|
|
Mortgage Loans provided by Investors Home Mortgage | |
 |
|
|
Investors Bank has been serving the banking needs of New Jersey families since 1926. With over $8.5 Billion in assets and a network of 83 branches in ten Garden State counties, the Bank delivers personalized and friendly service and products tailored to the needs of customers. Through its wholly-owned subsidiary, Investors Home Mortgage, a wide range of mortgage products is offered for purchase or refinance, on one to four family properties in NJ, NY, PA, CT & DE. The home must be owner occupied as the owner's primary residence, be a true second/vacation home or investment property. The interest rate is locked in a the time of application. Home Equity Conversion Mortgage ("Reverse Mortgage") are available to senior homeowners over age 62. Please call to discuss program details and rates. |
 |
Call 800-965-3006!
| First Mortgage Loans (maximum $2,500,000)* | ||||||
|---|---|---|---|---|---|---|
| Program | Rate | Points | APR | Max Loan | Monthly P&I Per $1,000 |
Fees In APR |
| 30 Yr. Fixed Rate Jumbo | 4.500% | 0 | 4.508% | $3,000,000 | 5.08 | 790.00 |
| 30 yr Fixed Hi-BalanceFNMA | 4.250% | 0 | 4.261% | $625501.00 | $4.99 | 790.00 |
| 30 Yr. Fixed Bi-Weekly | 4.125% | 0 | 4.132% | $750,000 | $4.87 | 790.00 |
| 30 Yr. Fixed Portfolio Conforming to $750,000 | 4.375% | 0 | 4.388% | $750,000 | $5.01 | 790.00 |
| 30 Yr. Fixed FNMA Conforming (1) to $417,000 | 4.000% | 0 | 4.022% | $417,000 | $4.77 | 790.00 |
| 20 Yr Fixed Portfolio | 3.875% | 0 | 3.890% | $750,000 | $5.99 | 790.00 |
| 15/30 Fixed Rate One Step | 4.125% | 0 | 4.087% | $750,000 | $4.91 | 790.00 |
| 15 Yr. Fixed Rate Jumbo | 3.625% | 0 | 3.638% | $3,000,000 | $7.27 | 790.00 |
| 15 Yr. Fixed Portfolio Conforming to $750,000 | 3.500% | 0 | 3.519% | $750,000 | $7.13 | 790.00 |
| 15 yr. Fixed FNMA conforming to $417,000 | 3.375% | 0 | 3.414% | $417,000 | $7.03 | 790.00 |
| 5 Year Fixed Rate, Converting to a 1 Year ARM | 3.125% | 0 | 3.094% | $3,000,000 | $4.28 | 790.00 |
| 7 Year Fixed Rate, Converting to a 1 Year ARM | 3.500% | 0 | 3.242 | $3,000,000 | $4.51 | 790.00 |
| 10 Year Fixed Rate, Converting to a 1 Year ARM | 3.990% | 0 | 3.621% | $3,000,000 | $4.80 | 790.00 |
| 5 Yr. ARM Interest Only | 3.375% | 0 | 3.135% | $3,000,000 | $2.90 | 790.00 |
| 7/1 ARM Interest Only | 3.750% | 0 | 3.360% | $3,000,000 | $3.70 | 790.00 |
| First Time Home Buyers programs also available. | ||||||
* Rates quoted may not be available in all Pennsylvania counties. Call for specific quote.
* Private mortgage insurance is required on all loans with less than 20% down, up to $500,000.
* Loan amounts between $1,500,000.00 to $3,000,000.00. Add .25% to quoted rate.
* Add .125% to the interest rate for all Co-ops.
* Add .125% to the interest rate for all Condominiums.
* Add .125% to the interest rate for all New York Properties.
* Add .125% to the interest rate for all 2-4 family properties.
* 15/30 Balloon (Conforming and Jumbo) reduce rate by .125% if FICO score over 700
** Adjustable rate mortgages are variable rate and may increase or decrease after closing.
* Other 30 year Fixed Conforming Programs and rates available.
* Add .50% to the interest rate for No Income Loans
**** The 30 Yr. Fixed Bi-Weekly rates listed on the attached sheet are only available for properties located in: New Jersey, Brooklyn, NY and Queens, NY **** Applicable only with the auto debit program and direct deposit into an Investors Bank Checking Account.
Bi-Weekly Mortgage Payments are available on 10, 15 and 20 Yr. Fixed Rate Mortgage (15/30 Balloon ineligible)
Reduce Interest Rate by .125% for New Jersey, Brooklyn, NY and Queens, NY properties only!
Auto Debit Program and Direct Deposit into an Investors Bank checking account are required.
All rates are as of February 10, 2012 and are subject to change.
| [The information on this page is updated directly by the lender using HSH's LiveEdit service. Please contact the lender with any questions or comments about the information posted here.] |
|
ISB Mortgage Co. 249 Millburn Avenue Millburn, NJ 07041 Toll Free: 800-965-3006 Office: 732-367-0052 Fax: 973-969-9235 |
Mortgage Loans provided by Investors Home Mortgage
A licensed mortgage banker.
Licensed by the NJ Dept. of Banking and Insurance.
 |
 |
 |
HSH Home | Lender Showcases | Calculators | Contact HSH |
 |
| Copyright © Friday, 10-Feb-2012 08:15:35 PST HSH® Associates, Financial Publishers - http://www.hsh.com |
