Consumers that are considering purchasing a house or refinancing can look at the loans and rates offered by Provident Bank as one source of real estate finding in the Golden State.  Finding the best mortgage California and obtaining a low mortgage rate is the key to getting the most value out of your next home purchase or refinance in California. 

Not all California mortgage loans are equal, prospective mortgage borrowers should shop and compare mortgage rate with more that one bank mortgage lender to find the mortgage loan available.  Provident Bank is one of the leading bank mortgage lenders in California with a significant retail lending presents and a wholesale lending department.

Current mortgage rates offered by Provident Bank in California based on the published rates offered by the bank currently on their web site include the following interest rates, points and APRs for a single family purchase today:

30 year fixed rate mortgage offered by Provident Bank is California is at 3.999 percent, no points with an APR of 4.039 percent.

The 15 year fixed rate mortgage is at 3.250 percent with 0.250 points and a 3.354 percent APR.

Provident Bank also offers a 5/1 adjustable rate mortgage with an interest rate that us fixed for five years and then adjusts annually based on a set index and margin.  The 5/1 ARM mortgage rate by Provident is 3.000 percent and 0.375 points with a 3.066 percent APR.

Provident Bank offers additional fixed rate loan options, adjustable rate mortgages and loans specifically designed for first time home buyers.

The Provident Bank mortgage rates listed assume a 20 percent down payment on a single family home purchase for conforming mortgage amounts to $417,000.  Mortgages with down payments less than 20% down require Private Mortgage Insurance and will result in higher APRs.  All mortgage rates are current as of March 9th, 2012 and are subject to change at any time.  All home loans must meet Provident Bank underwriting standards including borrower and property qualification.  Other terms and restrictions apply.

Provident Bank has been operating in California since 1956 and is the largest independent community bank in Riverside County.  A Provident Bank mortgage representative can be reached directly at (800) 250-1713 Monday – Friday 8:30 a.m. – 5:00 p.m.

For more information on mortgage loans and mortgage rates in California refer to the following mortgage rate table: California mortgage rates.  For a detailed list of bank mortgage lenders refer to the mortgage lenders page.

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