shown in the Wall Street Journal. The prime rate is 7.75% APR* as of 03/06/2023. Hazard Insurance is required. Flood insurance is required where necessary. No minimum initial advance is required. We will lend up to 85% of the appraised value of your home, minus first mortgage. $5,000 minimum for line of credit. Maximum Annual Percentage Rate is 18.00%.