NewAlliance Bank - Adjustable Rate Mortgages
Yale Mortgage Loan Program | NewAlliance Bank
| Program Area | Description |
|---|---|
| Downpayment requirement: | 3% or greater (on primary residences only) |
| Application Fee: |
$295 Single or Multi Family or $150 -if First-time homebuyer (Fee will be credited at closing) |
Appraisal Fee: |
Single family and condo: $275 Multi-family: $525 |
Point Savings: |
1/2 of 1% Discount on Points (Commitment Fee) |
| Rate Savings: | 1/8% Rate discount on all NewAlliance Bank published adjustable rate mortgage products |
| Special Requirements: | Pre-authorized monthly payment from a NewAlliance Bank checking account. |
| Yale Mortgage Program Exclusions: | Discounts above do not apply to promotional offers special or Gov't. programs, FHA, VA or CHFA, or similar mortgage programs. (These programs are already discounted). |
| For Additional Information, Assistance, Counseling, or to apply for a mortgage Contact our Mortgage Originator: |
Katie Dougan Michael Johansen |
For specific details and current mortgage rates, contact a Yale University Bank Mortgage Counselor at the telephone number provided above.
These offers are subject to change without notice.