MORTGAGE
A Residential Mortgage is a loan secured by real property through the use of a mortgage.
- Property must be a 1 to 4 family dwelling
- Minimum Loan Amount $25,000
- Fixed Rate and Adjustable Rate* Programs Available
- Prequalification for purchase transactions available
*Reach out to our Mortgage Specialists for our ARM rates.
COMMUNITY HOME MORTGAGE PROGRAM
Affordable financing option for home buyers meeting program criteria.
- .25% rate reduction applied to any current 1st mortgage product
- Owner Occupied, home purchase transaction only
- Loan to value of up to 85%, NO PRIVATE MORTGAGE INSURANCE REQUIRED
- Income limits apply1
FHLBNY HOME BUYER DREAM PROGRAM
RESIDENTIAL MORTGAGE RATES: Rates Effective as of 5/7/2025
| Term |
APR3,4,5 |
Interest Rate2 |
Monthly Payments Per $1,0004
4 Monthly payments per $1,000 shown below includes principal and interest and does not include taxes and insurance, actual payment amount may be greater. Mortgage interest rates shown are for one to four-family owner-occupied primary residences with a loan to value of 80.00% or less.
|
Points |
| 10 Year Fixed |
6.022% |
6.000% |
$11.10 |
0 |
| 15 Year Fixed |
6.141% |
6.125% |
$8.51 |
0 |
| 20 Year Fixed |
6.388% |
6.375% |
$7.38 |
0 |
Explore monthly mortgage payments with our Loan Calculator.
VIEW MORTGAGE FEE SCHEDULE HERE
1 Income that is less than 80% of the area median income, published annually
2 Rates are subject to change anytime.
3 The Annual Percentage Rate (APR) represents the cost of credit over the term of the loan expressed as an annual rate. The APR shown here is based on a loan amount of $120,000, stated interest rates and life of loan fees only. It does not include other loan specific finance charges you may be required to pay such as prepaid interest. Your actual APR may be different.
All loans are subject to credit approval.
