Charter Bank Fixed Rate Loans 

*Long term financing available 

*Originated, processed and closed by Charter Bank 

*Following closing, loans are sold to a customer-service oriented mortgage company who then services the loan 

*Consider this loan if you: 

          -Want security of knowing that your monthly payment will be the same             over the life of the loan 

          -Plan on owning the home for a number of years 

          -Expect your income to remain steady over the life of the loan 

*100% financing available to qualifying borrowers (Mortgage insurance required) 

*Taxes and Insurance are normally escrowed and made part of the monthly payment 

*Please call for our current rates 

*Click here to print a Residential Real Estate Application (Interactive PDF) 

 

Charter Bank Portfolio Loans 

*Long term financing available 

*Interest rate changes are based on a financial index and are limited per change period as well as over the term of the loan 

*Consider this loan if you: 

          -Want the convenience of having a local lender initiate and service you             mortgage loan 

          -Want a loan with lower closing costs and no origination fee 

          -Plan on owning the home only a few years 

          -Are able to budget and manage mortgage payments that may                           fluctuate with interest rate changes 

*Flexible terms and underwriting 

*Escrow of insurance and taxes are not required 

*Quick, local decision-making 

*Please call for our current rates and for our Residential Real Estate Application