Mortgage Rates
Fixed Rate Mortgage Rates(1)
| Loan Type | Interest Rate as low as
i
Rate Interest rate is the amount paid each year in order to borrow money, calculated in percentage. |
Discount Points
i
Points Points are upfront fees you can pay to lower your mortgage interest rate. One point typically costs 1% of your loan amount. Paying points may help reduce your monthly payments over time. |
APR As Low As
i
APR (Annual Percentage Rate) APR is a broader measure of the cost of borrowing. It includes the interest rate plus any upfront fees or costs (like points), giving you a more complete picture of what you’ll actually pay over the life of the loan. |
|---|---|---|---|
| 30 Year | 5.875% | 0.50% | 5.971% |
| 30 Year No Points | 6.00% | 0.0% | 6.050% |
| 20 Year | 5.625% | 0.50% | 5.752% |
| 15 Year | 5.375% | 0.50% | 5.534% |
No Discount Points, Jumbo, Second Home and Refinance options available. Rates subject to change. Contact us for FHA, VA, USDA
Payment Example (2)
30-Year Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 750 FICO, down payment of 20% up to the conforming loan amount limit.
20-Year Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 750 FICO, down payment of 20% up to the conforming loan amount limit.
15-Year Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 750 FICO, down payment of 20% up to the conforming loan amount limit.
Adjustable Rate Mortgage Rates(1)
| Loan Type | Loan to Value | Interest Rate as low as
i
Rate Interest rate is the amount paid each year in order to borrow money, calculated in percentage. |
Discount Points
i
Points Points are upfront fees you can pay to lower your mortgage interest rate. One point typically costs 1% of your loan amount. Paying points may help reduce your monthly payments over time. |
APR As Low As
i
APR (Annual Percentage Rate) APR is a broader measure of the cost of borrowing. It includes the interest rate plus any upfront fees or costs (like points), giving you a more complete picture of what you’ll actually pay over the life of the loan. |
|---|---|---|---|---|
| 5/1 Conforming ARM | Up to 80% | 5.425% | 0.50% | 5.519% |
| 5/1 Conforming ARM No Points | Up to 80% | 5.550% | 0.0% | 5.598% |
| 5/1 ARM | Up to 100% (4) | 6.175% | 0.50% | 6.273% |
No Discount Points, Jumbo, Second Home and Refinance options available. Rates subject to change.
Payment Example (5)
5/1 Conforming ARM Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 750 FICO, down payment of 20% up to the conforming loan amount limit.
5/1 ARM Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 750 FICO, no down payment up to $400,000. Other terms available above $400,000 and require PMI.
Construction to Permanent Loan Rates(1)
| Loan Type | Loan to Value | Interest Rate as low as
i
Rate Interest rate is the amount paid each year in order to borrow money, calculated in percentage. |
Discount Points
i
Points Points are upfront fees you can pay to lower your mortgage interest rate. One point typically costs 1% of your loan amount. Paying points may help reduce your monthly payments over time. |
APR As Low As
i
APR (Annual Percentage Rate) APR is a broader measure of the cost of borrowing. It includes the interest rate plus any upfront fees or costs (like points), giving you a more complete picture of what you’ll actually pay over the life of the loan. |
|---|---|---|---|---|
| 5/1 Conforming ARM | Up to 80% | 5.675% | 0.50% | 5.731% |
| 5/1 Conforming ARM No Points | Up to 80% | 5.800% | 0.0% | 5.903% |
| 5/1 ARM | Up to 100%(4) | 6.425% | 0.50% | 6.484% |
Jumbo and Second Home options available. Rates subject to change.
Payment Example (6)
5/1 Conforming ARM Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 750 FICO, down payment of 20% up to the conforming loan amount limit.
5/1 ARM Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 750 FICO, no down payment up to $400,000. Other terms available above $400,000 and require PMI.
Land Loan Rates(7)
| Loan Type | Term | Interest Rate as low as
i
Rate Interest rate is the amount paid each year in order to borrow money, calculated in percentage. |
APR
i
APR (Annual Percentage Rate) APR is a broader measure of the cost of borrowing. It includes the interest rate plus any upfront fees or costs (like points), giving you a more complete picture of what you’ll actually pay over the life of the loan. |
|---|---|---|---|
| 5/1 ARM | 15 Years | 6.050% | 6.133% |
Rates subject to change.
Payment Example (9)
5/1 ARM Loan assumptions: Advertised rate assumes the purchase of undeveloped land, 750 FICO, down payment of 30% up to the conforming loan amount limit.
Home Equity Loan Rates(10)
| Product | Term | Interest Rate as low as
i
Rate Interest rate is the amount paid each year in order to borrow money, calculated in percentage. |
APR as low as
i
APR (Annual Percentage Rate) APR is a broader measure of the cost of borrowing. It includes the interest rate plus any upfront fees or costs (like points), giving you a more complete picture of what you’ll actually pay over the life of the loan. |
|---|---|---|---|
| Home Equity Line of Credit(12) | Revolving | 6.750%, Prime | 6.806% |
| Home Equity Installment 5/1 ARM(13) | 20 Years | 7.050% | 7.095% |
Rates subject to change. Payment Example (14)
Home equity line of credit assumptions: Advertised rate assumes cash-out on a single-family primary residence, 750 FICO, minimum 20% equity up to the conforming loan amount limit.
