Mortgage Rates
(As of 12/20/2024)Rates are based on the most current available data and are subject to change.
Primary Residence (2nd Home and Investment)
Saleable Conventional Mortgages - Serviced by PTC.
For 2nd Home or Investment properties please contact a lender.
Government Loans
(Primary Residence) Servicing Released
VHFA, VT Housing Finance Agency
(Servicing Released) $300 Loan Administration Fee Applies
Additional Programs and Rates available on VHFA Website (https://www.vhfa.org/homebuyers/rates)
Home Equity Lines of Credit
Variable Rate Option rate is locked the preceding business day before loan closing date. Fixed Rate Option rate lock period is for 120 days. Generally, HELOC have no closing costs, unless an appraisal or subordination is required and total between $0.00 to $750.
²Variable Rate APR is Wall Street Journal (WSJ) Prime Rate plus a current margin of -1.00%. WSJ index is 7.50% today with an initial 6.50% APR. Rates are as low as 4.00% APR the floor and a maximum APR not to exceed 15.00%. which is also the floor APR. Future APR changes are subject to change on the first calendar day of each month.
Home Equity Loan
The monthly payment may be higher if escrows for property taxes and homeowners insurance are applicable.
Construction Financing
Important Loan Information:
Interest rates and points are subject to change without notice, and may vary based on loan program, term, credit quality, loan amount, and property type. All loans are subject to credit approval. The Annual Percentage Rates (APRs) disclosed above assume a loan amount of $125,000, 25% down payment on the purchase of an owner occupied one unit dwelling and a credit score of at least 780 except for Investment properties are non-owner occupied. The APR does not include all the closing costs. Rate lock period quoted is for 60 days for all products except Home Equity Loans and VHFA is 90 days. Saleable conventional and government loans may have Servicing Released following the guidelines, pricing and fee structure of that investor. If an escrow account is required or requested, the actual monthly payment will be higher to include amounts for real estate taxes and insurance(s), if applicable. Loans with a Loan To Value, LTV, exceeding 80% will require Private Mortgage Insurance, PMI. ¹ $500 Loan Administration Fee Applies. 4$300 Loan Administration Fee Applies. 5 APR includes Nine month term with Interest Only Payments followed by a Modification to Home Equity Loan, 15 year term, fixed rate and final amount financed.
