JUMBO Mortgage Offer
Burke & Herbert Bank is now offering a special low fixed interest rate of 4.990% on 30-year, jumbo mortgages, for both purchases and no-cash-out refinances.
KEY FEATURES
- 30-year, fixed rate conventional mortgage
- Loan amounts greater than $970,800
- No points
- Maximum loan-to-value up to 90%
- Minimum down payment requirement is 10%, which could be higher based on loan amount and credit score. (Second homes will require a higher down payment.)
For a sample loan amount of $1,000,000, with a down payment of 16.7%, the monthly principal + interest payment would be $5,362.11, for 360 months, resulting in an Annual Percentage Rate of 5.027%. (Excludes taxes, insurance and other applicable escrows. Actual payment will be higher.)
Take advantage of this special, great rate offer today.
Apply now or to learn more, call us at 703-684-1655 or have a Mortgage Loan Officer contact you.
NMLSR #195335
The above information is not a commitment to lend and is for information purposes only. All loans are subject to underwriting approval. The APR of 5.027% is based on 83.3% loan-to-value, with no Private Mortgage Insurance, no origination points and no discount points. Conventional loans only. Rate does not include any loan level price add-ons. Minimum loan amount is $970,801. Maximum loan-to-value is 90% for loans greater than $970,800, up to $2 million; 75% for loans greater than $2 million, up to $5 million. Must meet Burke & Herbert Bank minimum credit and approval standards. Rates and terms are subject to cancellation and/or change at any time.
