South Burlington, VT Mortgage Rates and Refinance Rates

Mortgages in South Burlington, VT: Find the best South Burlington, VT mortgage rates today from banks and credit unions. When results are displayed for mortgage rates in South 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 South Burlington, VT. Another option is searching for South 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 South Burlington, VT mortgage rates or refinance rates.

Search and Compare South Burlington, VT Mortgage Rates & Refinance Rates



South Burlington, Vermont Conforming Mortgage Rates and Refinance Rates

Conforming home mortgage rates in South Burlington, VT are the most popular type of mortgages rates you can find advertised for home buyers in South 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. South 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 South Burlington, VT banks, mortgage companies and credit unions are able to resell home mortgage loans that they make. This process also makes South Burlington, VT conforming mortgage rates and refi rates lower than South Burlington, VT jumbo mortgage rates and jumbo refinance rates because the GSE's can’t purchase jumbo mortgages that are made by South Burlington, VT home finance companies, credit unions and banks.

Jumbo Mortgage Rates and Refinance Rates in South Burlington, Vermont

Jumbo mortgage rates in South 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 South Burlington, VT and adjustable mortgage rates in South Burlington, VT. Interest rates are higher because third party investors buy the home loans credit unions, banks and mortgage companies in South Burlington, VT make.

South Burlington, Vermont Fixed Mortgage Rates and Fixed Refinance Rates

South 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.

South Burlington, Vermont Adjustable Mortgage Rates

Adjustable South 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 South 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 South Burlington, VT. Most adjustable mortgages in South Burlington, VT have yearly caps and life time maximum caps on how high the interest rate can fluctuate.



Google Map for South Burlington, VT Rates & Resources


South Burlington FDIC Insured Banks

Bank Name

FDIC Cert Number

Address

KeyBank National Association

17534 1795 Williston Road, South Burlington, VT 05403

KeyBank National Association

17534 960 Shelburne Road, South Burlington, VT 05403

Northfield Savings Bank

14140 1120 Shelburne Road, South Burlington, VT 05403

Northfield Savings Bank

14140 1143 Williston Road, South Burlington, VT 05403

RBS Citizens, National Association

57957 1117 Shelburne Road, South Burlington, VT 05403

TD Bank, National Association

18409 1855 Williston Road, South Burlington, VT 05403

The Merchants Bank

6268 275 Kennedy Drive, South Burlington, VT 05403

The Merchants Bank

6268 50 White Street, South Burlington, VT 05403

The Merchants Bank

6268 929 Shelburne Road, South Burlington, VT 05403