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Mortgage Loans provided by Investors Home Mortgage | |
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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 90 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. |
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Call 800-965-3006!
| First Mortgage Loans (maximum $2,500,000)* | ||||||
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| Program | Rate | Points | APR | Max Loan | Monthly P&I Per $1,000 |
Fees In APR |
| 30 Yr. Fixed Rate Jumbo | 3.875% | 0 | 3.886% | $3,000,000 | $4.00 | 790.00 |
| 30 yr Fixed Hi-BalanceFNMA | 3.750% | 0 | 3.761% | $625500.00 | $4.71 | 790.00 |
| 30 Yr. Fixed Bi-Weekly | 3.625% | 0 | 3.656% | $750,000 | $4.64 | 790.00 |
| 30 Yr. Fixed Portfolio Conforming to $750,000 | 3.875% | 0 | 3.882% | $750,000 | $4.00 | 790.00 |
| 30 Yr. Fixed FNMA Conforming (1) to $417,000 | 3.750% | 0 | 3.772% | $417,000 | $4.64 | 790.00 |
| 20 Yr Fixed Portfolio | 3.500% | 0 | 3.515% | $750,000 | $6.77 | 790.00 |
| 15/30 Fixed Rate One Step | 3.625% | 0 | 3.709% | $750,000 | $4.63 | 790.00 |
| 15 Yr. Fixed Rate Jumbo | 3.00% | 0 | 3.012% | $3,000,000 | $6.99 | 790.00 |
| 15 Yr. Fixed Portfolio Conforming to $750,000 | 3.00% | 0 | 3.019% | $750,000 | $6.93 | 790.00 |
| 15 yr. Fixed FNMA conforming to $417,000 | 2.990% | 0 | 3.029% | $417,000 | $6.84 | 790.00 |
| 5 Year Fixed Rate, Converting to a 1 Year ARM | 2.50 % | 0 | 2.839% | $3,000,000 | $3.96 | 790.00 |
| 7 Year Fixed Rate, Converting to a 1 Year ARM | 2.875% | 0 | 2.953% | $3,000,000 | $4.23 | 790.00 |
| 10 Year Fixed Rate, Converting to a 1 Year ARM | 3.50 % | 0 | 3.316% | $3,000,000 | $4.45 | 790.00 |
| 5 Yr. ARM Interest Only | 2.750% | 0 | 2.927% | $3,000,000 | $2.63 | 790.00 |
| 7/1 ARM Interest Only | 3.125% | 0 | 3.068% | $3,000,000 | $4.15 | 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 5/14/2013 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.] |
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Investors Home Mortgage 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.
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