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| ‡Special Rates for Apple Customers! |
Enjoy the benefits of a great rate and great checking! With our new reduced rate program you get both! Open and maintain a GoldValue Now Checking Account* and agree to have your monthly mortgage payment automatically deducted from that account and get a full .25% deducted from our usual competitive rate. Call and speak to our Mortgage Consultants now or stop into one of our branches.
*To obtain this rate, you will be required to open and maintain a GoldValue Now Checking Account and have your monthly mortgage payment automatically deducted from that account. A GoldValue checking account requires a minimum opening deposit of $100 plus a daily minimum balance of $2,500 to earn interest and avoid monthly maintenance charges. This offer cannot be combined with any other promotional GoldValue Accounts. Other terms and conditions apply. Not available on all products. Please contact an Apple Bank mortgage consultant or branch for further details.
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| Lower your interest rate now! |
If you are interested in taking advantage of the lowest rates in years but don't want to go through the hassle of refinancing, we are currently offering to modify the interest rate on existing Apple loans. The program is as follows:
·We will only change the interest rate
·There is no appraisal fee
·No mortgage tax
·No title insurance and title fees
·No flood insurance
·No applications to fill out, no W2's or Tax Returns and no Verification of Deposits
·There is an attorney fee and a processing fee that varies based upon the loan amount.
·If you are interested we will review your loan and credit to determine if you are eligible.
·The original maturity will remain the same
Please provide your name, loan number and a daytime telephone number we can reach you at to discuss or if you do not want to pursue modification of your loan you can speak to a mortgage consultant regarding refinance at 800 333-2775.
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| Think you don't qualify? |
When it comes to getting a mortgage have you ever said:
I know my credit isn't perfect or I'm almost there but I'm still saving or Right now I owe to much to qualify.
Our affordable loan programs like SONYMA, Freddie Mac's ALT 97 and FHA financing allow for lower down payments so you can qualify with little or no down payment.
In addition if you have less than perfect credit; excessive debts resulting from circumstances beyond your control like medical bills, divorce or temporary loss of employment, you may still qualify for a loan.
We now have a new loan program for you! You don't have to go to a high rate subprime lender. Come to Apple Bank.
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| Home Equity Extra Creditline - Prime Minus 1% for Life |
Prime Minus 1% for Life
Equity Extra Creditline
Using the equity in your home remains one of the most powerful and potentially tax deductible ways to borrow for home improvements, college tuition, a new car, or to pay off high-rate debt. You may also save on state and federal taxes since the interest is tax deductible in most cases.
At Apple Bank, we have put together a highly competitive home equity loan program for you.
Prime Minus 1% for Life:
Apple's home equity loan features a lifetime interest rate that will be the Prime Rate minus 1% for as long as you have the loan.
And if your line is $125,500 or greater, Apple Bank pays for the closing.*
(We also offer a no income verification program for self-employed borrowers at Prime plus .5%.)
Access your line of credit for five years simply by writing a check.
Your Creditline is automatically replenished during the initial five year period. And you pay interest only on the amount borrowed for the first five years. After that, a long term repayment plan covering principal and applicable interest goes into effect.
*If your Creditline is $125,500 or greater, you are required to pay the mortgage tax, the flood certification fee, the recording fee and the tax service fee if necessary. Your appraisal fee will be refunded at closing. Our attorney's fee and title report fees will be paid by Apple Bank. There is a $10,000 minimum draw requirement at the time of closing to activate your home equity line of credit.
If your Creditline is $125,000 or less, you are responsible for all fees. However, there is no minimum draw requirement at the time of closing to activate your home equity line of credit.
