Rates effective as of April 20th, 2014.
- Dubuque Conventional Mortgage Programs
- Des Moines Conventional Mortgage Programs
- Residential Construction Loan Rates
|Program||Fee (Point)||Interest Rate||APR*|
|12 Month Balloon Construction Permanent1,3||0 Points (SL)||3.750%||4.534%|
|12 Month Balloon Construction Permanent1||0 Points (SL)||3.750%||4.785%|
|Jumbo 1 Year Adjustable Rate Construction Permanent2||0 Points (SL)||5.875%||3.568%|
|Jumbo 6 Month Adjustable Rate Construction Permanent2||0 Points (SL)||5.750%||6.524%|
- * Annual Percentage Rate
- American Trust is an equal housing lender.
- American Trust lends only to customers who reside within a 100-mile radius of Dubuque, Dyersville, Iowa.
- All rates quoted are subject to change. Variable rates may increase or decrease after consummation.
- Conversion fees not included in rates.
- Monthly interest only payments on outstanding principal construction loan balance.
- ¹ The annual percentage rates quoted are based upon a $250,000 loan with a 20% down payment, and a 30-year term.
- ² The annual percentage rates quoted are based upon a $500,000 loan with a 20% down payment, and a 30-year term.
- ³ Rate applies to owner-occupied newly constructed homes only.