WAINWRIGHT BANK LOAN APPLICATION

Home About Us  Calculators Consumer Loans Contact Us  Credit Cards Dictionary File Upload Green Loan Help  Important Information

 Loan Status Locations Pre-approval Privacy and Security Product Information Rate Sheet RateTracker Special Programs

                                                                                                                                                                                                                                                         

Welcome to Wainwright Bank's Loan Application Service, once you've determined which loan is best for your particular needs and situation, you can conveniently and securely apply online.
Simply click the "Apply" button to the right of the Product Description below and follow the prompts on the page.
If you have any questions, please contact our Residential and Consumer Lending Department during regular business hours (Monday through Friday 8:30AM to 5:00PM) at 617-478-4000 or click here to contact us.
We look forward to serving your banking needs!
Try our new "Find A Rate" feature and we will locate the closest online applications available, just by answering a few simple questions.

Fixed Rate Mortgages:

Rates as of Thursday, May 15, 2008
Product Description Points Interest Rate APR Payment per $1,000 Payments Apply
Jumbo 30 YR Fixed
Fixed 30 Year Jumbo   0.000 6.375% 6.414% $6.24 Show Payments
30 Year Fixed
Fixed 30 Year Conventional   0.000 6.125% 6.206% $6.08 Show Payments
20 Year Fixed
Fixed 20 Year Conventional   0.000 5.875% 5.981% $7.10 Show Payments
15 Year Fixed
Fixed 15 Year Conventional   0.000 5.750% 5.882% $8.31 Show Payments
10 Year Fixed
Fixed 10 Year Conventional   0.000 5.625% 5.810% $10.92 Show Payments
Fixed 10/20 [Interest Only Mortgage]
Fixed 10/20 Jumbo Only   0.000 6.625% 6.686% $5.52 Show Payments
Refinance Loans
20 Year Refinance Loan
20 Year Refinance Minimum $75,000 loan amount   0.000 5.875% 5.875% $7.10 Show Payments
15 Year Refinance Loan
15 Year Refinance Minimum $75,000 loan amount   0.000 5.750% 5.750% $8.31 Show Payments
10 Year Refinance Loan
10 Year Refinance Minimum $75,000 loan amount   0.000 5.625% 5.625% $10.92 Show Payments
 
 
Adjustable Rate Mortgages:

Rates as of Thursday, May 15, 2008
Product Description Points Interest Rate APR Payment per $1,000 Payments Apply
7/1 Conventional
7 Year Adjustable   0.000 5.750% 5.578% $5.84 Show Payments
5/1 Conventional
5 Year Adjustable   0.000 5.375% 5.372% $5.60 Show Payments
3/1 Conventional
3 Year Adjustable   0.000 5.000% 5.262% $5.37 Show Payments
1YR Conventional
1 Year Adjustable   0.000 5.625% 5.243% $5.76 Show Payments
Interest-only Variable Rate Loan
Interest-Only Variable Rate Loan Jumbo   0.000 5.875% 5.501% $4.90 Show Payments
All Adjustable Rate Mortgages are tied to the One Year Treasury Index, plus a margin of 3.25%.

 Home Equity Loans and Lines of Credit:

Rates as of Thursday, May 15, 2008
Product Description Points Interest Rate APR Payment per $1,000 Payments Apply
15YR Home Equity Loan
15 Year Equity Loan Minimum $5,000 loan amount   0.000 5.750% 5.750% $8.31 Show Payments
10 YR Home Equity Loan
10 Year Equity Loan Minimum $5,000 loan amount   0.000 5.625% 5.625% $10.92 Show Payments
5YR Home Equity Loan
5 Year Equity Loan Minimum $5,000 loan amount   0.000 5.575% 5.575% $19.14 Show Payments
5/1 Home Equity Loan
Interest-Only Home Equity Loan, adjusts after 5 years   0.000 5.500% 5.524% $4.58 Show Payments
Equity Line of Credit (2% Principal Plus Interest Payment Option) Fixed thru 09/30/08
Equity Line of Credit 2% Principal + Interest Option   0.000 4.490% 5.000% $7.65 Show Payments
Equity Line of Credit (Interest Only) Fixed thru 09/30/08
Equity Line of Credit Interest Only Option   0.000 4.490% 5.000% $7.65 Show Payments
The maximum loan amount on second mortgages is $417,000. The maximum LTV on Equity Loans/Lines is now 75%!

1-4 family owner occupied residences only; property insurance required; flood insurance may be required. APR calculated on 80% loan to value for a $100,000 loan. Prepayment penalty may apply. The payment can adjust after the initial fixed period on adjustable rate loans.
Please note: Our lending area for loans and mortgages is primarily Eastern Massachusetts.
Rates include automatic deduction of your monthly payment from a Wainwright Bank checking account. The rates listed above are for direct lending only; rates may vary for third party originators or brokers.
Rates, Terms and Fees subject to change without notice.
 

Wainwright Bank & Trust Company, 63 Franklin Street, Boston, MA 02110-1301
617-478-4000 or 1-888-428-BANK

Equal Housing Lender
Equal Housing Lender

The SUM Program is administered by and a registered service mark of the NYCE Corporation.