FIXED RATE MORTGAGE LOANS
|Type Of Loan||Rate||APR|
|30 yr. Conventional Fixed||5.000%||5.013%|
|20 yr. Conventional Fixed||4.750%||4.768%|
|15 yr. Conventional Fixed||4.500%||4.523%|
|10 yr. Conventional Fixed||3.875%||3.908%|
|8 yr. Conventional Fixed||3.750%||3.790%|
|6 yr. Conventional Fixed||3.625%||3.677%|
Rates Effective November 5, 2018 ALL RATES, TERMS AND CONDITIONS ARE SUBJECT TO CHANGE OR WITHDRAWAL WITHOUT NOTICE. On a 30 year mortgage, with 0 points, for $100,000 with an interest rate of 5.000% (5.013% APR) and a minimum down payment of 20%, the principal and interest payment would be $536.82 per month. * Payments do not include amounts for taxes and insurance premiums (if applicable) and actual payment obligation will be greater. Minimum loan amount: $5,000. Maximum conforming loan amount: $453,100. Rates subject to change without notice. All loans subject to secondary market underwriting requirements. All Rates and terms quoted are for 1-2 unit owner occupied residences. Annual Percentage Rates (APRs) are based on $100,000 loan amount, at the term and interest rate noted above.
ADJUSTABLE RATE MORTGAGE LOANS
For Rates and Terms please call (315) 638-0233
CONSTRUCTION/PERMANENT MORTGAGE LOANS
Financing is available for the purchase and construction / renovation of both investment and business properties. Interest-only financing is available throughout the construction period.
*10% Down Payment with no Mortgage Insurance (MI) for qualifying customers.
*Special Financing for First Time Homebuyers– as little as 3% to 5% down payment with Mortgage Insurance (MI). Seneca Savings participates with the Federal Home Loan Bank (FHLB) First-Time Homebuyer Program.
Anthony Merrow (NMLS #641982) at 315-391-8521 or Eric Morgan (NMLS #38323) at 315-427-1883.
All rates, terms and conditions are subject to change or withdrawal without notice. All rates and terms quoted are for 1-2 unit owner occupied residences.
HOME EQUITY LINE OF CREDIT
|Term||Current Prime + 0%|
|Type of Loan||APR||Maximum Term||Down Payment|
|Unsecured (Max Loan is $15,000)||12.000%||60||NA|
|Snowmobiles, Motorcycles, ATVs||7.000%||36||zero|
For more information call 315-638-0233
CASH SECURED LOANS
Loan secured by Seneca Savings account – Account Rate plus 3% – Maximum 8.500% APR Maximum – 100% of account balance
CONSUMER CHECKING LINE OF CREDIT
Credit score of 650-699 eligible for a line up to $500. Credit score of 700 and higher eligible for a line up to $1,000. Application required.
Underwriting required for Lines of Credit above $1,000.
HOME IMPROVEMENT LOANS
(INCLUDING SWIMMING POOLS) (owner occupied – unsecured) All rates and terms quoted are for 1 – 2 unit owner occupied Maximum unsecured Home Improvement loan amount is $10,000 On a 5 yr. Home Improvement for $10,000.00 with an interest rate of 8.250% (8.250% APR) the principal and interest payment would be $203.96 per month.
For Deposit Account rates call 315-638-0233
For CD Products and Money Market rates call 315-638-0233
Rates Effective May 5, 2017 All Rates Subject to Change Without Notice. (1) Applicable to entire balance. Fees may reduce earnings. *Daily Balance (the balance in the account each day) *Interest rates are subject to change at any time. * $500.00 minimum balance required. * Penalty may be imposed for early withdrawal * APY = Annual Percentage Yield, Interest is compounded daily and posted quarterly. For the most current interest rate and Annual Percentage Yield (APY) information call 315-638-0233.