Fixed or Variable Rate Conventional Mortgages from ISB
Looking for your dream home? Need to consolidate your monthly loan payments? Contact one of our lending professions in Altoona or Duncansville to discuss your options and what ISB can do for you. Discover the benefits that continue beyond the closing.
Availability:
Mortgage Loans are available to any person 18 years or older. Subject to our Lending Policy and Residential Loan Underwriting Standards.
Specific Types of Credit:
- Purchase, Refinance or Construction financing
- First Time Homebuyer Loans
- Single-family owner occupied residences or Second Homes
- Rental Properties
Escrows:
Escrow accounts are offered at the customer’s discretion for all assessments due to property taxes and hazard insurance. Where applicable, it is required for flood insurance and private mortgage insurance.
Pre-qualifications:
FREE and available upon your request. Call us to find out how we can simplify your new home purchase, refinance or construction!
Term:
Five to thirty years
Down Payment:
- Fixed rate mortgage 5%, subject to Private Mortgage Insurance approval.
- Adjustable rate mortgage 5%, subject to Private Mortgage Insurance approval.
Maximum:
97% LTV subject to Private Mortgage Insurance Approval for Non-Conforming Mortgages only.
Counties Served:
Primarily but not limited to Blair, Bedford, Cambria, Centre, Clearfield, Huntingdon counties.
See Mortgage Loan Rates Below >
Local loan approval and servicing
Frustrated because you don’t know who to call when you have a question or problem? Has your mortgage loan been sold too many times to count? ISB provides you with local loan approvals and serving, right here in Altoona, PA. Discover the benefits that continue after loan closing!
Call or stop by our Altoona or Duncansville office today!
Conventional Mortgage Loan Rates
| TERM IN MONTHS | INTEREST RATE | ANNUAL PERCENTAGE RATE | POINTS | MONTHLY PAYMENT per $1,000 |
|---|---|---|---|---|
| 15 Years Fixed | 5.50% | 5.662% (1)(2) | 0.00 | $8.17 |
| 20 Years Fixed | 5.75% | 5.881% (1)(2) | 0.00 | $7.02 |
| 30 Years Fixed | 6.00% | 6.100% (1)(2) | 0.00 | $6.00 |
Payment does not include amounts for insurance and taxes. Actual payment obligation will be greater.
(1) APR based on $75,000 loan amount. The actual APR may vary.
(2) With a 20% Down Payment
***These rates are for informational purposes and are subject to change at any time***
***Special Rules and Restrictions Apply***
***Private Mortgage Insurance required if the loan-to-value exceeds 80%***
*** RATES SUBJECT TO CHANGE AT ANYTIME WITHOUT NOTICE ***
