Pricing Matrix

Product Type Rate Term
Purchase Market (fixed term); Prime + 25bps variable 1 to 5 year fixed; 5-year variable
Refinance Market plus 1% 3, 4, & 5 year fixed only
Progress advance new construction Market plus 25bps 5 year fixed only
Rentals 2 – 4 units (insured only) Market plus 1% 5 year fixed only
2nd Homes (insured only) Market plus 1% 5 year fixed only
Mini Homes (insured only) Market 5 year fixed only