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CONVENTIONAL FIXED RATE MORTGAGES View Assumptions & Disclosure >

CONVENTIONAL FIXED RATE RATE MORTGAGES (FRM) – ASSUMPTIONS & DISCLOSURE

Subject to credit approval. Pricing for loan amounts up to a maximum of $806,500 Max LTV (loan-to-value) 95%. Annual Percentage Rate (APR) is based on a $100,000.00 loan. Payment per $10,000 does not include taxes and insurance. Your payment will be greater. Max LTV is based on the lesser of the sale price (if purchase) or appraised value. Homes for sale ineligible. If property held in trust, trust review fee of $600 will apply. First Time Homebuyer programs available at modified terms. Private mortgage insurance is required on all mortgages that exceed 80% LTV. Contact a Loan Officer for more details.

LOAN TERM POINTS RATE ANNUAL PERCENTAGE RATE1 PAYMENT PER $10,0002 APPLY NOW
30 years 0.00% 6.75% 6.92% $64.86 APPLY NOW
(FRM 30 YEAR)
20 years 0.00% 6.63% 6.84% $75.30 APPLY NOW
(FRM 20 YEAR)
15 years 0.00% 6.00% 6.27% $84.39 APPLY NOW
(FRM 15 YEAR)
10 years 0.00% 5.88% 6.25% $110.39 APPLY NOW
(FRM 10 YEAR)
View Disclosures

1. Annual Percentage Rate (APR) is based on a $100,000.00 loan. The rate quoted above for the standard Fixed Rate and First Time Homebuyer (FTHB) products are published with a Guilford Savings Bank Access, Preferred Access or Prime Access checking account and having the monthly mortgage payment auto deducted from the account for the life of the loan. If you chose to not have a Guilford Savings Bank Access, Preferred Access or Prime Access checking account and having the monthly mortgage payment auto deducted from the account for the life of the loan the rate is 0.125% higher.
2. Payment per $10,000 does not include taxes and insurance. Your payment will be greater. Monthly payments: 30 year, 360 monthly payments; 20 year, 240 monthly payments; 15 year, 180 monthly payments; 10 year, 120 monthly payments.

Conventional Fixed Rate Mortgages (FRM) – Assumptions & Disclosure

Subject to credit approval. Pricing for loan amounts up to a maximum of $806,500 Max LTV (loan-to-value) 95%. Annual Percentage Rate (APR) is based on a $100,000.00 loan. Payment per $10,000 does not include taxes and insurance. Your payment will be greater. Max LTV is based on the lesser of the sale price (if purchase) or appraised value. Homes for sale ineligible. If property held in trust, trust review fee of $600 will apply. First Time Homebuyer programs available at modified terms. Private mortgage insurance is required on all mortgages that exceed 80% LTV. Contact a Loan Officer for more details.

Biweekly rates available upon request.

ADJUSTABLE RATE MORTGAGES 3, 4 View Assumptions & Disclosure >

ADJUSTABLE RATE MORTGAGES (ARM) – ASSUMPTIONS & DISCLOSURE

Subject to credit approval. Pricing for loan amounts up to a maximum of $766,550 Max LTV (loan-to-value) 95%. Max. term up to 30 Years. Annual Percentage Rate (APR) is based on a $100,000.00 loan. Payment per $10,000 does not include taxes and insurance. Your payment will be greater. Rate may increase after consummation. Max LTV is based on the lesser of the sale price (if purchase) or appraised value. Homes for sale ineligible. If property held in trust, trust review fee of $600 will apply. Private mortgage insurance is required on all mortgages that exceed 80% LTV. Contact a Loan Officer for more details.

LOAN TERM POINTS RATE ANNUAL PERCENTAGE RATE1 PAYMENT PER $10,0002 APPLY NOW
5/6 ARM 0.00% 6.000% 7.004% 60 @ $60.87and 300 @ $74.25 APPLY NOW
(ARM 5/6 0PT)
7/6 ARM 0.00% 6.125% 7.085% 84 @ 61.45and 276 @ $74.25 APPLY NOW
(ARM 7/6 0PT)
View Disclosures

