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 6.360% 6.489% $1,353.94 N/A
10 year fixed rate balloon loan (with payments based on 30 year amortization) 6.380% 6.467% $749.17 $102,175.17
7 year fixed rate balloon loan (with payments based on 15 year amortization) 6.270% 6.392% $1,030.22 $78,644.80
7 year fixed rate balloon loan (with payments based on 30 year amortization) 6.250% 6.360% $738.99 $108,774.09
15 year fixed rate loan 6.500% 6.593% $1,045.33 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 01/19/2023 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.