Loan Assumptions and Disclosures

Certain conditions and restrictions may apply. Loans are subject to credit approval. This is not a mortgage loan approval or commitment to lend. The actual fees, costs, and monthly payment of your specific loan may vary.

Rates and Annual Percentage Rate (APR) are subject to change without notice. Mortgage Insurance (MI) is required for properties with loan-to-value ratios over 80%. If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment.
 

20 Year Bi-weekly

Special program. Some restrictions apply. Call 732.388.1800 to speak with a loan representative for further details.

25 Year Bi-weekly

Special program. Some restrictions apply. Call 732.388.1800 to speak with a loan representative for further details.

30 Year Fixed Mortgage

Borrowers and properties must qualify under Federal National Mortgage Association (FNMA) and Bank guidelines. Call 732.388.1800 to speak with a loan representative for further details.

Homeowner’s Insurance

You will be required to purchase and maintain insurance on the Property as a condition of RSI Bank making any Mortgage Loan.  New Jersey law (NJ Admin. Code 3:1-13.1) requires that you be informed that you may purchase any insurance related to the extension of credit from a source of your own choosing.  RSI Bank can refuse to accept your choice of insurer or insurance, for reasonable cause, but will give you written notice stating why insurance coverage provided by you would be unacceptable.