Mortgages

Annual Percentage Rates valid as of January 30, 2018

Everyone dreams of owning their own home, and as your financial partner, we are here to help you realize your dream. From a mortgage to help you buy your first home, to the mortgage that will help you buy your dream home, we have a variety of products with rates and terms to meet your needs. Finding the right mortgage loan is as important as finding the right house. That is why we personally help you select the loan that will fit your needs and your lifestyle.

To fit all your needs we offer a variety of mortgage options.

Fixed Rate Mortgages
A fixed rate mortgage has a consistent interest rate and monthly payments that never change. This is a great option for those planning to stay in their home for a long time and who want to minimize the effects of rising interest rates on their mortgages.

  • 15, 20, 25, 30 year fixed terms with fixed monthly payments
  • Only 5% down payment required
  • Low closing costs
  • Bi-weekly mortgages
  • 1-4 unit owner-occupied
  • No pre-payment penalties
  • Locally approved

Struggling to save for a home of your own? Just can't set aside enough from your current pay? Our First Home Club offers qualified members up to $75,000 in matching funds toward the purchase of your first home. Check out our First Home Club.

What's My Payment?

Fixed Annual Percentage Rate (APR) is subject to change without notice and is based on a$100,000 mortgage, zero points and 20% down payment for 30 years. One to four family, owner occupied properties. Minimum loan $75,000. Maximum loan $453,100. Maximum LTV 95% with mortgage insurance. Maximum term 30 years. Purchase or refinance. Low minimum down payment. No pre-payment penalty.

Bi-weekly payment options
Save thousands of dollars in interest and take years off your mortgage with a bi-weekly mortgage. Bi-weekly savings are achieved by simply paying half of your monthly mortgage payment every 14 days. By the end of a year you would have paid the equivalent of one extra monthly payment. This additional amount accelerates your loan payoff by going directly against your loan's principal.

  Bi-weekly Payments Monthly Payments
Mortgage amount $200,000 $200,000
Interest rate 4.5% 4.5%
Mortgage term 25.7 years 30 years
Payment $506.69 $1,013.57
Total interest $137,574 $164,814
Interest savings $27,240  

Adjustable Rate Mortgages (ARMS)
Adjustable rate mortgages begin with a low, fixed rate and then adjust upward or downward after the initial term. These loans are ideal if you need a larger loan amount but want to keep your payments lower initially.

  • 5/1, 3/1 and 1 year adjustable rate mortgages
  • Only 5% down payment required
  • Low closing costs
  • 1-4 unit owner-occupied
  • No pre-payment penalties
  • Locally approved

 

Annual Percentage Rate (APR) is subject to change without notice and is based on a$100,000 mortgage, zero points and 20% down payment for 30 years. One to four family, owner occupied properties. Minimum loan $75,000. Maximum loan $453,100. Maximum LTV 95% with mortgage insurance. Maximum term 30 years. Purchase or refinance. Low minimum down payment. No pre-payment penalty.

When you are ready to finance, simply call a Mortgage Originator at (518) 393-1326 and press 3 to start your mortgage. We're here to help make your lending experience smooth and efficient.