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Overview and Rates
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Below are a variety of options for financing or refinancing your home. Our skilled Sovereign Mortgage® team will work with you to find the right mortgage program, rate, and term that best meets your needs.
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Mortgages - Mid-Atlantic Rates
Effective November 20, 2009 -- Interest rates, APRs, terms, and conditions are subject to change without notice.
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Mortgage Type |
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Maximum Mortgage Amount |
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Max. LTV |
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Zero Points Int. Rate |
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Zero Points APR* |
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Three Points Int. Rate |
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Three Points APR* |
30 Year Fixed |
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$417,000 |
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95% |
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4.875% |
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4.9359% |
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4.25% |
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4.576% |
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15 Year Fixed |
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$417,000 |
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95% |
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4.25% |
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4.3612% |
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3.5% |
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4.0399% |
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NY properties add .25 point for New York State Real Estate Tax. |
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Benefits:
- Online mortgage tools and planning
- Low down payment loans
- Reverse Mortgages
- Loans for as little as $15,000
- FHA/VA mortgages
- Pre-qualifications
- Fast approvals**
- Zero points
- Construction loans
- Flexible terms available
- Bi-weekly loan programs
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Subject to credit approval.
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Rates are subject to the borrower meeting minimum credit score and loan-to-value requirements. |
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Sovereign Bank offers a diverse menu of conventional, jumbo, FHA/VA, fixed and adjustable rate mortgage products. The above rates are limited to properties located in Pennsylvania, New Jersey, New York, Delaware, Massachusetts, Connecticut, New Hampshire, and Rhode Island.
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Please call for details.
Rhode Island: (800) 288-6225
Connecticut: (877) 396-3618
Southeastern Massachusetts, Cape Cod & The Islands: (888) 262-2629
All Other Massachusetts & New Hampshire: (877) 284-4844
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Please call for details.
Pennsylvania: (800) 777-4588
Central/Southern New Jersey: (800) 362-8444
Northern New Jersey: (866) 364-4411
New York: (866) 364-4411
Delaware: (800) 719-6831
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*APRs are calculated assuming a property located in Massachusetts with a 30% down payment. It is also assumed that the loan is closing on the last day of the month. Based on a $100,000 mortgage loan of 30 or 15 years with a corresponding APR of 8.00% or 7.50%, you would make either 360 or 180 monthly payments of $733.76 or $927.01, respectively. |
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Upon receipt of completed application. |
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Sovereign Mortgage® is a registered trademark of Sovereign Bank or its affiliates or subsidiaries in the United States. |
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