Mortgage Rates

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Columbia Bank has been providing Mortgage Loans to New Jersey residents since 1927. No one knows the local real estate marketplace better and our Home Mortgage Loan Rates are some of the most competitive within New Jersey. For the best Mortgage Rates in New Jersey and great service, too…Count on Columbia!

ANNUAL PERCENTAGE RATE = APR

PROGRAMS AVAILABLE ON PROPERTIES LOCATED IN NJ ONLY.

The P & I (principal & interest) amounts quoted do not include amounts for taxes, hazard, flood insurance premiums, if applicable, and does not include the FHA mortgage insurance premiums, if applicable. Your actual payment obligation will be greater.

$500.00 is due at the time of lock-in or commitment acceptance, whichever occurs first. The fee is refundable when the loan closes. If the loan does not close, the fee will not be refunded. The $500 fee is not included in the APR calculation.

APRS ARE ACCURATE AS OF 2/01/2012 AND SUBJECT TO CHANGE AT ANY TIME. All APR Calculations (except FHA) reflect the following fees: application, flood certification, real estate tax service, settlement/closing and point(s), if applicable. The FHA APR calculation also includes the up front mortgage insurance premium, but excludes the real estate tax service fee. Please call (800)522-4167 for rate information about other types of loans and for additional details. You must consult your tax advisor regarding the deductibility of interest.

(1) Calculations based on $350,000.00 loan amount.

Adjustable Rate Mortgages

Please call our Customer Service Center at (800) 522-4167, Monday - Friday 7:00am - 9:00pm or Saturday - Sunday 8:00am - 4:00pm for our current Adjustable Rate Mortgage Rates.

Fixed Rate Home Equity Loans

APRS† ARE ACCURATE AS OF 2/02/2012 AND ARE SUBJECT TO CHANGE AT ANY TIME

Additional Home Equity Products

For Adjustable, Bridge, Balloon and other home equity products, please call our Customer Service Center at (800) 522-4167, Monday - Friday 7:00am - 9:00pm or Saturday - Sunday 8:00am - 4:00pm.

* Payment Amount assumes 30 days to first payment.

**The APR for INTEREST ONLY and PRIME-1.00% may vary monthly during the draw period and annually during the repayment period. The minimum APR during the entire term of either line of credit is 4.00%. The maximum APR during the entire term of either line of credit is 15.00%. During the repayment period, the minimum payment on both HEA products is the greater of $100 or the amount sufficient to amortize the outstanding balance over the remaining term.

*** Maximum LTV
INTEREST ONLY HEA - 75%
PRIME - 1.00% HEA - 80%
Contact the Consumer Loan Department or your local branch for further information concerning the maximum combined liens affecting the Loan to Value Ratio.

****The APR for INTEREST ONLY and PRIME-1.00% may change based on the U.S. Prime Rate published in The Wall Street Journal on the 15th of each month. If the U.S. Prime Rate is not published on the 15th, the APR may then change based on the U.S. Prime Rate published on the business day preceding the 15th.

*****Contact the Consumer Loan Department or your local branch for further information concerning the Maximum Combined Liens affecting the Loan to Value Ratio.

Home Equity Fixed Rate and ARM Loans over $500,000 - Call the Consumer Loan Department for rates and terms.

A Mortgage Recording Fee is due at closing. The fee is $30 - $43 depending upon the county in which the secured property is located. For Fixed Rate Home Equity and Home Equity ARM Loans, a $500 Early Termination Fee will be charged if the loan is paid off within 24 months from the disbursement date.

For HEA lines of credit, a $500 prepayment penalty may be charged if the line is closed out within 24 months from the date the line is available. The term "close out" means that the principal balance has been paid down to zero or is zero, you have requested that no further advances will be permitted, and the mortgage will be discharged upon payment of the appropriate fees. No prepayment penalty will apply after the 24 month period.

Property Insurance is required on all real estate secured loans. Flood insurance will be required on such loans if the property is located in a special flood hazard area.

Available to NJ residents on properties located in NJ only.

For more information on our Consumer Loans, please call 1-800-522-4167 or visit the branch nearest you.