|
Fixed Rate Mortgages
(Effective: Wednesday, March 10, 2010)
|
Program
|
Downpayment
| Term
| Interest Rate
| Points
| APR
| Monthly Payments
per $1000 borrowed
|
10-Year Fixed
| ($150,000 up to $750,000) |
|
20%
| 10 years
| 4.490%
| 0 | 4.549%
| $10.36
|
|
15-Year Fixed
|
20%
| 15 years
| 5.000%
| 0 | 5.052%
| $7.91
| |
|
15-Year Fixed
|
20%
| 15 years
| 5.750%
| 0 | 5.808%
| $8.30
| |
|
30-Year Fixed - CALL US TO DISCUSS OUR GREAT RATES 617-964-0117
|
20%
| 30 years
|
| 0 |
|
| |
|
30-Year Fixed
|
20%
| 30 years
| 6.750%
| 0 | 6.790%
| $6.49
|
Home Equity Lines of Credit*
(Effective: Wednesday, March 10, 2010)
|
Program
|
Term
| Interest Rate
| APR
| Monthly Payments
per $1000 borrowed
| Maximum
LTV
|
Home Equity Line (Above $500K)
|
120-240 months
| 4.250%
| 4.250%
| $3.60
| 80%
| |
|
Home Equity Line ($500K and Below)*
|
120-240 months
| 3.250%
| 3.250%
| $2.36
| 80%
|
|
*Annual Percentage Rate (APR) subject to change without notice. 10 year draw/10 year repayment. Please see Important Terms Disclosure. Property insurance is required. Please consult your Tax Advisor for information regarding deductions on this product. Borrowers are required to pay all closing costs. Now offering a "Convertible Feature". Home Equity Line of Credit is based on the Prime Rate as published in The Wall Street Journal and will never exceed 18%. The minimum payment is $100.00. Rates are subject to change at any time.
|
Home Financing Rates*
(Effective: Wednesday, March 10, 2010)
|
Program
|
Downpayment
| Term
| Interest Rate
| Points
| APR
| Monthly Payments
per $1000 borrowed
|
First Time Home Buyer 7/1ARM
|
20%
| 420 months
| 5.000%
| 0 | 4.105%
|
| 1 | to | 84 months |
$5.05
|
| 85 | to | 419 months |
$4.14
|
| | 420 months |
$4.12
|
|
|
|
5/1 ARM
|
20%
| 360 months
| 5.000%
| 0 | 3.989%
|
| 1 | to | 60 months |
$5.37
|
| 61 | to | 359 months |
$4.48
|
| | 360 months |
$4.45
|
|
|
|
CONSTRUCTION PERMANENT MORTGAGES
| (Call us at 617-964-0117 for rates on Construction Permanent Mortgage. (Interest only during construction at 1.00% over the posted rate).) |
|
|
|
| |
|
| |
|
Investment Jumbo 1-4 Family -Fixed
|
25%
| 240 months
| 7.500%
| 1 | 7.692%
| $8.06
| |
|
Investment 1-4 Family Fixed
|
25%
| 240 months
| 7.250%
| 1 | 7.439%
| $7.90
| |
|
5/1 Investment ARM
|
25%
| 360 months
| 6.750%
| 1 | 4.855%
|
| 1 | to | 60 months |
$6.49
|
| 61 | to | 359 months |
$5.35
|
| | 360 months |
$4.60
|
|
|
*Annual Percentage Rate (APR) and interest rate subject to change without notice. Rates may increase after consummation. Property Insurance required. Construction/Permanent financing available with 1.00 Point. For Second homes add .50 to the posted rate.
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You Have a Friend in the Village!
For more information on our services, please complete our information request form, or call our Customer Care Center at (617) 969-4300.
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