Are you buying a home or refinancing your current mortgage?
SELECT A MORTGAGE LOAN THAT FITS YOUR NEEDS:
Fixed Rate Loans
Monthly principal and interest payment is constant for the life of the loan, which makes it easy to budget.
Rates – Fixed Rate Mortgage Loans**
APR applies to loans with a maximum loan-to-value (LTV) of 80%
| Description | Points | Interest Rate | APR |
| 15 Years | 0.000 | 3.125% | 3.183% |
| 20 Years | 0.000 | 3.750% | 3.795% |
| 25 Years | 0.000 | 3.875% | 3.913% |
| 30 Years | 0.000 | 3.875% | 3.908% |
| 7/1 ARM | 0.000 | 3.375% | 3.375% |
| 15/30 | 0.000 | 3.625% | 3.625% |
Adjustable Rate Loans
Interest rate and principal and interest payment change periodically based on the adjustment term you choose. If you will be moving in a few years, or if you think interest rates will be going down, you may want to consider an adjustable rate loan, since monthly payments may be lower.
Adjustable Rate Mortgage Loans ** – T-Bill Index
APR applies to loans with a maximum loan-to-value (LTV) of 80%
7/1 ARM – Call for our current rate!
Adjustable Rate Mortgages have a term of 30 years. 7/1 year ARMs have a first adjustment cap of 5%, thereafter 2% per adjustment, 6% life time. Single Family 80% LTV First Lien. Condominiums 75% LTV First Lien.
** All Mortgages have an application fee of $200
Applicants for first mortgage loans will be eligible for reduced loan settlement charges, provided that applicants arrange for title work and title insurance through General Abstract Title Agency, Inc.a subsidiary of Roma Bank.
Additional Terms and Conditions may apply.
To download our mortgage application package, please click on the following links:
Mortgage Application Package
A Consumer’s Guide to Mortgage Settlement Costs
Please mail the completed application to:
RomAsia Bank
Attn: Mortgage Department
4287 U.S. Highway 1
Monmouth Junction, NJ 08852
If you would like to speak with a RomAsia Bank representative concerning your mortgage request, please contact us at 1-877-328-0060 and dial extension 8108 for Manisha Sharma.
Use this calculator to determine your monthly payment and amortization schedule – Mortgage Loan Calculator .