CONDOMINIUM LOANS

condominiums

A space of your own without all the upkeep

Condos are the perfect match for those who want a little more leg room and extra amenities that home-ownership may not provide.

Enjoy all the benefits of the condominium lifestyle

  • Borrow up to 95% of the value of the home
  • 5 to 30 year term options

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Loans subject to credit approval. See current rates and terms. Condominium financing will require a minimum of a 3% down payment. For example a $100,000 loan approved at 97% of value would require a down payment of $3,000. The minimum payment for a $97,000 loan with a 4.00% APR and 30-year term is $463.09. This payment example does not include taxes and insurance.  Your actual payment may be higher.  The monthly obligation will be determined by the total loan amount at the time of closing and the term and interest rate of the loan.  See our Loan Calculators for specific examples.