Rates accurate as of March 1, 2024
HELP Type | Annual Percentage Rate (APR) | Amortized Term | Loan Fee | |
---|---|---|---|---|
8.500% Fixed (80% Max LTV) | ||||
8.500% Fixed (80% Max LTV) | 8.781% | 10 Years | $0 | Contact a Loan Officer |
8.625% Fixed (90% Max LTV) | ||||
8.625% Fixed (90% Max LTV) | 8.908% | 10 Years | $0 | |
8.750% Fixed (80% Max LTV) | ||||
8.750% Fixed (80% Max LTV) | 8.957% | 15 Years | $0 | |
8.875% Fixed (90% Max LTV) | ||||
8.875% Fixed (90% Max LTV) | 9.084% | 15 Years | $0 | |
9.000% Fixed (80% Max LTV) | ||||
9.000% Fixed (80% Max LTV) | 9.151% | 25 Years | $0 | |
9.125% Fixed (90% Max LTV) | ||||
9.125% Fixed (90% Max LTV) | 9.278% | 25 Years | $0 | |
Green Choice Retrofit: 8.000% (80% Max LTV) | ||||
Green Choice Retrofit: 8.000% (80% Max LTV) | 8.273% | 10 Years | $0 | Contact a Loan Officer |
Green Choice Retrofit: 8.125% (90% Max LTV) | ||||
Green Choice Retrofit: 8.125% (90% Max LTV) | 8.400% | 10 Years | $0 |
Product for owner-occupied purchases & refinances.
FIXED-RATE HELP PAYMENT CALCULATIONS
Calculations based on $100,000.00 loan. Payment calculations are principal and interest and do not include taxes or insurance which may increase your monthly payment.
- 25-Year HELP Loan (90% LTV): Interest rate 9.125%, Annual Percentage Rate (APR) 9.278%, 300 monthly payments of $847.77 each, total interest paid $154,713.92.
- 25-Year HELP Loan (80% LTV): Interest rate 9.000%, Annual Percentage Rate (APR) 9.151%, 300 monthly payments of $839.20 each, total interest paid $151,755.93.
- 15-Year HELP Loan (90% LTV): Interest rate 8.875%, Annual Percentage Rate (APR) 9.084%, 180 monthly payments of $1,006.84 each, total interest paid $81,602.47.
- 15-Year HELP Loan (80% LTV): Interest rate 8.750%, Annual Percentage Rate (APR) 8.957%, 180 monthly payments of $999.45 each, total interest paid $80,265.21.
- 10-Year HELP Loan (90% LTV): Interest rate 8.625%, Annual Percentage Rate (APR) 8.908%, 120 monthly payments of $1,246.55 each, total interest paid $49,945.83.
- 10-Year HELP Loan (80% LTV): Interest rate 8.500%, Annual Percentage Rate (APR) 8.781%, 120 monthly payments of $1,239.86 each, total interest paid $49,136.75.
- 10-Year Green Choice Retrofit HELP Loan (90% LTV): Interest rate 8.125%, Annual Percentage Rate (APR) 8.400%, 120 monthly payments of $1,219.89 each, total interest paid $46,725.47.
- 10-Year Green Choice Retrofit HELP Loan (80% LTV): Interest rate 8.000%, Annual Percentage Rate (APR) 8.273%, 120 monthly payments of $1,213.28 each, total interest paid $45,926.09.
Maximum Loan Amount is $250,000; however, the following stipulations apply:
- If Olyfed is in 1st lien position, 90% maximum loan to value up to $150,000
- If Olyfed is NOT in 1st lien position, 80% maximum loan to value up to $150,000
- 75% maximum loan to value for loan amounts $150,001- $250,000.
- 75% maximum loan to value if the purpose of this HELP is for debt consolidation
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