Second Mortgage Rates

Effective Date: 4/9/2012
Second Mortgages Interest Rate Origination Fee/Discount Points APR^ as low as Maximum Loan Amount Apply
5 year 3.25%* 0/0 3.273% $200,000
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10 year 5.50%* 0/0 5.511% $200,000
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15 year 7.50%* 0/0 7.530% $200,000
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Rates are subject to change at any time and are not guaranteed. Other rate and point options may be available. *Rate and terms will vary depending upon loan to value, loan term and credit qualifications. Listed rate assumes loan to value < 80% with great credit. Loan Example: $30,000.00 at 3.25% (3.273% APR) 60 monthly payments of approximately $543.00 each.  Please contact us at 757-886-3337 for details.

^APR=Annual Percentage Rate.

 

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Don't be afraid of Adjustable Rate Mortgages, at 1st Advantage, we will walk you through the mortgage process and will help you pick the mortgage that best suits your needs. We have a great Adjustable Rate Mortgage (ARM) special that will help you save on your mortgage. The rate is 1% less than our current 30-year fixed loan for the first five years.  Learn more.

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We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government by the NCUA (National Credit Union Administration), a U.S. Government Agency.  NMLS #509408