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Welcome to Freehold Savings Bank website. To those of you who have made us a part of your family, we thank you for your trust and support. If you are visiting for the first time, welcome to our bank. We understand the value of keeping good relationships. Our commitment to the community runs deep. Explore our site weekly for upcoming specials, products and developments. We're looking forward to being of service to you. Contact Us
Mortgage | Home Equity Loans | Home Equity Line of Credit | Standard CD and IRA | Checking & Savings
Effective as of: February 7, 2012
| Mortgage Rates Conventional Purchase and Refinance Application fee $425.00 | |||
| Product Type | Points | Interest Rates | Annual Percentage Rates (APR) |
|---|---|---|---|
|
|
|||
| 10 Year 20% Down- (Payment is $9.65 per $1,000) | 0 | 2.990% | 3.04% |
| 15 Year 20% Down- (Payment is $7.03 per $1,000) | 0 | 3.250% |
3.28% |
| *20 Year 20% Down- (Payment is $6.13 per $1,000) | 0 |
4.000% |
4.03% |
| *30 Year 20% Down- (Payment is $4.92 per $1,000) | 0 | 4.125% | 4.15% |
| **30 Year First Time Buyer- (Payment is $4.92 per $1,000) | 0 | 4.125% | 4.15% |
All rates are applicable to loans up to 80% Loan-to-Value. The home securing the loan must be the applicant's 1-4 family owner-occupied residence, town home or condominium located in Monmouth County or Ocean County. Rates are subject to change without notice.
* 20 & 30 Year Mortgages - APR includes a $1,000 Commitment Fee that is refunded at closing.
**First Time Buyer Application fee of $425.00 is refunded at closing.
JUMBO Mortgage Rates are available. Please call for the current rate.
Interest rate and APR includes a 1/4% rate reduction for automatic payments transferred from a savings or checking account held at Freehold Savings Bank and is applicable to loans up to 80% Loan-to-Value. Loan must be in first lien position or Freehold Savings Bank has the first mortgage. The home securing the loan must be the applicant's 1-4 family owner-occupied residence, town home or condominium located in Monmouth County or Ocean County. Other conditions apply. Please call for details. Rates are subject to change without notice.
APPLICATION FEE $300.00
| Home Equity Loans SECOND LIEN POSITION | ||
| Rate Term | Interest Rate | Annual Percentage Rate (APR) |
|---|---|---|
| 5 Year- (Payment is $18.42 per $1,000) | 4.00% | 4.37% |
| 10 Year- (Payment is $10.48 per $1,000) | 4.50% |
4.81% |
| 15 Year- (Payment is $7.71 per $1,000) | 4.625% | 4.92% |
| 20 Year- (Payment is $6.88 per $1,000) | 5.50% | 5.79% |
| 25 Year- (Payment is $6.44 per $1,000) | 6.00% | 6.28% |
Interest rate and APR includes a 1/4% rate reduction for automatice payments transferred from a savings or checking account held at Freehold Savings Bank and is applicable to loans up to 70% of Loan-to-Value, if Freehold Savings Bank does not have the first lien. The home securing the loan must be the applicant's 1-4 family owner-occupied residence, town house or condominium located in Monmouth County or Ocean County. Other conditions apply, please call for details. Rates are subject to change without notice.
APPLICATION FEE $300.00
| Home Equity Line of Credit |
| Rate Term |
|---|
| Variable Rate APR 2.95%* Minimum Rate (floor) is 5.00% Maximum Rate (ceiling) is 18.00% |
| 15 and 20 Year Repayment Term available |
*APR INTRODUCTORY RATE FOR 12 MONTHS WITH A MINIMUM PRINCIPAL BALANCE OF $10,000.00. APR includes a 1/4% rate reduction for automatic payments transferred from a saving or checking account held at Freehold Savings Bank. Other conditions apply - please call for details. Application fee of $300.00. Rates are subject to change without notice.
Minimum deposit required to obtain the annual percentage yield. Interest is compounded daily and credited monthly. Rates subject to change without notice. A penalty may be imposed for premature withdrawal. Fees may reduce earnings on accounts.
Minimum opening deposit and minimum balance to earn annual percentage yield. Rates subject to change without notice. Fees may reduce earnings on accounts.
Interest rates and APYs on checking and savings accounts are variable and are subject to change at managements' discretion.
