Home Loans

We offer a wide variety of mortgage loans to fit your needs. Fixed and variable rates are available.

 All residential mortgages require a minimum 20% downpayment. No points or prepayment penalty.

Two types of mortgages:

- First Mortgage: a variety of mortgage loans are available to fit your needs. 15 and 20 year fixed rate mortgages, as well as 30 year variable rate mortgages are offered.

- Second Mortgage: 12 and 15 years fixed and variable rates are available.

Requirements:

  • Fully completed Uniform Residential Loan Application
  • Signed Borrower's Certification and Authorization
  • Signed Borrower's Disclosure Statement and W-9 Form
  • Driver's License (or a valid government-issued identification document)
  • Social Security Card
  • Income Tax Returns (2 years for employed by others; 3 years for self-employed) with a signed 4506-T Form
  • Current pay stubs (reflecting past 30 days)
  • Copy of purchase Contract (if applicable)
  • Recent bank statements (for the past 3 months)
  • Copy of Hazard Insurance Policy (if applicable)
  • The application fee for residential mortgage is $500.00. The application fee is non-refundable.

First Mortage - Residential up to $499,999

Term Rate Comments
1 year ARM (30 year payout) 2.75% No Points
3/1 year ARM (30 year payout) 2.95% No Points
5/1 year ARM (30 year payout) 3.50% No Points
7/1 year ARM (30 year payout) 3.75% No Points
10/1 year ARM (30 year payout) 4.25% No Points
15/1 year ARM (30 year payout) 4.40% No Points
10 year fixed 3.85% No Points
15 year fixed 3.95% No Points
20 year fixed 4.25% No Points
30 year fixed 4.65% No Points

First Mortage - Residential $500,000 and over: add 0.25 basis points to the rate.

First Mortage - Vacation Home/Second Residence: add 0.50 basis points to the rate.

 

Rates are subject to change without prior notice.

To find out more about Home Loans please call our toll free number (866) 859-5848 or Contact Us. Or Call your local branch.