Conventional Loan Amounts - Applications Received On or After January 1, 2025.
Number of Units
1
2
3
4
Maximum Original Loan Amount
$806,500
$1,032,650
$1,248,150
$1,551,250
Offered Rates and Terms are subject to change without notice. Call for current rates. Offer available on owner occupied, 1-4 family residences only. If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and insurance premiums if applicable. Property insurance and flood insurance, if applicable, are required. Membership eligibility requirements apply. Other restrictions may apply.
*APR= Annual Percentage Rate. Adjustable Rate Mortgage (ARM) and their APRs are subject to increase after consummation.
The APR is effective 12/26/2024 and is based on a $100,000 loan with 20% down payment and no points on a 30-year term. Interest rate and monthly payments are fixed for the initial term and then adjust thereafter by a margin over the index. Monthly payments shown do not include amounts for taxes and insurance premiums and, if applicable, the actual payment obligations will be greater. The Index for the 3/1 ARM, 5/1 ARM, 7/1 ARM, 10/1 ARM and 15/1 ARM is the average weekly yield for 1-Year Constant Maturity Treasuries with a Margin of 2.75%, a 2% adjustment cap and a 6% lifetime cap. The Index for the 5/5 ARM is the average weekly yield for a 5-Year Constant Maturity Treasuries with a Margin of 2.75%, a 2% adjustment cap and a 5% lifetime cap.
For more information please contact our Mortgage Consultants or call the contact center at 781-784-7725 or toll free at 877-661-3300