National Penn Mortgage Rates

Search and compare the current mortgage rates offered by National Penn Bank in Pennsylvania and Maryland. National Penn offers several mortgage programs for new home buyers and those who wish to refinance. The mortgage loan programs promoted by National Penn come with very reasonable rates and costs and then bank is always willing to provide their current rates and loan cost information to prospective customers.

The diverse range of home loan programs available to new borrowers at National Penn include conventional fixed rate mortgages, adjustable rate mortgages, jumbo mortgages, FHA mortgages, Pennsylvania Housing Finance Agency loans, VA loans, and USDA rural housing loans. The bank also offers construction to permanent loan that provides a construction loan first and is later modified to permanent financing.

National Penn handles all of the loan requests locally. The mortgage representatives with the bank are knowledgeable about the local Pennsylvania real estate market and can help new loan applicants through the steps to find and secure the best home loan available.

Review the current mortgage rates listed for the more common loan products, including the 30 year fixed rate mortgage and 15 year fixed rate mortgage:

National Penn Mortgage Rates
National Penn Mortgage Rate Points APR
National Penn 30 year Mortgage Rate
3.500 0.000 3.581
National Penn 15 Year Mortgage Rate
2.750 0.000 2.893

Additional loan programs, rates, terms and repayment options are available from National Penn. The mortgage rates and Annual Percentage Rates on the home loans may vary depending on several factors including but not limited to the points paid, loan amount, loan-to-value, the credit score of the borrower, property type, and occupancy.

Other consumer credit options at the bank include lot loans, home equity loans and home equity lines of credit. In addition to customized loan options, competitive rates and flexible terms, the home equity loans offer one of the few ways to borrow money and still enjoy a possible tax deduction.

Most of the loan programs available through the lender can also be used to reference an existing home loan. Refinance programs can be used to meet the needs of those looking to gain from lowering their monthly payment, combining a first and second mortgage, taking advantage better interest rates in the market, changing loan terms, freeing up some cash from equity in the home, or any of the many other reasons for refinancing a loan.

Rates and terms are subject to bank approval and the guidelines established by the secondary mortgage market including the underwriting guidelines of PHFA, FHA, VA and USDA. The mortgage loan programs and bank rates are subject to change. Other terms, conditions and restrictions may apply.

All information is based on sources deemed reliable, but no warranty or guarantee is made as to its accuracy or completeness. Contact National Penn directly to verify the current home loan rates and find out about additional mortgage lending details and requirements.

A National Penn mortgage representative can be reached by calling the banks mortgage department at 877-469-6762.

Bank rates moved lower for both borrowers and savers for the week ending April 26, 2013 based on the most recent survey of bank rates conducted by  CD interest rates were down slightly for the week with the majority of the losses in yield coming on the long term maturities. Based on the current survey,
CD rates moved modestly higher during a week when most bank rates and interest rates had shifted decidedly lower.  The big news for the week or perhaps the month, the Fed statement that there will be no reduction in the current round of stimulus or QE3, had little impact on bank CD rates.  The lack
The intense stock market volatility surfacing late this summer has done little to impact bank and credit union certificate of deposit rates.  While the stock market has seen days in which the major indices have moved by multiple percentage points from the open to the close, CD rates have showed little volatility continuing a mostly