Real Estate Loan Rates
First Mortgages
Effective 8/28/2023
Terms | Rates | APR* |
---|---|---|
1 Year - 5 Years | 6.125% | 6.203% |
5+ Years - 10 Years | 6.125% | 6.167% |
10+ Years - 15 Years | 6.500% | 6.531% |
20 Years | 6.875% | 6.902% |
30 Years | 7.000% | 7.021% |
*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 8/28/2023
Terms | Rates | APR* |
---|---|---|
1 Year - 5 Years (80% Loan-to-Value) | 6.625% | 6.633% |
5+ Years - 10 years (80% Loan-to-Value) | 6.625% | 6.629% |
10+ Years - 15 Years (80% Loan-to-Value) | 7.000% | 7.003% |
- | - | - |
1 Year - 5 Years (85% Loan-to-Value) | 7.125% | 7.133% |
5+ Years - 10 years (85% Loan-to-Value) | 7.125% | 7.130% |
10+ Years - 15 Years (85% Loan-to-Value) | 7.500% | 7.503% |
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 points; 10 days prepaid interest
Home Equity Lines of Credit
Effective 8/01/2023
Term | Rate | Annual Percentage Rate | Monthly Payment |
---|---|---|---|
Revolving | Prime minus 0.25% | 8.250% | 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 8.500% APR* as of 07/26/2023. 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%.