First Home. Next Home. A Home Away From Home.

Lock’n’Shop is only available on certain 15 and 30 year fixed rate Freddie Mac mortgage loan options. Not available without required documentation to obtain a fully underwritten preapproval. Lock’n’Shop locks your initial interest rate for up to 180 days. Your interest rate will depend on the date you lock your rate. Additional conditions or exclusions may apply. Loans are subject to credit and property approval, bank underwriting guidelines, and may not be available in all states. Other loan programs and pricing may be available. Certain conditions, terms, and restrictions may apply based on the loan program selected. The term of the loan may vary based upon program chosen. Property insurance is required; if the collateral is determined to be in an area having special flood hazards, flood insurance will be required.

Loans are subject to credit and property approval, bank underwriting guidelines, and may not be available in all states. Other loan programs and pricing may be available. The term of the loan will vary based upon program chosen. Certain conditions, terms, and restrictions may apply based on the loan program selected. Property insurance is required; if the collateral is determined to be in an area having special flood hazards, flood insurance will be required. Permanent financing is subject to additional credit approval and property valuation.

Construction Loan: The Annual Percentage Rate is 7.272% effective 5.1.2023 for a period of one year. Rates and payments based on 95% Loan to Value. Note is modified during the construction period to call for a monthly payment of interest only on funds advanced. The annual rate cap is 1%-2% with a 5%-8% over initial lifetime cap depending on the program chosen. The initial rate may include a premium or discount and may not be based on the current index value. The timing of the request to convert to fixed rate financing or to modify the rate is product dependent and may range from 180 days before to 30 days after final draw. The new interest rate will be equal to the appropriate interest rate posted on the Johnson Bank Internal Rate Sheet on the date that the request is received plus any applicable investor delivery fees. The applicable interest rate will be determined by the term and rate lock period being requested. A monthly payment on a 360 month fully amortized $726,200 mortgage loan at 6.375% is $6.24 per $1,000 borrowed. Payments include principal and interest. Actual payments/monthly expenses may be greater due to term selected, property taxes and required homeowner’s insurance and, if required, flood insurance. Required closing costs, including property appraisal and title insurance, range from $3,000 to $3,500. Private mortgage insurance required on loans with less than 20% down.

Lot Loan: The Annual Percentage Rate is 6.853% effective 5.1.2023 for a period of one year. Rates and payments based on 85% Loan to Value. Minimum down payment of 15% required. Your loan payment will be locked in at a 1, 2, or 3 year payment schedule as selected, amortized over 20 years. A monthly payment on a $100,000 3 year lot loan with a 240 month amortization at 6.50% is $7.46 per $1,000 borrowed. At the end of the loan term, the principal balance remaining unpaid will be due in full, plus any unpaid charges due but not collected during the term of the loan. The loan may be eligible for renewal based on current credit approval, underwriting guidelines and subject to property approval. Actual payments/ monthly expenses may be greater due to term selected, property taxes and required homeowner’s insurance. If applicable, flood insurance may be required. Required closing costs, including property appraisal and title insurance, range from $1,500 to $2,000.

Jumbo Construction Loan: The Annual Percentage Rate is 7.427% effective 5.1.2023 for a period of one year. Rates and payments based on 95% Loan to Value. Note is modified during the construction period to call for a monthly payment of interest only on funds advanced. The annual rate cap is 1%-2% with a 5%-8% over initial lifetime cap depending on the program chosen. The initial rate may include a premium or discount and may not be based on the current index value. The timing of the request to modify the rate is product dependent and may range from the date of the final draw to 30 days after the final draw date. The new interest rate will be equal to the appropriate interest rate posted on the Johnson Bank Internal Rate Sheet on the date that the request is received plus any applicable investor delivery fees. The applicable interest rate will be determined by the term and rate lock period being requested. A monthly payment on a 360 month fully amortized $1,000,000 mortgage loan at 6.375% is $6.24 per $1,000 borrowed. Payments include principal and interest. Actual payments/monthly expenses may be greater due to term selected, property taxes and required homeowner’s insurance and, if required, flood insurance. Required closing costs, including property appraisal and title insurance, range from $3,500 to $4,000. Private mortgage insurance required on loans with less than 20% down.

