| |
Account Type |
Interest
Rate |
Annual Percentage
Rate (APR) |
Max Loan to Value LTV(%) |
| Secondary Market |
|
|
|
|
|
Click here to see rates |
| * Other adjustable rate mortgages available upon request.* |
| In House Fixed Rates |
|
|
|
|
| Click here to see rates
|
| Conventional - Owner Occupied |
Click here to see rates
|
| Construction Rates |
| |
6 month term |
3.50% |
5.147%(e) |
80 |
| |
6 month term |
4.50% |
6.155%(e) |
81-90 |
6 month term
$350.00 Underwriting Fee
$52.00 Tax Service Fee
$600.00 Draw Fee (based on 5 draws during construction term)
Based on a loan amount of $250,000.00
|
| Non-Owner Occupied (1-4 Family) |
| |
3 yr Balloon -
1.0% origination fee |
5.09% |
5.494% |
90 |
| |
5 yr Balloon -
1.0% origination fee
$52.00 Tax Service Fee |
5.29%
|
5.553%
|
90
|
| *25 year amortization
The APR's are based on loan amount of $75,000.00 with payments being charged automatically to Mound City Bank Deposit Account.
Example: $75,000.00 loan - 7.19% - 5 year balloon (amortized over 30 years) - monthly payment of $508.87. |
| Home Equity Access (HELOC) |
| *Variable Interest Only Payments |
4.50% |
4.50% |
|
| *Variable (Wall Street Prime - Floating) with auto charge to Mound City Bank account (Floor 4.50%) Maximum APR 18% |
4.50% |
4.50% |
|
| *Fixed Rate (3 Year) with Mound City Bank auto charge |
5.50% |
5.50% |
|
| $50.00 annual maintenance fee. Other fees may apply when opening a line of credit. These generally range between $75.00 and $370.00. Property Insurance required. |
| WI-Rural Development Guaranteed Rural Housing (GRH) Loan Program |
| Click here to see rates |
|
| Federal and VA Rates - Available upon request |
