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Mortgage Rates

Bremer Bank offers competitive rates and a large variety of mortgage programs personalized to fit your individual needs. Because several factors can impact your mortgage rate, we recommend you contact your local mortgage specialist for a personal quote. You can also explore these tips for comparing mortgage rates. 

Rates for a 60-day lock as of 01/16/2018

Conventional - 15 Year Fixed1 Rate APR
Include 1% Origination 3.500% 3.752%
Without 1% Origination 3.750% 3.855%


Conventional - 30 Year Fixed2 Rate APR
Include 1% Origination 4.000% 4.144%
Without 1% Origination 4.250% 4.310%


FHA - 30 Year Fixed3 Rate APR
Include 1% Origination 4.000% 5.129%
Without 1% Origination 4.250% 5.384%

Extended rate locks may be available up to 180 days.

 

 

  • 1 For a 15 Year Fixed including 1% origination, a loan amount of $150,00 with a 25% down payment is estimated as follows:
    180 payments over 15 years,
    $1,072.32 estimated payment,
    3.752%APR
  • 2 For a 30 Year Fixed including 1% origination, a loan amount of $150,00 with a 25% down payment is estimated as follows:
    360 payments over 30 years,
    $716.12 estimated payment, 
    4.144%APR
  • 3 For a FHA 30 Year Fixed including 1% origination, a loan amount of $150,00 with a 25% down payment is estimated as follows:
    360 payments over 30 years,
    $834.91 estimated payment, 
    4.310% APR
  • Subject to credit approval. Certain restrictions apply. Rates subject to change. Consult a tax advisor regarding tax deductibility of interest. All products assume a 60 day interest rate lock and escrow account. Conventional products assume a 740 minimum credit score. All rates are subject to adjustments based on loan criteria. Payments do not include taxes or insurance premiums and the actual payment will be greater.

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Deposit products offered by Bremer Bank. Member FDIC.

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