Fixed Rate Mortgage: The Annual Percentage Rate is 6.633% effective 5.1.2023 for a period of 30 days. Rates and payments based on 95% Loan to Value. Minimum down payment of 5% required. A monthly payment on a 360 month fully amortized $726,200 mortgage loan at 6.20% (reflects discounted rate) is $6.12 per $1,000 borrowed. Payments include principal and interest. Actual payments/monthly expenses may be greater due to term selected, property taxes and required homeowner’s insurance. Required closing costs, including property appraisal and title insurance and other fees range from $2,000 to $2,500. Private mortgage insurance required on loans with less than 20% down.

Adjustable Rate Mortgage: The Annual Percentage Rate is 7.131% effective 5.1.2023 for a period of 30 days. Rates and payments based on 95% Loan to Value. Minimum down payment of 5% required. The interest rate on these loans vary and may increase after consummation. The interest rate cannot increase or decrease more than 2%-5% (contingent on ARM term) at the first adjustment period; and not more than 1% at each subsequent adjustment period. Your interest rate cannot increase or decrease more than 5% over the term of the loan. The interest rate will be based on the 30-day average SOFR (the index) as published by the Federal Reserve Bank of New York, plus our margin rounded to the nearest one eighth of one percentage point (0.125%). The initial monthly payment on a 360-month fully amortized $726,200 mortgage loan at the initial rate of 6.125% (reflects discounted rate) is $6.08 per $1,000 borrowed. The initial monthly payment on a 180-month fully amortized $726,200 mortgage loan at the initial rate of 6.125% (reflects discounted rate) is $8.51 per $1,000 borrowed. Payments include principal and interest. Actual payments/monthly expenses may be greater due to term selected, property taxes and required homeowner’s insurance. Required closing costs, including property appraisal, title insurance, and other fees range from $2,000 to $2,500. Private mortgage insurance required on loans with less than 20% down.

Fixed Rate Mortgage – Jumbo: The Annual Percentage Rate is 7.167% effective 5.1.2023 for a period of 30 days. Rates and payments based on 95% Loan to Value. Minimum down payment of 5% required. A monthly payment on a 360 month fully amortized $1,000,000 mortgage loan at 6.725% (reflects discounted rate) is $6.47 per $1,000 borrowed. Payments include principal and interest. Actual payments/monthly expenses may be greater due to term selected, property taxes and required homeowner’s insurance. Required closing costs, including property appraisal and title insurance and other fees range from $2,500 to $3,000. Private mortgage insurance required on loans with less than 20% down.

Adjustable Rate Mortgage - Jumbo: The Annual Percentage Rate is 7.293% effective 5.1.2023 for a period of 30 days. Rates and payments based on 95% Loan to Value. Minimum down payment of 5% required. The interest rate on these loans vary and may increase after consummation. The interest rate cannot increase or decrease more than 2%-6% (contingent on ARM term) at the first adjustment period; and not more than 1%-2% at each subsequent adjustment period. Your interest rate cannot increase or decrease more than 6% over the term of the loan. The interest rate will be based on the 30-day average SOFR (the index) as published by the Federal Reserve Bank of New York, plus our margin rounded to the nearest one eighth of one percentage point (0.125%). The initial monthly payment on a 360-month fully amortized $1,000,000 mortgage loan at the initial rate of 6.25% (reflects discounted rate) is $6.16 per $1,000 borrowed. The initial monthly payment on a 180-month fully amortized $1,000,000 mortgage loan at the initial rate of 6.25% (reflects discounted rate) is $8.57 per $1,000 borrowed. Payments include principal and interest. Actual payments/monthly expenses may be greater due to term selected, property taxes and required homeowner’s insurance. Required closing costs, including property appraisal, title insurance, and other fees range from $2,500 to $3,000. Private mortgage insurance required on loans with less than 20% down.

