A Money Saver Mortgage makes it easier for you to take advantage of today’s low rates with flexible terms. And if you haven’t refinanced or have delayed refinancing because of costs, fees or added hassles, this could be an option for you.
With Money Saver Mortgage you’ll enjoy:
Lower fees and upfront costs
Competitive adjustable rate options* - 5/1 Year ARM - 7/1 Year ARM
Fixed rate options also available
Ideal for borrowers who don’t need an escrow account
*An example of a typical extension of credit with an adjustable rate is as follows: An amount financed of $25,000 with a 5/1 ARM with a 30 year amortization and an APR of 4.003% would result in the initial fixed for five years with the possibility of adjusting annually throughout the duration of the loan. The borrower will make 60 monthly payments of $119.35, then 12 monthly payments of $145.69, then 12 monthly payments of $173.69, then 276 monthly payments of $272.97. (The payment does not include taxes and insurance premiums. The actual payment obligation will be greater.)
Account openings and credit subject to Bank approval. Terms and conditions subject to change. Equal housing lender. Member FDIC.