New Jersey Fixed Rate Mortgages - Hudson City Savings Bank


Adjustable Rate Mortgages Fixed Rate Mortgages First Time Homebuyers Low / Moderate Income Mortgages Mortgage Centers Mortgage Application

Terms from 10 years up to 40 years

Benefits of a 30 or 40 year fixed rate mortgage:

Traditional method of financing a home
Interest rate remains the same for the life of the loan
Monthly payment of principal and interest does not vary
Provides for easier budget planning
Protects against fluctuating rates.

Benefits of a 10, 15, or 20, year fixed rate mortgage:

Faster equity build-up
Satisfaction of being debt free sooner
Interest rate on shorter length terms is usually less than the standard 30 year term.

New - Interest Only Fixed Rate Mortgage Loans

Benefits of a 30 year fixed rate interest only mortgage:

Interest only payments for the first 10 years of the mortgage
Allows lower initial monthly payments and increased affordability
Please call for further details

Do you know how much you can afford? Our mortgage calculator is designed to give you an estimate of the mortgage loan amount that fits your budget.

Currently effective Annual Percentage Rate (APR) as of 8/01/2006
All interest rates are subject to change without notice. Property must be located within the state of New Jersey. Other Mortgage Programs with lower rates and higher fees are available upon request.
Loan Type	Interest Rate	APR	Term (Months)	Additional Information	Monthly Payment per $1,000
10 Year	5.875	5.907	120	0% Mortgage Commitment Fee, loans to $417,000 1% fee refundable at closing*	$11.04
10 Year	5.875	5.895	120	0% Mortgage Commitment Fee, loans $417,100 to $1Million, 1% fee refundable at closing*	$11.04
15 Year	6.000	6.023	180	0% Mortgage Commitment Fee, loans to $417,100, 1% fee refundable at closing*	$8.44
15 Year	6.000	6.014	180	0% Mortgage Commitment Fee, loans $417,100 to $1Million, 1% fee refundable at closing*	$8.44
20 Year	6.250	6.268	240	0% Mortgage Commitment Fee, loans to $417,000, 1% fee refundable at closing*	$7.31
20 Year	6.250	6.261	240	0% Mortgage Commitment Fee, loans $417,100 to $1Million, 1% fee refundable at closing*	$7.31
30 Year	6.625	6.639	360	0% Mortgage Commitment Fee, loans to $417,000, 1% fee refundable at closing*	$6.40
30 Year Interest Only	6.875	6.888	360	0% Mortgage Commitment Fee, loans to $417,000, 1% fee refundable at closing*	$5.73
30 Year	6.625	6.634	360	0% Mortgage Commitment Fee, loans $417,100 to $1Million, 1% fee refundable at closing*	$6.40
30 Year Interest Only	6.875	6.884	360	0% Mortgage Commitment Fee, loans $417,100 to $1Million, 1% fee refundable at closing*	$5.73
40 Year	6.875	6.887	480	0% Mortgage Commitment Fee, loans to $417,000, 1% fee refundable at closing*	$6.12
40 Year	6.875	6.883	480	0% Mortgage Commitment Fee, loans $417,100 to $1Million, 1% fee refundable at closing*	$6.12
* Please note on loans shown above with 0.00% fees, a 1% fee is actually due at time of commitment acceptance which will be refunded when and if the loan closes. Should the loan not close, the fee will not be refunded.

Interest rates are locked in at time of receipt of an application and will hold through the processing of the loan application plus an additional 90 day commitment period. All interest rates quoted are based on a 90 day commitment.

WE'RE HERE TO HELP!

If you are interested in a Hudson City mortgage, would like to email us or come in to speak with one of our mortgage representatives, click here. You can also visit one of our branches or call:

New Jersey Mortgage Centers:

Main Processing Center (Paramus) 201-967-1900
Cherry Hill 856-428-2740
Lakewood 732-367-4956

New York Mortgage Centers:

Staten Island 718-720-5767
Long Island 631-727-9630
All Other New York Locations 1-800-222-0194

Connecticut Mortgage Center:

Cos Cob 1-800-222-0194

If you have decided to apply or just want to get a head start, you can click here to print a complete mortgage application package.