888.562.6727 • 973.473.2200
NASDAQ: CSBK Quote

 
 
Print this page

Home Mortgage Loans
Interest Rates and Terms

Download Application Package | Email Question or Comment

Maximum Mortgage Calculator | Mortgage Loan Calculator | Alternative Payment Frequencies Calculator

                                                                                                                                Effective: 08/12/2010
Type
Term
Rate
Points
APR**
Payment per $1000  
Max LTVR
Max Loan
Fixed
Fixed
Fixed
30
20
15
4.625%
4.375%
4.125%
0
0
0
4.670%
4.434%
4.196%
$5.14
$6.26
$7.46
90%
90%
90%
$500,000
$500,000
$500,000
Jumbo
Jumbo
Jumbo
30
20
15
4.875%
4.625%
4.375%
0
0
0
4.919%
4.682%
4.444%
$5.29
$6.40
$7.59
#
#
#
$1,000,000
$1,000,000
$1,000,000
ARM
ARM
ARM
ARM
ARM
10/1/30
7/1/30
5/1/30
3/3/30
1/1/30
4.250%
4.125%
3.875%
3.625%
3.250%
0
0
0
0
0
3.814%
3.566%
3.343%
3.758%
3.051%
$4.92
$4.85
$4.70
$4.56
$4.35
90%
90%
90%
90%
90%
$500,000*
$500,000*
$500,000*
$500,000*
$500,000*

**APR = Annual Percentage Rate
# $500,001-$750,000, max LTVR 70%; $750,001-1,000,000, max LTVR 60%
*ARM - Adjustable Rate Mortgage loans: $500,001-$750,000, maximum LTVR 70%; $750,001-1,000,000, maximum LTVR 60%.
 ARM payments are subject to change after the loan is closed due to market-driven changes to the index; rates and payments may increase after loan consummation.

Interest rates and terms are subject to change without prior notice
Conforming Loan Amounts & Loan to Value Ratios (LTVR)
Loans over 80% LTVR must have private mortgage insurance.
1 Family, Condos: $500,000 maximum $25,000 minimum
2 Family: $600,000 maximum $25,000 minimum
3 Family: $750,000 maximum $25,000 minimum
4 Family: $1,000,000 maximum $25,000 minimum
Purchase
1 Family: 90% LTVR accepted with private mortgage insurance (For loans up to $417,000)
Condominium: 80% LTVR
2-4 Family: 80% LTVR
Second Home: 80% LTVR Interest rate 1/4% higher / 1 Family only
Investment: 75% Interest rates 1/2% higher
Construction - Permanent Loans
(Please call the mortgage department for details)
Refinance
1-4 Family: 80% LTVR
Condominium: 80% LTVR
Second Home: 75% LTVR Interest rates 1/4% higher / 1 Family only
Investment: 70% LTVR Interest rates 1/2% higher
Jumbo Loan Amounts & Loan to Value Ratios
1 Family, Condos: $500,001 -$750,000 70% LTVR
2 Family: $600,001 - $750,000 70% LTVR
3 Family: $750,001 - $1,000,000 60% lLTVR
4 Family: Up to $1,000,000 80% LTVR
All 1-2 Family loans: $750,001 - $1,000,000 60% LTVR
Application Fee: $590, due after initial disclosures provided
                          (Appraisal, credit report, flood certification fees will be billed separately)

Mortgage Glossary - Home Buyer's Vocabulary
Buying Your Home
Consumer Handbook on Adjustable Rate Mortgages