Current Rates
All payments quoted do not include taxes and insurance and actual payment may be greater.
Rates are subject to change without notice.
First Time Home Buyer Programs
|
|
|
|
|
|
|
|
|
|
|
|
|
|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Select the edit icon to edit your custom html
Additional Adjustable Rate Loan Options Available - Please click here to find your local Mortgage Officer
1 Annual Percentage Rate (APR) assumes down payment listed for each program. The actual interest rate, points and delivery fees available to you will be based on your credit history, loan-to-value ratio and other factors
and may be different than rates posted here. Rates are subject to change without notice. Payments do not include taxes and insurance and may be greater. Single and two family properties only. Other options
available. An eligible first-time homebuyer includes any borrower who has not held an ownership interest in a principal residence at any time during the three years preceding the projected closing date of the mortgage to be
financed by PeoplesBank. To qualify for a First-Time Homebuyer program, a bank approved homebuyer workshop must be completed.
2 Credit may not be combined with any other offer.
3 ARM rates are subject to increase after consummation. 7/1 ARM FTHB fixed-rate introductory period lasts 7 years. Rate and payment are subject to adjust after the first 7 years and anually thereafter. ARM Caps 2% per adjustment / 6% lifetime. Repayment terms on the 7/1 ARM FTHB with 0 points are: 84 payments in the amount of $6.08 per $1,000 borrowed at an interest rate of 6.125%. Followed by 276 payments in the amount of $6.84 per $1,000 borrowed at an interest rate of 7.500%. Additional Adjustable Rate products are available. Please ask us for details. Final payment varies based on life of loan history and settlement charges.
Conventional Mortgages
|
|
|
|
|
|
|
|
|
|
|---|---|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Select the edit icon to edit your custom html
Additional Adjustable Rate Loan Options Available - Please click here to find your local Mortgage Officer
1 Annual Percentage Rate (APR) assumes a 20% down payment. The actual interest rate, points and delivery fees available to you will be based on your credit history, loan-to-value ratio and other factors and may be different than rates posted here. Rates are subject to change without notice. Payments do not include taxes and insurance and actual payments may be greater. Fixed rate loans are intended for sale in the secondary market and must meet investor guidelines. Rates posted are for purchase money, single family, owner-occupied properties. Maximum loan amount is $806,500.
2 ARM Rates are subject to increase after consummation. 7/1 Arm fixed-rate Introductory period lasts 7 Years. Rate and payment are subject to adjust after the first 7 years and annually thereafter. ARM Caps 2% per adjustment / 6% lifetime. Repayment terms on the 7/1 ARM with 0 points are: 84 payments in the amount of $6.08 per $1,000 borrowed at an interest rate of 6.125%. Followed by 276 payments in the amount of $6.84 per $1,000 borrowed at an interest rate of 7.500%. Additional Adjustable Rate products are available. Please ask us for details. Final payment varies based on life of loan history and settlement charges.
Professionals Program Mortgages
|
|
|
|
|
|
|
|
|
|
|---|---|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Select the edit icon to edit your custom html
Additional Adjustable Rate Loan Options Available - Please click here to find your local Mortgage Officer
1 Rates may change after the consummation of the loan Annual Percentage Rate (APR) on above rates assumes a 20% down payment and a 30-year term. The actual interest rate and points available to you will be based on your credit history, loan-to-value ratio and other factors and may be different than the rates posted here. Rates posted are for purchase money, single family, owner-occupied properties. Maximum loan amount is $2,000,000.00. Rates for other residential property types are available. Please ask us for details.
2 ARM rates are subject to increase after consummation. Professionals 7/1 ARM fixed-rate introductory period lasts 7 years. Rate and payment are subject to adjust after the first 7 years and anually thereafter. ARM Caps 2% per adjustment / 6% lifetime. Repayment terms on the Professionals 7/1 ARM with 0 points are: 84 payments in the amount of $6.40 per $1,000 borrowed at an interest rate of 6.125%. Followed by 276 payments in the amount of $6.58 per $1,000 borrowed at an interest rate of 7.500%. Additional Adjustable Rate products are available. Please ask us for details. Final payment varies based on life of loan history and settlement charges.
Jumbo Mortgages
|
|
|
|
|
|
|
|
|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Select the edit icon to edit your custom html
Annual Percentage Rate (APR) assumes a 20% down payment. Jumbo loans with loan-to-values over 80% will be underwritten to mortgage insurance guidelines. Maximum loan-to-value is 95%. The actual interest rate, points and delivery fees available to you will be based on your credit history, loan-to-value ratio and other factors and may be different than rates posted here. Rates posted are for purchase money, single family, owner-occupied properties. Rates are subject to change without notice. Payments do not include taxes and insurance and actual payments may be greater. Jumbo fixed rate loans are for loan amounts that exceed $806,500.
