Available for financing amounts around $999

Fixed Speed Mortgage

Cover oneself up against rising cost of living and you can rising rates which have a predetermined speed financial one lets you protect your own interest rate and you will monthly installments* towards the life of the loan. Together with, have the peace of mind and personal solution that include borrowing of a bank you to attributes all the financial internally.

• Readily available for loan wide variety up to $999,000. Contact us for prices and terms and conditions for degrees of $1,one hundred thousand,100 and you can a lot more than.
• One-family relations house and condos must be owner-filled to help you qualify for money out-of $five-hundred,000 and you can above.
• Co-ops need to be owner-filled regardless of amount borrowed (doing $999,999).
• As much as 75% loan-to-worth ratio to possess requests, 70% for refinances
• $550 low-refundable app fee for the loans to have capital attributes
• Zero punishment for additional dominating payments or very early mortgage payoffs

Rates for loan levels of $step one,000, and you may above was dependent on the lending company. Funds more $500, into step 1 household members residential property & condos must be holder filled. Doing 75% financing so you can really worth to have orders, 70% mortgage to worth to possess refinances.

First time Homeowners System exists for purchase away from holder occupied step one family unit members land, condos & co-ops with maximum Cost from $750,100,00, and you may dos members of the family which have limitation Cost from $999, merely. You will found .25% dismiss with the Interest rate. Advance payment of five% to 19% will require PMI (Individual Financial Insurance).

$ Non-refundable software payment becomes necessary on the money properties. Terms and you may costs is subject to transform with no warning. Pricing are getting educational purposes only and therefore are not joining until a formal partnership has been granted. Maspeth Federal Savings is actually an equal Homes & Equal Opportunity Lender.

When you have not possessed people functions during the last around three age, youre qualified to receive the First-time Homeowners Program that have because nothing since 5%* downpayment. Every First time Home buyers are eligible to own a fixed speed home loan towards the manager-filled one- and two-household members easy payday loans Lineville households otherwise condos having a beneficial .25% discount to your interest.

Very first time Homebuyer System

Maximize the new thrill and minimize pressure of shopping for the first household. All of us was indeed there every step of the answer to make it easier to navigate the procedure and make smart decisions.

• Open to potential borrowers who have not possessed one characteristics inside the very last 3 years
• Applies only to fixed speed mortgage loans into holder-occupied you to definitely- otherwise one or two-household members homes, condominiums and you will co-ops
• Restrict purchase price of:o $750,000 to possess single-loved ones house, condos and co-opso $999,one hundred thousand for a couple of-members of the family homes

Antique Repaired Price

Prices to have loan amounts of $step one,100000, and a lot more than might be influenced by the financial institution. Finance more $500, towards the step one family relations home & condominiums need to be holder occupied. Up to 75% financing so you can worthy of getting purchases, 70% financing to well worth getting refinances.

Very first time Homeowners Program is present for sale out-of manager occupied 1 family members house, condos & co-ops that have restrict Purchase price away from $750,one hundred thousand,00, and you will dos members of the family that have limitation Purchase price regarding $999, only. You’ll discover .25% discount towards the Rate of interest. Down-payment of 5% so you can 19% will need PMI (Individual Financial Insurance).

$ Non-refundable software commission is needed into the funding services. Terminology and cost are susceptible to changes without warning. Costs is getting informational objectives just and generally are maybe not binding up until an official connection could have been awarded. Maspeth Federal Coupons is actually the same Construction & Equal Chance Bank.

For those who have not possessed one features within the last three decades, you are entitled to our very own Very first time Homeowners Program with just like the absolutely nothing since the 5%* down-payment. All of the First-time Homebuyers qualify for a fixed speed mortgage on owner-filled one- as well as 2-family houses otherwise condos which have good .25% dismiss with the interest.