Avidia Bank Massachusetts Mortgage Rates

Loan Program

Rate APR Points Term Rate Caps ARM Index ARM Margin Monthly Payment per $1000

30 Year Fixed

Conforming

4.00% 4.025% 0

360

Months

N/A N/A N/A $4.77

15 Year Fixed

Conforming

3.25% 3.294% 0

180

Months

N/A N/A N/A $6.97

Jumbo 30

Year Fixed*

4.125% 4.371% 0

360

Months

N/A N/A N/A

$4.85

 

 

5/1

Conforming

ARM

3.125% 3.796% 0

360

Months

2%/2%/5%

1 Year

LIBOR

2.25%

$4.28 Years 1-5

$4.77 Years 6-30

7/1

Conforming

ARM

3.25% 3.755 0 360 Months 5%/2%/5%

1 Year

LIBOR

2.25%

$4.35ear1-7

$4.75Yrs8-30

Portfolio

5/3 ARM

3.625% 4.052% 0

360

Months

2%/4%

3 Year

Treasury

2.75%

$4.56 Years 1-5

$4.87 Years 6-30

Portfolio

7/3 ARM

3.875% 4.098% 0

360

Months

2%/4%

3 Year

Treasury

2.75%

$4.70 Years 1-7

$4.88 Years 8-30

The above table is a sample of the rates and programs available at Avidia Bank.  For more information please complete the 'Information Request Form' and a MA Mortgage Loan Officer will contact you directly to further discuss your needs. Pricing is subject to change at any time. Rates are current as of 11/16/2017.

The information provided assumes the purpose of the loan is to purchase a property with a 25% down payment, a loan amount of $424,100 and an estimated property value of $560,000. The property is located in Massachusetts and is within Middlesex county. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 45 days and the assumed credit score is 740.

* The information provided for our JUMBO loans assumes the purpose of the loan is to purchase a property, with a loan amount above $598,000 and a 25% down payment. The property is located in Massachusetts and is within Middlesex county. The property is an existing single family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 45 days and the assumed credit score is 740.

Adjustable Rate APR subject to increase after initial discount rate period.  If the index increases, both the APR and the periodic payments will also increase.