|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Index: |
0.120% |
|
|
|
|
|
|
|
|
|
| Date: |
01/10/2012 |
|
|
|
|
for the
week ending: |
01/06/12 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
HOME MORTGAGES |
|
ADJUSTABLE RATE MORTGAGES * |
|
|
|
|
|
|
|
|
(Max. $417000.00) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Rate |
Points |
Term |
APR |
PMTS/$1000 |
|
Rate |
Points |
Term |
APR. |
PMTS/$1000 |
|
|
|
|
|
|
|
|
SERVICING RETAINED |
|
|
|
|
|
|
|
|
|
|
|
|
|
| 3.125% |
1.00 |
15 |
3.350% |
$6.97 |
|
2.375% |
0.00 |
1 YR * |
2.468% |
$3.89 |
|
|
|
|
|
|
|
| 3.375% |
0.00 |
15 |
3.455% |
$7.09 |
|
3.625% |
0.00 |
3/1 ARM * |
2.693% |
$4.56 |
|
|
|
|
|
|
|
| |
|
|
|
|
|
4.125% |
0.00 |
5/1 ARM * |
3.033% |
$4.85 |
|
|
|
|
|
|
|
| 3.875% |
1.00 |
30 |
4.004% |
$4.70 |
|
4.375% |
0.00 |
7/1 ARM ** |
3.359% |
$4.99 |
|
|
|
|
|
|
|
| 4.125% |
0.00 |
30 |
4.207% |
$4.85 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
GREAT RATES AND LOW CLOSING COSTS |
|
|
|
|
|
|
|
| JUMBO LOANS
(Min. $417,001.00) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Rate |
Points |
Term |
APR |
PMTS/$1000 |
|
|
|
|
|
|
|
|
|
|
SERVICING RETAINED |
|
|
|
|
|
|
|
|
|
|
|
|
|
| 5.250% |
1.00 |
30 |
5.390% |
$5.53 |
|
|
|
|
|
|
|
|
| 5.375% |
0.00 |
30 |
5.425% |
$5.60 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| INVESTMENT PROPERTY |
|
|
|
|
|
| 4.875% |
0.00 |
15 |
4.959% |
$7.84 |
|
|
|
|
| 5.625% |
0.00 |
25 |
5.683% |
$6.22 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| HOW TO
CONTACT US |
|
|
| Contact us to
set up a free one-on-one consultation |
|
|
|
| to find out
which of our mortgages is right for you! |
|
|
| Bennington |
|
Manchester |
|
|
|
|
|
|
|
| Phone: |
802.442.8121 |
|
Phone: |
802.362.4760 |
|
|
|
|
|
|
|
| Fax: |
802.442.1641 |
|
Fax: |
802.362.0577 |
|
|
|
|
|
|
|
| Wendy
Chenaille: |
802.445.7938 |
|
Lisa Souls |
802.445.7994 |
|
|
|
|
|
|
|
| NMLS Originator ID 485471 |
|
|
|
|
NMLS Originator ID 293972 |
|
|
|
|
|
|
|
|
| E-mail: |
mortgage@bennbank.com |
|
Telephone Banking: |
1.800.216.1103 |
|
|
|
|
|
|
|
| www.thebankofbennington.com |
|
|
|
|
|
|
|
| ALL RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE |
|
|
|
|
|
|
|
| **RATES SHOWN ARE
FOR CREDIT QUALIFIED BORROWERS |
|
|
|
|
|
|
|
| RATE ADJUSTMENTS
& OTHER FEES MAY BE APPLICABLE ON ALL LOANS DEPENDING ON SPECIFIC |
|
|
|
|
|
|
|
| LOAN
TO VALUE, PROPERTY TYPE, CREDIT HISTORY AND TERMS** |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Annual Percentage Rates (APR) do not include
Private Mortgage Insurance (PMI), which may be required if the LTV exceeds
80%. |
|
|
|
|
|
|
|
| The caps on residential Adjustable Rate Mortgages
(ARM) are as follows: |
|
|
|
|
|
|
|
| *2% per adjustment with a maximum increase
of 6% over the life of the loan |
|
|
|
|
|
|
|
|
|
|
| **The first
adjustment may be a maximum of 5%.
Subsequent annual adjustments may be no more than 2% |
|
|
|
|
|
|
|
|
| with a maximum increase of 5% over the
life of the loan. |
|
|
|
|
|
|
|
|
|
|
|
|
|
| The APR on ARM programs may change after
consummation. |
|
|
|
|
|
|
|
| The index for all ARM programs is the 1 Year U.S.
Treasury Bill. |
|
|
|
|
|
|
|
| The maximum term on residential mortgages is 30
years. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Bennington
Main Office: 155 North Street, Bennington, VT 05201
~ 802.442.1640 |
|
|
|
|
|
|
|
| Bennington
Branch Office: 32 Phyllis Lane, Bennington, VT 05201
~ 802.445.3141 |
|
|
|
|
|
|
|
| Manchester
Office: 78 Center Hill, Manchester Center, VT 05255
~ 802.362.4760 |
|
|
|
|
|
|
|
| Arlington
Office: 3198 Route 7A, Arlington, VT 05250
~ 802.375.2319 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|