- RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE.
PLEASE CONTACT OUR MORTGAGE ORIGINATOR
JENNIFER IVES-GROEBL For current rate quotes
(860) 567-9401 Ext. 306 or (860) 482-9707
- EMAIL: Jennifer Ives-Groebl
Evening interviews by appointment
RESIDENTIAL MORTGAGE PROGRAMS
-
| As of July 1, 2008 |
| FIXED RATE MORTGAGES - MAXIMUM AMOUNT $417,000 |
 |
Rate |
Points |
Annual Percentage Rate (APR) |
Payment Per $1,000 Borrowed |
| 30 Year |
6.000% |
2.0 |
6.191% |
$6.00 |
|
6.375% |
0.0 |
6.377% |
$6.24 |
| 20 Year |
5.875% |
2.0 |
6.127% |
$7.09 |
|
6.250% |
0.0 |
6.252% |
$7.31 |
| 15 Year |
5.625% |
2.0 |
5.940% |
$8.24 |
|
6.000% |
0.0 |
6.002% |
$8.44 |
| 80.01% TO 90% LOAN TO VALUE (LTV) AVAILABLE; PRIVATE MORTGAGE INSURANCE (PMI) REQUIRED |
| ADJUSTABLE RATE MORTGAGES (A.R.M.) - MAXIMUM AMOUNT $750,000 |
|
Rate |
Points |
APR |
Caps |
Margin |
Payment Per $1,000 Borrowed |
| 1/4 Caps |
4.500% |
2.0 |
5.364% |
1/4 |
2.750% |
$5.07 |
| |
4.750% |
0.0 |
5.207% |
1/4 |
2.750% |
$5.22 |
| 1 Year ARM |
4.250% |
2.0 |
5.341% |
2/6 |
2.750% |
$4.92 |
| |
4.500% |
0.0 |
5.185% |
2/6 |
2.750% |
$5.07 |
| 3 Year Arm |
4.625% |
2.0 |
5.277% |
2/6 |
2.750% |
$5.14 |
| |
5.125% |
0.0 |
5.221% |
2/6 |
2.750% |
$5.44 |
| 5 Year ARM |
5.375% |
2.0 |
5.481% |
2/6 |
2.750% |
$5.60 |
| |
5.625% |
0.0 |
5.395% |
2/6 |
2.750% |
$5.76 |
| 7 Year ARM |
5.500% |
2.0 |
5.560% |
2/6 |
2.750% |
$5.68 |
| |
5.750% |
0.0 |
5.503% |
2/6 |
2.750% |
$5.84 |
| 10 Year ARM |
5.625% |
2.0 |
5.680% |
2/6 |
2.750% |
$5.76 |
| |
5.875% |
0.0 |
5.658% |
2/6 |
2.750% |
$5.92 |
SLIGHTLY HIGHER MARGINS APPLY TO JUMBOS
($359,650 - $750,000 + .25; $750,001 AND OVER + .50)
MAXIMUM LOAN TO VALUE 90%; 80.01% - 90% LTV, PMI REQUIRED MAXIMUM TERM - 30 YEARS
YOUR APR MAY INCREASE AFTER CONSUMMATION. |
| FIRST TIME HOME BUYERS (APPLICATION FEE - $300) - MAXIMUM AMOUNT $260,000 |
| |
Rate |
Points |
APR |
Caps |
Margin |
Payment Per $1,000 Borrowed |
| 5 Year ARM |
5.250% |
0.0 |
5.251% |
2/6 |
2.750% |
$5.52 |
95% LOAN TO VALUE RATE AVAILABLE - PMI REQUIRED. THIS IS A FIXED RATE FOR 5 YEARS; THEN BECOMES A 1 YEAR ARM.
YOUR APR MAY INCREASE AFTER CONSUMMATION. | | |
Apply Today
A Litchfield Bancorp loan consultant will contact you within 24 hours. | |
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