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.