Mortgage Services

We offer various mortgage solutions to suit all of your needs, whether you are buying or refinancing, or if the property is residential, investment, or commercial. Mortgage options can be very confusing and the options available to you may seem overwhelming. We will discuss each option with you until you are sure that you are comfortable with the mortgage upon which you finally decide.

The interest rates displayed below are updated daily. Because rates change frequently, your interest rate is not confirmed until you lock-in a rate with us. This rate may differ from the rate shown below depending upon market fluctuations.

UPDATED AS OF May 14, 2009 30 Year Fixed Rate Mortgage 5.000% @ 0.000 Point - 5.162% APR 4.875% @ 0.500 Point - 5.080% APR 20 Year Fixed Rate Mortgage 4.875% @ 0.000 Point - 5.093% APR 4.750% @ 0.500 Point - 5.027% APR 15 Year Fixed Rate Mortgage 4.625% @ 0.000 Point - 4.898% APR 4.500% @ 0.500 Point - 4.847% APR 3/1 Year Adjustable Rate Mortgage 5.250% @ 0.000 Point - 5.421% APR 5.000% @ 0.500 Point - 5.258% APR 5/1 Year Adjustable Rate Mortgage 4.875% @ 0.000 Point - 5.169% APR 4.750% @ 0.500 Point - 5.119% APR 7/1 Year Adjustable Rate Mortgage 5.500%@ 0.000 Point - 5.685% APR 5.250%@ 0.500 Point - 5.770%APR 7/1 ARM Jumbo Mortgage 5.750% @ 0.000 Point - 5.811% APR 5.500% @ 0.500 Point -5.616% APR 10/1 ARM Jumbo Mortgage 5.875% @ 0.000 Point - 5.938% APR 5.625% @ 0.500 Point - 5.743% APR Call for other rates, points and programs.

These rates are based upon a 30-day lock period. Conforming fixed rates are based upon loan amounts up to $417,000. Jumbo/non-conforming rates are based upon loan amounts of $417,001 and higher. All amounts of downpayment are accepted. Call us for rates and information. The annual percentage rates (APR) displayed assume a loan amount of $100,000, 20% down, 30 days prepaid interest and points as selected above. Prepaid finance charges which are used in the calculation of the APR could include the following fees: origination fee, flood search, settlement, underwriting, processing, tax service, and closing service letter, wiring and/or assignment fees.

Fixed Rate Mortgages
A fixed-rate mortgage is the most popular type of mortgage. The interest rate does not change during the term of the loan.

Adjustable Rate Mortgages (ARM)
A mortgage where the interest rate is adjusted periodically by the lender based upon changes in the index.

Jumbo Loan
A loan that exceeds $417,001, the limit determined by Fannie Mae and Freddie Mac. This loan is also referred to as a nonconforming loan.

Annual Percentage Rate (APR)
The cost of a mortgage, including interest, mortgage insurance and/or other fees.

Lock Period
A set period of time where the lender guarantees the quoted interest rate.