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Personal Accounts: Mortgage
Click here for current mortgage rates
| At
a Glance |
Best
For |
Fees |
| Purchase
Mortgage Owner or Non-owner occupied Single Family and Apartment
Buildings |
| Fixed
rates for 10, 15, 20 and 30 year maturities. Also available in a 5 year balloon product – amortized
up to 30 years. |
Automatic
deductions from FNBB Checking acct. for mortgage payment; Interest
– bearing escrow account available for payment of taxes and
insurance. (Voluntary) |
$325.00
Application Fee
$275.00 Appraisal Fee
$ 16.00 Life of Loan Flood Certification, Title work, Recording
Fees, and Closing Fee from
Title company.
|
| Refinance
Mortgage Owner or Non-owner occupied Single Family and Apartment
Buildings |
Fixed
rates for 10, 15, 20 and 30 year maturities. Also available is a 5 year balloon product – amortized
up to 30 yrs.
|
Automatic
deduction from FNBB checking acct. for mortgage payment;
Interest-bearing voluntary escrow account available for payment of
taxes and insurance. No closing fee!
|
$325.00
Application Fee
$275.00 Appraisal Fee
$ 16.00 Life of Loan Flood Certification , Title work &
Recording Fees
|
| Construction
Loan |
| Interest
only prime plus 1 for 1 year. Convert to permanent financing
at maturity or upon completion. |
Room
Additions, remodeling, building that dream house! |
$325.00
Application Fee
$325.00 Appraisal Fee, Escrow fee, title charges, inspection fees
– based upon loan amt.
and number of draws.
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Mortgage Rates
Give
Us the Opportunity to be Your Mortgage Lender
We can approve a
mortgage in 3 business days on the dream home it took forever to find
|
Sample of a Fixed
Rate / 20% Down Payment Product
|
Mortgage Term
|
$0
- $99,999 |
$100,000
- $417,000 |
$417,001
- $1,000,000 |
Rate
|
APR
|
Rate |
APR |
Rate |
APR |
|
30 Yr Fixed
|
6.250%
|
6.343% |
6.125% |
6.171% |
8.125% |
8.139% |
|
20 Yr Fixed
|
6.125% |
6.247% |
6.000% |
6.066% |
8.125% |
8.143% |
|
15 Yr Fixed
|
5.875% |
6.027% |
5.750% |
5.826% |
7.875% |
7.897% |
|
10 Yr Fixed
|
5.875% |
6.091% |
5.750% |
5.857% |
7.875% |
7.906% |
|
5 Yr Balloon
|
6.125% |
6.357% |
6.000% |
6.116% |
N/A |
N/A |
|
Fee Schedule
(some fees are estimates and/or may not
be required)
¨
Application Fee - $325 ¨ Life of Loan Flood
Certification - $16 ¨ Loan Doc Fee - $125
¨ Title Insurance - $200 ¨
Recording Fees - $75 ¨ Appraisal - $275 ¨
Wire Transfer Fee - $20
5-8 Units add 1.00% to rate
9 Units and above – subject to market conditions
Investment / Non-Owner Occupied – 1.50% Points
Rates
& Fee's as of March 28, 2008 and are subject to change daily
For
more information regarding our Competitive Rates and Products, please call
Deborah
E. Sitter at (708) 485-2770, or e-mail us at:
bank@fnbb.com
Annual
Percentage Rate is
calculated on the lowest possible loan amount for each column (a $50,000
loan amount is used for the first column) with an Application Fee, Life of
Loan Flood Certification, Loan Documentation Fee and a Wire Transfer Fee
as finance charges. 30 year amortization is used on the 5 year balloon
product.
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