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: 01/26/2012
Type
Term
Rate
Points
APR**
Payment per $1000  
Max LTVR
Max Loan
Fixed
Fixed
Fixed
30
20
15
4.000%
3.750%
3.250%
0
0
0
4.034%
3.797%
3.310%
$4.78
$5.93
$7.03
90%
90%
90%
$500,000
$500,000
$500,000
Jumbo
Jumbo
Jumbo
30
20
15
4.250%
4.000%
3.500%
0
0
0
4.282%
4.044%
3.555%
$4.92
$6.06
$7.15
#
#
#
$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
3.500%
3.375%
3.125%
2.875%
2.750%
0
0
0
0
0
3.282%
3.133%
2.988%
3.096%
2.889%
$4.49
$4.42
$4.28
$4.15
$4.08
90%
90%
90%
90%
90%
$500,000*
$500,000*
$500,000*
$500,000*
$500,000*

**APR = Annual Percentage Rate
The payment per $1000 shown above does not include amounts for taxes and insurance premiums, if applicable. Your actual payment obligation will be higher.
# $500,001-$750,000, max LTVR 75%; $750,001-1,000,000, max LTVR 65%
*ARM - Adjustable Rate Mortgage loans: $500,001-$750,000, maximum LTVR 75%; $750,001-1,000,000, maximum LTVR 65%.
 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 75% LTVR
2 Family: $600,001 - $750,000 75% LTVR
3 Family: $750,001 - $1,000,000 65% lLTVR
4 Family: Up to $1,000,000 80% LTVR
All 1-2 Family loans: $750,001 - $1,000,000 65% 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