Limited to the State of Maryland
Effective as of 08/30/2024
Conforming Mortgage Rates for up to $500,000
| Type | Term | LTV | Interest Rate | Annual Percentage Rate | Points | Payment per $1,000 |
| Fixed | 15 years | up to 95% | 6.125% | 6.398% | 0 | $8.50 |
| Fixed | 20 years | up to 95% | 6.25% | 6.470% | 0 | $7.30 |
| Fixed | 30 years | up to 95% | 6.50% | 6.671% | 0 | $6.32 |
| Fixed | 30 years | up to 95% | 6.375% | 6.642% | 1 | $6.23 |
| 5 Year Adjustable Rate Mortgage | 30 years | up to 95% | 6.25% | 6.531% | 0 | $6.15 |
| 5 Year Adjustable Rate Mortgage | 30 years | up to 95% | 6.125% | 6.578% | 1 | $6.07 |
| Construction Permanent Loan | 30 years | up to 80% | 6.75% | 7.061% | 1 | $6.48 |
| Fixed |
| Term: 15 Years |
| LTV: up to 95% |
| Interest Rate: 6.125% |
| Annual Percentage Rate: 6.398% |
| Points: 0 |
| Payment Per $1,000: $8.50 |
| Fixed |
| Term: 20 Years |
| LTV: up to 95% |
| Interest Rate: 6.25% |
| Annual Percentage Rate: 6.470% |
| Points: 0 |
| Payment Per $1,000: $7.30 |
| Fixed |
| Term: 30 Years |
| LTV: up to 95% |
| Interest Rate: 6.50% |
| Annual Percentage Rate: 6.671% |
| Points: 0 |
| Payment Per $1,000: $6.32 |
| Fixed |
| Term: 30 Years |
| LTV: up to 95% |
| Interest Rate:6.375% |
| Annual Percentage Rate: 6.642% |
| Points: 1 |
| Payment Per $1,000: $6.23 |
| 5 Year Adjustable Rate Mortgage |
| Term: 30 Years |
| LTV: up to 95% |
| Interest Rate: 6.25% |
| Annual Percentage Rate: 6.531% |
| Points: 0 |
| Payment Per $1,000: $6.15 |
| 5 Year Adjustable Rate Mortgage |
| Term: 30 Years |
| LTV: up to 95% |
| Interest Rate: 6.125% |
| Annual Percentage Rate: 6.578% |
| Points: 1 |
| Payment Per $1,000: $6.07 |
| Construction Permanent Loan |
| Term: 30 Years |
| LTV: up to 80% |
| Interest Rate: 6.75% |
| Annual Percentage Rate: 7.061% |
| Points: 1 |
| Payment Per $1,000: $6.48 |
Home Equity
*Home Equity LOC not offered at this time
| Type | Term | LTV | Interest Rate | Annual Percentage Rate | Points | Payment per $1,000 |
| Fixed Rate | 10 years | 80% | 7.25% | 7.666% | 0 | $11.74 |
| Fixed Rate | 15 years | 80% | 7.50% | 7.803% | 0 | $9.27 |
| Fixed Rate |
| Term: 10 Years |
| LTV: 80% |
| Interest Rate: 7.25% |
| Annual Percentage Rate: 7.666% |
| Points: 0 |
| Payment Per $1,000: $11.74 |
| Fixed Rate |
| Term: 15 Years |
| LTV: 80% |
| Interest Rate: 7.50% |
| Annual Percentage Rate: 7.803% |
| Points: 0 |
| Payment Per $1,000: $9.27 |
Jumbo Mortgage Rates
| Type | Term | LTV | Interest Rate | Annual Percentage Rate | Points | Payment per $1,000 |
| Fixed | 15 years | up to 95% | 6.50% | 6.625% | 0 | $8.71 |
| Fixed | 30 years | up to 95% | 7.125% | 7.209% | 0 | $6.73 |
| Fixed | 30 years | up to 95% | 7.00% | 7.184% | 1 | $6.65 |
| 5 Year Adjustable Rate Mortgage | 30 years | up to 95% | 6.50% | 6.540% | 0 | $6.32 |
| Construction Permanent Loan | 30 years | up to 80% | 7.00% | 7.144% | 1 | $6.65 |
| Fixed Rate |
| Term: 15 Years |
| LTV: up to 95% |
| Interest Rate: 6.50% |
| Annual Percentage Rate: 6.625% |
| Points: 0 |
| Payment Per $1,000: $8.71 |
| Fixed Rate |
| Term: 30 Years |
| LTV: up to 95% |
| Interest Rate: 7.125% |
| Annual Percentage Rate: 7.209% |
| Points: 0 |
| Payment Per $1,000: $6.73 |
| Fixed Rate |
| Term: 30 Years |
| LTV: up to 95% |
| Interest Rate: 7.00% |
| Annual Percentage Rate: 7.184% |
| Points: 1 |
| Payment Per $1,000: $6.65 |
| 5 Yr Adjustable Rate Mortgage |
| Term: 30 Years |
| LTV: up to 95% |
| Interest Rate: 6.50% |
| Annual Percentage Rate: 6.540% |
| Points: 0 |
| Payment Per $1,000: $6.32 |
| Construction Permanent Loan |
| Term: 30 Years |
| LTV: up to 80% |
| Interest Rate: 7.00% |
| Annual Percentage Rate: 7.144% |
| Points: 1 |
| Payment Per $1,000: $6.65 |
Notes
All rates based on owner-occupied dwelling only.
APR calculated on loans based at 80% LTV.
APR based on a loan balance of $100,001.00 for conforming loans and $500,001.00 for jumbo loans.
Home Equity Annual Percentage Rate (APR) is calculated on a loan balance of $100,000.00
All Adjustable Rate Mortgages are amortized over 30 years.
For Adjustable Rate Mortgages there is a 2% cap per 3 or 5 years.
For Adjustable Rate Mortgages there is a 6% cap over lifetime of loan on a 3 or 5 year adjustable mortgage.
Payment amounts listed above for adjustable rate mortgages are initial payments for the first 3 or 5 year term.
Please note that the annual percentage rate can increase or decrease after the consummation of the loan for all Adjustable Rate Mortgages.
Fees for appraisal and credit report may be required at time of application. Fees may vary.
Property and flood insurance may be required.
Since taxes and insurance are not included in the payment amount above, your actual monthly obligation would be greater.
Private Mortgage Insurance (PMI) required on LTVs over 80%.
All loans subject to bank’s normal underwriting standards.
Equal Housing Lender
NMLS ID# 539405