Ask about Delta Bank’s Mortgage Plus Loan.
- Borrow up to 89.9% of the purchase price or appraised value of your home (whichever is less)
- No private mortgage insurance required
- No escrow required
- Local approval and servicing – Work with your local Delta Bank Professional from start to finish
|Terms||Rate||APR||Monthly Payment||Balloon Payment|
|10 year fixed rate loan||7.110%||7.249%||$1,400.50||N/A|
|10 year fixed rate balloon loan (with payments based on 30 year amortization)||6.980%||7.071%||$797.18||$103,725.39|
|7 year fixed rate balloon loan (with payments based on 15 year amortization)||7.100%||7.229%||$1,085.70||$80,399.89|
|7 year fixed rate balloon loan (with payments based on 30 year amortization)||7.060%||7.175%||$803.64||$110,274.71|
|15 year fixed rate loan||7.110%||7.211%||$1,086.38||N/A|
Payment amount does not include taxes and insurance premiums. The actual payment amount will be greater. Payment is based on a loan amount of $120,000.
Interest rates and annual percentage rates (APRs) are valid as of 03/08/2023 based on a borrower with a credit score of 720 or better and are subject to change daily.
These products are eligible for first liens secured by an owner-occupied dwelling and require a minimum loan amount of $75,000.
Other products and terms are available. For more accurate and personalized results, please call 888-757-8601 to talk to one of our lenders. All loans are subject to credit approval.