1. Annual Percentage Rate (APR) is based on a $100,000.00 loan.
2. Payment per $10,000 does not include taxes and insurance. Your payment will be greater. Monthly payments: 30 year, 360 monthly payments; 20 year, 240 monthly payments; 15 year, 180 monthly payments; 10 year, 120 monthly payments.
3. The margin listed for all adjustable rate mortgages above is 2.75% and the fully indexed rate is 2.750%.
4. Subject to credit approval. When the initial fixed interest rate term expires, the interest rate will change to an adjustable interest rate on the change date. The adjustable interest rate may change on the change date and every 6th month thereafter. The rate will be calculated based on an index, which is the 30-day average SOFR rate, as made available by the Federal Reserve Board. The most recent index figure available as of the date 45 days before each change date will be used. This will be called the current index. Before each change date, the new interest rate will be calculated by adding the margin to the current index, resulting in the fully indexed rate. The fully indexed rate is rounded to the nearest one-eighth of one percentage point. This is not a commitment to lend. Rates are subject to change without notice. For more information, contact a loan officer. GSB NMLS #517294.

View ARM 5/6 Disclosures: https://mygsb.bank/5-6-arm-disclosure-and-booklet/
View ARM 7/6 Disclosures: https://mygsb.bank/7-6-arm-disclosure-and-booklet/

HOME EQUITY LINE OF CREDIT (HELOC) VIEW ASSUMPTIONS & DISCLOSURE >

HOME EQUITY LINE OF CREDIT (HELOC) – ASSUMPTIONS & DISCLOSURE

No points. Credit line limits between $25,000 and $500,000. Maximum Combined Loan To Value (CLTV) is 80%. Other terms and conditions apply. Total term is 240 months which includes an interest-only draw period for the initial ten years and then a ten year principal repayment period. No balance transfer required. Annual Membership Fee is $95.00, waived for the first year. Early termination fee of the lesser of 2% of the initial credit limit or $750.00 for first two years. Auto pay feature must be maintained for life of loan for rate discount. Your rate will be calculated to the Index which is the Prime Rate which is found in the Money Rate Section of The Wall Street Journal. Annual Percentage Rate (APR) may adjust monthly based on changes in the Index. The minimum APR is 3.00%. The maximum APR is 17%. Loan amounts in excess of $250,000 require a full appraisal, paid by applicant. Title Insurance and property insurance are required. Homes for Sale or intended for sale within the next 6 months are not eligible. If property held in trust, trust review fee of $600 and attorney closing fees (Estimated $675) will apply. Primary residences only (single family, condominium, planned unit development (PUD), duplex). Subject to credit approval.

LOAN TYPE INTEREST RATE GUIDELINES APR1 MAXIMUM AMOUNT MAXIMUM TERM LTV APPLY NOW
All Access Home Equity Line of Credit (primary residence only)
Introductory rate for the first 12 months. Variable rate after the first 12 months; Prime (as published in the Wall Street Journal) (MINUS) a margin (0.25 percentage points). Auto-Pay feature from GSB Access Relationship checking account required. Must maintain minimum draw of $25,000 for first 12 monthly billing cycles.
5.99%
$500,000
240 Months (10 year Draw, 10 year Repay)
80%
APPLY NOW (HELOC ALL ACCESS)
Assumptions

ASSUMPTIONS

All Access Home Equity Line of Credit: New All Access HELOC customers only. Subject to credit approval. No Points. Credit line limits between $25,000 and $500,000. Maximum Combined Loan To Value (CLTV) is 80%. Other terms and conditions apply. The introductory APR of 5.99% ("Introductory APR") is a promotional rate that is fixed for the first 12 monthly billing cycles ("Introductory Period") as long as you maintain a minimum balance of at least $25,000 on your line. If that minimum balance is not maintained throughout the entire Introductory Period, the Introductory APR may end early and your Account will begin to accrue interest based on a variable rate formula. In any event, once the Introductory Rate ends, your interest rate can change monthly and will be based on a variable rate formula. With that formula, as long as you maintain an Automatic Payment Feature, we will subtract a margin of 0.25 percentage points from the Prime Rate (as published in the Wall Street Journal). Using that formula, the current APR would be 7.50% (as of 11-12-2024). Our Automatic Payment Feature is a convenient way for you to make your monthly payments directly from an Access deposit account maintained at Guilford Savings Bank. The maximum APR is 17% and the minimum APR is 3%. An annual membership fee of $95.00 is required. An Early Termination Fee will be required if the Account is terminated within the first 2 years. Homeowner's insurance required. For credit limits in excess of $250,000, you must pay for a full appraisal (appraisal costs can range from $510 to $1,200). If property held in trust, trust review fee ($600) and attorney closing fees (Estimated $650-$850) will apply. Homes for sale or intended for sale within the next six months are not eligible for this promotional product. Other terms and conditions apply. Offer may be withdrawn at any time. For more information, see a bank representative.
Home Equity Line of Credit (primary residence only)
Prime (as published in the Wall Street Journal) Auto-pay feature required for the life of the line.
Prime (as published in the Wall Street Journal) plus a margin (0.25 percentage points). No Auto-Pay feature required.
7.50%
7.75%
$500,000
$500,000
240 months
240 months
80%
80%
APPLY NOW (HELOC AUTO PAY)
Assumptions

