1 - 4 Family Owner Occupied Properties

Boiling Springs Savings Bank offers the following mortgage loan options for 1-4 family owner occupied properties. These low cost loan products provide a great vehicle to help you achieve your dreams.

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Adjustable Rate Mortgages

Rates as of Monday, February 11, 2019

Product DescriptionInterest RatePointsAPRPayment per $1,000Payments
10/1/30 ARM
10/1/30 ARM4.250%0.0004.559%$4.92Show Payments
7/1/30 ARM
7/1/30 ARM3.875%0.0004.487%$4.70Show Payments
5/1/30 ARM
5/1/30 ARM3.625%0.0004.523%$4.56Show Payments

Above rates, APRs and terms apply to single family, owner-occupied contract sales and refinances in amounts up to $1,500,000 on properties located in Northern New Jersey.  Call for Rates for Loans Amounts over $1,500,000. Private Mortgage Insurance is available for down payments less than 20%. Rates may vary subject to loan amount, loan-to-value ratio, purpose of loan, credit rating, etc. Rates are subject to change without notice. The APR may vary. Payments shown do not include applicable taxes and insurance. Actual payment obligation will be greater. Property Insurance required. LTV= Loan To Value Ratio. Flood Insurance may be required. LTV maximum 95%. All loans are subject to credit approval.  APR=Annual Percentage Rate. After the initial rate lock period the 5, 7, and 10 year ARM loans adjust every year. The rate may increase after consummation of the loan. The Index is the Weekly Average Yield of One Year Treasury Securities, as made available by the Federal Reserve Board + 2.50% Margin. The Rate Caps are 2.00% per Adjustment and Lifetime Cap of 6% on the 5, 7, and 10 year ARMs. Loan Amounts - $450,000 - 95% LTV, $500,000 - 90% LTV, $1,000,000 - 80% LTV, $1,500,000 - 75% LTV, Over $1,500,000 - 70% LTV. Condominium loans exceeding $600,000 are limited to a 75% LTV.  Cash-out Condominium refinance loans are limited to a 75% LTV.

Fixed Rate Mortgages

Rates as of Monday, February 11, 2019

Product DescriptionInterest RatePointsAPRPayment per $1,000Payments
Fixed Rate Mortgages
30 Year Fixed4.500%0.0004.532%$5.07Show Payments
15 Year Fixed3.920%0.0003.974%$7.36Show Payments

Above rates, APRs and terms apply to single family, owner-occupied contract sales and refinances in amounts up to $1,500,000 on properties located in Northern New Jersey.  Call for Rates for Loans Amounts over $1,500,000. Private Mortgage Insurance is available for down payments less than 20%. Rates may vary subject to loan amount, loan-to-value ratio, purpose of loan, credit rating, etc. Rates are subject to change without notice. The APR may vary. Payments shown do not include applicable taxes and insurance. Actual payment obligation will be greater. Property Insurance required. Flood Insurance may be required. LTV= Loan To Value Ratio. LTV maximum 95%. All loans are subject to credit approval.  APR=Annual Percentage Rate. Loan Amounts - $450,000 - 95% LTV, $500,000 - 90% LTV, $1,000,000 - 80% LTV, $1,500,000 - 75% LTV, Over $1,500,000 - 70% LTV.  Condominium loans exceeding $600,000 are limited to a 75% LTV.  Cash-out Condominium refinance loans are limited to a 75% LTV.