Need financing to purchase a home? Or maybe a refinance? A Zions Bank® FlexFive Home Loan can help. There are no closing costs and rates are as low as 3.49% variable APR**, which means you could save money by lowering your mortgage payment, pay off your mortgage sooner or take out cash to pay off high-interest debt.
|Rate||APR as low as**|
|Adjustable rate: 240 months, rate reset every 5 years*||3.49%|
|Adjustable rate: 360 months, rate reset every 5 years*||3.69%|
|Rates effective as of 03/12/2014|
Apply online today or call 800-789-5626 to see how a Zions® FlexFive Loan can benefit you.
By having your payment automatically deducted from your Zions Bank checking account, qualify for a 0.25% automatic payment discount from already competitive rates (discount is reflected in the rate table above).
When we say "no fees," we mean it. With a FlexFive Home Loan from Zions Bank avoid paying origination fees, points, closing costs, title insurance fees and appraisal fees**.
Use your FlexFive Home Loan to finance something and usually write off 100% of the interest you pay. Consult your tax adviser about tax deductibility.
The amount of your loan depends on your income and debt levels, your credit history and the property value of your home. The maximum loan-to-value ratio for a FlexFive Home Loan is 80%. To estimate your loan-to-value ratio, simply divide the expected loan amount by the value of your home.
Apply for a loan online and check your application status anytime, day or night, with the click of a mouse.
*Advertised APRs are based on auto-pay discount, term of loan, and excellent credit history. Rates subject to change without notice. No points, closing costs or third-party fees. First lien position required. Property values will be determined by lender—any external appraisal requested by borrower will be at the borrower's expense. Limited to owner-occupied property with up to 80% combined loan-to-value. Other plans and APRs are available; restrictions apply.
**APRs are variable and the APR and monthly payment is subject to change every 5 years. At time of adjustments, the rate will not be lower than 3.64% regardless of the fully indexed rate at the adjustment time. Maximum rate is 9.99%. Rate is based on the Five -Year Long- Term Fixed Rate Bullet, Federal Home Loan Bank Seattle (www.fhibsea.com).
Sample Payment Schedule based on a $100,000 loan (samples do not include amounts for taxes and insurance premiums):