Real Estate Rates

Annual Percentage Rate is offered on Loans orginated on
04/16/2014



Beacon scores or higher loan to values may result in additional closing costs or points."
1 - 2 Family Owner Occupied Property
 Interest RatesPointsAPRPayment on
$1,000 Loan
Notes
15 Year Fixed 3.250% 0 3.440% $7.03 -
20 Year Fixed 4.000% 0 4.151% $6.06 -
30 Year Fixed 4.250% 0 4.360% $4.92 -
1 - 2 Family Non-Conforming and Jumbo Loans
 Interest RatesPointsAPRPayment on
$1,000 Loan
Notes
10 Year Fixed 3.250% 0 3.447% $9.77 -
10 Year Fixed Construction/Permanent 3.250% 1.00 3.661% $9.77 -
15 Year Fixed 3.250% 0 3.385% $7.03 -
15 Year Fixed Construction/Permanent 3.250% 1.00 3.533% $7.03 -
20 Year Fixed 5.125% 0 5.237% $6.67 -
20 Year Fixed Construction/Permanent 5.125% 1.000 5.360% $6.67 -
30 Year Fixed 5.500% 0 5.585% $5.68 -
30 Year Fixed Construction/Permanent 5.500% 1.000 5.677% $5.68 -
Adjustable Rate Loans
 Interest RatesPointsAPRPayment on
$1,000 Loan
Notes
1 Year ARM 2.125% 0 3.927% $3.76 -
5/1 ARM 3.750% 0 3.988% $4.63 -
10/1 ARM 4.625% 0 4.473% $5.14 -
10/1 ARM Construction/Permanent 4.625% 1.50 4.607% $5.14 -
Are you shopping for the advantage of a low initial interest rate or are you only going to be in this home a short period of time? If so, an Adjustable Rate Mortgage (ARM) may be the right choice for you. With an Adjustable Rate Mortgage, the interest rate changes at predetermined intervals based upon an index. The change in interest rate will also change how much your adjustable rate payments will be.

 

  The advantages of an ARM include:

    • Initially, the loan rate is normally lower than fixed rates.

    • If your interest rate increases, you can grow into your higher mortgage payment as your career advances and your salary rises.

    • ARMs could be less expensive over a long period than a fixed rate mortgage.

    • If interest rates remain steady, you will continue to benefit from the lower initial rate and if rates drop, your monthly payments may decrease without refinancing.

    • ARMs offer the protection of annual and lifetime interest rate caps.

 
Home Equity Loans
 Interest RatesPointsAPRPayment on
$1,000 Loan
Notes
10 Year Fixed
(loan-to-value 80% or less)
3.250% 0 3.250% $9.77 Closed End
15 Year Fixed
(loan-to-value 80% or less)
3.875% 0 3.875% $7.33 Closed End
20 Year Fixed
(loan-to-value 80% or less)
5.000% 0 5.000% $6.60 Closed End
Variable Homeline
*
Posted rate reflects 1/4% rate reduction due to automatic deduction from an LCNB account as documented on a Preferred Rate Addendum
(loan-to-value 80% or less)
WSJ +0.00% 0 3.250% $2.67 Variable Notes
Variable Premierline
*
Posted rate reflects 1/4% rate reduction due to automatic deduction from an LCNB account as documented on a Preferred Rate Addendum
(loan-to-value 75% or less)
WSJ -0.25% 0 3.000% $2.47 Variable Notes
Quick-Fix 24 Month Home Equity Line
(loan-to-value 80% or less)
3.750% 0 3.750% $3.08 Variable Notes
Quick-Fix 36 Month Home Equity Line
(loan-to-value 80% or less)
4.250% 0 4.250% $3.49 Variable Notes
Lot Loans
 Interest RatesPointsAPRPayment on
$1,000 Loan
Notes
Vacant Lot Loans
(15 acres or less)
5.625% 0 5.780% $8.24 Lot Financing

 

NMLS Registry Information for LCNB National Bank Mortgage Loan Originators