Conventional Mortgages

For customers who want to purchase a primary/secondary residence, investment property or want to refinance their existing mortgage.

Terms:

Up to 360 months

Loan Amounts:

Up to $417,000

Rate Type:

• Fixed
• Adjustable - fixed interest rate for initial term adjusting annually thereafter based upon a spread over 1 year LIBOR

Maximum Loan To Value (LTV):

• Primary residences 95% LTV
• Secondary residences 90% LTV
• Investment properties 85% LTV

Monthly Payment:

Principal plus interest

Annual Fee:

No annual fee

Additional Features:

• Available for use with our one-time construction to permanent loan program with a maximum LTV of 80%
• Can be combined with a home equity loan or line of credit