September 3, 2010
| TERM | RATE | POINTS | ANNUAL PERCENTAGE RATE (APR)(E) | MINIMUM DOWN PAYMENT | MONTHLY PAYMENT (E) | FIXED RATES
Fixed Rate to $417,000 - call for rates and details on fixed rate loans over $417,000
| | 15 years | 3.75% | 0 | 3.7924% | 5% | $727.22 | | 20 years | 4.25% | 0 | 4.2837% | 5% | $619.23 | | 30 years | 4.375% | 0 | 4.3996% | 5% | $499.29 | ADJUSTABLE RATES
10-30 years* - APR may vary - No Title Insurance
No Private Mortgage Insurance (PMI) at or below 85% Loan to Value (LTV)
| | Adjusts every 3 years | 4.00% | 0 | 3.6369% | 5% | $477.42 | | Adjusts every 5 years | 4.00% | 0 | 4.1039% | 5% | $477.42 | | Rate stays the same for 7 years, then adjusts every 3 years | 4.75% | 0 | 4.1236% | 5% | $521.65 | | 15/1 ARM - rate stays the same for the initial 15 years and then adjusts every year thereafter | 5.125% | 0 | 4.8041% | 5% | $544.49 | SONYMA - rates DO NOT include Down Payment Assistance Loan (DPAL). Call for details. Additional benefits apply under the SONYMA Homes for Veterans program. Call for details.
| | Achieving the Dream | 3.50% | 0 | 3.5171% | 3% | $449.04 | | Low Interest Rates | 4.00% | 0 | 4.0176% | 3% | $477.42 |
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Monthly payment assumes a loan amount of $100,000. Rates are subject to change without notice, and subject to credit approval. For adjustable rate mortgages, monthly payment is calculated using 30-year loan rates and may increase during the term of the loan. APR assumes a 20% down payment. Rates quoted for owner occupied properties only. Additional rates and charges may apply for other property types. Homeowners Insurance is required. Flood Insurance may be required. Call one of our mortgage officers for more information. |
Main Office:
607-266-5440
Auburn:
315-253-4310, ext 11525 -Lisa Giannone
Cortland:
607-662-0376, ext 11436 -Kevin Cartmill
Financial Center:
607-266-5449 - Sherl Walters
607-266-5448 - Debby Augst
607-266-5485 -Judy Malys(Formerly Judy Van Nest)