Mortgage and Loan Rates


Effective April 26, 2017
 

Fixed Rate Mortgages 

Purchases or Refinance
 

Term Rate APR1 Monthly Payment2
(Payments Shown Do Not Include Taxes or Insurance)

30 Year

4.000%

4.105%

$4.78

20 Year

3.750%

3.895%

$5.93

15 Year

3.250%

3.434%

$7.03

10 Year

3.125%

3.391%

$9.72

 
Fixed Rate Mortgage Account Details
 
 
Rates effective as of April 26, 2017 

1.Annual Percentage Rate (APR) subject to change without notice. May include points, $17 flood certification fee, $325 origination fee, $350 underwriting fee, $ 500 settlement agent fee, $83 tax service fee, and 15 days prepaid interest. Property insurance is required. The estimated APR is based on a mortgage of $100,000 and does not take into account Private Mortgage Insurance (PMI).
 
2. Per $1,000 Borrowed. Payments shown do not include taxes or insurance. Your payments may be greater. Owner-occupied single family properties only. APR based on 25% downpayment and 0 points. Downpayment of less than 20% requires mortgage insurance. Property and flood insurance where required.


Adjustable Rate Mortgages (ARM)

Purchases or Refinance
 

Product

Term

Caps

Rate

APR1

Monthly Payment2
(Payments Shown Do Not Include Taxes or Insurance)

3/3 ARM

30 Year

2%/6%

3.000%

4.067%

For months 1 to 36, the cost per $1,000 is $4.22. Based on the current index and margin, for months 37 to 360, the maximum rate would be 9.000% with a cost per $1,000 of $7.39.

5/1 ARM

30 Year

2%/6%

3.000%

3.587%

For months 1 to 60, the cost per $1,000 is $4.22. Based on the current index and margin, for months 61 to 360, the maximum rate would be 9.000% with a cost per $1,000 of $7.36. 

7/1 ARM

30 Year

2%/6%

3.250%

3.618%

For months 1 to 84, the cost per $1,000 is $4.35. Based on the current index and margin, for months 85 to 360, the maximum rate would be 9.250% with a cost per $1,000 of $7.30.

10/1 ARM

30 Year

2%/6%

3.500%

3.699%

For months 1 to 120, the cost per $1,000 is $4.49.  Based on the current index and margin, for months 121 to 360, the maximum rate would be 9.500% with a cost per $1,000 of $7.10.

 
Adjustable Rate Mortgage Account Details
 
Rates Effective April 26, 2017 
 
The 3/3 and 7/1 adjustable rate mortgages may have an introductory discount where the initial rate is less than the sum of the index and margin. The discount will be in effect for the initial period only.
 
APRs shown above are based on a 30 year term (360 payments) and are subject to change after consummation.
  
1.Annual Percentage Rate (APR) subject to change without notice. May include points, $17 flood certification fee, $325 origination fee, $350 underwriting fee, $ 500 settlement agent fee, $83 tax service fee and 15 days prepaid interest. Property insurance is required. The estimated APR is based on a mortgage of $100,000 and does not take into account Private Mortgage Insurance (PMI).
 
2. Per $1,000 Borrowed. Payments shown do not include taxes or insurance. Your payments may be greater. Private mortgage insurance is mandatory on residential mortgage loans with less than 20% equity. Rates are subject to change without notice due to market conditions. Payment does not include taxes and insurance, actual payment may be greater. Products are available in our assessment area. Restrictions may apply.
 

Construction Mortgages

Contact a member our mortgage team for rate and product information.

Contact A Mortgage Consultant

 

Home Equity Loans

Fixed Rate - No Closing Cost - 1/4 Family Owner Occupied Dwellings
 

Term APR1 Monthly Payment2
(Payments Shown Do Not Include Taxes or Insurance)
Elite APR3 Monthly Payment2
(Payments Shown Do Not Include Taxes or Insurance)

5 yr

3.250%

$18.08

3.000%

$17.97

10 yr

4.375%

$10.30

3.875%4

$10.07

15 yr

4.875%

$7.84

4.625%

$7.71


Home Equity Loan Account Details

 

Rates effective as of April 26, 2017 
 
1.Annual Percentage Rate (APR) subject to change without notice. 
 
