Hatboro Federal Savings has been engaged in mortgage lending since 1941.  While the mortgage loan options were somewhat limited during that time, Hatboro Federal has grown to offer a variety of home loans with competitive mortgage rates and varying terms for residents of Eastern Pennsylvania.  The bank concentrates their home loan activity for purchases and refinances in Montgomery and Bucks county region of PA.

Based on the information displayed on the bank web site, not only does Hatboro Federal offer competitive mortgage rates but the mortgage loans originated by the bank remain with the bank.  This feature allows customers to communicate directly with Hatboro Federal regarding their mortgage loan during the loan process, at closing and while they are making their monthly payments during the life of the loan, a feature not seen with most U.S. banks.

Hatboro Federal Savings provides home mortgage loans, home equity loans, and home equity lines of credit.  The mortgage loans are offered with both a traditional fixed rate payment plans as well as balloon mortgage payment options.

Current mortgage rates in Pennsylvania offered by Hatboro Federal Savings include the following terms and rates:

A 30 year mortgage in PA has an interest rate of 4.750 percent with no points and a 4.816 APR.
A one point origination fee option brings the 30 year mortgage rate down to 4.500 percent with a 4.650 APR.

The 15 year mortgage rate in PA offered by Hatboro Federal is at 4.250 percent and no points with an APR of 4.357.
The one point option for the 15 year loan puts the mortgage interest rate at 4.000 percent with an APR of 4.254.

There are two balloon loan options available at the bank as well.

The 5/25 balloon mortgage has a payment amount based on 30 year payment amortization but comes due or balloons at the end of five years, the mortgage rate for the 5/25 balloon mortgage is 3.000 percent with zero points and a 3.140 APR.
 
The 7/23 balloon mortgage has a payment amount based on 30 year payment amortization but is due on the seventh year has an interest rate of 3.500 percent and no points for an APR of 3.614.

 The PA mortgage rates and APRs listed are current as of this publication date but are subject to change at any time.  All home loans require bank approval and must meet current underwriting standards.  The sample PA mortgage rates listed are based on a loan amount of $100,000.00 with 20% down for a single family home.

For more information on mortgage rates and mortgage loans in Pennsylvania offered by Hatboro Federal Savings, call the bank direct at 215-675-4424 or visit one of the Hatboro Federal Savings branches in Warrington, Warminster, Jamison, and Hatboro, PA.

To see a list of Hatboro Federal Savings branches, hours and phone numbers see Hatboro Federal Savings.  To find more mortgage rates in Pennsylvania, see the following rate table: Pennsylvania mortgage rates.  For a detailed list of bank mortgage lenders refer to the mortgage lenders page.

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