JUMBO MORTGAGES

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Jumbo mortgages for 1-4 family home purchases up to $1 Million

4.000
%
Rate

4.013
%
APR
30 Year Fixed Rate
3.375
%
Rate

3.397
%
APR
15 Year Fixed Rate

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As of 8/28/2015, an example that illustrates a $500,000, 30 year fixed-rate mortgage, with a 25% down payment, has an APR 4.013% and a monthly P & I payment of $2,387.10. Rates and APRs are subject to change without notice. The estimated monthly payment does not include taxes and insurance premiums, and the actual monthly payment will be greater. Available for 1-4 family, owner occupied homes, and Valley approved condominiums and co-ops in NJ, NY, PA and FL. Rates and APRs for co-ops will be higher. Minimum loan amount of $417,001 for single family, $533,851 for two family, $645,301 for three family and $801,951 for four family homes. Maximum loan amount of $1,000,000. Maximum loan-to-value (LTV) of 75% for single family, 70% for co-ops and 65% for 2-4 family homes. Other programs are available for other loan amounts and properties, including a program for loan amounts from $1,000,001 to $2,000,000 with different rates, APRs and LTV requirements. Subject to credit approval. Additional terms and conditions apply.