Rates effective as of March 14, 2025
Adjustable Rate Mortgage (ARM) Loans
|
Term
|
Number of Monthly Payments |
Servicing |
Initial
Interest Rate
|
Initial
APR*
|
Initial Rate Period |
First Adjusted Rate
(thereafter variable)
|
| 7/1 Year ARM |
360 |
Citizens Bank |
7.000% |
7.032% |
7 Years |
6.750% |
Fixed Rate Mortgage Loans
|
Term
|
Number of Monthly Payments
|
Servicing
|
Interest
Rate
|
APR* |
Points |
Monthly Payment
per $1,000
|
|
15 Year
|
180 |
Released |
6.250%
|
6.300%
|
0.000% |
$8.57
|
|
15 Year
|
180 |
Citizens Bank |
6.250% |
6.298% |
0.000% |
$8.57
|
|
20 Year
|
240 |
Released |
6.500% |
6.541%
|
0.000% |
$7.46 |
|
20 Year
|
240 |
Citizens Bank |
6.500%
|
6.539%
|
0.000% |
$7.46 |
|
30 Year
|
360 |
Released |
6.750% |
6.781% |
0.000% |
$6.49 |
|
30 Year
|
360 |
Citizens Bank |
6.875% |
6.905%
|
0.000% |
$6.57
|
WHEDA First Time Homebuyer Program
|
Term
|
Number of Monthly Payments |
Servicing |
Interest Rate |
APR* |
Points |
Monthly Payment
per $1,000
|
| 30 Year |
360 |
WHEDA |
6.125% |
6.194% |
0.000% |
$6.08
|
ARM Assumptions: Annual Percentage Rate (APR) & payment examples based on $300,000 sales price/value, $150,000 loan, $150,000 down payment, $744.50 in finance charges, a credit score of 700 or higher & a 30 year amortization. APR will vary based on loan amount & finance charge. After the initial discounted fixed rate period of 7 years, your rate can increase or decrease annually based on the fully indexed rate. The fully indexed rate is the weekly average yield on US Treasury Securities adjusted to a constant maturity of 1 year, currently 4.05% as of 3/11/25, plus a margin of 2.75%. First rate adjustment & each subsequent rate adjustment not to exceed 2.00% with a lifetime cap of 6.00%. Your rate will never drop below 2.75%.
ARM Payment Examples: In years 1-7, principal & interest payments of $997.95/month (based on initial interest rate); in year 8, principal & interest payments of $976.76/month (based on current fully indexed rate); in years 9-30, principal & interest payments of $976.76/month (based on current fully indexed rate). ARM loans are variable rate loans; interest & payments may increase after consummation. 10% down payment required.
Fixed Rate/WHEDA Assumptions: Annual Percentage Rate (APR) based on $281,250 sales price/value, $225,000 loan, $56,250 down payment & the following finance charges: $719.95 on servicing released loans, $692.00 on Citizens Bank serviced loans & $1,694.95 on WHEDA loans. APR will vary based on actual loan amount & finance charges. Monthly payment shown is an example based on principal & interest only.
Terms Specific to WHEDA First Time Homebuyer Program: Available to borrowers who have not owned a principal residence in last 3 years. 3% down payment required on 1-family properties, varies on additional units. Down payment may be financed separately. Tax & insurance escrow is required. Homebuyer education required. Income limits apply, based on property location.
Terms & Conditions: Taxes & insurance not included; your actual monthly payment may be higher due to tax & insurance escrow. Valid for 1-4 family owner occupied properties in Wisconsin only. Rates & terms for all loan products are subject to change at any time, without notice. Other terms, conditions, restrictions & fees may apply. Subject to credit approval.
NMLS #746419
