County Savings Bank can help you attain the home of your dreams by eliminating the guesswork and finding you the mortgage loan that fits your needs. Whether you are a 1st Time Home Buyer, refinancing, buying or building your home, we have a product that is right for you. We know that your home is one of your biggest investments, and our loan officers will be happy to meet personally with you to discuss your loan options. County Savings does not sell your loan servicing so you will always make your payment to us and have an associate available for any questions you may have.
Some Features Include:
- Conventional and Adjustable Rate Mortgages, 1-4 family owner occupied properties in Pennsylvania, New Jersey and Delaware.
- Standard 15 and 30 years terms (Other terms may be available)
- Pre-Qualification Certificates
- Zero and Three Point Loan Rates
- Low Fees and Fast Approvals
- Cash-out Refinancing
- Jumbo Mortgages
- Mortgage Insurance available on loans with an LTV of 81% or greater
- View documentation requirements
Fixed Rate Mortgage
With a County Savings Bank fixed-rate mortgage loan, the interest rate and monthly principal payments are established at the onset of the loan, and remain constant for the full term. The ease of fixed payments1 gives you the ability to budget your expenses knowing that your largest financial obligation remains the same from month to month. Fixed Rate Mortgages are most attractive to consumers who have a fixed income, plan to remain in their current home for an extended period of time or want to take advantage of the current interest rates.
1Fixed Payments refers to principal and interest payments only. Escrow payments may change annually due to fluctuations in real estate taxes and/or homeowners insurance premiums.
Adjustable Rate Mortgage
During the term of the loan, the interest rate on an adjustable rate mortgage loan may increase or decrease in accordance with an index reflecting prevailing interest rates. Typically, the initial interest rate is lower than the fixed rate and this may appeal to consumers who plan to occupy their home for a limited amount of time or those who desire a lower initial interest rate; however, the interest rate can change. Adjustable rates do feature an interest rate cap to protect against rapidly increasing interest rates. These rate caps control the fluctuating interest rates on your loan by limiting the amount of increase or decrease permitted at each adjustment period as well as limiting the amount of increase or decrease in the interest rate for the term of the loan.
Come see one of our loan specialists to obtain a prequalification certificate to begin your search for your home.
At County Savings Bank we are always striving to serve our customers better. We offer loans to fit your individual needs. Please contact a loan officer at either the Essington Branch 610-521-1080 or the Milmont Park Branch 610-532-2034 for further information.