Local Lending with Local Support since 1948
Mortgage Loan Originator | NMLS ID: 715419
2669 Post Road | Warwick, RI 02886
Cell 401-500-1063 Email: [email protected]
Effective Date 4-1-2021
|10 years Fixed||2.625%||2.890%||$9.48|
|15 years Fixed||2.750%||2.932%||$6.79|
|20 years Fixed||2.875%||3.016%||$5.48|
|30 years Fixed||3.000%||3.100%||$4.22|
|1 Offer based on individuals credit worthiness and subject to loan to value (LTV) of 60% and a minimum credit score of 740. Offer limited to single-family, owner-occupied primary residence properties up to a maximum loan of $510,400. Property insurance (and flood insurance, if applicable) are required. Offer and rate is subject to change at any time without notice. Other terms and conditions may apply. Other rates and terms are be available.
2 Annual Percentage Rates are effective as of 09/04/2020. Rates and fees disclosed are for loans that meet above referenced underwriting guidelines, additional rates and fees may apply for loans outside of these guidelines.
3 Estimated payment per $1000 financed includes loan principal and interest. If an escrow account for taxes and insurance is required, total payment may be higher.
4 All ARM products reprice at 2.75% (margin) above the one-year treasury rate (index).
APR=Annual Percentage Rate, subject to change at any time.
Purchase or Refinance
Whether you’re looking to purchase a new home, second home, investment property or to refinance your existing mortgage, our experienced lending team is here to help you find the best solution for your needs and your budget…with low rates and closing costs, and a variety of mortgage plans. To apply, please contact GCU’s mortgage specialist at 401-562-2729.
Greenwood Credit Union has a wide variety of mortgage programs at low, competitive rates. We offer:
- Fixed or Adjustable Rate Loans
- High loan to value
- Less than perfect credit programs
- Free mortgage pre-qualification
NEW MORTGAGE DISCLOSURE INFORMATION:
Buying a home is a process that requires many steps and can often be very stressful. Recently, the government has made a number of changes to the documents and steps involved in applying for a mortgage, receiving information and closing the loan. These steps are designed to make the process less complicated and to give the borrower more time and tools when shopping for a loan. Whether you are applying for a mortgage for the 1st time or whether you have applied for mortgages in the past, this article will help explain the changes you can expect to see.
For more information:click Here
If you still have any questions after reading the article, do not hesitate to contact us!