Affordable Mortgage Rates from Reliance Bank

Variety of Mortgage Loan Rates from Reliance Bank

Effective Date: Saturday, March 6, 2021
Maximum Loan Term Interest Rate APR Payment
Per $1,0004
15-Year Fixed Refinance 2.250% 2.338% $6.51
20-Year Fixed Refinance 2.625% 2.694% $5.36
30-Year Fixed Refinance 2.875% 2.924% $4.15
15-Year Fixed Purchase 2.250% 2.356% $6.51
20-Year Fixed Purchase 2.625% 2.704% $5.36
30-Year Fixed Purchase 2.875% 2.931% $4.15
30-Year 7/1 Adjustable1 3.875% 3.328% $4.285
JUMBO 30-Year 7/1 Adjustable1 4.375% 3.534%9 $4.995
30-year 5/1 Adjustable2 3.990% 3.240% $4.776
25-Year 5/1 Adjustable2/8
(Investment Property Only)
4.990% 4.180% $5.366
30-Year 1/1 Adjustable3 3.990% 2.903% $4.777
30-Year Freddie Mac Home Possible10 2.875% 2.694% $4.15
Maximum Loan Term Interest Rate APR Payment
Per $1,0004
 
15-Year Fixed Portfolio Mortgage 3.000% 3.104% $6.91 How to Apply
Construction 30-Year 5/1 Adjustable2 3.990% 3.104% $4.776 How to Apply
Construction 30-Year 1/1 Adjustable3 3.990% 3.014% $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.