Real Estate Loan Rates

 

First Mortgages

Effective 1/16/2024

TermsRatesAPR*
1 Year - 5 Years6.125%6.203%
5+ Years - 10 Years6.125%6.167%
10+ Years - 15 Years6.250%6.280%
20 Years6.250%6.274%
30 Years6.500%6.519%

 

*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 1/16/2024

TermsRatesAPR*
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)
6.750%6.753%
---
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)
7.250%7.253%

 

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

TermRateAnnual Percentage RateMonthly Payment
RevolvingPrime 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%.