1-4 Family Owner Occupied Residential Loans from $465,751 up to $2,000,000.

The Provident Bank offers Jumbo Mortgage Loans at low conventional rates. Adjustable jumbo mortgage loans without the jumbo rate! Competitive rates for loan requests up to $2,000,000.

It's local, it's fast, it's at The Provident Bank!

JUMBO - Adjustable Mortgage Unit Cost at First Rate Change 1-4 family Owner Occupied from $465,751 up to $2,000,000.

Program Unit Cost @ 1st change 5 TO 1 ARM - Caps 2% / 6 %   $4.24 7 To 1 ARM - Caps 2% / 6 % $4.30

• Minimum Jumbo loan balance of $465,751 based on Essex county in Massachusetts and Rockingham county in New Hampshire; other limits may apply for other counties.  
• The contract rates will remain fixed until the first adjustment date and are subject to increase or decrease after consumation. Adjustments based on the 1 year US Treasury weekly constant plus a 2.75% margin.   
• Annual Percentage Rates (APR) are based on a $465,751 loan amount, 80% loan-to-value, 720 credit score, purchase or refinance with no cash out, single-family, owner-occupied property.  
• Other loan programs are available. Maximum loan-to-value may differ based on loan amount, credit score and property type.  
• A Risk-Based Fee may apply based on a combination of the loan amount, loan-to-value, credit score, loan purpose, property type and occupancy status.  
• Payment per $1,000 represents the monthly payment during the initial fixed term based on a $1,000 loan at the initial rate for a 30 year term. These payments do not include taxes and insurance. Your actual payment will be greater.  
• At the adjustment which could be in 5 or 7 years depending on product, the maximum increase could be 2%, with a maximum of 6% over the life of the loan. Maximum APR 18%. 
• The caps are the maximum interest rate changes for each adjustment and for the life of the loan.  
• Subject to credit approval. Normal underwriting terms and conditions apply.  
• Rates subject to change without notice.

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