Residential Loan Rates

Residential First Mortgage

Owner Occupied | Fixed Rate

Conforming Loans*

Type	Term	Interest Rate	APR**	Payment per $1,000
10 Year Fixed	10	6.375%	6.758%	$11.29
15 Year Fixed	15	6.500%	6.774%	$8.71
20 Year Fixed	20	6.625%	6.846%	$7.53
25 Year Fixed	25	6.750%	6.940%	$6.91
30 Year Fixed	30	6.875%	7.047%	$6.57

*Conforming Loans

Max loan amount of $766,550

Down payment of less than 20% requires PMI resulting in higher payments and APR.

Condo/Townhouse max 75% LTV.

Cash Out Refinance transactions add 0.125% to the above stated rates.

*Current interest rates and APRs are based on the following assumptions: purchase of a single-family primary residence in NJ, minimum credit score of 740, a maximum 75% LTV, and 1.00% in discount points as a cost to borrowers. Rates, terms, and fees as of 12/19/2024 4:00 PM Eastern Standard Time and subject to change without notice. Other factors or criteria may affect rate.

**APR= Annual Percentage Rate. APR based on a $100,000 loan.

Super Conforming Loans**

Type	Term	Interest Rate	APR**	Payment per $1,000
10 Year Fixed	10	6.625%	7.013%	$11.42
15 Year Fixed	15	6.750%	7.028%	$8.85
20 Year Fixed	20	6.875%	7.099%	$7.68
25 Year Fixed	25	7.000%	7.194%	$7.07
30 Year Fixed	30	7.125%	7.300%	$6.74

**Super Conforming Loans

Max loan amount of $1,149,825

Down payment of less than 20% requires PMI resulting in higher payments and APR.

Condo/Townhouse max 75% LTV.

Cash Out Refinance transactions add 0.125% to the above stated rates.

**APR= Annual Percentage Rate. APR based on a $100,000 loan.

Jumbo Loans***

Type	Term	Interest Rate	APR**	Payment per $1,000
10 Year Fixed	10	6.750%	7.140%	$11.48
15 Year Fixed	15	6.875%	7.154%	$8.92
20 Year Fixed	20	7.000%	7.226%	$7.75
25 Year Fixed	25	7.125%	7.321%	$7.15
30 Year Fixed	30	7.250%	7.427%	$6.82

***Jumbo Loans

Max loan amount - Call for details

Down payment of less than 20% requires PMI resulting in higher payments and APR.

Condo/Townhouse max 75% LTV.

Cash Out Refinance transactions add 0.125% to the above stated rates.

**APR= Annual Percentage Rate. APR based on a $100,000 loan.

Adjustable Rate Mortgages

Conforming and Super Conforming Loans*

Type	Term	Interest Rate	APR**	Payment per $1,000
5/5/30 ARM	30	7.000%	7.174%	$6.65
6/1/30 ARM	30	6.875%	7.113%	$6.57
7/1/30 ARM	30	7.000%	7.174%	$6.65
10/1/30 ARM	30	7.125%	7.300%	$6.74

*Conforming and Super Conforming Loans
Max Loan amount – $1,149,825

Down payment of less than 20% requires PMI resulting in higher payments and APR.

Condo/Townhouse max 75% LTV.

Cash Out Refinance transactions add 0.125% to the above stated rates.

Jumbo**

Type	Term	Interest Rate	APR**	Payment per $1,000
5/5/30 ARM	30	7.250%	7.427%	$6.82
6/1/30 ARM	30	7.125%	7.300%	$6.74
7/1/30 ARM	30	7.250%	7.427%	$6.82
10/1/30 ARM	30	7.375%	7.554%	$6.91

**Jumbo
Max Loan amount – Call for details

Down payment of less than 20% requires PMI resulting in higher payments and APR.

Condo/Townhouse max 75% LTV.

Cash Out Refinance transactions add 0.125% to the above stated rates.

Investment Property | Fixed Rate

Type	Term	Interest Rate	APR**	Payment per $1,000
10 Year Fixed	10	6.875%	7.267%	$11.55
15 Year Fixed	15	7.000%	7.281%	$8.99
20 Year Fixed	20	7.250%	7.480%	$7.90
25 Year Fixed	25	7.375%	7.575%	$7.31
30 Year Fixed	30	7.500%	7.681%	$6.99

Max Loan amount – $1,149,825

1-2 Family max 70% LTV - Condo/Townhouse max 65% LTV.

Cash Out Refinance transactions add 0.125% to the above stated rates.