First-Time Homebuyers Program
New Tripoli Bank's lending team will be with you every step of the way. Take the first step by talking to one of our mortgage experts to get prequalified for the right-priced home for you!
Borrower Qualifications
- Must be a first time homebuyer.
- Must meet maximum annual income limits (varies by county and number of household members).
- Applicant needs a minimum of 5% down payment.
- Borrowers and property must meet standard underwriting guidelines.
- Borrowers are required to maintain a checking or savings account at New Tripoli Bank with automatic payment deduction for the mortgage payments.
Benefits
- Introductory interest rate reduction of 0.25% to mortgage loan rates below
- $150 processing fee waived
- $350 document preparation fee waived
- Convenient payment options... talk to a lender today for more info!
For more information, contact our Loan Department at (610) 628-1828.
Current Rates
Effective Date: Saturday, September 7, 2024
Terms | Points | Annual Percentage Rate (APR) | Interest Rate | Monthly Payment Per $1,000 Borrowed |
---|---|---|---|---|
15 years* | 0 | 6.296% | 6.250% | $8.57 |
15 years* | 1 | 6.203% | 6.000% | $8.44 |
20 years* | 0 | 6.411% | 6.375% | $7.38 |
20 years* | 1 | 6.287% | 6.125% | $7.24 |
30 years* | 0 | 6.653% | 6.625% | $6.40 |
30 years* | 1 | 6.499% | 6.375% | $6.24 |