| |
| Fixed Rate Mortgages as of
May 7, 2008 |
| |
Owner-Occupied Mortgage Loans (1-4 Family) |
| |
| Program |
Down Payment |
Maximum Loan |
Maximum Term |
Interest Rate |
Points |
Annual
Percentage
Rate |
Monthly P&I* PER $1,000 |
| 30 Years |
20% |
See Below For Loan Limits |
30 Years |
5.625% |
2 |
5.810% |
$5.76 |
| 20 Years |
20% |
20 Years |
5.500% |
2 |
5.747% |
$6.88 |
| 15 Years |
20% |
15 Years |
5.000% |
2 |
5.308% |
$7.91
|
| 10 Years |
20% |
10 Years |
4.625% |
2 |
5.062% |
$10.42 |
| Bi-Weekly |
20% |
30 Years |
5.625% |
1 |
5.730% |
$5.76 |
| NO POINTS/NO CLOSING COST PROGRAMS |
| 30 Years |
20% |
Minimum $100,000 |
30 Years |
6.625% |
0 |
6.625% |
$6.40 |
| 15 Years |
20% |
15 Years |
6.000% |
0 |
6.000% |
$8.44 |
| 10 Years |
20% |
10 Years |
5.625% |
0 |
5.625% |
$10.91 |
| Fixed Rate Loan Limits: |
1 Unit, $417,000; 2 Unit, $533,850; 3 Unit, $645,300;
4 Unit, $801,950 |
|
|
|
* (P&I) Principal and Interest
You can apply for a fixed rate mortgage online and speed up your loan processing time by clicking
on the "Online Mortgages" link above. If you have any questions about East Boston Savings Bank's
residential loans or services, please contact our Call Center at (800) 657-3272, or click
"Contact Us" to e:mail our Residential Lending Division.
|
|
Equal Housing Lender.