Home Loan Rates
Peoples Bank offers an extensive suite of mortgage products providing our customers with literally thousands of loan options and combinations. The various programs provide our customers with a number of attractive, competitive rate and cost opportunities. To determine which product(s) would be best to suit your specific lending needs, please contact a Home Loan Specialist today for a consultation.
Looking for 100% financing, 30 year*** fixed rate and no Private Mortgage Insurance (PMI)?
Fixed Home Loan Rates
Product |
Term |
Rate |
APR |
|---|---|---|---|
| Home Loan* | 15 Years |
6.125% |
6.322% |
| Home Loan** | 20 Years |
6.375% |
6.533% |
| Home Loan*** | 30 Years |
6.375% |
6.495% |
| Home Loan**** | 40 Years |
7.500% |
7.612% |
| Home Equiline Loan***** | 10 Years |
6.00% |
6.00% |
Rates may change at any time and are based on qualified buyers.
All loans may be subject to origination fees, discounted points, or closing costs.
***** Annual Percentage Rate (APR) is fixed for 5 years. At the end of the initial 5 years, the APR will be subject to change monthly based on the prime rate (currently 5.00%) plus a 0% or 1.25% margin. Maximum APR is 25.00%. A fee of $350 - $500 fee will be assessed for loans less than $25,000.00. Applicable insurances required. A $50 fee may be assessed if the credit limit is exceeded. A $15 fee may be assessed if an advance less than $300 is drawn on the line, excluding HELOC card usage.
*$90,000.00 for 15 years, 180 payments of $765.57.
**$90,000.00 for 20 years, 240 payments of $664.41.
***$90,000.00 for 30 years, 360 payments of $561.49.
****$90,000.00 for 40 years, 480 payments of $592.27.
"In House" Adjustable Rates
| Product | Term | Rate | APR |
|---|---|---|---|
| 1 Year Adjusted Home Loan* | 30 Years | 4.990% | 4.509% |
| 3 Year Adjusted Home Loan** | 30 Years | 6.250% | 4.909% |
| 5 Year Adjusted Home Loan*** | 30 Years | 6.875% | 5.456% |
Rates may change at any time and are based on qualified buyers.
All loans may be subject to origination fees, discounted points, or closing costs.
The annual percentage rate may increase after the loan is closed.
*$90,000.00 for 30 years, 360 payments of $482.59.
**$90,000.00 for 30 years, 360 payments of $554.15.
***$90,000.00 for 30 years, 360 payments of $591.24.
Click Here to meet our Home Loan Team, utilize our Financial Calculators, get commonly asked questions answered and much, much more!!
MEMBER FDIC
|
APR = Annual Percentage Rate (see loan glossary of terms). |
