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 |