The rates quoted are as of the effective date indicated and are subject to change without notice. To qualify for a mortgage loan, property must be within our designated lending area. The bank reserves the right to perform its due diligence, assessment of the loan application, and may modify the amount, or refrain from providing any financing according to the results of its analysis.
Please contact one of our loan officers for more information on any of the options below.
As of March 25, 2023
| Term | Rate | APR* | |
|---|---|---|---|
| 30 yrs (servicing retained) - No points | 6.750% | 6.878% | (Ex. 360 monthly payments @ $6.57 per $1,000 borrowed)** |
| 20 yrs (servicing retained) - No points | 6.450% | 6.614% | (Ex. 240 monthly payments @ $7.52 per $1,000 borrowed)** |
| 15 yrs (servicing retained) | 6.250% | 6.453% | (Ex. 180 monthly payments @ $8.69 per $1,000 borrowed)** |
| 10 yrs (servicing retained) | 5.990% | 6.273% | (Ex. 120 monthly payments @ $11.24 per $1,000 borrowed)** |
Not seeing the loan product that you are interested in?
Down payment options as low as 3% down are available with the above programs. We offer several other loan programs and rates. You can call or email one of our experienced loan officers to answer any of your questions or to ask for advice. Contact us at: 1-877-722-6243 or email: sbsionlineloancenter at sbsavings dot bank. Rates are subject to change without notice. (In-house portfolio options also available - please call).
*Annual percentage rate.
**These payments do not include amounts for taxes and insurance premiums. If applicable, the actual payment obligation will be greater.
First Time Homebuyers Programs available - contact one of our loan officers for details.
As of March 25, 2023
| Term | Rate | APR* | |
|---|---|---|---|
| **3/1 Year ARM: 16 to 30 yrs | 5.625% | 6.856% | (Ex. 360 monthly payments @ $5.76 per $1,000 borrowed)*** |
| **3/1 Year ARM: 15 yrs or less | 5.500% | 6.442% | (Ex. 180 monthly payments @ $8.17 per $1,000 borrowed)*** |
| **5/1 Year ARM: 16 to 30 yrs | 5.990% | 6.793% | (Ex. 360 monthly payments @ $5.99 per $1,000 borrowed)*** |
| **5/1 Year ARM: 15 yrs or less | 5.750% | 6.345% | (Ex. 180 monthly payments @ $8.30 per $1,000 borrowed)*** |
The interest rate on all ARM products above can increase by up to 1.50% per change date. Over the life of the loan, the interest rate on all ARM products will never be less than 3.75% nor will it ever exceed a rate equal to the initial interest rate plus 4.00%.
Down payment options as low as 3% down are available with the above programs. Other competitive rates and terms also available. These rates may increase after your loan is closed. Rates are subject to change without notice - please call one of our experienced loan officers for a quote.
*Annual percentage rate.
**For these three products, the initial interest rate may be a premium or discounted rate and may not be based on the index and margin used to make later adjustments.
***These payments do not include amounts for taxes and insurance premiums. If applicable, the actual payment obligation will be greater.
As of March 25, 2023
| Term | Rate | APR* |
|---|---|---|
| 20 yr term - 10 yr draw period (Rate is fixed for first 2 years) | 7.25% | 7.25% |
Thereafter, rate adjusts monthly equal to the Prime Rate as published in the Wall Street Journal plus 0.50%. As of March 23, 2023 the Prime Rate is 8.00%. Maximum APR is 11.25%. Minimum APR is 3.95%. Property insurance will be required for this loan. You may be required to pay certain fees (such as a title search, title insurance and/or an appraisal of your home) to third parties. These fees generally total between $0 and $1000. Pre-payment penalty of 1% of credit limit (Max $1,000.00) if closed within 12 months of closing date.
The interest rate quoted above is based on certain terms and conditions - call for details.
*Annual percentage rate.
As of March 25, 2023
| Term | Rate | APR* | |
|---|---|---|---|
| New (Untitled) - 3 yrs | 5.250% | 5.250% | (Ex. 36 monthly payments @ $30.08 per $1,000 borrowed) |
| New (Untitled) - 4 yrs | 5.375% | 5.375% | (Ex. 48 monthly payments @ $23.20 per $1,000 borrowed) |
| New (Untitled) - 5 yrs | 5.500% | 5.500% | (Ex. 60 monthly payments @ $19.10 per $1,000 borrowed) |
| New (Untitled) - 6 yrs | 5.990% | 5.990% | (Ex. 72 monthly payments @ $16.57 per $1,000 borrowed) |
| Used - 3 yrs (2019-2022) | 5.500% | 5.500% | (Ex. 36 monthly payments @ $30.20 per $1,000 borrowed) |
| Used - 4 yrs (2019-2022) | 5.625% | 5.625% | (Ex. 48 monthly payments @ $23.31 per $1,000 borrowed) |
| Used - 5 yrs (2019-2022) | 5.750% | 5.750% | (Ex. 60 monthly payments @ $19.22 per $1,000 borrowed) |
Call for rates on Unsecured Personal Loans, Collateral Loans, Home Improvement and Mobile Home Loans.
*Annual percentage rate.
