Real Estate Loan Rates

Current Rates
Effective June 28, 2012. Rates are subject to change.

Loan
Years

Minimum Available
Rate

Minimum Available
APR*

Payment
Per $10,000

Maximum Available
Rate

Maximum Available
APR*

Payment
Per $10,000
Home Loans**  10 5.125% 5.580% 106.68
6.000% 6.398% 111.02
(Primary Residence) 15 5.375% 5.697% 81.05 6.250% 6.535% 85.74
  20 5.999% 6.260% 71.64 6.875% 7.108% 76.78
  5-Yr
Balloon
***
4.999% 5.437% 65.99 5.875% 6.319% 70.92
               
Residential Lot Loans 5 5.750% 6.414% 192.17 8.250% 8.932% 203.96

10 6.250% 6.611% 112.28 8.750% 9.130% 125.33

15 6.750% 7.011% 88.49 9.250% 9.533% 102.92

3-Yr
Balloon
****
5.250% 5.901% 107.29 7.750% 8.417%
120.01








Home Equity Loans
5 3.999% 4.567% 184.16 6.500% 7.083% 195.66

10 5.250% 5.559% 107.27 7.750% 8.075% 120.01

15 5.750% 5.991% 83.04 8.250% 8.488% 97.01
  20 6.250% 6.429% 73.09 8.750% 8.949% 88.37

30 6.750% 6.890% 64.86 9.250% 9.413% 82.27








Home Improvement Loans
5 6.500% 7.285% 195.66 9.000% 9.806% 207.58
  10 7.000% 7.431% 116.11 9.500% 9.953% 129.40

15 7.500% 7.814% 92.70 10.000% 10.339% 107.46

Note: There are no application fees for real estate loans. Rates are based on qualified credit and term. Rates and terms are subject to change without prior notice; other restrictions may apply. Real estate loans are subject to closing cost fees.  

*APR means Annual Percentage Rate. Your final APR may vary based upon customary fees and closing costs which are treatable as interest when calculating your final APR. Please call us at 956-722-3971.  

**Loans exceeding 80% Loan to Value will require Private Mortgage Insurance (PMI). If PMI is denied, a 10% downpayment will be required.

***The 5-year balloon note may be amortized over a maximum of twenty years; however, the balance matures and is payable on the fifth year.

****The 3-year balloon note may be amortized over a maximum of ten years; however, the balance matures and is payable on the third year.

Lender licensed by the National Mortgage Licensing System under registration number 477589.