Real Estate Loan Rates
First Mortgages
Effective 04/01/2022
| Terms | Rates | APR* |
|---|---|---|
| 1 Year - 5 Years | 4.250% | 4.306% |
| 5+ Years - 10 Years | 4.250% | 4.279% |
| 10+ Years - 15 Years | 4.875% | 4.898% |
| 20 Years | 5.250% | 5.270% |
| 30 Years | 5.500% | 5.515% |
Second Mortgages
Effective 04/01/2022
| Terms | Rates | APR* |
|---|---|---|
| 1 Year - 5 Years (80% Loan-to-Value) | 5.250% | 5.258% |
| 5+ Years - 10 years (80% Loan-to-Value) | 5.375% | 5.379% |
| 10+ Years - 15 Years (80% Loan-to-Value) | 5.500% | 5.503% |
| - | - | - |
| 1 Year - 5 Years (85% Loan-to-Value) | 6.500% | 6.508% |
| 5+ Years - 10 years (85% Loan-to-Value) | 6.625% | 6.629% |
| 10+ Years - 15 Years (85% Loan-to-Value) | 6.750% | 6.753% |
Rates are subject to change at any time. Rates will be updated on website weekly. Check back often.
* Annual Percentage Rate.
APR based on loan amount of $100,000;0 points; 10 days prepaid interest
Home Equity Lines of Credit
Effective 04/01/2022
| Term | Rate | Annual Percentage Rate | Monthly Payment |
|---|---|---|---|
| Revolving | Prime minus 0.25% | 3.25% | 1.50% of the outstanding balance, or $100.00, whichever is greater. |
Our Home Equity Line of Credit is a variable rate of Prime Minus .25% for the life of the loan. The rate is adjusted monthly based on Prime as shown in the Wall Street Journal. The prime rate is 3.50% APR* as of 03/16/2022. Hazard Insurance is required. Flood insurance is required where necessary. No minimum initial advance is required. We will lend up to 85% of the appraised value of your home, minus first mortgage. $5,000 minimum for line of credit. Maximum Annual Percentage Rate is 18.00%.