ASSUMPTIONS

Home Equity Line of Credit: Subject to credit approval. No Points. Credit line limits between $25,000 and $500,000. Maximum Combined Loan-To-Value (CLTV) is 80%. Other terms and conditions apply. Automatic Payment feature is required for the life of the line. The current APR would be 7.75% (based upon current Prime Rate as published in the Wall Street Journal as of 11-12-2024). The maximum APR is 17% and the minimum APR is 3%. An annual membership fee of $95.00 is required. An Early Termination Fee will be required if the Account is terminated within the first 2 years. Homeowner's insurance required. For credit limits in excess of $250,000, you must pay for a full appraisal (appraisal costs can range from $510 to $1,200). If property held in trust, trust review fee ($600) and attorney closing fees (Estimated $650-$850) will apply. Homes for sale or intended for sale within the next six months are not eligible for this promotional product. Other terms and conditions apply. For more information, see a bank representative.
APPLY NOW (HELOC)
Assumptions

ASSUMPTIONS

Subject to credit approval. No Points. Credit line limits between $25,000 and $500,000. Maximum Combined Loan To Value (CLTV) is 80%. Other terms and conditions apply. The APR is based upon current Prime Rate (as published in the Wall Street Journal) plus a margin of 0.25 percentage points. Using that formula, the current APR would be 8.00% (as of 11-12-2024). The maximum APR is 17% and the minimum APR is 3%. An annual membership fee of $95.00 is required. An Early Termination Fee will be required if the Account is terminated within the first 2 years. Homeowner's insurance required. For credit limits in excess of $250,000, you must pay for a full appraisal (appraisal costs can range from $510 to $1,200). If property held in trust, trust review fee ($600) and attorney closing fees (Estimated $650-$850) will apply. Homes for sale or intended for sale within the next six months are not eligible for this promotional product. Other terms and conditions apply. For more information, see a bank representative.
HOME EQUITY LOAN VIEW ASSUMPTIONS & DISCLOSURE >

HOME EQUITY LOAN (HEL) – ASSUMPTIONS & DISCLOSURE

No points. Subject to credit approval. Minimum loan amount is $15,000. Maximum loan amount is $500,000 for primary residences and second homes. Maximum loan amount of $250,000 for 1-4 family investment properties. Maximum term of 15 years. Maximum Combined Loan To Value (CLTV) is 80%. Other terms and conditions apply. One-to-four family investment properties have a maximum CLTV of 70%. Full appraisal required for loans greater than $250,000, paid by applicant. Title Insurance and property insurance are required. If property held in trust, trust review fee of $600 and attorney closing fees (Estimated $650-850) will apply. Homes for sale are ineligible. Seasonal and second homes-add 25 basis points to annual percentage rate (APR). All investment property rates are 2.00% higher than stated owner occupied home equity loan rates.

LOAN TYPE INTEREST RATE GUIDELINES APR1 PAYMENT PER $1,000 MAXIMUM AMOUNT MAXIMUM TERM LTV APPLY NOW
Fixed Rate (owner occupied property only)
6.75%
7.25%
7.50%
6.75%
7.25%
7.50%
$19.68
$11.74
$9.27
$500,000
$500,000
$500,000
5 years
10 years
15 years
80%
80%
80%
APPLY NOW (HELOAN 5 YRS)
Assumptions

ASSUMPTIONS

No points. Subject to credit approval. Minimum loan amount is $15,000. Maximum loan amount is $500,000 for primary residences and second homes. Maximum loan amount of $250,000 for 1-4 family investment properties. Maximum term of 15 years. Maximum Combined Loan-To-Value (CLTV) is 80%. If existing first mortgage is non-GSB and exceeds $1,000,000, the maximum CLTV is 70%. Full appraisal required for loans greater than $250,000, paid by applicant. Title Insurance and property insurance are required. If property held in trust, trust review fee of $600 and attorney closing fees (Estimated $650-850) will apply. Homes for sale are ineligible. Seasonal and second homes-add 25 basis points to annual percentage rate (APR).
APPLY NOW (HELOAN 10 YRS)
Assumptions

