Mortgage Loans

 
15 Year Fixed 20 Year Fixed 30 Year Fixed
  • All loans are for owner occupied 1-4 family dwellings only.
  • New Jersey properties only.
  • Now serving all of Bergen, Passaic, Essex, Hudson, Union, Morris, Sussex, Warren, Middlesex, Mercer, Somerset and Hunterdon Counties.
  • Minimum loan amount: $25,000 Maximum loan amount: $1,500,000.00.
  • Purchases — 10% Minimum down payment. PMI required on all loans above 80% loan to value.
  • First-time Home Buyer programs are available. Call for information.

Mortgage Loan Rates Effective November 10, 2017


Term Points Rate APR** Monthly Payment Per $1,000 Borrowed
15 Year Fixed 0 2.875% 2.947% $6.85
  1 2.625% 2.840% $6.73
  2 2.375% 2.734% $6.61
  3 2.125% 2.628% $6.49
20 year Fixed 0 3.375% 3.431% $5.74
  1 3.125% 3.294% $5.61
  2 2.875% 3.156% $5.48
  3 2.625% 3.017% $5.36
30 Year Fixed 0 3.875% 3.916% $4.70
  1 3.625% 3.748% $4.56
  2 3.375% 3.578% $4.42
  3 3.125% 3.408% $4.28

 

**Annual Percentage Rate Calculation based on $100,000 loan

*Application fee refunded after loan closing.

The payments do not include amounts for taxes and insurance premiums, if applicable, and that the actual payment obligation will be greater. Property insurance required. Flood insurance may be required.

Please note:
The rates listed above are subject to change at any time without notice. All loans are subject to credit approval.

Investment Property Loans Available - Call for Rates

Fee Schedule:

The appropriate Origination Fee is due with the return of your "initial disclosures"

One Family - $500.00

2-4 Family - $650.00

Attorney Review Fee - $200.00 (Payable at closing)

Refinances - LOAN AMOUNT UP TO $1,000,000 - 75% maximum loan to value.
OVER $1,000,000 LOAN AMOUNT - maximum loan to value 70%

Whether you are a first time homebuyer or looking to purchase a second home or refinance your current home, our residential mortgage experts can help you every step of the way from application to closing. We provide fast, reliable service. You can choose from a variety of terms designed to meet your specific repayment goals.

For current rate and fee information call 973-636-2596.

For your convenience, you can download the application to complete, and then return it to our Mortgage Department at "250 Lincoln Ave, Hawthorne, NJ"
This application requires legal size paper in your printer.

Mortgage Applicaton

 

 View your Home Loan Toolkit – A Step by Step Guide.