2. Per $1,000 Borrowed. Rate offer is subject to change at any time. Minimum loan amount $10,000, maximum loan amount $500,000. Maximum loan amount not to exceed 80% of property value on a 1-4 family owner occupied home. The payment on a 10-year Fixed-Rate Loan at 3.75% for $50,000 is 119 payments of $500.31 and a final payment of $499.76. The APR of 3.75% is fixed for the 10-year term. Payment does not include taxes and insurance premiums therefore payment obligation will be greater. Borrower responsible for property insurance. APR indicated requires automatic payment from a Centreville Bank checking account. Please see customer service representatives for rates without automatic payment. Subject to credit approval. Other terms available.
 
3.To be eligible for an Elite APR, you must have a Centreville Bank Elite Checking Account . Additional restrictions may apply; please refer to the Truth-In-Savings Disclosure for further detail.
 
4. APR indicated requires automatic payment from a Centreville Bank checking account.
 

Home Equity Line of Credit (with Promotional APR)

  • 1.99% Intro APR1 for the first 12 months
  • Thereafter APR will resort to Prime + 0 (Currently 4.00% APR)2

 

Home Equity Line of Credit Account Details

 

Rates Effective April 26, 2017 
 
1. As of 4/14/2017, 1.99% Introductory Annual Percentage Rate (APR) is for the initial 12 months. After the introductory period, the Annual Percentage Rate (APR) may vary monthly and will be based on the Prime Rate as listed in The Wall Street Journal (Prime) plus a margin. A minimum initial draw of $25,000 is required. All subsequent draws will be set at $100 or more. Personal Elite Checking account is required to get the intro APR. After the introductory period, the APR will not be less than 4.00% APR or more than 18% APR.
 
2. After the introductory period the rate will be set at Prime +0%. As of 03/16/2017 the Prime Rate is 4.00%. In some instances, the APR calculation used could result in a fully indexed APR below the minimum APR of 4.00%. If this occurs, your APR will not be less than 4.00%. Property hazard insurance required. No closing costs except for cooperatives and properties held in a trust (approximately $150). $50 Annual Fee is waived for the first year. Early termination of $350 fee applies. Other terms and conditions and restrictions apply. Subject to credit approval. Offer subject to change without notice.
 

Auto Loans

Loan Account Type Term  APR1 Monthly Payment2
New Auto
(2016 - 2017)
Up to 72 Months 3.99% $15.64
Used Auto
(2013 - 2015)
Up to 48 Months 4.49% $22.80
New Motorcycle
(2016 - 2017)
Up to 60 Months 5.24% $18.98
Used Motorcycle
(2013 - 2015)
Up to 48 Months 6.24% $23.60
New RV's & Trailers
(2016 - 2017)
Up to 72 Months 6.99% $17.04
Used RV's & Trailers
(2013 - 2015)
Up to 60 Months 7.50% $20.04

Auto Loan Account Details

 

Rates effective April 26, 2017 
 
The above rates require Automatic Payment from your Centreville Bank checking account and may change if automatic payment is cancelled. Automatic Payment is not required to obtain the loan.
 
1. Annual Percentage Rate. APR Annual Percentage Rate will be determined by individual credit worthiness.
 
2. Per $1,000 borrowed. Based on Longest Term & with Auto Payment.

 

Unsecured Personal Loans

Product APR as low as1

Monthly Payment2

Unsecured Personal Loan (Maximum amt $10,000) 11.50% $26.09 / 48 months

Unsecured Personal Loan Account Details

 

Rates Effective April 26, 2017 

The above rates require Automatic Payment from your Centreville Bank checking account and may change if automatic payment is cancelled. Automatic Payment is not required to obtain the loan.
 
1. Annual Percentage Rate will be determined by individual creditworthiness. APR's are subject to change without notice. Some restrictions apply. Rates are subject to change without notice.  
 
2. Per $1,000 borrowed. Based on Longest Term & with Auto Payment.