Note - On the results page:
Hover over the underlined headings to view explanations of the following terms: Rate, Points, Closing Costs, APR and Payment.
Click on underlined values in the grid to generate a pop-up for additional information.
Other Product Options: Orrstown Bank offers a wide variety of mortgage products to meet your needs.
Adjustable Rate Mortgages
Contact a Mortgage Originator for more details on these products.
The current rate quotes listed above are based on the criteria you selected and the following assumptions. These parameters are subject to change without notice.
Property is one unit
Closing costs are paid out of pocket
No Seller Assistance
Debt-to-Income is below 45%
You do not have a second mortgage
Rates are valid for 45 day lock periods
Loan-to-Value ratio is 80% or less (down payment is at least 20%)
For detailed payment information click on a payment amount in the above grid.
Credit Score Assumptions:
Excellent : 770+
Good : 720 - 769
Fair : 680 - 719
Poor : 600 - 679
Interest rates and APRs are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value ratio, credit score and other variables. The actual fees, costs and monthly payment on your specific loan transaction may vary and may include additional fees and costs. Some restrictions may apply. Call us at 1.888.677.7869 or in Shippensburg area at 717.530.3530 for additional information.
This is not a credit decision or a commitment to lend and credit is subject to approval. Depending on loan guidelines, mortgage insurance may be required. If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment.
APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points") and loan-origination fees. Your monthly payment is not based on APR, but instead on the interest rate stated on your promissory note.
FHA loans require both an up-front and an annual mortgage insurance premium. The premium varies based on the loan characteristics, your credit score, whether you've received loan counseling, and other factors. For illustrative purposes on FHA loans, our detail results do not include a mortgage insurance payment added to the monthly principal and interest payment. Contact a Mortgage Originator for further details.
Other products and terms are available upon request.