All mortgage rates are subject to credit approval, subject to change without notice and effective as of 09/17/2020. Rates displayed on this page are for conforming loans (less than or equal to $510,000). For information regarding additional loan programs, please contact a Mortgage Loan Originator.
APR=Annual Percentage Rate
Fixed Rate Mortgages Purchase and Refinance
APRs based on $127,500.00 loan amount single family residence with 20% down payment and a 700 FICO. Loans with less down payment may require mortgage insurance which will increase monthly payment. Taxes and insurance are required to be escrowed but not included in payment amounts above. Contact a Mortgage Loan Originator for details on all our mortgage products.
Adjustable Rate Mortgages Purchase and Refinance
Initial APRs & payments are based on $127,500.00 loan amount, 360 months, single family residence, with 20% down payment and a 700+ FICO. Subsequent payments are based off the “Recent Index” value plus the margin rounded to the nearest 1/8 for the remainder of the term. Future index values may be greater (or less) than the stated "recent index" values causing actual future principal and interest payments to be different than stated here. Taxes and insurance are required to be escrowed but not included in payment amounts above. All conforming ARM products have margins of 2.00%.
APRs based on $127,500.00 loan amount single family residence with 20% down payment and a 700 FICO. Taxes and insurance are required to be escrowed if it is a first mortgage but not included in payment amounts above. Taxes and insurance are not required to be escrowed if it is a second mortgage. Maximum CLTV up to 89% with FMB holding the 1st mortgage. Owner-occupied properties only. Contact a Mortgage Loan Originator for details on all our mortgage products
Home Equity Line of Credit
Home Equity Line of Credit has a variable rate feature. During the 60-month introductory period the Annual Percentage Rate (APR) is locked and will not increase. After the promotional period, the APR is variable and will be based on the Wall Street Journal Prime (index) and 1.00% margin. The maximum APR is 12%. There is a 120-month draw period where advances may be taken. Your minimum payment in the draw period will be the accrued interest for the month. After the draw period, advances are no longer permitted (repayment period). Repayment of the outstanding balance must be paid no later than the next 120-months. Loan is subject to credit underwriting. Minimum FICO Score of 700; late fees apply. Maximum CLTV up to 89% with FMB holding the 1st mortgage. Property insurance is required, and flood insurance may be required (if applicable). Consult a tax advisor regarding deductibility of interest. All loans are subject to credit review and approval. Certain fees and restrictions may apply. Owner-occupied properties only. Offer subject to change without notice.