Our Featured Rates
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Our Featured Rates
10 Year Fixed | 15 Year Fixed | 30 Year Fixed | 3 Year ARM | 5 Year ARM | HELOC Special |
---|---|---|---|---|---|
6.500% | 6.625% | 7.000% | 6.500% | 6.250% | 8.000% |
6.680% APR | 6.781% APR | 7.082% APR | 8.032% APR | 7.647% APR | 8.000% APR |
Portfolio | Secondary Market | Portfolio | Portfolio | Portfolio | Portfolio |
Mortgages - Portfolio Loans
Fixed-Rate Mortgages: Annual Percentage Rates (APR) quoted are based on a representative $350,000 loan amount with 20% down payment/equity for the stated term. Rates are not guaranteed until lock-in and are subject to change without notice. All loan applications are subject to credit underwriting and property approval. Homeowners Insurance and flood insurance (if applicable) are required. Private Mortgage Insurance (PMI) is required if your downpayment / equity is less than 20%. Loan rates are for a first lien position on single family owner-occupied residences up to $500,000. Call for available rates for 2-4 family residences. $950 origination fee.
- For every $1,000 borrowed at 6.750% for 10 years, your payment will be $11.48 monthly. The payment does not includes taxes and insurance, and the payment may be greater.
- For every $1,000 borrowed at 6.875% for 15 years, your payment will be $8.92 monthly. The payment does not includes taxes and insurance, and the payment may be greater.
- For every $1,000 borrowed at 7.000% for 20 years, your payment will be $7.75 monthly. The payment does not includes taxes and insurance, and the payment may be greater.
- For every $1,000 borrowed at 7.250% for 30 years, your payment will be $6.82 monthly. The payment does not includes taxes and insurance, and the payment may be greater.
Adjustable-Rate Mortgages: Annual Percentage Rates (APR) quoted above are based on a representative $350,000 loan amount, with 20% down payment/equity for the stated term and include 0 points. Rates are not guaranteed until lock-in and are subject to change without notice. All loan applications are subject to credit underwriting and property approval. Homeowners Insurance and flood insurance (if applicable) are required. Private Mortgage Insurance (PMI) is required if your downpayment / equity is less than 20%. Loan rates are for a first lien position on single family owner-occupied residences up to $500,000. Call for available rates for 2-4 family residences.
ARM rates are based on the Wall Street Journal Prime Rate Index with a margin of 0.000%. All Adjustable Rate Mortgages (ARM) products are variable and may change after consummation of the loan. Any increase in APR will result in a higher payment. $950 origination fee.
Mortgages - Secondary Market
Fixed-Rate Mortgages: Annual Percentage Rates (APR) quoted are based on a representative $350,000 loan amount with 20% down payment/equity for the stated term. Rates are not guaranteed until lock-in and are subject to change without notice. All loan applications are subject to credit underwriting and property approval. Homeowners Insurance and flood insurance (if applicable) are required. Private Mortgage Insurance (PMI) is required if your downpayment / equity is less than 20%. Listed rates are for a first lien position on single family owner-occupied residences up to $500,000 (up to $484,350 for 30 year fixed). Call for available rates for 2-4 family residences. Origination fees quoted above are for portfolio loans only. Secondary market loans will have a higher origination fee.
Home Equity Lines of Credit: Annual Percentage Rates (APR) quoted are based on a representative $50,000 loan amount. Home Equity Line of Credit Annual Percentage Rate (APR) is 8.00% for the first year. Thereafter, the APR will be based on the Prime Lending Rate as published in the Wall Street Journal minus 0.50% and adjusts quarterly. Prime Rate currently 8.50% as of 11/28/2023. Iron Country checking account with automatic deduction payment option required to be eligible for initial 12 month 8.00% APR and for 0.50% rate discount after the first year. New outstanding balance of $25,000 or more required at closing. If the line of credit agreement is paid down below $25,000 or closed within the first month after commencing a prepayment fee of $350 applies. Loans of greater than $50,000 are subject to a $250 origination fee. Title insurance required for loans greater than $100,000. On loans less than $100,000 a copy of current title insurance required. If not provided, the purchase of title insurance will be required. 1-4 family owner-occupied properties only. Property insurance required. Rates vary by overall credit worthiness and loan-to-value ratio of each applicant. Rates subject to change without notice. All New York state loans involving a lien on real estate will price at 1/4% above the posted rates. The bank’s credit criteria apply. Subject to a Minimum of 4% and a Maximum of 18% over the life of the loan after the initial one-year promotional rate period with Iron Country Banking relationship and new outstanding balance.
Other Loans We Offer
USDA Loans: Buy a home in a qualifying rural area with 0% down and save on mortgage insurance
VA Loans: A home loan for qualified veterans, service members and spouses
Jumbo Loans - Portfolio: These offer low interest rates for loans starting at $500,001
Jumbo Loans - Secondary Market: These offer low interest rates for loans between $484,351 and $3 million
Mortgages
Select a lending solution that suits your home ownership goals and benefit from our range of rate options.
Home Equity Loans
When you need to finance a major expense, utilize the equity that has been established in your home.
Personal Accounts
Feel at ease knowing your money is guarded and watch your funds grow.
Business Accounts
Take your business to the next level with a financial solution that fits your needs.
Uncover the no-charge advantages of Iron Country Checking!
Benefit from an account that meets your everyday banking needs, and enjoy exclusive discounts on other products and services.
Give your funds a safe place to flourish.
With a great rate and the flexibility to make withdrawals, you can yield the bountiful benefits of our Harvest Money Market.