Loan Annual Percentage Rate
Rates are effective 3/1/2022 and are subject to change.
Loan Categories |
APR* As Low As |
|---|---|
|
2.50%** |
|
|
2.75%** |
|
|
4.75%** |
|
|
5.25%** |
|
|
5.25%** |
|
|
5.75%** |
|
| 5.25%** | |
| 5.75** | |
|
4.25% for 120 months |
|
|
6.25% for 120 months |
|
|
as low as 9.90%* |
|
| 9.90%* | |
|
3.00% for 84 months |
|
|
Contact Loan Dept. for Rate |
|
|
9.50%* |
*APR - Annual Percentage Rate. Rate is based on Credit Worthiness.
**Rate applies to new purchase and refinances from other financial institutions only.
Mortgage Rates
As of June 28, 2022
RATES CHANGE WITHOUT NOTICE and are SUBJECT TO CREDIT APPROVAL
The Annual Percentage Rates (APR) posted are estimates and are intended for informational use only. Your actual APR may vary.
Conventional Loans- The rates displayed are for conforming loan programs and are based on a $250,000 Loan Amount with 20% down/equity.
Jumbo Loans- The rates displayed are for conforming loan programs and are based on a $750,000 Loan Amount with 20% down/equity.
Home Equity Loans- The rates displayed are based on a loan amount of $50,000.00.
First Time Home Buyer- Eligible in the state of FL only. The rates displayed are for conforming FTHB 1st mortgage and are based on a $350,000.00 loan amount with FTHB Second Mortgage loan based on $87,500.00.
LOAN CATEGORY |
RATE/APR* |
|---|---|
RATES QUOTED WITHOUT POINTS |
|
CONVENTIONAL MORTGAGE |
|
| 4.250% / 4.316%** | |
| 3.875% / 3.964%** | |
| 3.750% / 3.864%** | |
JUMBO MORTGAGE |
|
| 4.125% / 4.147%*** | |
| 3.750% / 3.779%*** | |
| 3.625% / 3.663%*** | |
HOME EQUITY |
|
| 4.750% / 5.116%**** | |
First Time Home Buyer 1st Mortgage (FTHB) |
|
|
30 YR |
4.250% / 4.297%***** |
First Time Home Buyer (FTHB) Home Equity (2nd Mortgage) |
|
| 15 YR | 5.000% / 5.209%****** |
*Annual Percentage Rate
**APR Conforming Limit is based on $250,000 loan amount
***APR Jumbo is based on $750,000 loan amount
****APR Home Equity is based on $50,000 loan amount
*****Offer valid as of May 16, 2022 and may be canceled without notice. Valid in the State of Florida only. Membership required. Approval subject to creditworthiness. Primary residence only. Construction loans excluded. Acceptable appraisal and title required. Property insurance required. Flood insurance when required. Escrows are required. Borrower is responsible for out-of-pocket expenses, such as closing costs, home inspection and appraisal fees, etc. Borrower must simultaneously qualify for both FTHB loan (80% of financing) and Home Equity Term Loan First-Time Home Buyer loan (20% of financing). Loan amounts from $50,000 to $350,000 on the first mortgage. Maximum Purchase Price $437,500. Other terms and conditions apply. See your loan officer for details. Payment example: Based on a credit score of 680, a 30-year first mortgage loan for $350,000 at 4.297% APR has monthly principal and interest payments of $1,721.79, and a 15- year home equity loan for $87,500 at 5.209% APR has monthly principal and interest payments of $714.95. Payment example does not include amounts for taxes or insurance premiums; the actual payment obligation will be greater. NMLS #403109
******FTHB Second Mortgage loans- The rates are displayed for conforming loan programs and are based on a loan amount of $87,500.00. Eligible in the State of FL ONLY.