Current Loan Rates


Fixed Rate Mortgage | Adjustable Rate Mortgage | Home Equity | Construction & Lots


Effective Date: March 9, 2010

We post our loan rates to help you get a general guideline what your monthly payments might be using our financial calculators. However the rates below are subject to change at any time.  Please contact the bank for the most current lending rates available. The offer of credit is subject to approval.

Fixed Rate Mortgage Rates

Loan Program Min. Down Payment 45 Day
Rate Lock		 Annual Percentage Rate (APR)
40 year fixed 5% All Programs 6.125% 6.16%
30 year fixed   5.00% 5.04%
20 year fixed   4.875% 4.92%
15 year fixed   4.375% 4.44%
WHEDA - Subject to income and purchase limits
Over 80% Loan to Value 5.75% 5.94%
80% Loan to Value and Below 5.40% 5.58%

Rates are subject to change daily. Jumbo mortgages over $417,000 and mortgages under $40,000, please contact us for rates. Rate buy downs available. Rate locks available up to 60 days.

Interest rates are subject to change at any time and without notice due to changes in the mortgage market.  Interest rates may also adjust according to credit history and property approval.  The rates shown are based on average interest rates for customers with good credit history.

The APR calculation is based on a loan amount of $100,000 for a loan on your primary residence with an 80% loan-to-value (LTV).  The APR is calculated using the following estimated fees: Flood Determination fee $12.50, Tax Service fee $53.00, Closing fee $125.00, Underwriting fee $175.00, Courier fee $25.00, and Recording fees $15.00.

Adjustable Rate Mortgage Rates

Loan Program Cap Down Payment Rate Annual Percentage Rate (APR)
1 year ARM 1/5 20% 6.59%
+1 pt		 6.69%
3 year ARM 2/6 20% 6.91%
+1 pt		 7.01%

The APR calculation is based on a loan amount of $100,000 for a loan on your primary residence with an 80% loan-to-value (LTV).  The APR is calculated using the following estimated fees: Flood Determination fee $12.50, and 1% Origination fee of $1,000.00.

Caps: 1/5 =  1 Year ARM – The initial interest rate is locked for the first year of the loan.  It can then adjust higher or lower up to 1% each change period (1 Year) and can adjust higher or lower up to 5% for the life of the loan.

Caps 2/6 =  3 Year ARM – The initial interest rate is locked for the first three years of the loan.  It can then adjust higher or lower up to 2% each change period (1 Year) and can adjust higher or lower up to 6% for the life of the loan.

All rates are subject to change. Please contact us for current rates.

Home Equity Lines of Credit

Loan Program Cap Term Rate Annual Percentage Rate (APR)
Home Equity Line
of Credit		 Up to 80% LTV 4.25%
(Prime Rate +1%)		 4.25%

LTV = Loan to Value. Variable rates tied to Wall Street Journal Prime Rate.
Current Prime Rate = 3.25%

The initial term for a Home Equity Line of Credit is 3 years.  Accrued interest is required to be paid monthly.  The APR calculation is based on a loan amount of $100,000 for a loan on your primary residence with an 80% loan-to-value (LTV).  The APR is calculated using the following estimated fees: Flood Determination fee $12.50 and a Loan fee of $75.00. An annual fee of $35.00 applies after the first year. All rates are subject to change. Please contact us for current rates.

Construction and Lots

Loan Program Cap Rate Annual Percentage Rate (APR)
Construction Loan* 3.70% +1 pt 7.01%
Lots**   6.95%

* Construction loans are done in six month terms with required monthly interest payments.  The APR calculation is based on a loan amount of $100,000 for the construction of your primary residence with an 80% loan-to-value (LTV).  The APR is calculated using the following estimated fees: Flood Determination fee $12.50, 1% Origination fee of $1,000.00, Closing fee $125.00, and a Draw fee of $500.00.

** Lot in qualified subdivision, not acreage, 10 year amortization, 36 month balloon

All rates are subject to change. Please contact us for current rates.