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Home sweet loan.

Compare our Mortgage Products.

Buying a home is a major milestone, but figuring out how to pay for it can stressful. We offer a variety of mortgage products and are here to help you choose the right one for you.* We’ll also help you through the mortgage process, from pre-qualification to closing, to make your home buying experience as stress-free as possible.
Fixed Rate
Adjustable Rate
Federal Housing Administration (FHA)
Department of Veteran Afffairs (VA)
Contruction
Jumbo
 
For borrowers looking for
  • The same interest rate for the life of the loan.
  • Variety of repayment terms from 10 to 30 years.
  • Lower interest rates than fixed-rate mortgages.
  • Variety of repayment terms from 5 to 10 years.
  • Smaller down payments.
  • Loans for qualified veterans, reservists, or active duty personnel.
  • Flexible terms
  • Interest-only payments during construction One loan that combines your construction costs and permanent mortgage.
  • Higher loan amounts
  • Available as fixed-rate or adjustable-
What you need to know
  • Higher monthly payments.
  • Rates fluctuate after a period of time.
  • Loan size limits may apply based on state or county.
  • Loan must be for primary residence.
  • Loan size may be limited. Loan size limits may apply based on state or county
  • Loan must be for primary residence. Loan must b e for primary residence.
  • High credit score.
  • High monthly payments.
  • Higher interest rate than fixed- or adjustable- rate mortgages.
  • Partial loan payments.
  • Requires higher credit score, income, and down payment.
Down payment requirements

As low as 3% of purchase amount

As low as 3% of purchase amount

3.5% of purchase amount

0% of purchase amount

10% or more of purchase amount

20% or more of purchase amount

Income requirement

Moderate

Moderate

Low to Moderate

Moderate

High

High

Credit risk elegibiliy

High

High

Low

Low

High

High

Fixed-interest rate

Yes

No

Yes

Yes

Yes

Yes

 
Terms available

10, 15, 20, 30 years

5, 7, or 10 years

Fixed-Rate 10, 20, or 30 years

Adjustable-Rate Mortgages 30 years

15 or 30 years

Fixed-Rate 15, 20, 25, or 30 years

Adjustable-Rate Mortgages 15 or 30 years

Fixed-Rate 15, 20, 25, or 30 years

Adjustable-Rate Mortgages 15 or 30 years

 
Mortgage insurance

If down payment <20%

If down payment <20%

Yes

No

If down payment <20%

If down payment <20%

Compare our loan benefits:

  • Budget with confidence, knowing that your interest rate and monthly principal and interest (P&I) payments won’t change during your loan term.
  • Spread out your payments over up to 30 years, or pay your home off sooner with a variety of loan terms. You can choose repayment terms from 10 to 30 years.
  • Lock in your interest rate and reduce your exposure to changes in the economy.
  • Enjoy an affordable monthly payment, lower than a fixed-rate mortgage.
  • Interest payments during the early years of your Adjustable Rate Mortgage (ARM) loan will be generally lower than those of a fixed-rate mortgage.
  • Save money on interest payments if you plan to move or refinance within a few years.
  • Your initial interest rate will remain the same for a period of 5, 7, or 10 years, depending on the mortgage you choose, and then adjust semi-annually, based upon current interest rates.
  • With down payment options as low 3.5%, you’ll need less cash up front for your down payment and closing costs with an FHA loan.
  • FHA loans are available for all income levels and may allow you to use a gift or grant for all or a portion of your down payment or closing costs.
  • Use an FHA loan to purchase or refinance your home, and choose from a variety of fixed-rate and adjustable rate loan options.
  • With down payment options as low 3.5%, you’ll need less cash up front for your down payment and closing costs with an FHA loan.
  • FHA loans are available for all income levels and may allow you to use a gift or grant for all or a portion of your down payment or closing costs.
  • Use an FHA loan to purchase or refinance your home, and choose from a variety of fixed-rate and adjustable-rate loan options.
  • Choose from multiple home construction loan interest rate and term options, including zero points loans, to meet your needs.
  • Save money by making interest-only payments while your home is being built.
  • Put the equity in your land toward your down payment requirements, or use your loan funds to purchase your lot.
  • Take out one loan that combines your construction costs and permanent mortgage.
  • For borrowers needing higher loan amounts.
  • Available as fixed-rate or adjustable-rate loans.
  • Jumbo mortgages are available for primary residences, second or vacation homes and investment properties, and are also available in a variety of terms, including fixed-rate and adjustable-rate loans.

EZApplySM from Santander®

Ready when you are with the fastest and simplest way to apply and close on a Santander Mortgage.

  • Apply fast and paperless any time, anywhere.
  • Track your application status from start to finish.
  • Work with a loan specialist assigned to you
  • Close the loan at your convenience.

EZApplySM

Pre-qualify quickly and easily.

Start or check the status of your application.


How Santander Home Lending steps up.

  • Competitive rates on the right mortgage for you.
  • Service your way, in-person or online.
  • Access to more than 575 branches across the Northeast.
  • An A+ Better Business Bureau Rating.



Highly rated Mobile Banking App.

mobile banking app device mobile banking app rating

217k ratings as of 10/08/2020.

Bank your way. Check your balance, deposit checks, pay bills, shop with Apple Pay®, or transfer money, virtually anywhere, any time.
 

Santander PROTECHTION.

Digital banking with Santander PROTECHTION gives you the confidence and control to bank online with peace of mind.

  • Manage accounts. Know you’re safe with us, using digital controls for cards, alerts, and more.
  • Manage cards. Activate debit and credit cards, put a misplaced card on hold, report them lost or stolen, and request replacements.
  • Set up alerts. Select and customize the alerts you want to receive, refine alert settings, and choose whether to receive them via text, email, or both.


 

Have questions?

 

1-855-684-4968

Call our Home Lending Center.

Arrange a meeting with one of our loan specialists.


* All loans subject to approval.


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