Conventional Mortgage Loans for Primary & …

Mortgage Rates

Effective Date: 07/23/2024

Need more details? Contact us at: 866.80.Loans or 866.805.6267 mortgages@

Conventional Fixed Rate Mortgages - for primary residences - servicing retained

Saleable 60 day lock period. 75 or 90 day lock periods available. See Expiration Date Schedule.

30 Year 20 Year 15 Year

Rate 6.500% 6.250% 6.375% 6.125% 6.375% 6.125%

Points 0.00% 1.00% 0.00% 1.00% 0.00% 1.00%

APR 6.538% 6.383% 6.424% 6.300% 6.437% 6.345%

Portfolio RateProtect 60 day lock period. 120 day lock period available. See Expiration Date Schedule.

30 Year 100% Financing 10 Year

7.125% 6.750%

0.00% 0.00%

7.039% 6.838%

Term 30 Year 30 Year 20 Year 20 Year 15 Year 15 Year

30 Year 10 Year

Home Ownership Made Easier - for 1st time homebuyers - servicing retained

Portfolio RateProtect 120 day lock period. See Expiration Date Schedule.

HOME Down Payment Assistance (DPA) 30 Year Fixed 5/1 ARM - 2/5 Cap; tied to 1-year T-Bill with 2.875% margin

Rate 6.875% 6.375%

Points 0.00% 0.00%

HOME

5/1 ARM - 2/5 Cap; tied to 1-year T-Bill with 2.875% margin 7/1 ARM - 2/5 Cap; tied to 1-year T-Bill with 2.875% margin

6.375% 7.125%

0.00% 0.00%

APR 6.893% 7.234%

7.234% 7.464%

Term 30 Year 30 Year

30 Year 30 Year

Monthly Payment (per $1,000 borrowed)

$6.32 $6.16 $7.38 $7.24 $8.64 $8.51

$6.65 $11.48

Monthly Payment (per $1,000 borrowed)

$6.57 $6.24

$6.24 $6.74

Adjustable Rate Mortgages (ARM) - for primary residences - servicing retained

Portfolio RateProtect 120 day lock period. See Expiration Date Schedule.

3/1 ARM - 2/6 Cap; tied to 1-year T-Bill with 2.875 margin 5/1 ARM - 2/6 Cap; tied to 1-year T-Bill with 2.875% margin 7/1 ARM - 2/6 Cap; tied to 1-year T-Bill with 2.875% margin

Rate 6.125% 5.875% 6.375% 6.125% 7.125% 6.875%

Points 0.00% 1.00% 0.00% 1.00% 0.00% 1.00%

APR 7.359% 5.996% 7.234% 6.248% 7.464% 7.003%

Term 30 Year 30 Year 30 Year 30 Year 30 Year 30 Year

Monthly Payment (per

$1,000 borrowed) $6.08 $5.92 $6.24 $6.08 $6.74 $6.57

Jumbo Mortgages - for primary homes - servicing retained - Portfolio RateProtect 120 day lock period. See Expiration Date Schedule.

Add .25% to rate for loan amounts above $1,000,000 to $2,000,000. Approval needed above $2,000,000.

Monthly Payment (per

30 Year Fixed 20 Year Fixed 15 Year Fixed 10 Year Fixed 5/1 ARM - 2/6 Cap; tied to 1-year T-Bill with 2.875% margin 7/1 ARM - 2/6 Cap; tied to 1-year T-Bill with 2.875% margin

Rate 6.875% 6.625% 6.625% 7.000% 6.625% 7.375%

Points 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

APR 6.913% 6.675% 6.687% 5.335% 7.334% 7.597%

Term 30 Year 20 Year 15 Year 10 Year 30 Year 30 Year

$1,000 borrowed) $6.57 $7.53 $8.78 $10.73 $6.40 $6.91

VA Mortgages - servicing retained

Saleable 60 day maximum lock period. 30 Year Fixed

Rate 6.375%

Points 0.00%

APR 6.403%

Term 30 Year

Monthly Payment (per

$1,000 borrowed) $6.24

Community Lending Mortgages - Champlain Housing Trust, Downstreet Housing & Community Development,

NeighborWorks of Western VT, Windham & Windsor Housing Trust

Montly Payment (per

Servicing Retained, unless paired with VHFA.

Rate

Points

APR

Term

$1,000 borrowed)

Saleable 60 day lock period. 75 or 90 day lock periods available. See Expiration Date Schedule.

Fixed rate products that are not saleable have a .5% rate markup.

30 Year Fixed

6.500%

15 Year Fixed

6.375%

0.00% 0.00%

6.538% 6.437%

30 Year 30 Year

$6.32 $8.64

Portfolio RateProtect 120 day lock period. See Expiration Date Schedule.

7/1 ARM - 2/5 Cap; tied to 1-year T-Bill with 2.875% margin

7.125%

0.00%

7.464%

30 Year

$6.74

Vermont Housing Finance Agency (VHFA) Mortgages - servicing released

Fixed Rate - Saleable 60 day maximum lock period.

Rate

Points

30 Year Advantage

6.500%

0.00%

30 Year Advantage 100% Rural Development (RD)

6.250%

0.00%

30 Year Move

6.250%

0.00%

30 Year Move 100% Rural Development (RD)

6.000%

0.00%

APR 6.538% 6.287% 6.287% 6.036%

Term 30 Year 30 Year 30 Year 30 Year

Monthly Payment (per $1,000 borrowed) $6.32 $6.16 $6.16 $6.00

Second Home Mortgages - servicing retained

Monthly Payment (per

Fixed Rate

Rate

Points

APR

Term

$1,000 borrowed)

Saleable 60 day lock period. 75 or 90 day lock periods available. See Expiration Date Schedule.

