Mortgage Rates
Mortgage Rates may change at any point throughout the day
| Mortgage Rates | |||||
| Effective Date: Saturday, July 12th, 2025 | |||||
| Name | Mortgage Rate | APR | Cap | Loan To Value (LTV) | Maximum Limit |
| Secondary Market Mortgages | |||||
| 30 Year Fixed Rate | 6.750% | As low as 7.004% | N/A | 97.00% | $400,000.00 |
| 20 Year Fixed Rate | 6.375% | As low as 6.698% | N/A | 95.00% | $400,000.00 |
| 15 Year Fixed Rate | 6.000% | As low as 6.116% | N/A | 95.00% | $400,000.00 |
| 10 Year Fixed Rate | 5.750% | As low as 5.908% | N/A | 95.00% | $400,000.00 |
| Rate scenario: A Fixed Rate Mortgage for a Primary Residence Purchase transaction with mortgage $200,000 over 30 years at 6.750% interest and 7.029% APR will have a monthly payment of $1,297.20. Taxes and insurance not included; therefore, the actual payment obligation will be greater. Downpayment of 20%, 680 credit score was incorporated in calculation. Rates & fees may vary and are based on credit history, down payment, property type and other factors associated with your loan application. Loans with less than 20% down payment will require private mortgage insurance. Rates vary based on market conditions and are subject to intraday market changes. | |||||
| In-House Mortgages | |||||
| 15 Year In-House Fixed | 6.125% | As low as 6.252% | N/A | 95.00% | $400,000.00 |
| 10 Year In-House Fixed | 5.875% | As low as 6.050% | N/A | 95.00% | $400,000.00 |
| Rate scenario: A Portfolio Fixed Rate Mortgage for a Primary Residence Purchase transaction with mortgage $200,000 over 15 years at 6.125% interest and 6.302% APR will have a monthly payment of $1,701.25 Taxes and insurance not included; therefore, the actual payment obligation will be greater. Downpayment of 20%, 680 credit score was incorporated in calculation. Rates & fees may vary and are based on credit history, down payment, property type and other factors associated with your loan application. Loans with less than 20% down payment will require private mortgage insurance. Rates vary based on market conditions and are subject to intraday market changes. | |||||
| 5 Year Adjustable Rate Mortgages – 30 year Amortization | |||||
| Primary & Secondary Residences | 6.500% | As low as 6.587% | 2.00% | 80.00% | $400,000.00 |
| Rate scenario: An ARM mortgage for a Primary Residence Purchase transaction with a mortgage of $200,000 over 30 years at 6.500% interest and 6.624% APR will have a monthly payment of $1,264.14. Taxes and insurance not included; therefore, the actual payment obligation will be greater. Downpayment of 20%, 680 credit score is incorporated in calculation. Rates & fees may vary and are based on credit history, down payment, property type and other factors associated with your loan application. Loans with less than 20% down payment will require private mortgage insurance. Rates vary based on market conditions and are subject to intraday market changes. With 5/5 ARM financing, your loan will have the ability to adjust every five years and the interest rate will be based on the 5 Yr Treasury Par Yield Curve Rates. The interest rate cannot increase/decrease more than 2% at each adjustment. There is a ceiling of 10% and a floor cap of 4.5%. | |||||
| 5 Year Adjustable Rate Mortgages – 20 year Amortization | |||||
| Investment 1-4 Units | 7.500% | As low as 7.630% | 2.00% | 80.00% | $400,000.00 |
Rate scenario: An Investment purchase transaction with a mortgage of $100,000 over 20 years at 7.500% interest and 7.783% APR will have a monthly payment of $805.59. Taxes and insurance not included; therefore, the actual payment obligation will be greater. Downpayment of 20%, 680 credit score is incorporated in calculation. Rates & fees may vary and are based on credit history, down payment, property type and other factors associated with your loan application. Maximum financing is at 80% Loan-to-Value. With 5/5 ARM financing, your loan will have the ability to adjust every five years and the interest rate will be based on the 5 Yr Treasury Par Yield Curve Rates. The interest rate cannot increase/decrease more than 2% at each adjustment. There is a ceiling of 10% and a floor cap of 4.5%. | |||||
| Vacant Land | 7.500% | As low as 7.749% | 2.00% | 80.00% | $100,000.00 |
Rate scenario: A Vacant Land mortgage for a purchase transaction with a mortgage of $100,000 over 20 years at 7.500% interest and 7.749% APR will have a monthly payment of $805.59. Taxes and insurance not included; therefore, the actual payment obligation will be greater. Downpayment of 20%, 680 credit score is incorporated in calculation. Rates & fees may vary and are based on credit history, down payment, property type and other factors associated with your loan application. Maximum financing is at 80% Loan-to-Value. With 5/5 ARM financing, your loan will have the ability to adjust every five years and the interest rate will be based on the 5 Yr Treasury Par Yield Curve Rates. The interest rate cannot increase/decrease more than 2% at each adjustment. There is a ceiling of 10% and a floor cap of 4.5%. | |||||
Construction and Home Equity For Construction or Home Equity Rates, please contact our Mortgage Department at 906-632-5370. | |||||