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PURCHASE ONLY MORTGAGE RATES |
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ADJUSTABLE RATES |
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Owner occupied 1-4 family dwellings |
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Minimum 5%
Down Payment* |
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MONTHLY |
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PAYMENT |
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APPLY
ONLINE |
RATE |
POINTS |
CAPS |
APR |
TERM |
PER $1,000 |
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1-year ARM |
3.750% |
2 |
2%/6% |
4.524% |
30 year |
$4.63
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1-year ARM |
4.250% |
0 |
2%/6% |
5.017% |
30 year |
$4.92
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1-year ARM |
4.625% |
0 |
1%/6% |
4.431% |
30 year |
$5.14
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3/1 ARM |
4.875% |
0 |
2%/6% |
4.529% |
30 year |
$5.29
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APR assumes 5% down payment on $100,000 mortgage for
terms stated above, as of 03/14/08 |
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Maximum loan amount $417,000.00 |
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Minimum 3%
Down Payment* |
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5/1 ARM |
5.250% |
0 |
2%/6% |
5.541% |
30 year |
$5.52
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10/1 ARM* |
5.740% |
0 |
5%/2%/5% |
5.301% |
30 year |
$5.83
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*Application Interest
Rate may be reduced by 1/4% if Borrower has a Chelsea Groton Relationship
Checking Account with Direct Deposit (Certain Restrictions Apply) |
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APR assumes 3% down payment on $100,000 mortgage for
terms stated above, as of 03/14/08 |
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Maximum loan amount $417,000.00 |
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Owner occupied 1-4 family dwellings |
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Minimum 10%
Down Payment* |
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Convertible |
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1-year ARM |
5.125% |
0.25 |
2%/6% |
4.497% |
30 year |
$5.44
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APR assumes 10% down payment on $100,000 mortgage
for terms stated above, as of 03/11/08 |
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Maximum loan amount $417,000 ($533,850 for
2-family). |
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For all owner occupied dwellings, the interest rate
is adjusted by adding a margin of 2.75% to |
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the weekly average yield on U. S. Treasury
securities adjusted to a constant maturity of 1 year. |
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FIXED RATES |
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Purchase of Owner occupied 1-4 family dwellings only |
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Minimum 5%
Down Payment* |
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MONTHLY |
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PAYMENT |
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TERM |
RATE |
POINTS |
APR |
PER $1,000 |
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40 year |
6.500% |
0.25 |
6.568% |
$5.85
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30 year |
6.125% |
0 |
6.177% |
$6.08
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30 year |
6.000% |
0.25 |
6.074% |
$6.00
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30 year |
5.625% |
2.25 |
5.882% |
$5.76
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15 year |
5.625% |
0 |
5.998% |
$8.24
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15 year |
5.500% |
0.25 |
5.905% |
$8.17
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15 year |
5.000% |
2.25 |
5.417% |
$7.91
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APR assumes 20%down payment on $100,000 mortgage for
terms stated above, as of 04/24/08 |
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Maximum loan amount $417,000 ($533,850 for
2-family). |
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APPLY
ONLINE |
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*Private mortgage insurance is required for loans
with less than 20% down; a minimum |
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of 5% down payment is required for 1-2 family
dwellings; 10% for condominiums. |
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We
also offer 10-year fixed rate mortgages, bi-weekly fixed rate loans, jumbo
loans, land loans, |
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seasonal
and second home loans and loans on non-owner occupied properties. |
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Just call (860) 448-4112 for details. |
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| ALL RATES, TERMS AND CONDITIONS SUBJECT TO CHANGE. SUBJECT TO
CREDIT APPROVAL |
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Member FDIC. Equal Housing Lender. Effective 04/24/08 Last Revision 04/09/08 www.chelseagroton.com |
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