Rural Housing: Johnson Bank will provide guidance on resources to obtain homeownership education. The Annual Percentage Rate is 6.788% effective 5.1.2023 for a period of 30 days. Rates and payments based on 100% Loan to Value. No minimum down payment required. A monthly payment on a 360 month fully amortized $726,200 mortgage loan at 5.975% (reflects discounted rate) is $5.98 per $1,000 borrowed. Payments include principal and interest. Actual payments/monthly expenses may be greater due to term selected, property taxes and required homeowner’s insurance. Required closing costs, including property appraisal, title insurance, and other fees range from $2,000 to $2,500.

VA Loan: The Annual Percentage Rate is 6.943% effective 5.1.2023 for a period of 30 days and subject to change. Rates and payments based on 100% Loan to Value. No minimum down payment required. A monthly payment on a 360 month fully amortized $726,200 mortgage loan at 6.725% (reflects discounted rate) is $6.47 per $1,000 borrowed. Payments include principal and interest. Actual payments/monthly expenses may be greater due to term selected, property taxes and required homeowner’s insurance. Required closing costs, including property appraisal, title insurance and other fees range from $2,000 to $2,500.

Lot Loan: The Annual Percentage Rate is 6.703% effective 5.1.2023 for a period of one year. Rates and payments based on 85% Loan to Value. Minimum down payment of 15% required. Your loan payment will be locked in at a 1, 2, or 3 year payment schedule as selected, amortized over 20 years. A monthly payment on a $100,000 3 year lot loan with a 240 month amortization at 6.35% (reflects discounted rate) is $7.37 per $1,000 borrowed. At the end of the loan term, the principal balance remaining unpaid will be due in full, plus any unpaid charges due but not collected during the term of the loan. The loan may be eligible for renewal based on current credit approval, underwriting guidelines and subject to property approval. Actual payments/monthly expenses may be greater due to term selected, property taxes and required homeowner’s insurance. If applicable, flood insurance may be required. Required closing costs, including property appraisal and title insurance, range from $1,500 to $2,000.

Community Mortgage - Fixed Rate: Borrower must qualify for and meet all program requirements. Must qualify for and close a new purchase with Johnson Bank. Income guidelines and purchase limits apply. Two months reserves required (gift funds allowed) once minimum borrower’s contribution is met. Johnson Bank will provide guidance on resources for home ownership education. The Annual Percentage Rate is 7.793% effective 5.1.2023 for a period of 30 days. Rates and payments based on 97% Loan to Value. Minimum down payment of 3% required. A monthly payment on a 360 month fully amortized $726,200 mortgage loan at 6.85% (reflects discounted rate) is $6.55 per $1,000 borrowed. Payments include principal and interest. Actual payments/monthly expenses may be greater due to term selected, property taxes and required homeowner’s insurance. Required closing costs, including property appraisal, title insurance and other fees range from $1,500 to $2,000. Private mortgage insurance required on loans with less than 20% down.

