Affordable Mortgage Rates from Reliance Bank

Variety of Mortgage Loan Rates from Reliance Bank

Effective Date: Wednesday, April 8, 2020
Maximum Loan Term Interest Rate APR Payment
Per $1,0004
15-Year Servicing Released3.000%3.110%$6.91
20-Year Servicing Released3.375%3.446%$4.94
30-Year Servicing Released3.500%3.562%$4.49
15-Year Fixed3.000%3.086%$6.91
20-Year Fixed3.375%3.431%$4.94
30-Year Fixed3.500%3.548%$4.49
30-Year 7/1 Adjustable13.125%3.061%$4.285
JUMBO 30-Year 7/1 Adjustable15.250%4.605%9$5.525
30-year 5/1 Adjustable23.990%4.021%$4.776
25-Year 5/1 Adjustable2/8
(Investment Property Only)
4.990%4.887%$5.366
30-Year 1/1 Adjustable33.990%4.012%$4.777
30-Year Freddie Mac Home Possible103.500%3.548%$4.49
Maximum Loan Term Interest Rate APR Payment
Per $1,0004
 
15-Year Fixed Portfolio Mortgage5.250%5.342%$8.04 How to Apply
Construction 30-Year 5/1 Adjustable23.990%4.056%$4.776 How to Apply
Construction 30-Year 1/1 Adjustable33.990%4.047%$4.777 How to Apply

1 Interest Rate is variable and may increase after the first seven years.
2 Interest Rate is variable and may increase after the first five years.
3 Interest Rate is variable and may increase after the first year.
4 Monthly payments shown do not include taxes and insurance – actual payment obligation will be greater.
5 Monthly payments shown for first 7 years – payments may increase beginning in year 8.
6 Monthly payments shown for first 5 years – payments may increase beginning in year 6.
7 Monthly payments shown for first year – payments may increase beginning in year 2.
8 Loan must be secured by a non-owner occupied investment property.
9 Based on a loan amount of $510,400.
10 Income restrictions apply; contact a Personal Banker for complete details.

Annual Percentage Rates (APRs) shown above are based upon a loan amount of $180,000. The actual APR will vary based upon the final loan amount, loan term, Loan-to-Value, applicant’s credit worthiness and total finance charges.

Special rules and restrictions apply.

Credit subject to approval. Please contact one of our Personal Bankers for additional rates and programs.