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||7.220%||7.358%||$1,407.24||N/A|
|10 year fixed rate balloon loan (with payments based on 30 year amortization)||7.220%||7.313%||$816.56||$104,340.96|
|7 year fixed rate balloon loan (with payments based on 15 year amortization)||7.160%||7.290%||$1,089.68||$80,540.42|
|7 year fixed rate balloon loan (with payments based on 30 year amortization)||7.150%||7.267%||$810.88||$110,453.93|
|15 year fixed rate loan||7.340%||7.441%||$1,101.86||N/A|
The 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 09/05/2023 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.