ASSUMPTIONS

No points. Subject to credit approval. Minimum loan amount is $15,000. Maximum loan amount is $500,000 for primary residences and second homes. Maximum loan amount of $250,000 for 1-4 family investment properties. Maximum term of 15 years. Maximum Combined Loan-To-Value (CLTV) is 80%. If existing first mortgage is non-GSB and exceeds $1,000,000, the maximum CLTV is 70%. Full appraisal required for loans greater than $250,000, paid by applicant. Title Insurance and property insurance are required. If property held in trust, trust review fee of $600 and attorney closing fees (Estimated $650-850) will apply. Homes for sale are ineligible. Seasonal and second homes-add 25 basis points to annual percentage rate (APR).
APPLY NOW (HELOAN 15 YRS)
Assumptions

ASSUMPTIONS

No points. Subject to credit approval. Minimum loan amount is $15,000. Maximum loan amount is $500,000 for primary residences and second homes. Maximum loan amount of $250,000 for 1-4 family investment properties. Maximum term of 15 years. Maximum Combined Loan-To-Value (CLTV) is 80%. If existing first mortgage is non-GSB and exceeds $1,000,000, the maximum CLTV is 70%. Full appraisal required for loans greater than $250,000, paid by applicant. Title Insurance and property insurance are required. If property held in trust, trust review fee of $600 and attorney closing fees (Estimated $650-850) will apply. Homes for sale are ineligible. Seasonal and second homes-add 25 basis points to annual percentage rate (APR).
Fixed Rate (investment property) All investment property rates are 2.00% higher than stated owner occupied home equity loan rates above. $250,000 15 years 70%
APPLY NOW (HELOAN INVESTMENT)
Assumptions

ASSUMPTIONS

No points. Subject to credit approval. Minimum loan amount is $15,000. Maximum loan amount is $500,000 for primary residences and second homes. Maximum loan amount of $250,000 for 1-4 family investment properties. Maximum term of 15 years. One-to-four family investment properties have a maximum CLTV of 70%. Full appraisal required for loans greater than $250,000, paid by applicant. Title Insurance and property insurance are required. If property held in trust, trust review fee of $600 and attorney closing fees (Estimated $650-850) will apply. Homes for sale are ineligible. All investment property rates are 2.00% higher than stated owner occupied home equity loan rates above.
View Disclosures

1. Annual Percentage Rate (APR) is based on a $100,000.00 loan.

Click to view All Access HELOC Important Terms Disclosures

Click to view Standard HELOC Important Terms Disclosures

PERSONAL & AUTO LOANS
LOAN TYPE INTEREST RATE GUIDELINES APR PAYMENT PER $1,0001 MAXIMUM AMOUNT MAXIMUM TERM LTV APPLY NOW
Personal Loans
10.0%
10.50%
10.0%
10.500%
$46.16
$32.27-$25.36
$10,000
$10,000
up to 24 mos
36-48 mos
n/a
n/a
LEARN MORE
LEARN MORE
New Car Loans
6.75%
7.00%
7.25%
7.25%
7.50%
7.75%
6.75%
7.00%
7.25%
7.25%
7.50%
7.75%
$30.76
$23.95
$19.92
$30.99
$24.18
$20.16
$50,000
$50,000
$50,000
$50,000
$50,000
$50,000
3 years
4 years
5 years
3 years
4 years
5 years
80%
80%
80%
90%
90%
90%
LEARN MORE
LEARN MORE
LEARN MORE
LEARN MORE
LEARN MORE
LEARN MORE
Used Car Loans
8.00%
8.00%
$24.41
$50,000
4 years
NADA Loan Value
LEARN MORE
Residential Lot Loan
8.25%
9.25%
8.979%
10.067%
$12.27
$12.80
n/a
10 years
75%
CONTACT US
View Disclosures

This is not a commitment to lend. Subject to credit approval. Rates are subject to change without notice. For more information, contact a loan officer. GSB NMLS#517294.

Notes:
1. Monthly payment per $1,000.