Residential Loan Rates

Residential First Mortgage

Owner Occupied | Fixed Rate

Conforming Loans*

Type	Term	Interest Rate	APR**	Payment per $1,000
10 Year Fixed	10	6.625%	7.013%	$11.42
15 Year Fixed	15	6.750%	7.028%	$8.85
20 Year Fixed	20	6.875%	7.099%	$7.68
25 Year Fixed	25	7.000%	7.194%	$7.07
30 Year Fixed	30	7.125%	7.300%	$6.74

*Conforming Loans

Max loan amount of $806,500

Down payment of less than 20% requires PMI resulting in higher payments and APR.

Condo/Townhouse max 75% LTV.

Cash Out Refinance transactions add 0.125% to the above stated rates.

*Current interest rates and APRs are based on the following assumptions: purchase of a single-family primary residence in NJ, minimum credit score of 740, a maximum 75% LTV, and 1.00% in discount points as a cost to borrowers. Rates, terms, and fees as of 01/13/2025 12:00 PM Eastern Standard Time and subject to change without notice. Other factors or criteria may affect rate.

**APR= Annual Percentage Rate. APR based on a $100,000 loan.

Super Conforming Loans**

Type	Term	Interest Rate	APR**	Payment per $1,000
10 Year Fixed	10	6.875%	7.267%	$11.55
15 Year Fixed	15	7.000%	7.281%	$8.99
20 Year Fixed	20	7.125%	7.353%	$7.83
25 Year Fixed	25	7.250%	7.448%	$7.23
30 Year Fixed	30	7.375%	7.554%	$6.91

**Super Conforming Loans

Max loan amount of $1,209,750

Down payment of less than 20% requires PMI resulting in higher payments and APR.

Condo/Townhouse max 75% LTV.

Cash Out Refinance transactions add 0.125% to the above stated rates.

**APR= Annual Percentage Rate. APR based on a $100,000 loan.

Jumbo Loans***

Type	Term	Interest Rate	APR**	Payment per $1,000
10 Year Fixed	10	7.000%	7.394%	$11.61
15 Year Fixed	15	7.125%	7.408%	$9.06
20 Year Fixed	20	7.250%	7.480%	$7.90
25 Year Fixed	25	7.375%	7.575%	$7.31
30 Year Fixed	30	7.500%	7.681%	$6.99

***Jumbo Loans

Max loan amount - Call for details

Down payment of less than 20% requires PMI resulting in higher payments and APR.

Condo/Townhouse max 75% LTV.

Cash Out Refinance transactions add 0.125% to the above stated rates.

**APR= Annual Percentage Rate. APR based on a $100,000 loan.

Adjustable Rate Mortgages

Conforming and Super Conforming Loans*

Type	Term	Interest Rate	APR**	Payment per $1,000
5/5/30 ARM	30	7.000%	7.174%	$6.65
6/1/30 ARM	30	6.875%	7.113%	$6.57
7/1/30 ARM	30	7.125%	7.300%	$6.74
10/1/30 ARM	30	7.250%	7.427%	$6.82

*Conforming and Super Conforming Loans
Max Loan amount – $1,209,750

Down payment of less than 20% requires PMI resulting in higher payments and APR.

Condo/Townhouse max 75% LTV.

Cash Out Refinance transactions add 0.125% to the above stated rates.

Jumbo**

Type	Term	Interest Rate	APR**	Payment per $1,000
5/5/30 ARM	30	7.250%	7.427%	$6.82
6/1/30 ARM	30	7.125%	7.300%	$6.74
7/1/30 ARM	30	7.375%	7.554%	$6.91
10/1/30 ARM	30	7.500%	7.681%	$6.99

**Jumbo
Max Loan amount – Call for details

Down payment of less than 20% requires PMI resulting in higher payments and APR.

Condo/Townhouse max 75% LTV.

Cash Out Refinance transactions add 0.125% to the above stated rates.

Investment Property | Fixed Rate

Type	Term	Interest Rate	APR**	Payment per $1,000
10 Year Fixed	10	6.875%	7.267%	$11.55
15 Year Fixed	15	7.000%	7.281%	$8.99
20 Year Fixed	20	7.250%	7.480%	$7.90
25 Year Fixed	25	7.375%	7.575%	$7.31
30 Year Fixed	30	7.500%	7.681%	$6.99

Max Loan amount – $1,209,750

1-2 Family max 70% LTV - Condo/Townhouse max 65% LTV.

Cash Out Refinance transactions add 0.125% to the above stated rates.