Investment Property Mortgages
|
|
|
|
|
|
|
|
|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Select the edit icon to edit your custom html
Additional Adjustable Rate Loan Options Available - Please click here to find your local Mortgage Officer
1 Annual Percentage Rate (APR) assumes a 20% down payment. The actual interest rate, points and delivery fees available to you will be based on your credit history, loan-to-value ratio and other factors and may be different than rates posted here. Rates are subject to change without notice. Payments do not include taxes and insurance and actual payments may be greater. Investment Property Programs are subject to a prepayment penalty. Maximum loan amount is $806,500.
2 ARM rates are subject to increase after consummation. Investment 7/1 ARM fixed-rate introductory period lasts 7 years. Rate and payment are subject to adjust after the first 7 years and anually thereafter. ARM Caps 2% per adjustment / 6% lifetime. Repayment terms on the Investment 7/1 ARM with 0 points are: 84 payments in the amount of $6.40 per $1,000 borrowed at an interest rate of 6.625%. Followed by 276 payments in the amount of $7.29 per $1,000 borrowed at an interest rate of 7.500%. Additional Adjustable Rate products are available. Please ask us for details. Final payment varies based on life of loan history and settlement charges.
Construction Loan Mortgages
|
|
|
|
|
|
|
|
|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Select the edit icon to edit your custom html
Annual Percentage Rate (APR) assumes a 20% down payment. The actual interest rate, points and delivery fees available to you will be based on your credit history, loan-to-value ratio and other factors and may be different than rates posted here. Rates are subject to change without notice. Payments do not include taxes and insurance and actual payments may be greater. Rates posted are for purchase money, single family, owner-occupied properties.
Land Loan
|
|
|
|
|
|
|
|
|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
|
Select the edit icon to edit your custom html
Annual Percentage Rate (APR) assumes a 30% down payment. The actual interest rate, points and delivery fees available to you will be based on your credit history, loan-to-value ratio and other factors and may be different than rates posted here. Rates are subject to change without notice. Payments do not include taxes and insurance and actual payments may be greater.
Home Equity Lines of Credit
|
|
|
|
|
|
|---|---|---|---|---|
|
|
|
|
|
|
|
up to 90% |
|
|
|
|
Select the edit icon to edit your custom html
1 The Annual Percentage Rate (APR) will be variable (Prime-1.25%) for the first 12 months, and will be based on the highest prime rate published in the Wall Street Journal as published on the first day of each monthly statement cycle, and shall be adjusted on the first business day of each monthly statement cycle. After 12 months, the ARR will be variable (Prime -.50%). As of 12/19/2024, the prime rate is 7.50%.
The maximum APR is 18%. Maximum loan to value is 80%. You will be charged a fee for PeoplesBank to obtain a valuation on the property securing the Home Equity Line of Credit for any request greater than $150,000. You may be required to pay for any inspections related to the property secured by the Home Equity Line of Credit deemed necessary by PeoplesBank. You are required to purchase and maintain adequate property insurance naming PeoplesBank as mortgagee. Minimum line amount is $10,000. As of 12/19/2024, the prime rate is 7.50%.
2 The Annual Percentage Rate (APR) will be variable (Prime-1.25%) for the first 12 months, and will be based on the highest prime rate published in the Wall Street Journal as published on the first day of each monthly statement cycle, and shall be adjusted on the first business day of each monthly statement cycle. After 12 months, the ARR will be variable (Prime +.50%). As of 12/19/2024, the prime rate is 7.50%.
The maximum APR is 18%. Maximum loan to value is 90%. You will be charged a fee for PeoplesBank to obtain a valuation on the property securing the Home Equity Line of Credit for any request greater than $150,000. You may be required to pay for any inspections related to the property secured by the Home Equity Line of Credit deemed necessary by PeoplesBank. You are required to purchase and maintain adequate property insurance naming PeoplesBank as mortgagee. Minimum line amount is $10,000. As of 12/19/2024, the prime rate is 7.50%.
Home Equity Loans
|
|
|
|
|
|
|
|---|---|---|---|---|---|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Select the edit icon to edit your custom html
Rates are subject to change without notice. Payments do not include taxes and insurance and actual payments may be greater. Maximum LTV is 90%. Minimum loan amount is $10,000.
Energy Efficiency Home Equity Loans
|
|
|
|
|
|
|
|---|---|---|---|---|---|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Select the edit icon to edit your custom html
The Energy Efficiency Home Equity loan offers ¼% off our standard Home Equity loan rates when at least 50% of the funds is used for the purpose of improvements designed to minimize the home’s environmental impact. You will be required to show documentation of the project highlighting the energy efficiency improvement.
Rates are subject to change without notice. Payments do not include taxes and insurance and actual payments may be greater. Maximum LTV is 90%. Minimum loan amount is $10,000.