National Iron Bank: Since 1847
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Lending Solutions

Fixed Rate Mortgages
 
 

National Iron Bank’s fixed rate mortgage is ideal for people who feel more comfortable with a set monthly payment for the term of the loan. Several different terms are available ranging from 10 to 30 years, with points and without points. A fixed rate mortgage offers a stable monthly mortgage payment for the life of the loan. Some products may reflect rates of loans originated for sale.
 
If your Loan to Value is in excess of 80% please contact our lending team.
 
Fixed Rate Mortgages - Rates and Disclosures for Connecticut and Massachusetts

Rates as of Thursday, July 21, 2016

PointsOrigination FeeInterest RateAPRFully Indexed RatePayment per $1,000PaymentsApply
PURCHASE / REFINANCE Loan Rates - CT & MA
30 Year Fixed Rate - PURCHASE / REFINANCE - CT & MA
0.000$750.003.250%3.292%N/A$4.35Show Payments
1.000$750.003.250%3.373%N/A$4.35Show Payments
25 Year Fixed Rate - PURCHASE / REFINANCE - CT & MA
0.000$750.003.875%3.910%N/A$5.21Show Payments 
1.000$750.003.625%3.660%N/A$5.07Show Payments 
20 Year Fixed Rate - PURCHASE / REFINANCE - CT & MA
0.000$750.003.500%3.542%N/A$5.80Show Payments
1.000$750.003.250%3.404%N/A$5.67Show Payments
15 Year Fixed Rate - PURCHASE / REFINANCE - CT & MA
0.000$750.002.950%3.003%N/A$6.88Show Payments
1.000$750.002.700%2.896%N/A$6.76Show Payments
10 Year Fixed Rate - PURCHASE / REFINANCE - CT & MA
0.000$750.002.750%2.827%N/A$9.54Show Payments
1.000$750.002.500%2.785%N/A$9.43Show Payments

Annual Percentage Rate (APR) quoted above are based on a representative $100,000 loan amount, with 20% down payment/equity for the stated term and include the points listed. Rates are not guaranteed until lock-in and subject to change without notice. All loan applications subject to credit underwriting and property approval. Homeowners' Insurance and flood insurance (if applicable) required. Private Mortgage Insurance (PMI) is required if your downpayment / equity is less than 20%. Loan rates are for a first lien position on single family owner-occupied residences up to $500.000 (up to $417,000 for 30 year fixed). Call for rates available for 2-4 family owner occupied residences.  Origination fees quoted in the above table are for portfolio loans only.  Sold loans will have a higher origination fee.

 
Fixed Rate Mortgages - Rates and Disclosures for New York

Rates as of Thursday, July 21, 2016

PointsOrigination FeeInterest RateAPRFully Indexed RatePayment per $1,000PaymentsApply
PURCHASE / REFINANCE Loans - New York
30 Year Fixed Rate - PURCHASE / REFINANCE - New York
0.000$750.003.500%3.543%N/A$4.49Show Payments
1.000$750.003.500%3.624%N/A$4.49Show Payments
25 Year Fixed Rate - PURCHASE / REFINANCE - New York
0.000$750.004.125%4.176%N/A$5.35Show Payments 
1.000$750.003.875%3.926%N/A$5.21Show Payments 
20 Year Fixed Rate - PURCHASE / REFINANCE - New York
0.000$750.003.750%3.792%N/A$5.93Show Payments
1.000$750.003.500%3.656%N/A$5.80Show Payments
15 Year Fixed Rate - PURCHASE / REFINANCE - New York
0.000$750.003.200%3.254%N/A$7.00Show Payments
1.000$750.002.950%3.148%N/A$6.88Show Payments
10 Year Fixed Rate - PURCHASE / REFINANCE - New York
0.000$750.003.000%3.077%N/A$9.66Show Payments
1.000$750.002.750%3.036%N/A$9.54Show Payments

Annual Percentage Rate (APR) quoted above are based on a representative $100,000 loan amount, with 20% down payment/equity for the stated term and include the points listed. Rates are not guaranteed until lock-in and subject to change without notice. All loan applications subject to credit underwriting and property approval. Homeowners' Insurance and flood insurance (if applicable) required. Private Mortgage Insurance (PMI) is required if your downpayment / equity is less than 20%. Loan rates are for a first lien position on single family owner-occupied residences up to $500.000 (up to $417,000 for 30 year fixed). Call for rates available for 2-4 family owner occupied residences.  Origination fees quoted in the above table are for portfolio loans only.  Sold loans will have a higher origination fee.

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