Mortgage Rates
Rate information is current as of: February 8, 2010
St. Mary's offers a variety of programs with different rates and terms, so you can choose the mortgage plan that best suits your financial situation.
We will do our best to find one that suits your personal needs. If you don't see what you are looking for, call us to request a customized quote.
Annual Percentage Rate (APR) below assumes a 20% down payment on a loan of $175,000 for term indicated. Rates may be lower for larger loans and as a result of other factors such as credit score, please contact us or call us at 1.888.705.9596 for these special rates.
PLEASE NOTE: Interest rates and points are not "automatically" locked in at time of application. Additional processing of the application is necessary.
| Loan Type | Interest Rate | Points | APR* | Minimum Down Payment | Monthly Payment per $1,000 | 30 Year Fixed**
Based on 360 monthly payments | 4.875% | 2.000 | 5.073% | 10% | $5.29 | | 5.000% | 1.000 | 5.113% | 10% | $5.37 | | 5.125% | 0.000 | 5.149% | 10% | $5.44 | 20 Year Fixed**
Based on 240 monthly payments | 4.625% | 2.000 | 4.816% | 10% | $6.39 | | 4.750% | 1.000 | 4.901% | 10% | $6.46 | | 5.000% | 0.000 | 5.033% | 10% | $6.60 | 15 Year Fixed**
Based on 180 monthly payments | 4.125% | 2.000 | 4.466% | 10% | $7.43 | | 4.375% | 1.000 | 4.565% | 10% | $7.59 | | 4.500% | 0.000 | 4.542% | 10% | $7.65 | 10 Year Fixed**
Based on 120 monthly payments | 4.000% | 2.000 | 4.485% | 10% | $10.09 | | 4.125% | 1.000 | 4.395% | 10% | $10.15 | | 4.375% | 0.000 | 4.435% | 10% | $10.30 | 40 Year Fixed**
Based on 480 monthly payments | 5.250% | 2.000 | 5.422% | 10% | $4.99 | | 5.375% | 1.000 | 5.471% | 10% | $5.07 | | 5.500% | 0.000 | 5.521% | 10% | $5.16 | 1 Year ARM**
Based on 360 monthly payments 2% annual, 6% lifetime cap | 4.375% | 2.000 | 3.167% | 10% | $4.99 first 12 mos. | | 4.500% | 1.000 | 3.092% | 10% | $5.07 first 12 mos. | | 4.625% | 0.000 | 3.017% | 10% | $5.14 first 12 mos. | 5/1 Year ARM**
Based on 360 monthly payments 2% annual 5% lifetime cap
(Special rate for refinances only) | 4.240% | 0.000 | 3.537% | 10% | $4.90 first 60 mos. | 5/1 Year ARM**
Based on 360 monthly payments 2% annual 5% lifetime cap
(Special rate for purchases only) | 3.990% | 0.000 | 3.451% | 10% | $4.75 first 60 mos. | 5/1 Year ARM**
Based on 360 monthly payments 2% annual 5% lifetime cap | 4.240% | 2.000 | 3.704% | 10% | $4.90 first 60 mos. | | 4.615% | 1.000 | 3.753% | 10% | $5.12 first 60 mos. | | 4.990% | 0.000 | 3.802% | 10% | $5.34 first 60 mos. | 7/1 Year ARM**
Based on 360 monthly payments 2% annual 5% lifetime cap | 4.500% | 2.000 | 3.972% | 10% | $5.07 first 72 mos. | | 4.875% | 1.000 | 4.072% | 10% | $5.29 first 72 mos. | | 5.250% | 0.000 | 4.179% | 10% | $5.52 first 72 mos. | VA Loan
Based on 360 monthly payments | 5.125% | 0.250 | 5.345% | 0% | $5.44 | FHA Loan
Based on 360 monthly payments | 5.125% | 0.000 | 5.472% | 3.5% | $5.44 | NHHFA Loan
Based on 360 monthly payments | 4.375% | 1.000 | 5.000% | 3.5% | $4.99 | | 4.625% | 0.000 | 5.173% | 3.5% | $5.14 | Jumbo ($417,000 to $650,000)
Based on 360 monthly payments | 5.375% | 0.00 | 5.385% | 20% | $5.60 | Construction Loan**
Based on 360 monthly paymentsSubject to PMI and Investor requirements | 6.125% | 0.000 | 5.066% | 20% | $6.08 | Land Loan** 1 Year ARM
Based on 180 monthly payments 2% annual, 6% lifetime cap | 7.875% | 0.000 | 4.469% | 20% | $9.48 first 12 mos. |
Rates are subject to change without notice. *Annual Percentage Rate (APR) assumes a 20% down payment on a loan of $175,000 for term indicated **Rates reflect 0.125% off the Conventional Loan Rate with Automatic Funds Transfer from a St. Mary's Bank checking account.
- Pricing is based on loans for owner occupied properties.
- The rate on Adjustable Rate Mortgage (ARM) products is subject to increase at a future date after consummation of the loan.
- Additional programs and pricing tiers are available. Please contact us for specific terms.
- Rate based on 45 day rate lock, excluding FHA, VA, NHHFA and Jumbos.
- Mortgage loans may also be subject to risk-based pricing adjustments called "Loan-Level Pricing Adjustments" from Fannie Mae. All loans are priced individually
- To become a member of St. Mary's Bank, you must purchase one $5.00 share of capital stock.
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