A shorter term and lower interest rate can help you be mortgage-free faster while saving lots of money in interest.
- Low fixed 10-year mortgage rates
- No Star One loan-related closing costs
- More home equity in a shorter amount of time
(Primary residences and second [vacation] homes only)
A mortgage with a shorter term and lower rate can help you be mortgage-free faster while saving lots of money in interest.
Compare 10-year mortgage and 30-year mortgage
Purchase or refinance mortgage
Today's mortgage rate for a 10-year fixed-rate mortgage for purchase or refinance, conforming to $1,209,750**, is 5.250% (5.344% APR).
In comparison, our 30-year fixed-rate mortgage for purchase or refinance, conforming to $1,209,750**, is currently at 6.125% (6.231% APR).
Loan services
A tax document Star One sends to mortgage borrowers.
Mobile deposit, ezDeposit, automatic loan payment, online banking transfer, or pay from outside account
Why and how to provide Star One with proof of insurance
Disclosures
* Fixed-rate mortgage payment examples assuming a $300,000 loan: 10-year mortgage at 5.344% APR—120 monthly payments at $3,217.50; 15-year mortgage at 5.584% APR—180 monthly payments at $2,451.00; 20-year mortgage at 5.567% APR—240 monthly payments at $2,063.40; and 30-year mortgage at 6.181% APR—360 monthly payments at $1,822.80. Loan payments do not include taxes and insurance.
** In most of the country, the maximum conforming loan limit for one-unit properties is $806,500. In "high-cost" areas, the maximum conforming limit may be up to $1,209,750. The "high-cost" areas loan limits are established annually by the Federal Housing Finance Agency (FHFA). These higher limits are designed to make homeownership more affordable in areas with the highest home prices.
*** The Jumbo Loan limit is any amount greater than $806,500 up to $5,000,000. High-Balance Conforming allows for higher loan limits beyond the $806,500 conforming limit up to $1,209,750 for high-cost areas as determined by the Federal Housing Finance Agency (FHFA).