Personal Mortgage Rates
| Product | Interest Rate* | APR | Months | Payment per $1,000 Borrowed | Points |
|---|---|---|---|---|---|
| 30 YR Jumbo | 6.625% | 6.637% | 360 | $6.40 | 0 |
| 30 YR | 6.625% | 6.638% | 360 | $6.40 | 0 |
| 15 YR Jumbo | 6.375% | 6.394% | 180 | $8.64 | 0 |
| 15 YR | 6.375% | 6.406% | 180 | $8.64 | 0 |
| 5/5 ARM | 6.375% | 6.445% | 360 | $6.24 | 0 |
| Jumbo 5/5 ARM | 6.375% | 6.438% | 360 | $6.24 | 0 |
The above rates include a 0.125% discount for the establishment and maintenance of automatic recurring loan payments from an HIFS checking account. If the borrower does not establish and maintain said account and recurring payments, the rate would be 0.125% higher than that presented above.
For adjustable rate loans, interest rate and payment may increase after the initial fixed period. Jumbo loan rates apply for loans between $647,200 and $1,500,000. For loans above $1,500,000 or special situation transactions that require unique underwriting, please contact us to discuss terms and rate. All APRs above assume a 20% down payment. Payment examples do not include tax escrow and insurance. The actual payment obligation will be greater. All rates, terms and conditions are subject to change without notice. Rates are current as of: 19th September 2024
Home Equity Lines of Credit
Hingham Institution for Savings offers a competitive Home Equity Line of Credit (HELOC) program to customers that have their first mortgage with us, or, to those with no other mortgage on their property.
If you’d like to apply for a HELOC, please complete the form below to contact a Mortgage Loan Officer about our rate and program details or visit our Help Center to learn more.
