Mortgage and Home Equity Rates

* Terms & Conditions Purchase: Available for 1-4 family, owner occupied homes with a loan amount min. of $50,000 and a max. of $500,000. First lien positions only. Approved applicants responsible at closing for funding interim interest and escrow account for property taxes and insurance. Subject to credit approval and home appraisal. Additional terms and conditions may apply. Rates valid as of 9/6/2024. Offer may be withdrawn at any time. For 5.75% annual percentage rate (APR) 10-year loan, the biweekly P&I payment per $1,000 is $5.49. For 5.75% APR 15-year loan, the biweekly P&I payment per $1,000 is $4.16. For 6.375% APR 30-year loan, the biweekly P&I payment per $1,000 is $3.12. For 6.125% APR 15-year jumbo loan, the biweekly P&I payment per $1,000 is $4.26. For 6.75% APR 30-year jumbo loan, the biweekly P&I payment per $1,000 is $3.25.

Home Equity: Introductory (“Intro”) Annual Percentage Rate (APR) of 6.50% in effect for the first 12 months on balances up to $100,000, with an initial minimum draw of $10,000. During the Intro period, the portion over $100,000, and on all balances after the Intro period, the APR will be Prime plus .50% and may change daily. Prime is highest rate published daily by WSJ. Prime as of 9/6/2024 is 8.50%. Lifetime rate floor is 4.00% APR, lifetime cap is 12.99% APR. Min. Line is $15,000, max. $150,000. Annual Fee of $35 waived for the first year. Early termination fee applies if loan is closed in first two years. Available on owner-occupied 1-4 family NJ residences only. Offer may be withdrawn at any time. Subject to credit approval. Additional terms may apply.