Variety of Mortgage Loan Rates from Reliance Bank
Effective Date: Sunday, January 20, 2019| Maximum Loan Term | Interest Rate | APR | Payment Per $1,0004 |
|---|---|---|---|
| 15-Year Servicing Released | 3.750% | 3.857% | $7.27 |
| 20-Year Servicing Released | 4.125% | 4.209% | $6.13 |
| 30-Year Servicing Released | 4.375% | 4.437% | $4.99 |
| 15-Year Fixed | 3.875% | 3.963% | $7.33 |
| 20-Year Fixed | 4.250% | 4.320% | $6.19 |
| 30-Year Fixed | 4.500% | 4.551% | $5.07 |
| 30-Year 7/1 Adjustable1 | 4.250% | 4.862% | $4.925 |
| JUMBO 30-Year 7/1 Adjustable1 | 5.490% | 5.430%9 | $5.675 |
| 30-year 5/1 Adjustable2 | 5.250% | 5.354% | $5.526 |
| 25-Year 5/1 Adjustable2/8 (Investment Property Only) | 5.750% | 6.000% | $6.296 |
| 30-Year 1/1 Adjustable3 | 4.500% | 5.312% | $5.077 |
| Maximum Loan Term | Interest Rate | APR | Payment Per $1,0004 | |
|---|---|---|---|---|
| 15-Year Fixed Portfolio Mortgage | 5.500% | 5.592% | $8.17 | How to Apply |
| Construction 30-Year 5/1 Adjustable2 | 5.250% | 5.391% | $5.526 | How to Apply |
| Construction 30-Year 1/1 Adjustable3 | 4.500% | 5.35% | $5.077 | 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 $453,101.
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.