Loan Rates

Effective: 10/15/2014

Residential Mortgages - Purchase/Refinance/Construction

Type

Annual Percentage Rate1,10

Term2

Monthly Payment per Thousand3

Fixed Rates

4.125%

120 Months

$10.18

 

4.250%

180 Months

$7.52

 

5.000%

240 Months

$6.60

 

5.500%

360 Months

$5.68

1/1 ARM4

2.875%

up to 360 Months

$4.15

3/1 ARM5

3.375%

up to 360 Months

$4.42

5/1 ARM6

3.625%

up to 360 Months

$4.56

7/1 ARM7

3.750%

up to 360 Months

$4.63

Unimproved Real Estate

7.250%

up to 240 Months

$7.90

Agriculture or Multi-use Property

6.000%

up to 240 Months

$7.16

Fixed Rate HELOC8

5.750%

 

$10.98

Fixed Rate HELOC9

5.500%

 

$8.17

Variable Rate HELOC10

4.250%

 

$7.52

1Annual Percentage Rates are determined by an individual's average credit score as provided by Equifax, TransUnion, and Experian, and are subject to change. Loans are subject to application and approval. Rates assume the average credit scores for all borrowers of "800" or higher.
2Terms are available to the stated number of years.
3Payment is calculated per $1,000 borrowed at annual percentage rate and longest term available and does not include insurance or tax escrow.
4Interest Rate will change annually. The rate is based on an index, the weekly average yield on US Treasury Bill - 1 year, plus a margin. The interest rate will never increase more than 6 percentage points over the term of the loan.
5Interest rate is fixed for 3 years and will then change every 12 months thereafter. The rate is based on an index, the weekly average yield on US Treasury Bill - 3 years, plus a margin. The interest rate will never increase more than 6 percentage points over the term of the loan.
6Interest rate is fixed for 5 years and will then change every 12 months thereafter. The rate is based on an index, the weekly average yield on US Treasury Bill - 5 years, plus a margin. The interest rate will never increase more than 6 percentage points over the term of the loan.
7Interest rate is fixed for 7 years and will then change every 12 months thereafter. The rate is based on an index, the weekly average yield on US Treasury Bill - 10 years, plus a margin. The interest rate will never increase more than 6 percentage points over the term of the loan.
8Term: 5 year draw 10 year repayment.
9Term: 1 year draw 15 year repayment.
10Term: 10 year draw 15 year repayment, variable rate and therefore rate may increase. Interest rate is base on the Wall Street Journal Prime Rate.

*Other terms & conditions may apply.