10 & Done
Would you like to take advantage of the low mortgage rates but don’t want to pay the high cost to refinance?
Our 10 & Done program has a term of 10 years at the current fixed rate as low as 2.89%, while our 7 & Done has a term of 7 years at the current fixed rate as low as 2.69%. These special rates are available with 50% new money. And for a limited time, both come with only $299 in closing costs! With our special programs, you can refinance your existing first mortgage balance or combine your existing 1st and 2nd mortgage balances. Low rates are also available for loans with less than 50% new money. Contact us for more details.
For example, with a loan amount of $60,000 for 7 years at a rate of 2.69%, the APR would be 2.834% with the $299 loan origination fee included. The approximate payment would be $784.40 per month. With a loan amount of $60,000 for 10 years at a rate of 2.89%, the APR would be 2.994% with the $299 loan origination fee included. The approximate payment would be $576.31 per month.
Please call 1-800-348-4738 or stop by your nearest branch to find out additional information or to apply.
APR = Annual Percentage Rate. This product is not eligible for real estate purchase transactions. Closing costs to borrower include $299 loan origination fee and appraisal fee (if required). All other costs are paid by the lender unless further disclosed. Appraisals will be required on all loan amounts exceeding $250,000 or LTV in excess of 70%. Loan amounts in excess of $250,000 will require title insurance and will be paid for by the borrower. Borrower will be responsible for cost of subordinating any junior liens currently in force on the subject property. All applications will be subject to credit review and approval. Actual interest rate charged will be based on the highest of the credit scores of all applicants. This does not constitute a commitment to lend. Must be 50% new money to qualify for special rates.