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| 30 Year Fixed Rate |
| 20 Year Fixed Rate |
| 15 Year Fixed Rate |
| 1 Year Adjustable Rate Mortgage(ARM) |
| 3 Year Adjustable Rate Mortgage(ARM) |
| 5 Year Adjustable Rate Mortgage(ARM) |
| Home Equity Fixed Rate |
| Home Equity- Variable Rate 1 Year |
| Home Equity- Variable Rate 3 Year |
| Home Equity- Variable Rate 5 Year |
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30 Year Fixed Rate
Fixed 30 Year rate for 1-4 family owner-occupied dwellings. One of our most popular mortgage products due to it's lower monthly payments and no early pay-off penalties. Excellent for first time home buyers.
Term: 30 years
Maximum Amount: $250,000
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20 Year Fixed Rate
Fixed 20 Year Rate Mortgage that will remain here with us at YOUR friendly Neighborhood Bank
Term: 20 years
Maximum Amount: $250,000
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15 Year Fixed Rate
A 15 Year fixed rate loan for 1-4 family dwellings. Whether your a first time home buyer or shopping for your second home this may be the mortgage for you. Servicing will remain here at FLNB
Term: 15 years
Maximum Amount: $250,000
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1 Year Adjustable Rate Mortgage(ARM)
Fixed rate for one year. After the first year, the rate changes every twelve months on the anniversary of the loan. Rate changes are determined by the weekly average yield on U.S. Treasury securities adjusted to constant maturity of 12 months, with a maximum rate change at one time of 2%.
Term: 30 years
Maximum Amount: $250,000
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20 year term limit on raw land and manufactured homes. |
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3 Year Adjustable Rate Mortgage(ARM)
A fixed rate for 3 years. After the third year, the rate changes every three(3) years on the anniversary of the loan. Rate changes are determined by the weekly average yield on U.S. Treasury securities adjusted to constant maturity of three(3) years, with a maximum rate change at one time of 2%.
Term: 30 years
Maximum Amount: $250,000
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A 20 year term limit for purchases of raw land and manufactured home |
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5 Year Adjustable Rate Mortgage(ARM)
Fixed rate for Five(5) years. After the Fifth year, the rate changes every five(5) years on the anniversary of the loan. Rate changes are determined by the weekly average yield on U.S. Treasury securities adjusted to constant maturity of five(5) years, with a maximum rate change at one time of 2%.
Term: 30 years
Maximum Amount: $250,000
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A 20 year term limit for purchases of manufactured homes and raw land. |
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Home Equity Fixed Rate
Up to 20 year fixed rate for loans borrowed against the equity in your house. You can borrow up to 80% of the value of your home.
Term: 15 years
Maximum Amount: $100,000
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Home Equity- Variable Rate 1 Year
Fixed rate for one(1) year. After the first year, the rate changes every twelve(12) months on the anniversary of the loan. Rate changes are determined by the weekly average yield on U.S. Treasury securities adjusted to constant maturity of 12 months, with a maximum rate change at one time of 2%.
Applicants that qualify may be eligible to borrow up to 80% of the value of their house.
Term: 15 years
Maximum Amount: $100,000
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Home Equity- Variable Rate 3 Year
Fixed rate for three(3) years. After the third year, the rate changes every three(3) years on the anniversary of the loan. Rate changes are determined by the weekly average yield on U.S. Treasury securities adjusted to constant maturity of 3 years, with a maximum rate change at one time of 2%.
Applicants that qualify may be eligible to borrow up to 80% of the value of their house.
Term: 15 years
Maximum Amount: $100,000
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Home Equity- Variable Rate 5 Year
Fixed rate for five(5) years. After the fifth year, the rate changes every five(5) years on the anniversary of the loan. Rate changes are determined by the weekly average yield on U.S. Treasury securities adjusted to constant maturity of five(5) years, with a maximum rate change at one time of 2%.
Applicants that qualify may be eligible to borrow up to 80% of the value of their house.
Term: 15 years
Maximum Amount: $100,000
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