Mortgage Rates

Effective  (subject to change without notice)

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FIXED RATE

Type Term Rate Points APR
30 Year
Fixed Mortgage
30 Year 4.250% 2 4.459%
    4.625% 0 4.663%
Special Program:
Loan over
$100,000 only
 
  4.990% 0/0 Closing 5.029%

20 Year 
Fixed Mortgage 
20 Year 4.125% 2 4.412%
    4.500% 0 4.552%
Special Program:
Loans Over
$100,000 only 
  4.750% 0/0 Closing 4.802%

15 Year
Fixed Mortgage 
15 Year 3.750% 2 4.115%
    3.990% 0 4.157%
Special Program:
Loans Over
$100,000 only 
  4.375% 0/0 Closing 4.441%

CONVERTIBLE RATE

Type  Term Rate Points APR
1 Year ARM *  30 Year 3.250% 1 3.482%
    3.500% 0 3.420%

     
3/1 ARM *  30 Year 3.625% 1 3.548%
    3.750% 0 3.576%

     
5/1 ARM *  30 Year 3.990% 1 3.712%
    4.125% 0 3.777%

JUMBO 7/1 ARM *                          5.99%                                      1                4.821%

CONSTRUCTION RATE     

Type  Term Rate Points APR
Construction *  9 mo. 5.125% 1 3.965%
Construction *  9 mo. 5.250% 0 3.995%

FIRST TIME HOMEBUYERS PROGRAM     

Type  Term Rate Points APR
3/1 ARM *  30 Year 3.750% 0 3.494%

Additional mortgage products are available.
For further information, email us, stop by one of our branches, or call (508) 234 - 8112.

Some restrictions may apply.  Rates are effective as of the date shown above and are subject to change without notice.

* APR subject to change over the life of the loan.  2% Review Cap, 6% Life Cap.     


± Based on 20% down payment.  Payment examples per $1,000 borrowed below:

Type    Monthly Payment Example   

FIXED RATE     

30 Year, 2 Points
30 Year, 0 Points
30 Year, 0 Points, 0 Closing 
  $4.92
$5.14
$5.36   

20 Year, 1 Points
20 Year, 0 Points
20 Year, 0 Points, 0 Closing 
 
$6.13
$6.33
$6.46  

15 Year, 2 Points
15 Year, 0 Points
15 Year, 0 Points, 0 Closing 
 
$7.27
$7.39
$7.59   

CONVERTIBLE RATE     

1 Year ARM, 1 Point
 
  12 payments of $4.35, then payments of $4.42.
 
1 Year ARM, 0 Points 
 
  12 payments of $4.49, then payments of $4.42.   
 
3/1 ARM, 1 Point 
 
  36 payments of $4.56, then payments of $4.43.   
 
3/1 ARM, 0 Points 
 
  36 payments of $4.63, then payments of $4.44.   
 
5/1 ARM, 1 Point 
 
  60 payments of $4.77, then payments of $4.47.   
 
5/1 ARM, 0 Points    60 payments of $4.85, then payments of $4.48.  

CONSTRUCTION RATE

9 Months, 1 Point 
 
  After interest only construction period, monthly principal and interest payments for 3 payments of $5.44, then payments of $4.43.
   
9 Months, 0 Points 
 
  After interest only construction period, monthly principal and interest payments for 3 payments of $5.52, then payments of $4.43.   

FIRST TIME HOMEBUYERS

3/1 ARM, 0 Points    36 payments of $4.63, then payments of $4.44.   

 

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