Residential Loan Rates

Residential First Mortgage

Conforming Loans*

Owner Occupied | Fixed Rate

Type	Term	Interest Rate	APR**	Payment per $1,000
10 Year Fixed	10	6.000%	6.377%	$11.10
15 Year Fixed	15	6.125%	6.393%	$8.51
20 Year Fixed	20	6.250%	6.465%	$7.31
25 Year Fixed	25	6.375%	6.560%	$6.67
30 Year Fixed	30	6.500%	6.666%	$6.32

Conforming

Max loan amount of $726,200

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 5/31/2023 10:57 AM 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*

Owner Occupied | Fixed Rate

Type	Term	Interest Rate	APR**	Payment per $1,000
10 Year Fixed	10	6.250%	6.631%	$11.23
15 Year Fixed	15	6.375%	6.647%	$8.64
20 Year Fixed	20	6.500%	6.719%	$7.46
25 Year Fixed	25	6.625%	6.814%	$6.83
30 Year Fixed	30	6.750%	6.920%	$6.49

Super Conforming

Max loan amount of $1,089,300

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 5/26/2023 9:20 AM 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.

Adjustable Rate

Type	Term	Interest Rate	APR**	Payment per $1,000
5/5/30 ARM	30	6.000%	6.312%	$6.08
6/1/30 ARM	30	5.875%	7.104%	$5.92
7/1/30 ARM	30	6.000%	7.056%	$6.00
10/1/30 ARM	30	6.125%	6.872%	$6.08

Max loan amount of $1,089,300

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	6.250%	6.631%	$11.23
15 Year Fixed	15	6.750%	7.028%	$8.85
20 Year Fixed	20	7.250%	7.480%	$7.90
25 Year Fixed	25	7.750%	7.955%	$7.55
30 Year Fixed	30	7.875%	8.062%	$7.25

Investment Properties

Max LTV: 70% up to $1,089,300

Condo/Townhouse reduce the stated LTV’s by 5%.

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

Loan amounts over $2MM call for rates, terms and conditions.

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

Jumbo Residential First Mortgage

Owner Occupied | Fixed Rate

Type	Term	Interest Rate	APR**	Payment per $1,000
10 Year Fixed	10	Call	For	Rates
15 Year Fixed	15	Call	For	Rates
20 Year Fixed	20	Call	For	Rates
25 Year Fixed	25	Call	For	Rates
30 Year Fixed	30	Call	For	Rates

Max Loan amount – call for details

Down payment of 20% required.

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

Type	Term	Interest Rate	APR**	Payment per $1,000
5/5/30 ARM	30	6.000%	6.312%	$6.08
6/1/30 ARM	30	5.875%	7.104%	$5.92
7/1/30 ARM	30	6.000%	7.056%	$6.00
10/1/30 ARM	30	6.125%	6.872%	$6.08

Max Loan amount – call for details

Down payment of 20% required.

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.

Investment Property | Fixed Rate

Type	Term	Interest Rate	APR**	Payment per $1,000
10 Year Fixed	10	6.250%	6.631%	$11.23
15 Year Fixed	15	6.750%	7.028%	$8.85
20 Year Fixed	20	7.250%	7.480%	$7.90
25 Year Fixed	25	7.750%	7.955%	$7.55
30 Year Fixed	30	7.875%	8.062%	$7.25

Max Loan amount – call for details

Down payment of 20% required.

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.