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Use our calculator to estimate your monthly payments.
Fixed Rate Mortgages
(Effective: Thursday, July 02, 2009)
|
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
| |
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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: Thursday, July 02, 2009)
|
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%
|
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*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. A closing cost fee of $150.00 is required. 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.
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Home Financing Rates*
(Effective: Thursday, July 02, 2009)
|
Program
|
Downpayment
| Term
| Interest Rate
| Points
| APR
| Monthly Payments
per $1000 borrowed
|
First Time Home Buyer 7/1ARM
|
20%
| 420 months
| 5.000%
| 0 | 4.178%
|
| 1 | to | 84 months |
$5.05
|
| 85 | to | 419 months |
$4.26
|
| | 420 months |
$4.21
|
|
|
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5/1 ARM
|
20%
| 360 months
| 5.000%
| 0 | 4.110%
|
| 1 | to | 60 months |
$5.37
|
| 61 | to | 359 months |
$4.60
|
| | 360 months |
$4.57
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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).) |
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|
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Investment Jumbo 1-4 Family -Fixed
|
25%
| 240 months
| 7.500%
| 1 | 7.692%
| $8.06
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Investment 1-4 Family Fixed
|
25%
| 240 months
| 7.250%
| 1 | 7.439%
| $7.90
| |
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5/1 Investment ARM
|
25%
| 360 months
| 6.750%
| 1 | 5.366%
|
| 1 | to | 60 months |
$6.49
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| 61 | to | 359 months |
$5.35
|
| | 360 months |
$5.03
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*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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