Limited Time Mortgage Rate Offer

At PeoplesBank, we want every closing to feel more like an opening. Whether you're purchasing or refinancing, your mortgage is the beginning of a lifetime of memories.

Check MarkEnjoy a rate of 5.875% on a 10/1 Adjustable-Rate Mortgage (ARM)

Check Mark6.731% Annual Percentage Rate 

Check MarkGet $500 off closing costs

Check MarkAvailable on purchase and refinance loans

 

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10/1 ARM: Rate - 5.875% | APR 6.731%

LEGAL INFORMATION & DISCLOSURES

Annual Percentage Rate (APR) assumes a 20% down payment. The actual interest rate, points and delivery fees available to you will be based on your credit history, loan-to-value ratio and other factors and may be different than rates posted here. Rates are subject to change without notice. Payments do not include taxes and insurance and actual payments may be greater. Rates posted are for purchase money or refinance, single family, owner-occupied properties. ARM Rates are subject to increase after consummation. 10/1 ARM fixed-rate Introductory period lasts 10 Years. Rate and payment are subject to adjust after the first 10 years and annually thereafter. ARM Caps 2% per adjustment / 6% lifetime. Repayment terms on the 10/1 ARM with 0 points are: 120 payments in the amount of $5.92 per $1,000 borrowed at an interest rate of 5.875%. Followed by 240 payments in the amount of $6.59 per $1,000 borrowed at an interest rate of 7.250%. Additional Adjustable-Rate products are available. Please ask us for details. Final payment varies based on life of loan history and settlement charges. Rate special and closing cost offer as of 5/1/2025.

$500 off closing costs is for 10/1 mortgages only and is subject to change without notice.