Adjustable Rate Mortgages
 

Rates as of Friday, December 30, 2011

Product Description Points Interest Rate Annual Percentage Rate Payments Apply
Adjustable Rate Mortgage Programs
ARM Mortgage up to $500,000 (Call for rates above $500,000)
Purchase
3 Yr ARM
3/1 Yr ARM/Purchase   0.000 3.500% 3.024% Show Payments and Rates
5 Yr ARM
5/1 Yr ARM/Purchase   0.000 3.500% 3.104% Show Payments and Rates
7 Yr ARM
7/1 ARM/Purchase   0.000 3.750% 3.293% Show Payments and Rates
10 Yr ARM
10/1 Yr ARM/Purchase   0.000 4.000% 3.580% Show Payments and Rates
Refinance
3 YR ARM
3/1 Yr ARM/Refinance   0.000 3.500% 3.024% Show Payments and Rates
5 Yr ARM
5/1 Yr ARM/Refinance   0.000 3.500% 3.104% Show Payments and Rates
7 Yr ARM
7/1 ARM/Refinance   0.000 3.750% 3.293% Show Payments and Rates
10 Yr ARM
10/1 Yr ARM/Refinance   0.000 4.000% 3.580% Show Payments and Rates
 

Annual Percentage Rate, (APR's) & Rates shown here are for owner occupied, single-family homes (no cash-out refinance) with a maximum loan to value of 75% and a minimum credit score of 720. APR's for conventional loans (loans up to $417,000) are calculated based on a $100,000 loan amount.  Your rate may vary from those quoted based on factors specific to your transaction. Please contact a Metuchen Savings Bank Representative for further information. All rates are subject to change without notice. Note that on Adjustable Rate Mortgages the interest rate is variable and may change after the loan is consummated. All loan products are subject to credit approval.

 

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