40 Year Fixed Mortgage
| Points |
Interest Rate |
APR |
|
2
|
5.875%
|
6.074%
|
|
0
|
6.375%
|
6.419%
|
|
Last Update: Nov. 15, 2008 |
|
Interest Rates subject to change without notice
Annual Percentage Rate (APR) based on $100,000.00 loan amount; 15% down. Payment example at 6.375%: 480 monthly
payments of $576.58, which includes principal and interest only. ASK US FOR DETAILS ABOUT OUR HIGHER
LOAN-TO-VALUE MORTGAGES!
40 Year Purchase Only or Construction
| Points |
Interest Rate |
APR |
|
2
|
5.750%
|
5.946%
|
|
0
|
6.250%
|
6.293%
|
|
Last Update: Nov. 15, 2008 |
|
Interest Rates subject to change without notice
Annual Percentage Rate (APR) based on $100,000.00 loan amount; 15% down. Payment example at 6.250%: 480 monthly
payments of $567.74, which includes principal and interest only. ASK US ABOUT OUR NO DOWN PAYMENT
LOANS!
30 Year Fixed Mortgage
| Points |
Interest Rate |
APR |
|
2
|
5.625%
|
5.855%
|
|
0
|
6.125%
|
6.174%
|
|
Last Update: Nov. 15, 2008 |
|
Interest Rates subject to change without notice
Annual Percentage Rate (APR) based on $100,000.00 loan amount; 15% down. Payment example at 6.125%: 360 monthly
payments of $607.61, which includes principal and interest only. ASK US FOR DETAILS ABOUT OUR HIGHER
LOAN-TO-VALUE MORTGAGES!
30 Year Purchase Only or Construction
| Points |
Interest Rate |
APR |
|
2
|
5.500%
|
5.727%
|
|
0
|
5.990%
|
6.037%
|
|
Last Update: Nov. 15, 2008 |
|
Interest Rates subject to change without notice
Annual Percentage Rate (APR) based on $100,000.00 loan amount; 15% down. Payment example at 5.990%: 360 monthly
payments of $598.91, which includes principal and interest only. ASK US ABOUT OUR NO DOWN PAYMENT
LOANS!
15 Year Fixed Mortgage
| Points |
Interest Rate |
APR |
|
2
|
5.000%
|
5.374%
|
|
0
|
5.500%
|
5.571%
|
|
Last Update: Nov. 15, 2008 |
|
Interest Rates subject to change without notice
Annual Percentage Rate (APR) based on $100,000.00 loan amount; 15% down. Payment example at 5.500%: 180 monthly
payments of $817.08, which includes principal and interest only. ASK US ABOUT OUR NO DOWN PAYMENT
LOANS!
10 Year Fixed Mortgage
| Points |
Interest Rate |
APR |
|
1
|
5.125%
|
5.439%
|
|
0
|
5.375%
|
5.474%
|
|
Last Update: Nov. 15, 2008 |
|
Interest Rates subject to change without notice
Annual Percentage Rate (APR) based on $100,000.00 loan amount; 15% down. Payment example at 5.375%: 120 monthly
payments of $1,079.08, which includes principal and interest only. ASK US ABOUT OUR NO DOWN PAYMENT
LOANS!
Disclosure: Loans are subject to the underwriting standards of First Federal Savings of Lorain. Above rates available on
single-family owner-occupied homes only and require the automatic transfer (ATS) of payments from a First Federal donor
account. Loans with less than 15% down require the purchase of Private Mortgage Insurance (PMI) and will increase the
APR. Property insurance required; Flood Insurance may be required. Rates subject to change without notice.
