Terms and Conditions
The rates quoted are for 30
day lock-ins on single family, owner-occupied properties as of the date
displayed. The APR includes an
origination fee of 1% and a discount point of 1%. Rates, points and closing costs may vary
based on loan features, geography and/or other terms and conditions. Rates, points and closing costs are quoted by
your selected community bank and are subject to change without notice. Additional rate and point quotes are
available. Please contact your loan officer
for more information. To see examples of
monthly payment terms, view our APR Examples below.
APR Examples
Home Equity
Annual Percentage Rate
Example For A Typical Loan
The example below assumes a
typical 15 year $50,000 fixed rate equity loan on a $200,000 home with an
existing lien of $120,000. The simple interest rate for the example is 9.25%
with a 1% origination fee and 1% discount point. Monthly PMI is not required for
this loan. This is only an example. Please contact your loan officer for the
current rate available.
Annual Percentage Rate 9.599%
Monthly Principal/Interest
Payments:
179 @ $514.60
1@ $513.24
15 Year Fixed Rate
Annual Percentage Rate
Example For A Typical Loan
The example below assumes a
typical 15 year $160,000 fixed rate loan on a $200,000 home. The simple
interest rate for the example is 5.25% with a 1% origination fee and 1%
discount point. Monthly PMI is not required for this loan. This is only an
example. Please contact your loan officer for the current rate available.
Annual Percentage Rate 5.560%
Monthly Principal/Interest
Payments:
179 @ $1,286.20
1 @ $1,287.41
30 Year Fixed Rate
Annual Percentage Rate
Example For A Typical Loan
The example below assumes a
typical 30 year $160,000 fixed rate loan on a $200,000 home. The simple
interest rate for the example is 5.50% with a 1% origination fee and 1%
discount point. Monthly PMI is not required for this loan. This is only an
example. Please contact your loan officer for the current rate available.
Annual Percentage Rate 5.684%
Monthly Principal/Interest
Payments:
359 @ $908.46
1 @ $910.65
Jumbo Fixed Rate
Annual Percentage Rate
Example For A Typical Loan
The example below assumes a
typical 30 year $560,000 fixed rate loan on a $700,000 home. The simple interest
rate for the example is 6.00% with a 1% origination fee and 1% discount point.
Monthly PMI is not required for this loan. This is only an example. Please
contact your loan officer for the current rate available.
Annual Percentage Rate 6.189%
Monthly Principal/Interest
Payments:
359 @ $3,357.48
1 @ $3,360.66
Balloon Fixed Rate
Annual Percentage Rate
Example For A Typical Loan
The example below assumes a
typical 7 year fixed rate balloon loan amortized at 30 years of $160,000 on a $200,000
home. The simple interest rate for the example is 5.75% with a 1% origination
fee and 1% discount point. Monthly PMI is not required for this loan. This is
only an example. Please contact your loan officer for the current rate
available.
Annual Percentage Rate 6.119%
Monthly Principal/Interest
Payments:
83 @ $933.72
1 @ $143,707.00
5 Year ARM
Annual Percentage Rate
Example For A Typical Loan
The example below assumes a
typical 30 year $160,000 adjustable rate loan on a $200,000 home. The initial simple
interest rate for the example is 5.25% with a 1% origination fee and 1%
discount point. It is assumed that on the first adjustment period, the rate
adjusts to 6.36% and remains constant through the life of the loan. Your rate
may be higher, lower, or may adjust more often.
Monthly PMI is not required for this loan. This is only an example.
Please contact your loan officer for the current rate available.
Annual Percentage Rate 6.060%
Monthly Principal/Interest
Payments:
60 @ $883.53
299 @ $974.43
1 @ $976.41