Mortgage Rates
Effective as of November 19, 2024
| FFSB Service Retained Programs (No Construction Perm) | Rate % | Points % | APR % |
|---|---|---|---|
| 30 Year Fixed (Conforming) | 6.875 | 1.100 | 7.159 |
| 20 Year Fixed (Conforming) | 6.750 | 1.000 | 7.105 |
| 15 Year Fixed (Conforming) | 6.375 | 0.900 | 6.794 |
| 10 Year Fixed (Conforming) | 7.250 | 1.000 | 7.883 |
| FFSB Service Retained Programs (Conventional and Construction Perm) | Rate % | Points % | APR % |
| 30 Year Fixed (Conforming) | 7.375 | 0.00 | 7.555 |
| 20 Year Fixed (Conforming) | 7.125 | 0.00 | 7.301 |
| 15 Year Fixed (Conforming) | 6.875 | 0.00 | 7.100 |
| 10 Year Fixed (Conforming) | 7.500 | 0.00 | 7.790 |
| 5/6 Mo. ARM (Conforming) | 7.625 | 0.00 | 7.806 |
| 7/6 Mo. ARM (Conforming) | 7.500 | 0.00 | 7.705 |
| 10/6 Mo. ARM (Conforming) | 7.625 | 0.00 | 7.804 |
| 5/6 Mo. ARM JUMBO | 7.875 | 0.00 | 7.791 |
| 7/6 Mo. ARM JUMBO | 7.500 | 0.00 | 7.584 |
| 10/6 Mo. ARM JUMBO | 7.625 | 0.00 | 7.682 |
| **The above fixed rates reflect sellable loans only. Portfolio loan rates may be higher. For instance, Construction Permanent Loans are Portfolio loans, and may be subject to rates that are higher than those posted above. APR's for these loans may also be higher. Contact a Loan Originator for more details. Construction Permanent Modification rates, may also be higher.** |
| FFSB Service Released Programs | Rate % | Points % | APR % |
|---|---|---|---|
| 30 Year Fixed (Conforming) | 7.000 | 0.00 | 7.193 |
| 20 Year Fixed (Conforming) | 6.875 | 0.00 | 7.124 |
| 15 Year Fixed (Conforming) | 6.500 | 0.00 | 6.804 |
| 30 Year FHA Fixed | 7.625 | 0.00 | 9.059 |
| 30 Year USDA Fixed | 7.750 | 0.00 | 8.497 |
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*APR = Annual Percentage Rate. The Conventional Loan APRs shown are based on a $125,000 loan with an applicable down payment, 15 days of prepaid interest, which can vary depending upon the date of loan closing, and conventional loan document preparation fees of $1,750, which includes credit report, courier fee, tax service fee, flood certificate and quality control fee. Document preparation fees for FHA and USDA Loans, $1,750, include credit report, courier fee, processing/forms fee, flood certificate and quality control fee. For Construction Loans, document preparation fees of $1,975 include credit report, courier fee, tax service fee, flood certificate and quality control fee. A Freddie Mac delivery fee may be applicable to your loan. Please contact one of our loan originators for further information and to determine how any delivery fees may impact your loan's annual percentage rate (APR). JUMBO Loan APRs are based on a $750,000 loan with an applicable down payment, 15 days of prepaid interest, which can vary depending on the date of loan closing, JUMBO document preparation fees of $1,750, which includes credit report, courier fee, tax service fee, flood certificate, and quality control fee. Please contact one of our loan originators for further information and to determine how any delivery fees may impact your loan's annual percentage rate (APR).
**ARMs have a 5% lifetime cap. The estimated APR is based on an index, which is subject to change. The APR and the payments are subject to change on a 6 Month basis after the initial fixed-rate term. The initial interest rate will be in effect for the fixed term of the loan and is not based on the formula set forth in the loan contract. On the first change date, the rate cannot increase or decrease more than 2% for 3/6 Mo ARMs and 5/6 Mo ARMS, and 5% for 7/6 Mo ARMs and 10/6 Mo ARMs. Any subsequent rate changes, after the first change, cannot increase or decrease more than 1%. Effective for all ARM loans originated on or after July 12, 2021. First Federal Savings Bank will be using the 30 day average SOFR index and the above refrenced adjustment caps.
***The following are First Federal's standard closing costs: Appraisal and document preparation fees, which include credit report, title work, recording fees, tax service fees, and flood certification.
Borrowers must meet underwriting guidelines. Interest rates are subject to change and may be subject to additional fees, depending on the program selected and the underwriting characteristics.
With a history of integrity & quality, First Federal Savings Bank is the place for you. We can help you build a foundation with the right tools & services.