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Upcoming Holiday

In observance of Thanksgiving, all branches & our customer service center will be closed on Thursday 11/26/20. We will resume normal business hours on Friday 11/27/20. 

Home Mortgages: Purchase

EFFECTIVE AS OF 11/18/2020 

Traditional Mortgage Products Loan Amounts Up To $510,400

*Payments do not include taxes and insurance (if applicable) and the actual payment obligation will be greater.

Want to calculate your estimated payment?

Rate Calculator Calculate Your Payment Now
Product TypeInterest Rate##1APR##2*Monthly P&I Payments Per $1,000 Borrowed 
30 Year Fixed2.750%2.778%360 Payments of $4.08Apply Now
25 Year Fixed2.750%2.782%300 Payments of $4.61Apply Now
20 Year Fixed2.625%2.664%240 Payments of $5.36Apply Now
15 Year Fixed2.375%2.426%180 Payments of $6.61Apply Now

*Payments do not include taxes and insurance (if applicable) and the actual payment obligation will be greater.

[1] Rates quoted are for purchase transactions only, single-family, owner-occupied primary and secondary residences located in New Jersey, certain counties in Pennsylvania (Bucks, Chester, Delaware, Montgomery, and Philadelphia) and New York (Orange, Rockland, and Westchester). Rates quoted assume a loan to value ratio up to 80% and a minimum credit score of 740. Your actual rate will depend upon several factors including, but not limited to, the loan type, loan size, property type, your credit score and property value. Private mortgage insurance (“PMI”) may be required if your loan to value exceeds 80%. If PMI is required, the mortgage insurance premium may increase the APR and monthly mortgage payment. Please contact an Account Executive for further details or other program terms. All loans are subject to credit approval.

[2] APR calculation is based upon a loan amount of $350,000, and includes fee estimates for flood certification, real estate tax service, settlement / closing, fifteen (15) days of prepaid interest, origination fee, and points, if applicable.

Traditional Mortgage Products Loan Amounts $510,401 to $1,000,000

*Payments do not include taxes and insurance (if applicable) and the actual payment obligation will be greater.

Want to calculate your estimated payment?

Rate Calculator Calculate Your Payment Now
Product TypeInterest Rate##1APR##2*Monthly P&I Payments Per $1,000 Borrowed 
30 Year Fixed2.750%2.763%360 Payments of $4.08Apply Now
25 Year Fixed2.750%2.765%300 Payments of $4.61Apply Now
20 Year Fixed2.625%2.643%240 Payments of $5.36Apply Now
15 Year Fixed2.375%2.399%180 Payments of $6.61Apply Now

*Payments do not include taxes and insurance (if applicable) and the actual payment obligation will be greater.

[1] Rates quoted are for purchase transactions only, single-family, owner-occupied primary and secondary residences located in New Jersey, certain counties in Pennsylvania (Bucks, Chester, Delaware, Montgomery, and Philadelphia) and New York (Orange, Rockland, and Westchester). Rates quoted assume a loan to value ratio up to 75% and a minimum credit score of 740. Private mortgage insurance (“PMI”) may be required if your loan to value exceeds 80%. If PMI is required, the mortgage insurance premium may increase the APR and monthly mortgage payment. Your actual rate will depend upon several factors including, but not limited to, the loan type, loan size, property type, your credit score and property value. Please contact an Account Executive for further details or other program terms. All loans are subject to credit approval.

[2] APR calculation is based upon a loan amount of $750,000, and includes fee estimates for flood certification, real estate tax service, settlement / closing, fifteen (15) days of prepaid interest, an origination fee, and points, if applicable.

$475 Low Fee Purchase Loan Amounts $100,000 to $510,400

*Payments do not include taxes and insurance (if applicable) and the actual payment obligation will be greater.

Want to calculate your estimated payment?

Rate Calculator Calculate Your Payment Now
Product TypeInterest Rate##1APR##2*Monthly P&I Payments Per $1,000 Borrowed 
30 Year Fixed3.000%3.024%360 Payments of $4.22Apply Now
25 Year Fixed3.000%3.027%300 Payments of $4.74Apply Now
20 Year Fixed2.875%2.908%240 Payments of $5.48Apply Now

*Payments do not include taxes and insurance (if applicable) and the actual payment obligation will be greater.

