Mortgage Rates

As of July 28, 2017

The rates listed below are for Owner Occupied One to Four Family homes*

Not all rates are posted.  Please contact our mortgage professionals for additional information.

Fixed Rates

Fixed Rate Buydowns

Adjustable Rates

Adjustable Rate Buydowns

One-Year Libor

 


Owner Occupied Residential purchase loans secured by a one or two family property are subject to a maximum 95% loan-to-value (“LTV”)*. A loan with a 95% LTV (or as selected by borrower) will require a minimum down payment of 5% (or as selected by borrower). Any owner occupied residential purchase loan in excess of 80% loan-to-value will require Private Mortgage Insurance (“PMI”).
Owner Occupied Residential purchase loans secured by a three or four family property are subject to a maximum 80% loan-to-value. A loan with a 80% LTV (or as selected by borrower) will require a minimum down payment of 20% (or as selected by borrower).
Owner Occupied Residential refinance loans secured by one to four family properties are subject to a maximum 75% loan-to-value.
Non-Owner Occupied Residential purchase loans secured by one to four family properties are subject to a maximum 80% loan-to-value. A loan with a 80% LTV (or as selected by borrower) will require a minimum down payment of 20% (or as selected by borrower).
Non-Owner Occupied Residential refinance loans secured by one to four family properties are subject to a maximum 75% loan-to-value.
Commercial purchase loans are subject to a maximum 70% loan-to-value. A loan with a 70% LTV (or as selected by borrower) will require a minimum down payment of 30% (or as selected by borrower).
Commercial refinance loans are subject to a maximum 65% loan-to-value.
* Your loan-to-value ratio (LTV) describes what you owe on your mortgage as a percentage of the total current value of your property.
Adjustable Rate Mortgage (“ARM”):
ARM interest rates and payments are subject to increase after the initial fixed-rate period (1 year for a 1/1 ARM and 3 years for a 3/1 ARM).
The maximum Increase per adjustment on a 1/1 ARM product is 2%. Lifetime cap on the 1/1 ARM product is 4.50% above the initial interest rate. For adjustable rate mortgages, the interest rate may increase after consummation. Minimum Rate is the Initial Rate.
The maximum Increase per adjustment on a 3/1 ARM product is 2%. Lifetime cap on the 3/1 ARM product is 5.25% above the initial interest rate. For adjustable rate mortgages, the interest rate may increase after consummation. Minimum Rate is the Initial Rate.