NO
CLOSING COST OPTION
- BROOKLYN
FEDERAL PAYS ALL
CLOSING COSTS.
- LOAN
AMOUNTS UP TO $50,000.
- PROCESSING
DEPOSIT OF $375.00 COLLECTED AT APPLICATION, WILL
BE REFUNDED AT CLOSING.
Click here to use
our online information request form
An application package will be sent to you
| TERM |
RATE |
APR |
P&I
per $1,000 |
| 5
YEAR |
6.250% |
6.256% |
$ 19.450 |
| 7
YEAR |
6.375% |
6.379% |
$
14.790 |
| 10
YEAR |
6.625% |
6.628% |
$
11.420 |
CLOSING
COST OPTION
-
LOAN
AMOUNTS UP TO $350,000.
-
PROCESSING FEE OF $375.00 FOR A ONE-FAMILY
DWELLING OR $525.00 FOR
A TWO-FOUR FAMILY DWELLING.
-
AT CLOSING, THE
BORROWER WILL BE REQUIRED TO PAY THE NYS MORTGAGE TAX
(.80% of loan amount for Nassau, Suffolk, and Westchester counties and
1.80% of loan amount for the five boroughs of New
York).
Click here to use
our online information request form
An application package will be sent to you
| TERM |
RATE |
APR
|
P&I
per $1,000 |
| 5
YEAR |
5.250% |
5.256% |
$ 18.990 |
| 7
YEAR |
5.375% |
5.379% |
$
14.310 |
| 10
YEAR |
5.625% |
5.628% |
$
10.910 |
| 15
YEAR |
6.250% |
6.252% |
$
8.570 |
RATES
& TERMS
ALL RATES ARE
FIXED RATES. THE RATE TENDS TO FLUCTUATE CONTINGENT UPON
THE CONDITION OF THE MARKET. THE RATE WILL BE LOCKED IN
AT APPLICATION FOR 60 DAYS.
**LOAN AMOUNTS
EXCEEDING $ 50,000 MUST OBTAIN A TITLE POLICY
(THE ESTIMATE FOR THIS WILL BE DISCLOSED TO YOU IN THE
TRUTH-IN-LENDING DISCLOSURE.)
ESTIMATED
TIME TO PROCESS
APPROXIMATELY
TWO WEEKS UNDER NORMAL CIRCUMSTANCES. IF A NEW TITLE
POLICY IS REQUIRED, AN ADDITIONAL TWO TO THREE WEEKS
PROCESSING TIME MAY BE NECESSARY.
RATES,
TERMS, & FEES
MAY BE CHANGED
AT ANYTIME WITHOUT NOTICE. CREDIT REPORT FEES ARE
NONREFUNDABLE.
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©
Brooklyn Federal Savings Bank
INTERmoNETary
System - Information:
888.739.1837
Revised: Monday, February 23, 2009
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