New York Mortgage Refinance

For a $499 origination fee, you can refinance your mortgage to a lower rate. Other programs are also available for a cash-out option. Now available for owner-occupied, multi-family properties!

$499 Origination Fee (includes all Valley fees)
No appraisal fees No settlement fees
No title fees No underwriting fees
No commitment fees No credit report fees
No processing fees No flood certification fees
No tax service fees No survey fees
No documentation prep fees No points
$400 OFF Coupon

$400 OFF Coupon

This special program is available for the refinance of owner-occupied, multi-family homes (1-4 family) in New York. Other programs, including a $499 Refinance Program in New Jersey and Pennsylvania, are available.

Interest Rate*Annual Percentage RatePointsMonthly P&I Payment Per $1000
NY $499 Refi 10 Year Fixed*3.375%3.480% APR0 Points$9.83
NY $499 Refi 10 Year Fixed - Jumbo**3.500%3.521% APR0 Points$9.89
NY $499 Refi 15 Year Fixed*3.500%3.573% APR0 Points$7.15
NY $499 Refi 15 Year Fixed - Jumbo**3.625%3.640% APR0 Points$7.21
NY $499 Refi 20 Year Fixed*4.375%4.433% APR0 Points$6.26
NY $499 Refi 20 Year Fixed - Jumbo**4.500%4.512% APR0 Points$6.33
NY $499 Refi 30 Year Fixed*4.500%4.543% APR0 Points$5.07
NY $499 Refi 30 Year Fixed - Jumbo**4.625%4.634% APR0 Points$5.14

For more information, please visit your nearest Branch office or call our local 24/7 Customer Service Center at 800-522-4100, option 3.

*Rates and APRs are valid as of publication date (4/16/2014) and are subject to change without notice.

**The sample loan terms shown above assume a loan amount of $100,000 for conforming loans ($100,000 - $417,000) and $500,000 for non-conforming, jumbo loans ($417,001 - $1,000,000). The estimated monthly payments do not include taxes and insurance premiums, and the actual monthly payments will be greater. Program is available in NY for 1-4 family, owner-occupied properties and condominiums only with a minimum loan amount of $100,000 and a maximum of $1,000,000. Co-ops and investment properties are not eligible for this program. Other programs are available for other loan amounts and properties. Approved applicants will be responsible at closing for funding interim interest and an escrow account for property taxes and insurances. If applicable, approved applicants will also be responsible for assignment (e.g. CEMA), prepayment, and lien subordination fees from existing lenders, any NY mortgage recording taxes, and all other NY county or municipal fees. Cannot be combined with other offers. Subject to credit approval. Additional terms and conditions apply.