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Mortgage Loans

Term                    Points     Rate        APR

30 Year Fixed        0         6.750%     6.758%

30 Year Fixed        3         6.375%      6.676%

20 Year Fixed        0        6.500%      6.510%

15 Year Fixed         0        6.375%      6.387%

15 Year Fixed         3        6.000%      6.492%

10 Year Fixed         0        6.125%      6.142%

30 Year, 1 Year ARM        P l e a s e   c a l l 

30 Year Jumbo      0         6.875%     6.878%

30 Year Jumbo      3         6.500%     6.789%

15 Year Jumbo       0         6.500%     6.504%

15 Year Jumbo       3         6.000%     6.483%

A 5% minimum down payment is required. Private Mortgage Insurance (PMI) is required for loans with a down payment less than 20%. The annual percentage rate (APR) shown assumes a 20% down payment.
A 30 Year, fixed rate, 0 point mortgage for $100,000 with a 20% down payment would have a monthly payment of $648.60 with an annual percentage rate (APR) of 6.758%. Property insurance is required for all mortgage loans.

Home Equity Loans

Term                                Rate          APR

 5 Year Fixed                 7.000%     7.029%

10 Year Fixed                 7.125%      7.141%

15 Year Fixed                 7.250%     7.261%

20 Year Fixed                7.500%     7.509%

25 Year Fixed                7.750%      7.758%

The maximum loan to value for a Home Equity Loan is 80%. A 5 year fixed rate Home Equity Loan for $20,000 would have a monthly payment of $396.02, with an annual percentage rate (APR) of 7.029%. Property insurance is required for all Home Equity Loans.

Home Equity Line of Credit

Term                                Rate          APR

15 Year                           7.750%     7.750%

Annual Percentage Rate (APR) 7.750% applies for a 12 month introductory period.  The APR after the 12-month introductory period will be a variable rate equal to the prime rate, currently 8.50%, as published in the Wall Street Journal on the 3rd Wednesday of the preceding month with a floor of 7.75%. The APR can change monthly. The minimum APR is 7.750%, the maximum APR is 18.00%. The non-introductory rate is 8.50% as of 4/8/2023. The minimum loan amount is $5,000.00. The maximum loan amount is $500,000.00 or will vary based on the combined maximum loan to value ratio. The maximum combined loan to value amount is 80%. After the first 12 months, the line has a $50.00 annual fee if the loan account has a zero balance for the 12-month period.

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NMLS 709545

Member FDIC

3333 Concord Road, Aston, PA 19014

610-497-1800   |    retail.lending@iwsb.com

NMLS 709545

Member FDIC