Mortgages

Residential mortgages available for the purchase or refinance of your primary residence, second home or investment property. Conventional mortgages Jumbo mortgages Fixed and variable rate low/moderate income programs available. First time homebuyers program available.

VA, FHA and Graduated Payment Mortgages are not available through Atlantic Stewardship Bank. Adjustable Rate Mortgages are not available online. Please call 201-444-7100 to inquire regarding adjustable rate mortgage loans.

 

Special Mortgage Products

NJHMFA First Time Homebuyers Mortgage Program (MFA)

Atlantic Stewardship Bank is a participant in the New Jersey Housing and Mortgage Finance Agency's First Time Homebuyers program. The loan program is for purchase transactions only with loans up to 95.00% of value. Eligible properties include one family units including condominiums (new and existing), 2-4 family dwellings which have been in existence for 5 or more years. Income limits are determined by the area of purchase (subject property) as well as family size. Please call the mortgage department to obtain details as to the current interest rate, maximum loan amounts income limits and other loan criteria.

ASB Volunteer Firemen, Auxiliary Police and Ambulance Corp. Mortgage Program

Atlantic Stewardship Bank is pleased to announce a new mortgage loan program in recognition of the efforts of volunteer firemen, auxiliary police and ambulance corps members. The loans offered are fixed rate mortgages for owner occupied primary residences in New Jersey with minimum loan amount of $150,000 and a maximum is $417,000 for a one unit property and $533,850 to a two family house. Standard application fees of $375.00 for a one unit dwelling ($595.00 for a two unit dwelling) apply. A non-refundable origination fee of $750 is due closing. A lock-in fee refundable at closing is required when the applicant wishes to lock their interest rate for the 60 day lock period. Please contact the mortgage department for the current rate and other details regarding this program.

Interest Only Fixed Rate and Adjustable Rate Mortgages

• Interest-only payments for a pre-set number of months, followed by monthly payments of principal and interest that amortize the loan over its remaining term.
• Qualify at the interest only payment, gives more purchasing power
• Principal reductions allowed at any time. This reduces the monthly payment during the interest-only period of the loan and when the amortization process begins.

This product is ideal for:

• Borrowers wanting more control of their cash flow: use the monthly savings for other use such as furnishing their new home, assisting self-employed who have seasonal income variances.
• Relocation borrowers: expands their purchasing power in a high cost area such as New Jersey.

Standard ARM loans are also available. Please call the mortgage department for details.

Related Links

• Deposit Rates
• Loan Rates
• Mortgage Rates
• Calculators

Important Information

On September 11, 2001, our lives changed forever. In an effort to protect you and our country, the USA PATRIOT Act was signed into law. To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.

When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may ask to see your driver's license or other identifying documents.

We proudly support all efforts to protect and maintain the security of our customers and our country.