(1) Current rates and full account disclosure available upon request. This excludes the financing of bank-owned (credit sale) transactions.
(2) Peoples Security SelectMTG™ is available for first lien purchase and refinance 1-4 family owner-occupied primary residence transactions in amounts up to $500,000 with autodraft from a Peoples Security Bank checking account. Borrow up to 80% of the property’s value with short term financing. Other rates and terms are available. Borrower-paid homeowners insurance required. Borrower-paid flood insurance may be required as necessary. Rates are locked as of date of application for a 60-day period and are subject to market condition changes thereafter.
(3) All loans subject to credit and collateral approval.
(4) Examples of bank fees are: origination fees/points, application fee, documentation fee, credit report, appraisal fee, mortgage recording fee, bank provided property search fee, bank attorney fee, flood certification fee, underwriting fee, tax service fee, courier fee. Borrowers are responsible for all other costs and fees. Title insurance is required on purchase transactions; otherwise, title insurance is at discretion of the underwriter for refinance transactions.
(5) Borrower’s household income may not exceed 80% of the county median income per household as published by HUD effective May 1, 2023. Respective county information available upon request. Other household income options available.
(6) Down payment may consist of a combination of PSBT First Time Home Buyer Grant Program, qualified gift funds, local or county assistance programs and seller assist when applicable. This offer may discontinue at any time without notice.