 Loan Type |
Points |
Interest Rate |
APR |
Fees In APR |
Maximum Loan |
30 Year Fixed |
0.00 |
5.000% |
5.026% |
$690.00 |
Loan Amounts Up To $417,000 |
30 Year Fixed |
0.00 |
5.250% |
5.277% |
$690.00 |
Existing Customers:
$417,001 Up To $1 Million.
New
Customers:
$417,001 Up To $500,000 |
20 Year Fixed |
0.00 |
4.750% |
4.786% |
$690.00 |
Loan Amounts Up To $417,000 |
20 Year Fixed |
0.00 |
5.000% |
5.036% |
$690.00 |
$417,001 Up To $1 Million |
15 Year Fixed |
0.00 |
4.375% |
4.420% |
$690.00 |
Loan Amounts Up To $417,000 |
15 Year Fixed |
0.00 |
4.375% |
4.420% |
$690.00 |
$417,001 Up To $1 Million |
10 Year Fixed |
0.00 |
4.250% |
4.314% |
$690.00 |
Loan Amounts Up To $417,000 |
10 Year Fixed |
0.00 |
4.500% |
4.564% |
$690.00 |
$417,001 Up To $1 Million |
1/1/30 ARM |
0.00 |
4.250% |
3.355% |
$690.00 |
Loan Amounts Up To $1 Million |
3/1/30 ARM |
0.00 |
4.000% |
3.443% |
$690.00 |
Loan Amounts Up To $1 Million |
5/1/30 ARM |
0.00 |
4.125% |
3.585% |
$690.00 |
Loan Amounts Up To $1 Million |
5/5/30 ARM |
0.00 |
4.500% |
4.683% |
$690.00 |
Loan Amounts Up To $1 Million |
7/1/30 ARM |
0.00 |
4.875% |
4.053% |
$690.00 |
Loan Amounts Up to $1 Million |
|
Above 10-year, 15-year and 20-year rates, APRs and terms apply to
single family, owner-occupied contract sales and refinances in
amounts up to $1,000,000. (Please contact us for rate information on
loans over $1,000,000.) For 30 year terms, the following loan
amount and property location restrictions apply over $417,000:
$1,000,000 (existing customers), $500,000 (new customers) and the
property must be located in Bergen, Passaic, Essex, Union or Morris
County. Private Mortgage Insurance available for down payments less
than 20%. Rates may vary subject to loan amount, loan-to-value
ratio, purpose of loan, credit rating, etc. and are subject to
change without notice. Fees: Attorney Review Fee $250, Final Inspection Fee $100, Appraisal Fee $300 (1 family) or $500 (2-4 family), Flood Certification Fee $17 and Application Fee $98. These fees must be paid upon request by Spencer during the processing of your application, but no later than three (3) business days after receipt of the initial Truth In Lending Disclosure. In addition, there is a Credit Report Fee ($15 per single borrower, $25 for married borrowers) due and payable to Spencer at time of application. These fees are non-refundable. A Rate Lock Fee of one half of a percent (.500) of the loan amount (refunded at closing) must be paid at time of rate lock. 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. |
