Adjustable Rate Mortgages (ARM) Refinance
For up-to-the minute rates, please call our Loan Servicing Department at 860-688-8511. Rates at time of application are for illustrative purposes only, and are not locked at time of online application completion.  Please call for more details!

Rates as of Wednesday, March 10, 2010
Points Interest Rate APR Payment per $1,000 Payments Apply
1 Year Adjustable 30 Year
0.000 4.250% 4.057% $4.92 Show Payments
3 Year / 1 Year Adjustable Rate (3 year fixed rate to 1 year adjustable thereafter) 30 Year
0.000 4.375% 4.123% $4.99 Show Payments
5 Year / 1 Year Adjustable Rate (5 year fixed rate to 1 year adjustable thereafter) 30 Year
0.000 4.750% 4.312% $5.22 Show Payments
7 Year / 1 Year Adjustable Rate (7 year fixed rate to 1 year adjustable thereafter) 30 Year
0.000 5.250% 4.650% $5.52 Show Payments
10 Year / 1 Year Adjustable Rate (10 year fixed rate to 1 year adjustable thereafter) 30 Year
0.000 5.374% 4.918% $5.60 Show Payments
The contract rates will remain fixed until the first adjustment date and are subject to increase or decrease after consummation. Adjustments based on the 1 year US Treasury weekly constant plus a 2.75% margin.  However, at no time will your rate ever be lower than 4.00% or higher than 18.00% regardless of the 1 year US Treasury rate.
  • Rates at time of application are for illustrative purposes only, and are not locked at time of online application completion.  Please call for more details!
  • Illustrated rates are for 1 - 4 Family Owner Occupied Residential Loans up to $417,000. Please call for loans up to the new temporary high loan limit of $440,000.
  • Annual Percentage Rates (APR) are based on $100,000 for conventional loans with a 20% down payment. Any down payment less than 20% would require a monthly PMI (Private Mortgage Insurance) payment.
  • Minumum APR 4%; Maximum APR 18%
  • Initial Unit Cost represents the monthly payment during the initial fixed term based on a $1,000.00 loan at the discounted rate for a 30 year term.
  • Payment per $1,000.00 represents the monthly payment based on a $1,000.00 loan at the rate and term indicated.
  • At the adjustment which could be in 1, 3, 5, 7 or 10 years depending on product. The maximum increase could be 2% yearly cap with a maximum of 5% lifetime cap (6% lifetime cap for 1 year) over the life of the loan.
  • Subject to credit approval.
  • Rates apply to the purchase or non cash out refinancing of owner occupied properties only and are subject to change without notice.
  • Other terms and conditions may apply.