Mortgage Rates

Personalized service and competitive rates whether you're purchasing or refinancing your home. That's the difference you'll find at Ion Bank.


Rates as of Tuesday, May 16, 2017


Conventional Fixed Rate

Up to $424,100
1 Family up to 95% LTV
Condo up to 95% LTV
2-4 Family up to 80% LTV

Rates as of Tuesday, May 16, 2017

Loan ProgramInterest RatePointsAPRPayment per $1,000PaymentsApply
Conventional Fixed Rates up to $424,100
1 Family up to 95% LTV, Condo up to 95% LTV and 2-4 Family up to 80% LTV1
Conventional Fixed Rates up to $424,100
30 Year4.000%0.0004.001%$4.77Show Payments
30 Year3.875%1.0003.959%$4.70Show Payments
30 Year3.750%2.0003.917%$4.63Show Payments
20 Year3.750%0.0003.751%$5.93Show Payments
20 Year3.625%1.0003.741%$5.86Show Payments
20 Year3.500%2.0003.731%$5.80Show Payments
15 Year3.250%0.0003.252%$7.03Show Payments
15 Year3.125%1.0003.272%$6.97Show Payments
15 Year3.000%2.0003.293%$6.91Show Payments

Conventional Fixed Rate

Jumbo Loans

$424,101 and up
1 Family up to 95% LTV
Condo up to 95% LTV
2-4 Family up to 80% LTV

Rates as of Tuesday, May 16, 2017

Loan ProgramInterest RatePointsAPRPayment per $1,000PaymentsApply
Conventional Fixed Rate Jumbo Loans $424,101 and up
30 Year4.875%0.0004.876%$5.29Show Payments
30 Year4.750%1.0004.838%$5.22Show Payments
30 Year4.625%2.0004.801%$5.14Show Payments
20 Year4.750%0.0004.752%$6.46Show Payments
20 Year4.625%1.0004.745%$6.39Show Payments
20 Year4.500%2.0004.739%$6.33Show Payments
15 Year4.125%0.0004.127%$7.46Show Payments
15 Year4.000%1.0004.151%$7.40Show Payments
15 Year3.875%2.0004.175%$7.33Show Payments

Adjustable Rates

Margin 2.75 over Treasury Bill
1 Year Variable Rates - 30 Years up to $1,000,000.00
1 - 6 Caps

1 Family up to 97% LTV
Condo up to 95% LTV
2-4 Family up to 80% LTV

Rates as of Tuesday, May 16, 2017

Interest RatePointsAPRFully Indexed RatePayment per $1,000PaymentsApply
Adjustable Rates
Margin 2.75 over Treasury Bill
1 Family up to 97% LTV, Condo up to 95% LTV and 2-4 Family up to 80% LTV
1 Year Variable Rates - 30 Years up to $1,000,000.00
1 - 6 Caps
3.500%0.0003.846%3.875%$4.49Show Payments
3.250%1.0003.909%3.875%$4.35Show Payments
2.875%2.0003.962%3.875%$4.15Show Payments

Adjustable Rates

Margin 2.75 over Treasury Bill
1 Year Variable Rate - 30 Years up to $1,000,000.00
2 - 6 Caps

1 Family up to 97% LTV
Condo up to 95% LTV
2-4 Family up to 80% LTV

Rates as of Tuesday, May 16, 2017

Interest RatePointsAPRFully Indexed RatePayment per $1,000PaymentsApply
1 Year Variable Rate - 30 Years up to $1,000,000.00
2 - 6 Caps
3.000%0.0003.806%3.875%$4.22Show Payments
2.750%1.0003.869%3.875%$4.08Show Payments
2.625%2.0003.942%3.875%$4.02Show Payments

Adjustable Rates

Margin 2.75 over Treasury Bill
3/1 ARM - 30 Years up to $1,000,000.00
2 - 6 Caps

1 Family up to 97% LTV
Condo up to 95% LTV
2-4 Family up to 80% LTV

Rates as of Tuesday, May 16, 2017

Interest RatePointsAPRFully Indexed RatePayment per $1,000PaymentsApply
3/1 ARM - 30 Years up to $1,000,000.00
2 - 6 Caps
3.000%0.0003.680%3.875%$4.22Show Payments
2.875%1.0003.733%3.875%$4.15Show Payments
2.750%2.0003.787%3.875%$4.08Show Payments

Adjustable Rates

Margin 2.75 over Treasury Bill
5/1 ARM - 30 Years up to $1,000,000.00
2 - 5 Caps

1 Family up to 97% LTV
Condo up to 95% LTV
2-4 Family up to 80% LTV

Rates as of Tuesday, May 16, 2017

Interest RatePointsAPRFully Indexed RatePayment per $1,000PaymentsApply
5/1 ARM - 30 Years up to $1,000,000.00
2 - 5 Caps
3.000%0.0003.569%3.875%$4.22Show Payments
2.875%1.0003.605%3.875%$4.15Show Payments
2.750%2.0003.642%3.875%$4.08Show Payments

Rates and terms described are for owner-occupied properties only and assume 20% down payment. Low down payment programs are also available. Rates are subject to change without notice. Variable and Adjustable rates may increase during the term of the loan.

All mortgages with less than 20% down payment may require PMI (Private Mortgage Insurance). The rate and point structure will be the same as mortgages with a 20% down payment.

1 Interest rates are subject to credit and property approval based upon secondary market guidelines. Interest rates and APRs may vary depending on loan details, such as points, loan amount, your credit and property occupancy. The rates shown are available to borrowers with a satisfactory credit history. Your rate may vary based upon your credit history and other loan details.