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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 Tuesday, December 16, 2014

PointsOrigination FeeInterest RateAPRFully Indexed RatePayment per $1,000PaymentsApply
PURCHASE / REFINANCE Loan Rates - CT & MA
30 Year Fixed Rate - PURCHASE / REFINANCE - CT & MA
0.000$750.003.750%3.904%N/A$4.63Show Payments and Rates
1.000$750.003.625%3.862%N/A$4.56Show Payments and Rates
20 Year Fixed Rate - PURCHASE / REFINANCE - CT & MA
0.000$750.004.250%4.402%N/A$6.19Show Payments and Rates
1.000$750.004.000%4.268%N/A$6.06Show Payments and Rates
15 Year Fixed Rate - PURCHASE / REFINANCE - CT & MA
0.000$750.003.250%3.439%N/A$7.03Show Payments and Rates
1.000$750.003.000%3.334%N/A$6.91Show Payments and Rates
10 Year Fixed Rate - PURCHASE / REFINANCE - CT & MA
0.000$750.002.750%3.021%N/A$9.54Show Payments and Rates
1.000$750.002.500%2.981%N/A$9.43Show Payments and Rates

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.

 
Fixed Rate Mortgages - Rates and Disclosures for New York

Rates as of Tuesday, December 16, 2014

PointsOrigination FeeInterest RateAPRFully Indexed RatePayment per $1,000PaymentsApply
PURCHASE / REFINANCE Loans - New York
30 Year Fixed Rate - PURCHASE / REFINANCE - New York
0.000$750.004.000%4.156%N/A$4.77Show Payments and Rates
1.000$750.003.875%4.115%N/A$4.70Show Payments and Rates
20 Year Fixed Rate - PURCHASE / REFINANCE - New York
0.000$750.004.500%4.653%N/A$6.33Show Payments and Rates
1.000$750.004.250%4.521%N/A$6.19Show Payments and Rates
15 Year Fixed Rate - PURCHASE / REFINANCE - New York
0.000$750.003.500%3.690%N/A$7.15Show Payments and Rates
1.000$750.003.250%3.586%N/A$7.03Show Payments and Rates
10 Year Fixed Rate - PURCHASE / REFINANCE - New York
0.000$750.003.000%3.272%N/A$9.66Show Payments and Rates
1.000$750.002.750%3.233%N/A$9.54Show Payments and Rates

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.

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