Conventional Fixed Rate Mortgage Rates

Rates effective as of May 27, 2018.

Conventional Fixed Rate Mortgage

Conventional Fixed Rate MortgageRatesPointsAPR*# PaymentsMonthly Payment per $1,000*
30 Year 4.625% 0 4.672% 360 $5.14
20 Year 4.500% 0 4.564% 240 $6.33
15 Year 4.125% 0 4.205% 180 $7.46
10 Year 3.750% 0 3.865% 120 $10.01
HomeReady Mtg 30 year 4.625% 0 4.672% 360 $5.14

Purchase or Refinance: 60 day rate lock

New Construction New Build: 240 day rate lock

New Construction Draw Only: 240 day rate lock

Minimum Loan amount: $25,000; Maximum conforming amount: $453,100

Option to receive a 1/8% (0.125%) discount on the APRs listed above for terms of 10, 15 or 20 years when you have your loan payments automatically deducted from your Direct Rewards, High Interest or Emerald Checking account at Solvay Bank.

We offer a variety of mortgage options, contact the Mortgage Department at 315-484-2205 for further details.

Felix Melendez  ●  NMLS ID #494173 ●  315-484-2225 ●  fmelendez@solvaybank.com

Trish DeWalt Cazzolli  ●  NMLS ID #589621 ●  315-701-5275 ●  tcazzolli@solvaybank.com

Christian Roque  ●  NMLS ID #23236 ●  315-484-2235 ●  croque@solvaybank.com

* The annual percentage rates (APR) are current as of 05/21/2018. Monthly Payment examples are based on a loan amount of $165,000.00 with a $110,000 down payment and 0 points. Interest rates are subject to change at any time without notice due to market conditions or borrower eligibility. The rates shown are based on rates for well-qualified applicants. Individual rates may vary. Monthly payment does not include property taxes or homeowners insurance. Your actual monthly payment may be greater. Mortgage Insurance is required if the loan-to-value exceeds 80%. Homeowners insurance and flood insurance, if applicable, are required. Subject to credit approval and property appraisal based on secondary market underwriting requirements.