Mortgage Rate Disclosure

Home Mortgage Rate Disclosure:

Assumes $150,000 loan with 1% origination fee. If applicable, actual payment may be more and will include amounts for real estate taxes and homeowner’s insurance premiums. Rates quoted are based on a 20% down payment or equity in your home.  Fees and rates as of August 26, 2016 and subject to change.

* Annual Percentage Rate. At a 2.500% interest rate, the APR for this loan type is 2.680%. The 180 scheduled monthly payments would be $1,000.18.

** Annual Percentage Rate. At a 3.000% interest rate, the APR for this loan type is 3.141%. The 240 scheduled monthly payments would be $831.90.

***Annual Percentage Rate. At a 3.000% interest rate, the APR for this loan type is 3.100%. The 360 scheduled monthly payments would be $632.41.

Programs requiring less than 20% down payment are also available.  Please call your local State Bank lender at any time for current rates.

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