30 Year

6.625%

0.00%

6.773%

30 Year

20 Year

6.625%

0.00%

6.820%

20 Year

15 Year

7.125%

0.00%

7.372%

15 Year

Balloon - 10 year term / 25 Year Amortization - Portfolio RateProtect 120 day lock period. See Expiration Date Schedule.

Fixed - 10 year term/ 25 year amortization

7.250%

0.00%

7.294% 10 year/25 Amort

$6.40 $7.53 $9.06

$7.23

Adjustable Rate Mortgages (ARM) - servicing retained - Portfolio RateProtect 120 day lock period. See Expiration Date Schedule.

3/1 ARM - 2/6 Cap; tied to 1-year T-Bill with 3.125% margin

6.000%

0.00%

6.046%

15 Year

5/1 ARM - 2/6 Cap; tied to 1-year T-Bill with 3.125% margin

6.250%

0.00%

6.296%

15 Year

7/1 ARM - 2/6 Cap; tied to 1-year T-Bill with 3.125% margin

7.000%

0.00%

7.047%

15 Year

$8.44 $8.57 $8.99

Investment Property Mortgages - - servicing retained

Fixed Rate

Rate

Points

APR

Term

Saleable 60 day lock period. 75 or 90 day lock periods available. See Expiration Date Schedule.

30 Year

7.125%

0.00%

20 Year

6.625%

0.00%

15 Year

7.125%

0.00%

7.164% 6.675% 7.188%

30 Year 20 Year 15 Year

Balloon - 10 year term / 25 Year Amortization - Portfolio RateProtect 120 day lock period. See Expiration Date Schedule.

Fixed - 10 year term/ 25 year amortization

7.250%

0.00%

7.294% 10 year/25 Amort

3/1 ARM - 2/6 Cap; tied to 1-year T-Bill with 3.125% margin

6.500%

0.00%

7.603% 10 year/25 Amort

5/1 ARM - 2/6 Cap; tied to 1-year T-Bill with 3.125% margin

6.750%

0.00%

7.485% 10 year/25 Amort

7/1 ARM - 2/6 Cap; tied to 1-year T-Bill with 3.125% margin

7.500%

0.00%

7.761% 10 year/25 Amort

Monthly Payment (per $1,000 borrowed)

$6.74 $7.53 $9.06

$7.23 $6.75 $6.91 $7.39

Construction and Land Mortgages - servicing retained

Portfolio RateProtect 120 day lock period. See Expiration Date Schedule.

Balloon - 10 year term / Variable Amortization Construction - Primary and Second Homes, Interest only 1/1 ARM Land - 10 yr term/variable Amortization up to 20 years

Rate 7.750% 6.000%

2/6 Cap; tied to 1-year T-Bill with 3.125% margin

3/1 ARM Land - 10 yr term/variable Amortization up to 20 years

6.625%

2/6 Cap; tied to 1-year T-Bill with 3.125% margin

Points 0.00% 0.00%

0.00%

APR 8.302% 7.805%

7.590%

Monthly Payment (Mpeornthly Payment (per

Term

$1,000 borrowed)

6 to 12 Months

N/A

10 year/20 Amort

$7.16

10 year/20 Amort

$7.53

Manufactured Home Mortgages - for Primary residences on leased land or in a park - servicing retained

Portfolio RateProtect 120 day lock period. See Expiration Date Schedule.

20 Year - New Home 15 Year - New or Existing Home

Rate 9.375% 8.375%

Points 0.00% 0.00%

APR 9.431% 8.440%

Term 20 Year 15 Year

Monthly Payment (per

$1,000 borrowed) $9.24 $9.77

Special Mortgage Pairings

VGreen Mortgages - servicing retained

Portfolio RateProtect 120 day lock period. See Expiration Date Schedule.

Off Grid Mortgage

ARM

posted ARM rate plus 1.00%

Fixed Rate

posted fixed rate plus 1.50%

VT-Modular Mortgage - Fixed rate

posted fixed rate plus .50%

30 Year Max 30 Year Max 30 Year Max

Conventional Loan Limit

Unit # Max Loan Amount

1$

766,550

2$

981,500

3$

1,186,350

4$

1,474,400

Treasury Bill Weekly Average Index

1 Year

4.860%

Rate Lock Expiration Dates

Lock Period

Exp date

Price

Saleable Products 60 Day 75 Day 90 Day

9/21/24 10/6/24 10/21/24

Rate Sheet Price .125 points .25 points

Portfolio RateProtect Products

One time free float down available

120 Day

11/20/24

Rate Sheet Price

Rates can vary according to individual loan situations. Rates and lock periods are subject to change. The payment amount may be higher if escrows for property taxes, homeowner's insurance, or mortgage insurance are applicable. APR = Annual Percentage Rate.

Adjustable Rate Mortgages (ARMs) begin with a fixed rate and adjust upward or downward after the initial fixed term. ARM products contain two numbers. The first number refers to the number of years the interest rate at closing remains fixed. The second number is the number of years between interest rate changes after the initial fixed term expires.

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