Real Estate
The real estate loan rates appearing below are effective as indicated and is subject to immediate change by Board action if necessary, due to circumstances not known at this time. If you have any questions or require current rate information on your account please give us a call or stop by any of our offices.
Loan Rates effective as of: July 1, 2010.
| Program Description |
Re-Payment Period |
Interest Rate |
Annual Percentage Rate (APR) |
Points | Note |
| First Mortgage | Up to 180 months | 5.250% | 5.265% | 0 | (1) |
| 4.875% | 5.043% | 1 | (2) | ||
| 4.500% | 4.819% | 2 | (3) | ||
| Up to 360 months | 5.750% | 5.759% | 0 | (4) | |
| 5.375% | 5.475% | 1 | (5) | ||
| 5.000% | 5.187% | 2 | (6) | ||
| Second Mortgage | Up to 180 months | 7.250% | 7.260% | 0 | (7) |
| Interim Construction | Up to 12 months | 6.000% | - | 1.5 | (8) |
| Vacant Land | Up to 120 months | 7.250% | 7.260% | 0 | (9) |
| Investor Mortgage | Up to 180 months on improved property |
7.250% | 7.260% | 0 | (10) |
| 6.875% | 6.993% | 1 | (11) | ||
| 6.625% | 6.860% | 2 | (12) |
Note:
(1) APR based on a maximum of 80% loan to value, 180 monthly principal and interest payments of $1,674.24 per $200,000.00 borrowed. Maximum loan amount $500,000.00. Calculation also includes a $17.00 flood certificate fee, $100.00 application fee and 0 points of $0.00. Rates and terms are subject to change or cancellation without notice. Certain restrictions may apply.
(2) APR based on a maximum of 80% loan to value, 180 monthly principal and interest payments of $1,634.17 per $200,000.00 borrowed. Maximum loan amount $500,000.00. Calculation also includes a $17.00 flood certificate fee, $100.00 application fee and 1 points of $2,000.00. Rates and terms are subject to change or cancellation without notice. Certain restrictions may apply.
(3) APR based on a maximum of 80% loan to value, 180 monthly principal and interest payments of $1,594.65 per $200,000.00 borrowed. Maximum loan amount $500,000.00. Calculation also includes a $17.00 flood certificate fee, $100.00 application fee and 2 points of $4,000.00. Rates and terms are subject to change or cancellation without notice. Certain restrictions may apply.
(4) APR based on a maximum of 80% loan to value, 360 monthly principal and interest payments of $1,231.44 per $200,000.00 borrowed. Maximum loan amount $500,000.00. Calculation also includes a $17.00 flood certificate fee, $100.00 application fee and 0 points of $0.00. Rates and terms are subject to change or cancellation without notice. Certain restrictions may apply.
(5) APR based on a maximum of 80% loan to value, 360 monthly principal and interest payments of $1,183.08 per $200,000.00 borrowed. Maximum loan amount $500,000.00. Calculation also includes a $17.00 flood certificate fee, $100.00 application fee and 1 points of $2,000.00. Rates and terms are subject to change or cancellation without notice. Certain restrictions may apply.
(6) APR based on a maximum of 80% loan to value, 360 monthly principal and interest payments of $1,135.58 per $200,000.00 borrowed. Maximum loan amount $500,000.00. Calculation also includes a $17.00 flood certificate fee, $100.00 application fee and 2 points of $4,000.00. Rates and terms are subject to change or cancellation without notice. Certain restrictions may apply.
(7) APR based on a maximum of 80% loan to value, 180 monthly principal and interest payments of $1,825.73 per $200,000.00 borrowed. Maximum loan amount $500,000.00. Calculation also includes a $17.00 flood certificate fee, $100.00 application fee and 0 points of $0.00. Rates and terms are subject to change or cancellation without notice. Certain restrictions may apply.
(8) APR based on a maximum of 80% loan to value, 12 monthly principal and interest payments of $1,479.45 per $200,000.00 borrowed. Maximum loan amount $500,000.00. Calculation also includes a $17.00 flood certificate fee, $100.00 application fee and 1.5 points of $3,000.00. Rates and terms are subject to change or cancellation without notice. Certain restrictions may apply.
(9) APR based on a maximum of 80% loan to value, 120 monthly principal and interest payments of $2,348.03 per $200,000.00 borrowed. Maximum loan amount $500,000.00. Calculation also includes a $100.00 application fee and 0 points of $0.00. Rates and terms are subject to change or cancellation without notice. Certain restrictions may apply.
(10) APR based on a maximum of 80% loan to value, 180 monthly principal and interest payments of $1,364.36 per $200,000.00 borrowed. Maximum loan amount $500,000.00. Calculation also includes a $17.00 flood certificate fee, $100.00 application fee and 0 points of $0.00. Rates and terms are subject to change or cancellation without notice. Certain restrictions may apply.
(11) APR based on a maximum of 80% loan to value, 180 monthly principal and interest payments of $1,313.86 per $200,000.00 borrowed. Maximum loan amount $500,000.00. Calculation also includes a $17.00 flood certificate fee, $100.00 application fee and 1 points of $2,000.00. Rates and terms are subject to change or cancellation without notice. Certain restrictions may apply.
(12) APR based on a maximum of 80% loan to value, 180 monthly principal and interest payments of $1,280.63 per $200,000.00 borrowed. Maximum loan amount $500,000.00. Calculation also includes a $17.00 flood certificate fee, $100.00 application fee and 2 points of $4,000.00. Rates and terms are subject to change or cancellation without notice. Certain restrictions may apply.
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