Ohio Mortgage Rates September 28, 2010
A snapshot of bank mortgage lenders in Ohio and Ohio mortgage rates.
With Mortgage rates holding at all time low levels, potential homeowners and existing homeowners should be comparing rates to find out the benefits of homeownership or the savings with a mortgage refinance. Since a mortgage loan is the biggest financial obligation most individuals will incur, it only makes sense to shop and compare rates.
Each week, Findlocalmortgagerates.com surveys the top five bank mortgage lenders in the nation and the top FHA mortgage lenders to provide a snapshot of mortgage rates and terms available. Periodically, we produce a snapshot of mortgage rates in a specific sate. Today, we highlight mortgage rates and bank mortgage lenders in Ohio.
Though, home loan underwriting or loan approvals have become considerably more stringent, most bank mortgage lenders will prequalify a borrower for little or no charge. Existing homeowners, regardless of how long they have owned their home, may be eligible for a refinance in Ohio at todays near record low mortgage rates.
Today’s Ohio mortgage rates survey includes the home loan rates from Third Federal Savings and Loan, mortgage rates offered by Huntington Bank’s Huntington mortgage division and mortgage rates from Ohio Valley Bank.
Huntington Bank offers a 30 year mortgage rate in Ohio at 4.00% with 1.0 point and a 4.251% APR. The 15 year mortgage rate from Huntington Mortgage is at 3.50% and 1.0 point for a 3.964% APR.
Ohio Valley Bank offers a 30 year mortgage rate in Ohio at 4.375% with no points and a 4.448% APR. The 15 year Ohio mortgage rate from Ohio Valley Bank is at 3.75% with no pints and an APR at 3.876%.
Third Federal Savings and Loan Ohio mortgage rates includes the 30 year loan at 4.39% with zero points and a 4.481% APR and a 15 year mortgage loan with an interest rate of 3.89% with zero points and an APR of 4.048%.
For the bank mortgage rates listed, one point is equivalent to 1% of the loan amount. The mortgage interest rates, annual percentage rate (APRs) and discount points shown from Ohio mortgages are subject to change without notice.
The listed Ohio mortgage rates assume a 20% down payment. Down payment, credit, property value as well as property location are all factors that can determine the effective mortgage rate.
Mortgage rates in Ohio listed above are subject to change without notice. All loans are subject to credit approval and bank lender underwriting.
Other loan terms and pricing options are available from these bank mortgage lenders.
Huntington Bank can be reached at 1-800-562-6871.
Ohio Valley Bank which offers mortgages, home equity, construction, auto, and personal loans can be reached at 1-877-893-2265.
Third Federal Savings and Loan has 22 full service branches in Northeast Ohio, eight lending offices in Central and Southern Ohio, and 17 full service branches throughout Florida and can be reached at1-800-844-7333.
CT Mortgage Rates July 17, 2010
Findlocalmortgagerates.com reports Connecticut mortgage rates for 30 year fixed rate mortgages and 15 year fixed rate mortgages form two of the largest bank mortgage lenders in Connecticut as well as two of the largest bank mortgage lenders in the nation.
Whether looking for a mortgage to buy a new home or refinance an existing a home loan in CT, review the mortgage rates from multiple bank mortgage lenders in CT will help assure that you find the best mortgage rate and home loan available. Successful mortgage rate and loan shopping in CT should involve comparing the lowest rate mortgage and the best services among several competent lenders before selecting the right loan.
The two local bank lenders from CT in this week’s survey are Newton Savings Bank, the 12th largest CT based bank, and Naugatuck Savings Bank, the 13th largest bank based in CT. The national banks included the survey include TD Bank, the 13th largest bank in the nation and Chase Bank, the largest US bank.
Naugatuck Savings Bank offers a 30 year fixed rate mortgage in CT at 4.75% with no points for a 4.751% APR and a 15 year mortgage rate in CT 4.125% with no points and an APR of 4.127%.
TD Bank mortgage rate on a 30 year fixed is at 4.75% with zero points and a 4.921% APR while the 15 year mortgage rate from TD Bank is at 3.99% with no points and a 4.094% APR.
Newton Savings Bank promotes a 30 year fixed rate home loan at 4.50% with .25 points and a 4.544% APR. Newton Savings Bank also offers a 15 year at 4.00% with no points and an APR of 4.038%.
Chase mortgage rates in CT for the 30 year and 15 year are at 4.875% with .25 points and a 4.944% APR on the 30 year and 4.375% with zero points and a 4.454% APR on the 15 year fixed.
CT mortgage rates and terms listed are for owner-occupied properties with a 20% down payment and excellent credit. All mortgage interest rates are subject to credit and property approval and bank underwriting. Rates are subject to change without notice. Home loan rates and APRs may vary based on the final loan amount, finance charges, borrower’s credit history and other loan details.
Additional loan programs and mortgage rate options are also available from these bank mortgage lenders.
The bank lenders in CT listed can be reached at the following contact numbers:
Naugatuck Savings Bank can be reached at 877-729-4442.
Chase Bank loan officers are available at 800-873-6577.
Newton Savings Bank is available at 800.461.0672.
TD Bank mortgage customer service is at 800-937-5020.