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Home > Our Rates > Mortgage Rates

Mortgage Rates Our Rates

There’s nothing JUMBO about our mortgages.

Rather than basing lending decisions solely on numbers, we look at the unique financial character and qualifications of each and every borrower – whether you need to finance $100,000 or $10 million. Best of all, you’ll get the same low rate no matter how much you need to borrow.

That’s what we call The Village Bank Experience.

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1. Fixed Rate Mortgages - Owner Occupied*
(Effective: October 18, 2017)
Program
Term
Interest Rate
Points
APR
Monthly Payments
per $1000 borrowed
10-Year Fixed
10 years
3.250%
0 3.356%
$9.77
15-Year Fixed
15 years
3.625%
0 3.701%
$7.21
20 Year Fixed
20 years
3.875%
0 3.936%
$5.99
30-Year Fixed
30 years
4.000%
0 4.044%
$4.77
*Annual Percentage Rate (APR) subject to change without notice. Minimum down payment 20%. Payments noted do not include amounts for taxes and insurance premiums, if applicable, and the actual payment obligation may be greater. Property insurance is required. Subject to credit approval.


2. Adjustable Rate Mortgages - Owner Occupied*
(Effective: October 18, 2017)
Program
Term
Interest Rate
Points
APR
Monthly Payments
per $1000 borrowed
5/1 ARM
30 years
3.000%
0 3.926%
 to  60 months   $4.22
61   to  359 months   $4.88
360 months   $4.85
7/1 ARM
30 years
3.375%
0 3.946%
 to  84 months   $4.42
85   to  275 months   $4.88
276   to  360 months   $4.85
*Our adjustable rate mortgages offer an initial interest rate that is fixed for either a 5 year or 7 year period. After that period, and every year thereafter, the interest rate can adjust based on current market conditions. Each adjustment has a 2% change cap and a 6% lifetime change cap. Annual Percentage Rate (APR) subject to change without notice. Assumes 20% down. Payments noted do not include amounts for taxes and insurance premiums, if applicable, and the actual payment obligation may be greater. Property insurance is required. Subject to credit approval.


3. Second Home Mortgages - Owner Occupied*
(Effective: October 18, 2017)
Program
Term
Interest Rate
Points
APR
Monthly Payments
per $1000 borrowed
10-Year Fixed
10 years
3.750%
0 3.861%
120 months   $10.01
15-Year Fixed
15 years
4.125%
0 4.205%
180 months   $7.46
20 Year Fixed
20 years
4.375%
0 4.439%
240 months   $6.26
30-Year Fixed
30 years
4.500%
0 4.547%
360 months   $5.07
5/1 ARM
30 years
3.500%
0 4.103%
 to  60 months   $4.49
61   to  359 months   $4.92
360 months   $4.95
7/1 ARM
30 years
3.875%
0 4.181%
 to  84 months   $4.70
85   to  275 months   $4.94
276   to  360 months   $4.95
*Our adjustable rate mortgages offer an initial interest rate that is fixed for either a 5 year or 7 year period. After that period, and every year thereafter, the interest rate can adjust based on current market conditions. Each adjustment has a 2% change cap and a 6% lifetime change cap. Annual Percentage Rate (APR) subject to change without notice. Assumes 20% down. Payments noted do not include amounts for taxes and insurance premiums, if applicable, and the actual payment obligation may be greater. Property insurance is required. Subject to credit approval.


4. Investment Mortgages*
(Effective: October 18, 2017)
Program
*PLEASE CALL 617-964-0117 FOR RATES.


5. Home Equity Lines of Credit - Owner Occupied*
(Effective: October 18, 2017)
Program
Interest Rate
APR
Home Equity Line
4.250%
4.250%
*Annual Percentage Rate (APR) subject to change without notice. Variable rate loan with a 10-year draw/10-year repayment. Please see Important Terms Disclosure. Property insurance required. Please consult your tax advisor regarding deductibility of interest. Borrowers are required to pay all closing costs. Home Equity Line of Credit rate is based on the Prime Rate as published in The Wall Street Journal and will never exceed 18%. The minimum payment is $100.00. Subject to credit approval. Other terms and conditions apply. Wall Street Journal Prime Rate as of effective date is 3.750%.