Growing Home Mortgage Special
30 Year Adjustable-Rate Mortgage For 1-4 Family Owner Occupied Properties
Fixed for 6 Years/ then one adjustment and fixed for the remaining 24 Years thereafter*
This year’s Growing Home Mortgage Special features a low interest rate and offers you Interest Rate Protection! Apply in person at any of our offices or online here at greenfieldsavings.com.
Act now before July goes by!
If the interest rates drop in the future, you can ask to have your interest rate reduced without having to pay the full cost of a refinance! The cost of the reduction in interest rate is based on the outstanding principal balance of the mortgage at the time of the request. Find out how easy the process can be! Talk one of our Loan Officers today for full terms and conditions: (413) 775-8200.
Growing Home Mortgage Special with Buy in July
30 Year Adjustable Rate Mortgage For 1-4 Family Owner Occupied Properties
| Product Description | Rate | Maximum Term | Margin | Discount Points | Annual Percentage Rate (APR) | Monthly Payments | Payments Per $1,000 (Fully Indexed) |
|---|---|---|---|---|---|---|---|
| 30 Year Adjustable Rate Mortgage† |
72 Months@ 4.990%
287 Months@ 6.490%
1 Month@ 6.490%
|
30 Years | 2.750% | 0 | 5.891% | 360 |
72@ $5.36
287@ $6.17
1@ $6.19
|
*/† Qualifying Guidelines: Offer applies to conventional, owner occupied purchase loan applications for 1 – 4 family properties and condominiums. Offer not valid for refinance transactions, blanket loans, new construction, or second homes. Applications must be received by the Bank no later than July 31, 2025, with an executed Offer to Purchase. Loans must close by September 30, 2025. All deadlines firm.
Offer is subject to credit approval and is subject to change or cancellation at any time. After the first 6 years, the interest rate cap is 1.5% at the time of adjustment and is the maximum for the life of the loan. The APR may increase after consummation of the loan. Payments do not include real estate taxes and insurance, if applicable, the actual payment may be greater. Your rate may be subject to increase based on credit score, loan to value, property type, appraisal review, and other factors and may be different than the rates posted. Annual percentage rates (APRs) listed above are based on a $300,000 loan amount and a 20% down payment. Rates are effective as of the date of this post. Rates may be subject to change without notice. Property insurance will be required; flood insurance may be required. Certain adjustable rate loans may require that new borrowers attend a Home Buyer's Counseling Program and sign an OPT in form for certain adjustable rate products. Please call our mortgage professionals for more information.
The Adjustable Rate Indices Used Are: 1 Year Treasury constant maturity weekly average for a 1 Year Review-Index: 3.970%