Mortgage Rates
RESIDENTIAL MORTGAGE RATES 1-4 FAMILY PROPERTIES IN NEW JERSEY Rates as of Monday, May 20, 2013
Click Here for Special Rates for Bergen, Passaic, and Morris County homes if your total family income is less than $72,720.
“ZERO CLOSING COST LOANS”
***No Title, Appraisal, Underwriting, and Credit Report Costs***
$400 refundable application fee will be refunded when your loan closes.
F ixed Rates Interest Rate APR Cost Per $1,000 Apply
30 Year Fixed to $417,000 3.750% 3.772% $4.63 Apply
30 Year Fixed to $625,000 4.000% 4.024% $4.77 Apply
30 Year Fixed to $1,500,000 4.000% 4.020% $4.77 Apply
20 Year Fixed to $417,000 3.625% 3.656% $5.86 Apply
20 Year Fixed to $625,000 3.625% 3.655% $5.86 Apply
20 Year Fixed to $1,500,000 3.625% 3.653% $5.86 Apply
15 Year Fixed to $417,000 3.000% 3.041% $6.91 Apply
15 Year Fixed to $625,000 3.125% 3.161% $6.97 Apply
15 Year Fixed to $1,500,000 3.125% 3.158% $6.97 Apply
10 Year Fixed to $417,000 2.875% 2.943% $9.60 Apply
10 Year Fixed to $625,000 3.000% 3.051% $9.66 Apply
10 Year Fixed to $1,500,000 3.000% 3.897% $9.66 Apply
Adjustable Rates
5/1 ARM to $1,500,000 3.000% 2.954% $4.22 Apply
7/1 ARM to $1,500,000 3.125% 3.021% $4.28 Apply
10/1 ARM to $1,500,000 3.875% 3.514% $4.70 Apply
Above rates are for rate/term refinances of a primary residence with a 740+ credit score and a maximum 75% loan to value. A higher rate may apply for lower credit scores, higher loan to value, cash out refinance, condominiums and 2-4 family homes. Condominiums are required to be Fannie Mae warrantable.
“WITH CLOSING COST LOANS”$500 application fee for 1 family homes, $595 application fee for 2-4 family homes
Fixed Rates Interest Rate APR Cost Per $1,000 Apply
30 Year Fixed to $417,000 3.625% 3.702% $4.56 Apply
30 Year Fixed to $625,000 3.875% 3.927% $4.70 Apply
30 Year Fixed to $1,500,000 3.875% 3.901% $4.70 Apply
20 Year Fixed to $417,000 3.500% 3.608% $5.80 Apply
20 Year Fixed to $625,000 3.500% 3.569% $5.80 Apply
20 Year Fixed to $1,500,000 3.500% 3.553% $5.80 Apply
15 Year Fixed to $417,000 2.750% 2.886% $6.79 Apply
15 Year Fixed to $625,000 3.000% 3.085% $6.91 Apply
15 Year Fixed to $1,500,000 3.000% 3.066% $6.91 Apply
10 Year Fixed to $417,000 2.625% 2.823% $9.48 Apply
10 Year Fixed to $625,000 2.875% 2.998% $9.60 Apply
10 Year Fixed to $1,500,000 2.875% 2.966% $9.60 Apply
Adjustable Rates
5/1 ARM to $1,500,000 2.750% 2.911% $4.08 Apply
7/1 ARM to $1,500,000 2.875% 3.021% $4.15 Apply
10/1 ARM to $1,500,000 3.625% 3.359% $4.56 Apply
“SPECIAL RATES”For Homes in Bergen & Passaic Counties and total family income is less than $72,720 or
For Homes in Morris County and total family income is less than $71,280.
Product Interest Rate APR Cost Per $1,000 Apply
30 Year Fixed Loan Amt to $417,000 % % $ Apply
15 Year Fixed Loan Amt to $417,000 % % $ Apply
5/1 ARM Loan Amt to $417,000 % % $ Apply
