Real Estate Loan Rates

First Mortgages

Effective 06/17/2022

TermsRatesAPR*
1 Year - 5 Years4.250%4.306%
5+ Years - 10 Years4.500%4.531%
10+ Years - 15 Years5.000%5.024%
20 Years5.625%5.646%
30 Years5.875%5.892%

Second Mortgages

Effective 04/01/2022

TermsRatesAPR*
1 Year - 5 Years
(80% Loan-to-Value)
5.250%5.258%
5+ Years - 10 years
(80% Loan-to-Value)
5.375%5.379%
10+ Years - 15 Years
(80% Loan-to-Value)
5.500%5.503%
---
1 Year - 5 Years
(85% Loan-to-Value)
6.500%6.508%
5+ Years - 10 years
(85% Loan-to-Value)
6.625%6.629%
10+ Years - 15 Years
(85% Loan-to-Value)
6.750%6.753%

 

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 08/01/2022

TermRateAnnual Percentage RateMonthly Payment
RevolvingPrime minus 0.25%5.25%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 5.50% APR* as of 07/27/2022. 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%.