Burlington, VT Mortgage Rates and Refinance Rates

Mortgages in Burlington, VT: Find the best Burlington, VT mortgage rates today from banks and credit unions. When results are displayed for mortgage rates in Burlington, VT, you can easily sort your search results by lender, rate, APR and points so you can easily compare results. Whether you’re looking for conforming, jumbo, adjustable or interest-only mortgage rates in Burlington, VT. Another option is searching for Burlington, VT refinance rates if you're looking to refinance a loan. Best of all you don't have to provide any personal information to see a list of Burlington, VT mortgage rates or refinance rates.

Search and Compare Burlington, VT Mortgage Rates & Refinance Rates



Burlington, Vermont Conforming Mortgage Rates and Refinance Rates

Conforming home mortgage rates in Burlington, VT are the most popular type of mortgages rates you can find advertised for home buyers in Burlington, VT. Conforming mortgages, also known as conventional mortgages, are mortgages that meet certain criteria set out by Federal Housing Finance Agency (FHFA). There is a loan limit set for each county in the United States. Higher mortgage loan limits are set for high housing cost areas. Burlington, VT mortgages that 'conform' to the standards set out by the Federal Housing Finance Agency can be purchased by government sponsored entities (GSE) like Freddie Mac and Fannie Mae. This process guarantees Burlington, VT banks, mortgage companies and credit unions are able to resell home mortgage loans that they make. This process also makes Burlington, VT conforming mortgage rates and refi rates lower than Burlington, VT jumbo mortgage rates and jumbo refinance rates because the GSE's can’t purchase jumbo mortgages that are made by Burlington, VT home finance companies, credit unions and banks.

Jumbo Mortgage Rates and Refinance Rates in Burlington, Vermont

Jumbo mortgage rates in Burlington, VT are advertised for home loans that have a dollar amount that is higher than conventional loan amounts. Jumbo mortgage rates and jumbo refinance rates are always higher than conventional mortgage rates for both fixed mortgage rates in Burlington, VT and adjustable mortgage rates in Burlington, VT. Interest rates are higher because third party investors buy the home loans credit unions, banks and mortgage companies in Burlington, VT make.

Burlington, Vermont Fixed Mortgage Rates and Fixed Refinance Rates

Burlington, VT fixed rate mortgages are the most common mortgage available to borrowers. With a fixed mortgage the interest rate stays the same for the entire loan period. Fixed mortgages are available in 40 years, 30 years, 20 years, 15 years and 10 years. The longer the mortgage term the lower the monthly mortgage payment will be.

Burlington, Vermont Adjustable Mortgage Rates

Adjustable Burlington, VT mortgage rates are fixed for a period of time and then the mortgage rate adjusts every year after. The most common adjustable mortgages terms available in Burlington, VT are 1 year, 3 year, 5year and 7 year. Adjustable rate mortgages are advertised as 1 year, 3/1, 5/1 and 7/1. Adjustable mortgages are available for conforming dollar amounts and jumbo dollar amounts in Burlington, VT. Most adjustable mortgages in Burlington, VT have yearly caps and life time maximum caps on how high the interest rate can fluctuate.



Google Map for Burlington, VT Rates & Resources


Burlington FDIC Insured Banks

Bank Name

FDIC Cert Number

Address

KeyBank National Association

17534 1127 North Ave, Burlington, VT 05401

KeyBank National Association

17534 149 Bank St, Burlington, VT 05401

NBT Bank, National Association

7230 150 Bank Street, Burlington, VT 05401

Northfield Savings Bank

14140 160 College Street, Burlington, VT 05402

RBS Citizens, National Association

57957 148 College Street, Burlington, VT 05401

TD Bank, National Association

18409 111 Main Street, Burlington, VT 05401

The Merchants Bank

6268 1014 North Avenue, Burlington, VT 05408

The Merchants Bank

6268 164 College Street, Burlington, VT 05401