Disclosures
Conventional Mortgage: Rates as of 10/17/2023, however, mortgage rates are subject to change daily. Interest rate would be based on current day pricing when locking the rate with an originator. Based on 80% loan-to-value and detached property type. For example, a $150,000 30-year fixed rate mortgage loan with an Annual Percentage Rate of 7.466%requires 360 monthly payments of $1,036.01. Loan payment amount does not include monthly taxes and insurance and your actual payment may be greater. Offer and rates subject to change. Loan subject to underwriting and credit approval. Additional restrictions apply.
Adjustable Rate Mortgage (ARM): Rates as of 10/17/2023, however, mortgage rates are subject to change daily.3/3 ARM Repayment Example: $150,000 financed at 6.635% annual percentage rate (APR) with a term of30 years would result in a principal and interest payment of $1,075.26. 5/5 ARM Repayment Example: $150,000 financed at 6.702% APR with a term of 30 years would result in a principal and interest payment of $1,101.32. 7/7 ARM Repayment Example: $150,000 financed at 6.797% APR with a term of30 years would result in a principal and interest payment of $1,127.60. 10/10 ARM Repayment Example: $150,000 financed at 6.919% APR with a term of 30 years would result in a principal and interest payment of $1,153.37. Loan payment amount does not include monthly taxes and insurance and your actual payment may be greater. The principal and interest portion of your payment may be higher at the beginning of each new ARM term based on market conditions. Owner Occupied Single Family Residence and Stand-Alone Condos/Patio Homes only. Loan subject to underwriting and credit approval. Additional restrictions may apply.
First Time Home-Buyer Mortgage: Rates as of 10/17/2023,however, mortgage rates are subject to change daily. Interest rate would be based on current day pricing when locking the rate with an originator. Based on100% loan-to-value and detached property type. For example, based on a 7/7 ARM(adjustable rate mortgage) $350,000 financed at 7.931% APR with a term of 30 years would result in a principal and interest payment of $2,722.26. The principal and interest portion of your payment may be higher at the beginning of each new ARM term based on market conditions. For example, a $350,000 30-year fixed rate mortgage loan with an Annual Percentage Rate of 9.421%requires 360 monthly payments of $2,911.12. Loan payment amounts do not include monthly taxes and insurance and your actual payment may be greater. $150,000 max loan amount on a Duplex, financed at 100% LTV. Offer and rates subject to change. Loan subject to underwriting and credit approval. Additional restrictions apply.
West Louisville Mortgage: Rates as of 10/17/2023, however, mortgage rates are subject to change daily. Based on 100% loan-to-value and detached property type. For example, based on a 7/7 ARM (adjustable rate mortgage): $200,000 financed at 8.078% APR with a term of 30 years would result in a principal and interest payment of $1,555.58.A $200,000 30-year fixed rate mortgage loan financed at 9.453% APR requires 360 monthly payments of$1,663.50. Loan payment amount does not include monthly taxes and insurance and your actual payment may be greater. The principal and interest portion of your payment maybe higher at the beginning of each new ARM term based on market conditions. Offer and rates subject to change. Loan subject to underwriting and credit approval. Additional restrictions apply. Subject properties located in Louisville’s West End will have the following exclusive features Refinance or purchase (Owner occupied only). Owner occupied 2-unit properties (duplex).Borrower(s) do not have to be first time homebuyers. Ability to borrow up to120% LTV if extra is needed for repairs (purchase transactions only). Rate Term Refinance up to 97% LTV. Cash out refi LTV subject to normal underwriting guidelines.
Residential Professional Mortgage: Rates as of 10/17/2023, however, mortgage rates are subject to change daily. Qualifying professionals include: Chiropractic (D.C., D.C.M.), Dentistry (D.D.S., D.M.D.), Law (LL.B., J.D.), Medicine (M.B., M.D.), Optometry (O.D.),Osteopathic Medicine (D.O.), Pharmacy (Pharm. D), Podiatry(D.P.M., D.P., Pod. D.), Theology (M.Div, M.H.L., B.D., Ordination), Veterinary Medicine (D.V.M., V.M.D.), CPA. Based on 100%loan-to-value and detached property type. For example, based on a 3/3 ARM(adjustable rate mortgage): $500,000 financed at 7.213% APR with a term of 30 years would result in a principal and interest payment of $3,800.36. Loan payment amount does not include monthly taxes and insurance and your actual payment may be greater. 100% financing up to$500,000 maximum loan amount - For Residents/New Physicians. 95% financing up to $850,000 maximum loan amount - For Established Employees. Offer and rates subject to change. Loan subject to underwriting and credit approval. Additional restrictions apply.
