|FIXED RATES 1-4 Family Conventional |
|Loan Type ||Rate ||Points ||APR ||Monthly Payment Per $1,000 |
|15 Year (3% - 20% Down) ||3.25% ||0.00 ||3.378% ||$7.03 |
|20 Year (3% - 20% Down) ||3.75% ||0.00 ||3.851% ||$5.93 |
|30 Year (3% - 20% Down) ||3.875% ||0.00 ||3.948% ||$4.70 |
Rates and fees subject to change at any time. You may call 330.264.5767 or TOLL FREE 800.414.1103 to determine if these rates have changed or check our website at waynesavings.com. Payments do not include amounts for taxes and insurance premiums, including mortgage insurance premiums - The actual payment amount will be greater. Insurance must be carried on the real property securing the loan. All lending products are subject to credit review and approval.
Annual Percentage Rates (APR) shown are for a $150,000.00 loan amount, points disclosed, credit score of 660 or higher, less than 60% loan-to-value (LTV) includes applicable points, and prepaid finance charges of $1,315. Private Mortgage Insurance (PMI) will be required for loans with LTVs in excess of 80%. Other customary closing costs apply. Your rate and terms may increase due to factors such as credit score, LTV, cash-out refinance, property type (investment, more than one unit, condo, or second home), secondary financing, and if it is a Home Possible product.
Construction loans will have interest rate 0.125% higher than above and an additional $725.00 in prepaid finance charges. This will increase your APR. Ask us for details.
All rates subject to an automatic transfer of monthly payments. This transfer can be from a Wayne Savings account or an account at another institution. Add 0.125% to rates for payments not automatically transferred.