Rates as of Wednesday May 31st, 2023, at 1:00 pm est.
|Program Name (Fixed rate terms)||Interest Rates||APR*||Monthly P&I Payments Per $1,000.00 Borrowed||Points|
|30 Yr Fixed||6.750%||6.802%||360 payments of $6.49||0.00%|
|20 Yr Fixed||6.625%||6.692%||240 payments of $7.53||0.00%|
|15 Yr Fixed||6.375%||6.457%||180 payments of $8.64||0.00%|
|10 Yr Fixed||6.125%||6.238%||120 payments of $11.16||0.00%|
Payments do not include taxes and insurance (if applicable) and the actual payment obligation will be greater.
*Annual Percentage Rate (APR) includes fee estimates for commitment fee, flood certification, real estate tax service, settlement / closing, fifteen (15) days of prepaid interest, an origination fee, and points, if applicable. Rates quoted are for purchase transactions only, single-family, owner-occupied primary and secondary residences located in New Jersey, and based on the following assumptions: 80% LTV, 720+ credit, $400,000 loan amount, no subordinate financing. Your actual rate will depend upon several factors including, but not limited to, the loan type, loan size, property type, your credit score and property value. Private mortgage insurance (“PMI”) may be required if your loan to value exceeds 80%. If PMI is required, the mortgage insurance premium may increase the APR and monthly mortgage payment. Terms apply to conforming loan amounts.
Property insurance required; flood insurance may be required. Loans subject to credit approval.