Vice President,
NMLS# 452754
William Robert Hart Jr.
Bill Hart has been a mortgage professional with Newtown Savings Bank since 1995 and has consistently been a top producing and award winning mortgage banker. He has been recognized as a Five Star Mortgage Professional from Connecticut Magazine and has been named a Top Residential Loan Originator by the Commercial Record.
"Whether you are buying your first home, building your dream home, refinancing, upsizing or downsizing; I'm here to help you" - Bill
Get started today.
Select the loan type below.
To apply, you will need to create a mortgage request account and then login.
Today's Rates
Effective December 5, 2024
Term | Interest Rate | APR | Points |
Monthly Principal &
Interest Payment
|
---|---|---|---|---|
30 Year Fixed Rate | 6.125% | 6.183% | 0.000% | $1,822.83 |
15 Year Fixed Rate | 5.750% | 5.865% | 0.000% | $2,491.23 |
30 Year Fixed FHA | 6.000% | 6.092% | 0.000% | $2,439.30 |
Ready to Own | 6.125% | 6.183% | 0.000% | $1,822.83 |
Welcome Home | 5.875% | 5.944% | 0.000% | $2,868.96 |
Assumptions and general disclosures
- Rates shown above require a Newtown Savings Bank checking account with auto deduction payment (excluding FHA).
- The information provided assumes the purpose of the loan is to purchase a property.
- The property is an existing single family home and will be used as a primary residence.
- The rate lock period is 60 days.
- The credit score is 780 or above.
- The loan amount is $300,000 with an estimated property value of $400,000.
- The Interest Rate and Annual Percentage Rate (APR) shown above are subject to change without notice.
- The Annual Percentage Rate (APR) will vary based on your final loan amount and actual finance charges.
- Payment does not include real estate taxes, homeowner's insurance premiums or mortgage insurance premiums. If applicable, the actual payment obligation will be greater.
- Loans are subject to credit and property approval.
- Other rates and terms available.
FHA
- Total loan amount is $305,250. The base loan amount is $300,000
- The total loan amount includes the Upfront Mortgage Insurance Premium of 1.75% of the base loan amount.
- Annual Mortgage Insurance Premiums will be required for 11 years and charged monthly. If the down payment is less than 10% mortgage insurance is required for the life of the loan. The amount is not included in the monthly payment example shown above.
Ready to Own
- This program is specifically tailored to meet the needs of first-time home buyers or those who have not owned a home for a period of three years.
- Learn more about First-Time Homebuyer mortgages
Welcome Home
- This program is designed to meet the needs of homebuyers in low to moderate income areas. Contact a Mortgage Banker to see if you qualify.
Loans are subject to application and credit approval. Rates and terms subject to change without notice.