Rates accurate as of February 1, 2023
HELP Type Annual Percentage Rate (APR) Amortized Term Loan Fee
7.500% Fixed (80% Max LTV)
7.500% Fixed (80% Max LTV) 7.744% 10 Years $0
8.625% Fixed (90% Max LTV)
8.625% Fixed (90% Max LTV) 8.886% 10 Years $0
7.500% Fixed (80% Max LTV)
7.500% Fixed (80% Max LTV) 7.675% 15 Years $0
8.875% Fixed (90% Max LTV)
8.875% Fixed (90% Max LTV) 9.067% 15 Years $0
8.000% Fixed (80% Max LTV)
8.000% Fixed (80% Max LTV) 8.128% 25 Years $0
9.125% Fixed (90% Max LTV)
9.125% Fixed (90% Max LTV) 9.266% 25 Years $0
Green Choice Retrofit: 6.750% (80% Max LTV)
Green Choice Retrofit: 6.750% (80% Max LTV) 6.984% 10 Years $0
Green Choice Retrofit: 8.125% (90% Max LTV)
Green Choice Retrofit: 8.125% (90% Max LTV) 8.378% 10 Years $0

Product for owner-occupied purchases & refinances.

FIXED-RATE HELP PAYMENT CALCULATIONS
Calculations based on $100,000.00 loan. Payment calculations are principal and interest and do not include taxes or insurance which may increase your monthly payment.

  • 25-Year HELP Loan (90% LTV): Interest rate 9.125%, Annual Percentage Rate (APR) 9.266%, 300 monthly payments of $847.77 each, total interest paid $154,713.92.
  • 25-Year HELP Loan (80% LTV): Interest rate 8.000%, Annual Percentage Rate (APR) 8.128%, 300 monthly payments of $771.82 each, total interest paid $131,876.05.
  • 15-Year HELP Loan (90% LTV): Interest rate 8.875%, Annual Percentage Rate (APR) 9.067%, 180 monthly payments of $1,006.84 each, total interest paid $81,602.47.
  • 15-Year HELP Loan (80% LTV): Interest rate 7.500%, Annual Percentage Rate (APR) 7.675%, 180 monthly payments of $927.01 each, total interest paid $67,175.06.
  • 10-Year HELP Loan (90% LTV): Interest rate 8.625%, Annual Percentage Rate (APR) 8.886%, 120 monthly payments of $1,246.55 each, total interest paid $49,945.83.
  • 10-Year HELP Loan (80% LTV): Interest rate 7.500%, Annual Percentage Rate (APR) 7.744%, 120 monthly payments of $1,187.02 each, total interest paid $42,442.01.
  • 10-Year Green Choice Retrofit HELP Loan (90% LTV): Interest rate 8.125%, Annual Percentage Rate (APR) 8.378%, 120 monthly payments of $1,219.89 each, total interest paid $46,725.47.
  • 10-Year Green Choice Retrofit HELP Loan (80% LTV): Interest rate 6.750%, Annual Percentage Rate (APR) 6.984%, 120 monthly payments of $1,148.24 each, total interest paid $38,070.23.

Maximum Loan Amount is $250,000; however, the following stipulations apply:

  • If Olyfed is in 1st lien position, 90% maximum loan to value up to $150,000
  • If Olyfed is NOT in 1st lien position, 80% maximum loan to value up to $150,000
  • 75% maximum loan to value for loan amounts $150,001- $250,000.
  • 75% maximum loan to value if the purpose of this HELP is for debt consolidation

Member FDIC
Equal Housing Lender