FastTrack Fixed Rate Construction Loans
||Annual Percentage Rate^^
Terms of Repayment
(Payment per $100,000^)
|Repayment Terms, Construction Phase
||Repayment Terms, Permanent Phase
^Payments do not include taxes or insurance and actual payment will be greater. Escrow is required.
Construction Phase: Interest only payment per $100,000.00
Permanent Phase: Principal and Interest Payment per $100,000.00 for the permanent phase following the 12 months construction phase.
^^Annual Percentage Rate (APR) is based on a Loan to Value (LTV) of 80% or less. APR is accurate as of the effective date.
*These rates are valid for mortgages up to $510,400.00, owner-occupied, single family residential properties located in CT or RI. Interest rates and APR are subject to change without notice. Rates last changed on date listed above.
$300.00 Application Fee is waived.
$43.00 Document Prep fee.
$18.00 Flood Cert Fee.
$30.52 Credit Report Fee (each individual).
$375.00 Appraisal fee for owner-occupied, single family properties valued at $750,000.00 or less. Appraisal fees on properties valued over $750,000.00 will be greater.
No prepayment penalty.
Other terms and conditions may apply.