We love the smell of low rates in the morning. Premier Bank offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide:
Rates last updated Friday, April 18, 2014
Fixed Rate–15 year
Rates APR Points
3.459% 3.459% 0%
180 monthly payments of $1063.14
 
Fixed Rate–20 year
Rates APR Points
4.125% 4.192% 0%
240 monthly payments of $918.88
 
Fixed Rate–30 year
Rates APR Points
4.250% 4.299% 0%
360 monthly payments of $737.91
 
5 Year Adjustable Rate Mortgage/30 Year Amortization**
Term: 30 years
Rates APR Points
2.875% 2.920% 0%

Monthly payment of $622.34 for the first 60 months. Estimated monthly payment amount of $622.34 for the remaining 300 months after the first adjustment based on an interest rate of 2.875% 



7 Year Adjustable Rate Mortgage/30 Year Amortization**
Term: 30 years
Rates APR Points
3.250% 3.093% 0%
Monthly payment of $652.81 the first 84 months. Estimated monthly payment amount of $6628.37 for the remaining 276 months after the first adjustment based on an interest rate of 2.875%




FHA - 30 year Fixed
FHA Financing is not available at this time.
 
IFA - First Time Home Buyer
Rates APR Points
4.875% 4.941% 0.25%
360 monthly payments of $793.81
 
*APR stands for Annual Percentage Rate.

**Adjustable rate loans and rates are subject to change during the loan term. That change can increase or decrease your monthly payment.

The APR's and payment amounts assume a purchase price of $187,500 with a 20% down payment for a loan amount of $150,000. Payment amounts consist of principal and interest only. Payment amounts do not include amounts for taxes and insurance, if applicable, actual payments will be greater. Subject to credit approval. Rates subject to change.