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| 30 year fixed rate mortgage, conventional |
| 20 year fixed rate mortgage, conventional |
| 15 year fixed rate mortgage, conventional |
| 10 year fixed rate mortgage, conventional |
| 5/1 adjustable rate mortgage, conventional |
| 3/1 adjustable rate mortgage, conventional |
| 1/1 adjustable rate mortgage, conventional |
| Nonconforming mortgage loans |
| Commercial real estate loans |
| Construction loans |
| Second mortgages and Equity lines of credit |
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30 year fixed rate mortgage, conventional
The following rate assumes a LTV ratio of 80% or less. This rate may not apply to "Cash-out" refinancings with a LTV ratio in excess of 70%.
Term: 30 years
Maximum Amount: $417,000
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| Rates | Points | APR |
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| 6% | 1% | 6.15% |
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20 year fixed rate mortgage, conventional
The following rate assumes a LTV ratio of 80% or less. This rate may not apply to "Cash-out" refinancings with a LTV ratio in excess of 70%.
Term: 20 years
Maximum Amount: $417,000
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| Rates | Points | APR |
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| 5.875% | 1% | 6.07% |
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15 year fixed rate mortgage, conventional
The following rate assumes a LTV ratio of 80% or less. This rate may not apply to "Cash-out" refinancings with a LTV ratio in excess of 70%.
Term: 15 years
Maximum Amount: $417,000
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| Rates | Points | APR |
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| 5.625% | 1% | 5.87% |
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10 year fixed rate mortgage, conventional
The following rate assumes a LTV ratio of 80% or less. This rate may not apply to "Cash-out" refinancings with a LTV ratio in excess of 70%.
Term: 10 years
Maximum Amount: $417,000
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| Rates | Points | APR |
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| 5.5% | 1% | 5.78% |
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5/1 adjustable rate mortgage, conventional
The rate on this loan is fixed for 5 years. In the sixth and following years, the rate will be determined annually by adding the margin to the 1 year Libor index. The rate on this loan assumes a LTV ratio of 80% or less. This rate may not apply to "Cash-out" refinancings with a LTV ratio in excess of 70%.
Term: 30 years
Maximum Amount: $417,000
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| Rates | Points | APR |
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| 5.375% | 1% | 6.48% |
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3/1 adjustable rate mortgage, conventional
The rate on this loan is fixed for 3 years. In the fourth and following years, the rate will be determined annually by adding the margin to the 1 year Libor index. The rate on this loan assumes a LTV ratio of 80% or less. This rate may not apply to "Cash-out" refinancings with a LTV ratio in excess of 70%.
Term: 30 years
Maximum Amount: $417,000
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| Rates | Points | APR |
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| 5.125% | 1% | 6.54% |
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1/1 adjustable rate mortgage, conventional
The rate on this loan is reset annually. The rate will be determined by adding the margin to the 1 year Libor index. The rate on this loan assumes a LTV ratio of 80% or less. This rate may not apply to "Cash-out" refinancings with a LTV ratio in excess of 70%.
Term: 30 years
Maximum Amount: $417,000
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| Rates | Points | APR |
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| 5.125% | 1% | 6.94% |
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Nonconforming mortgage loans
BNO offers a variety of loans to fit the needs of every homebuyer.
* Jumbo loans
* Debt consolidation
* Low and limited documentation
* Less than perfect credit
Please contact Robert Chauvin to find out more about these programs.
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Commercial real estate loans
BNO offers several options for financing commercial real estate. For more information, please contact Jack Lyons by email, or by phoning the number below.
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Construction loans
Please contact Robert Chauvin to obtain current rates or additional information on the BNO construction loan program.
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Second mortgages and Equity lines of credit
BNO can help you tap into your home's equity. Please contact our Installment loan manager, Mike Dardis, for additional information.
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $70,000 with closing costs of $1,125. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $418,000 with closing costs of $4,705. Your actual APR may be different depending upon these factors.
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