[1] Columbia Bank $475 Low Fee Home Purchase Program limited to purchase money mortgages with a maximum sales price of $999,999.  Program restrictions may apply. Program offered for New Jersey properties ONLY. Rates quoted are for single-family, owner-occupied primary and secondary residences located in New Jersey. Rates quoted assume a loan to value ratio up to 80% and a minimum credit score of 740. Your actual rate will depend upon several factors including, but not limited to, the loan type, loan size, property type, your credit score and property value. Private mortgage insurance (“PMI”) may be required if your loan to value exceeds 80%. If PMI is required, the mortgage insurance premium may increase the APR and monthly mortgage payment. Please contact an Account Executive for further details or other program terms. All loans are subject to credit approval.

[2] Columbia Bank $475 Low Fee Home Purchase Program APR calculation is based upon a loan amount of $350,000, and reflects fifteen (15) days of prepaid interest and an origination fee.  

FHA Limited To New Jersey FHA Lending Limits

*Payments do not include taxes and insurance (if applicable) and the actual payment obligation will be greater.

Looking to refinance instead?

Rate Calculator View Refinance Rates
Product TypeInterest Rate##1APR##2*Monthly P&I Payments Per $1,000 Borrowed 
30 Year Fixed2.750%3.763%360 Payments of $4.08Apply Now

*Payments do not include taxes and insurance (if applicable) and the actual payment obligation will be greater.

[1] Rates quoted are for single-family, owner-occupied primary residences located in New Jersey. Maximum FHA loan amounts are based on number of units (one to four-families) and specific county location. Your actual rate will depend upon several factors including, but not limited to, the loan type, loan size, property type, your credit score and property value. FHA requires both upfront and annual mortgage insurance for all borrowers, regardless of the down payment or LTV. Please contact an Account Executive for further details or other program terms. All loans are subject to credit approval.

[2] APR calculation is based upon a loan amount of $350,000, and includes fee estimates for FHA mortgage insurance premiums, flood certification, settlement / closing, fifteen (15) days of prepaid interest, an origination fee, and points, if applicable.

Adjustable Rate Mortgages Loan Amounts Up To $510,400

*Payments do not include taxes and insurance (if applicable) and the actual payment obligation will be greater.

Want to calculate your estimated payment?

Rate Calculator Calculate Your Payment Now
Product Type 30 Year TermAPR##1Initial Interest Rate##2Fully Indexed Rate*Monthly P&I Payments Per $1,000 Borrowed 
3/1 Arm2.872%2.375%2.875%36 Payments of $388.65 at 2.375% 324 Payments of $412.55 at 2.875%Apply Now
5/1 ARM2.852%2.500%2.875%60 Payments of $395.12 at 2.500% 300 Payments of $411.96 at 2.875%Apply Now
7/1 ARM2.867%2.625%2.875%84 Payments of $401.65 at 2.625% 276 Payments of $412.14 at 2.875%Apply Now

*Payments do not include taxes and insurance (if applicable) and the actual payment obligation will be greater.

[1] APR calculation is based upon a loan amount of $100,000, and includes fee estimates for flood certification, real estate tax service, settlement / closing, fifteen (15) days of prepaid interest, an origination fee, and points, if applicable. 

[2] Rates quoted are for purchase transactions only, single-family, owner-occupied primary and secondary residences located in New Jersey, certain counties in Pennsylvania (Bucks, Chester, Delaware, Montgomery, and Philadelphia) and New York (Orange, Rockland, and Westchester). Rates quoted assume a loan to value ratio of 80% with a minimum credit score of 740. Private mortgage insurance (“PMI”) may be required if your loan to value exceeds 80%. If PMI is required, the mortgage insurance premium may increase the APR and monthly mortgage payment. Your actual rate will depend upon several factors including, but not limited to, the loan type, loan size, property type, your credit score and property value. These factors if applicable, may warrant an increase in initial rate and fully indexed rate. Please contact an Account Executive for further details or other program terms. All loans are subject to credit approval.

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Investments are NOT FDIC Insured, not Bank guaranteed, not a deposit, and not insured by any federal government agency. Investments may lose value.

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