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 4.750% 2 4.965%
    5.125% 0 5.164%
Special Program:
Loan over
$100,000 only
 
  5.500% 0/0 Closing 5.540%

20 Year 
Fixed Mortgage 
20 Year 4.625% 2 4.917%
    4.990% 0 5.043%
Special Program:
Loans Over
$100,000 only 
  5.375% 0/0 Closing 5.428%

15 Year
Fixed Mortgage 
15 Year 4.125% 2 4.493%
    4.500% 0 4.566%
Special Program:
Loans Over
$100,000 only 
  4.750% 0/0 Closing 4.811%

CONVERTIBLE RATE

Type  Term Rate Points APR
1 Year ARM *  30 Year 3.990% 1 3.425%
    4.125% 0 3.361%

     
3/1 ARM *  30 Year 4.125% 1 3.699%
    4.250% 0 3.688%

     
5/1 ARM *  30 Year 4.375% 1 3.85%
    4.500% 0 3.896%

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 4.250% 0 3.605%

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 
  $5.22
$5.45
$5.68   

20 Year, 1 Points
20 Year, 0 Points
20 Year, 0 Points, 0 Closing 
 
$6.39
$6.59
$6.81   

15 Year, 2 Points
15 Year, 0 Points
15 Year, 0 Points, 0 Closing 
 
$7.46
$7.65
$7.78   

CONVERTIBLE RATE     

1 Year ARM, 1 Point
 
  12 payments of $4.77, then payments of $4.36.
 
1 Year ARM, 0 Points 
 
  12 payments of $4.85, then payments of $4.36.   
 
3/1 ARM, 1 Point 
 
  36 payments of $4.85, then payments of $4.45.   
 
3/1 ARM, 0 Points 
 
  36 payments of $4.92, then payments of $4.46.   
 
5/1 ARM, 1 Point 
 
  60 payments of $4.99, then payments of $4.49.   
 
5/1 ARM, 0 Points    60 payments of $5.07, then payments of $4.50   

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 $4.92, then payments of $4.46.   

 

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