Real Estate Loan Rates

First Mortgages

Effective 07/19/2019

TermsRatesAPR*
1 Year - 5 Years2.99%3.031%
5+ Years - 10 Years2.99%3.011%
10+ Years - 15 Years3.00%3.015%
20 Years3.25%3.262%
30 Years3.50%3.509%

Second Mortgages

Effective 07/19/2019

TermsRatesAPR*
1 Year - 5 Years
(80% Loan-to-Value)
3.25%3.258%
5+ Years - 10 years
(80% Loan-to-Value)
3.25%3.254%
10+ Years - 15 Years
(80% Loan-to-Value)
3.50%3.503%
---
1 Year - 5 Years
(85% Loan-to-Value)
4.50%4.508%
5+ Years - 10 years
(85% Loan-to-Value)
4.75%4.754%
10+ Years - 15 Years
(85% Loan-to-Value)
5.00%5.003%

Construction Loans

Effective 07/19/2019

TermsRatesAPR*
15 Year3.50%3.779%
20 Year3.75%3.972%
30 Year4.00%4.165%

 

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 04/01/2020

TermRateAnnual Percentage RateMonthly Payment
RevolvingPrime minus 0.25%3.00%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 3.25% APR* as of 03/15/2020. 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%.