The Annual Percentage Rate (APR) for the Equity Extra Line of Credit may vary and is based on the highest Prime Rate as published in The Wall Street Journal on the 15th of the month. As of May 2008, the Prime Rate is 5.00%; therefore our interest rate of 1% below Prime is 4.00% (and 5.50% for our no income verification programs.) The maximum APR is 17%. There is a $35 annual fee that is waived for the first year. For a line of $125,000, closing costs are estimated to be between $1,160 to $11,458. Rates and terms are subject to change without notice. All loans are secured by a mortgage or lien on your home. Property insurance is required. Available on owner-occupied 1-4 family residences, cooperatives, and condominiums. For cooperatives, property must be free of any liens or Apple Bank must be the lienholder. Consult your tax advisor regarding the deductibility of interest to determine if you qualify under current tax laws. Apple Bank Home Equity loans not available on property located in New Jersey.
Contact Us Now!
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| No Income Verification Home Equity! |
We offer a no income verification program for self-employed borrowers that features a lifetime interest rate that will be the Prime Rate plus .5% for as long as you have the loan.
And if your line is $125,500 or greater, Apple Bank pays for the closing.*
Access your line of credit for five years simply by writing a check.
Your Creditline is automatically replenished during the initial five year period. And you pay interest only on the amount borrowed for the first five years. After that, a long term repayment plan covering principal and applicable interest goes into effect.
*If your Creditline is $125,500 or greater, you are required to pay the mortgage tax, the flood certification fee, the recording fee and the tax service fee if necessary. Your appraisal fee will be refunded at closing. Our attorney's fee and title report fees will be paid by Apple Bank. There is a $10,000 minimum draw requirement at the time of closing to activate your home equity line of credit.
If your Creditline is $125,000 or less, you are responsible for all fees. However, there is no minimum draw requirement at the time of closing to activate your home equity line of credit.
The Annual Percentage Rate (APR) for the Equity Extra Line of Credit may vary and is based on the highest Prime Rate as published in The Wall Street Journal on the 15th of the month. As of May 2008, the Prime Rate is 5.00%; therefore our interest rate of Prime plus .5% is 5.50% for our no income verification programs. The maximum APR is 17%. There is a $35 annual fee that is waived for the first year. For a line of $125,000, closing costs are estimated to be between $1,160 to $11,458. Rates and terms are subject to change without notice. All loans are secured by a mortgage or lien on your home. Property insurance is required. Available on owner-occupied 1-4 family residences, cooperatives, and condominiums. For cooperatives, property must be free of any liens or Apple Bank must be the lienholder. Consult your tax advisor regarding the deductibility of interest to determine if you qualify under current tax laws. Apple Bank Home Equity loans not available on property located in New Jersey.
Call us today and speak to one of our Mortgage Consultants at 800-333-2775!
Contact Us Now!
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| 75 Day Rate Lock |
Some times it takes a little more time to close your loan. Apple Bank is there to help by giving you the time that you need. Apple Bank now offers 75 day rate locks on all of our loans, at no additional cost. Other lenders offer 30, 45 or 60 days, we give you more so you don't have to worry when those little delays occur.
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| Rate Float Down Option Available! |
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Apple Bank offers a Float Down program for loans that have been locked in accordance with Apple Bank's lock-in policy.
Should you lock-in an interest rate and points for a loan product, and pay the required lock-in fee as described on the lock-in agreement, you may be eligible for this program. If, during the processing of your loan application Apple Bank offers a lower rate and points option than you originally locked at, you may request the lower rate and points option. This must occur anytime beginning after you have executed an initial Lock-in Agreement with the Bank and paid the required lock-in fee. The Float-down rate must be the interest rate corresponding with the number of points you originally chose. This option terminates at the earlier of 1) Three days prior to the closing of your loan; or 2) The expiration date of your original Lock-in Agreement. This option may be exercised only one time during your original lock-in period. This program is not available for the Foreign Borrower Loan Program, SONYMA Loan Program or Investor Loan Programs that Apple Bank offers.
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| Extended Rate Lock Program for New Construction! |
Apple Bank offers a 180 day rate lock for new construction.
This program is only available for adjustable rate loan products. The pricing for this will be one and one-half additional points. These points must be collected at the time the loan is locked. The terms and conditions of the lock agreement remain unchanged. If the customer exceeds the rate lock period, there will be an additional 1/4 added to points for each additional thirty days or portion thereof. The total lock period cannot exceed nine months.
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