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Fixed Rate Mortgage

The Annual Percentage Rate is 6.218% effective January 13, 2023 for a period of 30 days. Rates and payments based on 95% Loan to Value. Minimum downpayment of 5% required. A monthly payment on a 360 month fully amortized $726,200 mortgage loan at 5.90% (reflects discounted rate) is $5.93 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 6.738% effective January 13, 2023 for a period of 30 days. Rates and payments based on 95% Loan to Value. Minimum downpayment 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 6.00% (reflects discounted rate) is $6.00 per $1,000 borrowed. The initial monthly payment on a 180-month fully amortized $726,200 mortgage loan at the initial rate of 6.00% (reflects discounted rate) is $8.44 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 7.057% effective January 13, 2023 for a period of 30 days. Rates and payments based on 95% Loan to Value. Minimum downpayment 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 6.819% effective January 13, 2023 for a period of 30 days. Rates and payments based on 95% Loan to Value. Minimum downpayment 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 6.00% (reflects discounted rate) is $6.00 per $1,000 borrowed. The initial monthly payment on a 180-month fully amortized $1,000,000 mortgage loan at the initial rate of 6.00% (reflects discounted rate) is $8.44 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 6.086% effective January 13, 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 5.6% (reflects discounted rate) is $5.74 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 6.479% effective January 13, 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 6.225% (reflects discounted rate) is $6.14 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 6.944% effective January 13, 2023 for a period of one year. Rates and payments based on 85% Loan to Value. Minimum downpayment 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 6.475% (reflects discounted rate) is $7.44 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. Private mortgage insurance required on loans with less than 20% down. The Annual Percentage Rate is 6.874% effective January 13, 2023 for a period of 30 days. Rates and payments based on 95% Loan to Value. Minimum downpayment of 5% required. A monthly payment on a 360 month fully amortized $726,200 mortgage loan at 6.55% (reflects discounted rate) is $6.35 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.

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 6.718% effective January 13, 2023 for a period of 30 days. Rates and payments based on 95% Loan to Value. Minimum downpayment 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 5.625% (reflects discounted rate) is $5.76 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.