Community Mortgage – Variable Rate: Borrower must qualify for and meet all program requirements. Must qualify for and close a new purchase with Johnson Bank. Income guidelines and purchase limits apply. Two months reserves required (gift funds allowed) once minimum borrower’s contribution is met. Johnson Bank will provide guidance on resources for home ownership education. The Annual Percentage Rate is 7.375% effective 5.1.2023 for a period of 30 days. Rates and payments based on 97% Loan to Value. Minimum down payment of 3% required. The interest rate on these loans vary and may increase after consummation. The interest rate cannot increase or decrease more than 2%-5% (contingent on ARM term) at the first adjustment period; and not more than 1% at each subsequent adjustment period. Your interest rate cannot increase or decrease more than 5% over the term of the loan. The interest rate will be based on the 30-day average SOFR (the index) as published by the Federal Reserve Bank of New York, plus our margin rounded to the nearest one eighth of one percentage point (0.125%). The initial monthly payment on a 360-month fully amortized $726,200 mortgage loan at the initial rate of 5.50% (reflects discounted rate) is $5.68 per $1,000 borrowed. Payments include principal and interest. Actual payments/monthly expenses may be greater due to term selected, property taxes and required homeowner’s insurance. Required closing costs, including property appraisal, title insurance, and other fees range from $1,500 to $2,000. Private mortgage insurance required on loans with less than 20% down.

Doctor/Dentist (ARM): The Annual Percentage Rate is 6.744% effective 5.1.2023 for a period of one month. Rates and payments based on 90% Loan to Value. Minimum down payment of 10% required. The interest rate on these loans vary and may increase after consummation. The interest rate cannot increase or decrease more than 2%-6% at the first adjustment period; and not more than 1%-2% at each subsequent adjustment period. Your interest rate cannot increase or decrease more than 6%-8% over the term of the loan. The interest rate will be based on the 30-day average SOFR (the index) as published by the Federal Reserve Bank of New York, plus our margin rounded to the nearest one eighth of one percentage point (0.125%). The initial rate may include a premium or discount and may not be based on the current index value. A monthly payment on a 360 month fully amortized $1,750,000 mortgage loan at 5.375% is $6.24 per $1,000 borrowed. Payments include principal and interest. Actual payments/monthly expenses may be greater due to term selected, property taxes and required homeowner’s insurance and, if required, flood insurance. Required closing costs, including property appraisal and title insurance, range from $2,500 to $3,000.

Doctor/Dentist (Fixed): The Annual Percentage Rate is 6.915% effective 5.1.2023 for a period of one month. Rates and payments based on 90% Loan to Value. Minimum down payment of 10% required. A monthly payment on a 360 month fully amortized $1,750,000 mortgage loan at 6.875% is $6.57 per $1,000 borrowed. Payments include principal and interest. Actual payments/monthly expenses may be greater due to term selected, property taxes and required homeowner’s insurance. Required closing costs, including property appraisal and title insurance and other fees range from $2,500 to $3,000.

Professional (ARM): The Annual Percentage Rate is 6.749% effective 5.1.2023 for a period of one month. Rates and payments based on 90% Loan to Value. Minimum down payment of 10% required. The interest rate on these loans vary and may increase after consummation. The interest rate cannot increase or decrease more than 2%-6% at the first adjustment period; and not more than 1%-2% at each subsequent adjustment period. Your interest rate cannot increase or decrease more than 6%-8% over the term of the loan. The interest rate will be based on the 30-day average SOFR (the index) as published by the Federal Reserve Bank of New York, plus our margin rounded to the nearest one eighth of one percentage point (0.125%). The initial rate may include a premium or discount and may not be based on the current index value. A monthly payment on a 360 month fully amortized $1,000,000 mortgage loan at 6.375% is $6.24 per $1,000 borrowed. Payments include principal and interest. Actual payments/monthly expenses may be greater due to term selected, property taxes and required homeowner’s insurance and, if required, flood insurance. Required closing costs, including property appraisal and title insurance, range from $2,500 to $3,000.

Professional (Fixed): The Annual Percentage Rate is 6.921% effective 5.1.2023 for a period of one month. Rates and payments based on 90% Loan to Value. Minimum down payment of 10% required. A monthly payment on a 360 month fully amortized $1,000,000 mortgage loan at 6.875% is $6.57 per $1,000 borrowed. Payments include principal and interest. Actual payments/monthly expenses may be greater due to term selected, property taxes and required homeowner’s insurance. Required closing costs, including property appraisal and title insurance and other fees range from $2,500 to $3,000.