Home equity loan assumptions: Advertised rate assumes cash-out on a single-family primary residence, 750 FICO, minimum 20% equity up to the conforming loan amount limit.
Mortgage FAQs
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If you're ready to start a mortgage application or need to check your loan status, feel free to contact us at 302-629-0100.
Disclosures
2A fixed-rate loan of $320,000 for 30 years at 5.875% interest and 5.971% APR will have a monthly payment of $1,892.92. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,700 loan origination fee and processing fees. Discount points are included. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 750 FICO, down payment of 20% up to the conforming loan amount limit.
A fixed-rate loan of $320,000 for 30 years at 6.00% interest and 6.050% APR will have a monthly payment of $1,918.56. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,700 loan origination fee and processing fees. Discount points are included. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 750 FICO, down payment of 20% up to the conforming loan amount limit.
A fixed-rate loan of $320,000 for 20 years at 5.625% interest and 5.752% APR will have a monthly payment of $2,223.89. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,700 loan origination fee and processing fees. Discount points are included. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 750 FICO, down payment of 20% up to the conforming loan amount limit.
A fixed-rate loan of $320,000 for 15 years at 5.375% interest and 5.534% APR will have a monthly payment of $2,593.49. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,700 loan origination fee and processing fees. Discount points are included. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 750 FICO, down payment of 20% up to the conforming loan amount limit.5A 5/1 Adjustable Rate Mortgage (ARM) $320,000 for 30 years at 5.425% interest and 5.519% APR will have a monthly payment of $1,801.90. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,700 loan origination fee and processing fees. Discount points are included. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 750 FICO, down payment of 20% up to the conforming loan amount limit.
A 5/1 Adjustable Rate Mortgage (ARM) $320,000 for 30 years at 5.550% interest and 5.598% APR will have a monthly payment of $1,826.98. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,700 loan origination fee and processing fees. Discount points are included. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 750 FICO, down payment of 20% up to the conforming loan amount limit.
A 5/1 Adjustable Rate Mortgage (ARM) $320,000 for 30 years at 6.175% interest and 6.273% APR will have a monthly payment of $1,954.71. Taxes and insurance not included; if applicable, actual payment will be greater. Includes $1,700 loan origination fee and processing fees. Discount points are included. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 750 FICO, no down payment up to $400,000. Other terms available above $400,000 and require PMI.
6A 5/1 Adjustable Rate Mortgage (ARM) $320,000 for 30 years at 5.675% interest and 5.731% APR will have a monthly payment of $1,852.21. Payments are interest only during construction based on amount advanced. Taxes and insurance not included; if applicable, actual payment will be greater. Includes 1% loan origination fee and $349 processing fee. Discount Points are included. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 750 FICO, down payment of 20% up to the conforming loan amount limit.
A 5/1 Adjustable Rate Mortgage (ARM) $320,000 for 30 years at 5.800% interest and 5.903% APR will have a monthly payment of $1,877.61. Payments are interest only during construction based on amount advanced. Taxes and insurance not included; if applicable, actual payment will be greater. Includes 1% loan origination fee and $349 processing fee. Discount Points are included. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 750 FICO, down payment of 20% up to the conforming loan amount limit.
A 5/1 Adjustable Rate Mortgage (ARM) $320,000 for 30 years at 6.425% interest and 6.484% APR will have a monthly payment of $2,006.86. Payments are interest only during construction based on amount advanced. Taxes and insurance not included; if applicable, actual payment will be greater. Includes 1% loan origination fee and $349 processing fee. Discount Points are included. All loans subject to credit approval. Loan assumptions: Advertised rate assumes the purchase of a single-family primary residence, 750 FICO, no down payment up to $400,000. Other terms available above $400,000 and require PMI.
14 Home Equity Line of Credit (HELOC) with interest only payments at 6.750% interest and 6.806% APR would require a minimum monthly payment of $5.63 per $1,000.00 borrowed during the draw period. Taxes and insurance not included. Includes a $349 loan processing fee. All loans subject to credit approval. Loan assumptions: Advertised rate assumes cash-out on a single-family primary residence, 750 FICO, minimum 20% equity up to the conforming loan amount limit.
A 5/1 Adjustable Rate Mortgage (ARM) $100,000 for 20 years at 7.050% interest and 7.095% APR will have a monthly payment of $778.30. Taxes and insurance not included. Includes a $349 loan processing fee. All loans subject to credit approval. Loan assumptions: Advertised rate assumes cash-out on a single-family primary residence, 750 FICO, minimum 20% equity up to the conforming loan amount limit.
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