Loan Rates

For Mortgage rates, please contact Malvern Federal Savings Bank at 610-644-9400.

Mortgages

Bank NMLS# 506820

 Fixed Monthly
TermPointsInterest RateAPR* Payment per $1,000
     
30 Year Fixed Monthly

0.00%

 

 

 
20 Year Fixed Monthly 0.00%  

 

 
15 Year Fixed Monthly 0.00%      
10 Year Fixed Monthly   0.00%      

*APR: Annual Percentage Rate.  The displayed APR for the loan  products shown reflects the interest rate and approximate cost of prepaid finance charges.

Information displayed is accurate as of the date of the latest update and is subject to change without notice. Loan pricing can only be locked through a home mortgage consultant. Other restrictions may apply. Mortgage interest rates shown are based on a 60-day rate lock period. These mortgage rates are based upon a variety of assumptions and conditions which include a consumer credit score which may be higher or lower than your individual credit score. Your loan's interest rate will depend upon the specific characteristics of your loan transaction and are subject to credit and property approval based on secondary market guidelines. The interest rates shown are based on average rates for our best-qualified customers.

Member FDIC. Equal Housing Lender.

Additional Loan/Line Products

 Auto Loans
TypeTerm or MonthsMinimum AmountAPR*  with auto payMonthly Payment per $1,000 borrowed
New Auto 12 -60 $10,000 Rates starting at 3.49% $ 18.19
Previously Owned  (06-12) 12-60 $10,000 Rates starting at 4.24% $ 18.52
 Personal Loans + Lines of Credit
TypeTerm MonthsMinimum AmountAPR*  with** auto payMonthly Payment per $1,000 borrowed
Pledged Secured* 60 $2,000 1.5% over CD Rate* $ 19.21
Unsecured 36 $2,000 11.49% $ 32.96
Unsecured 60 $2,500 11.74% $ 22.11
Rate Saver Line of Credit Revolving $2,000 WSJ Prime + 5.50%  
Consolidation Loan   60   $10,000 7.74%  $20.03 

Minimum rates 5.00% for 36 month term. Payment assumes rate of 5.75% for 60 month term. **Autopay must be from a qualified Malvern Federal checking account. Maximum interest on the line of credit is 18%.  Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best-qualified customers. Your individual rate may vary. *Annual Percentage Rate (APR) is subject to FNMA confirming loan limits.Member FDIC. Equal Housing Lender.

Overdraft Line of Credit
TermMinimum  AmountAPR*
Revolving $500 7.25%


All rates/yields are subject to change at any time without prior notice.  APR= *Annual Percentage Rate. Member FDIC. Equal Housing Lender.

 

 Swing/Bridge Loan
TypeMinimum AmountAPR*
12 Month Term 15 Days Interest 4.25% (Prime plus 1%)

Home Equity Loans and Lines of Credit

Installment Loan - First Lien Position
TermAPR*Monthly Payment per $1,000 borrowed
 60 months 3.99% $ 18.19
 120 months 4.49% $ 10.12
     
Installment Loan - Second Lien Position
TermAPR*Monthly Payment per $1,000 borrowed
 60 months 4.49% $ 18.41
 120 months 5.24% $ 10.48
180 months 5.49% $ 7.90

APR=* Annual Percentage Rate.

All rates/yields are subject to change at any time without prior notice.  

**Auto pay must be from a qualified Malvern Federal Checking account.  Installment rate is 0.25% higher without automatic payment. Home Equity Line of Credit is .50% higher without auto pay. Home Equity Lines of Credit rate may change when Wall Street Journal Prime Rate changes.  Maximum interest on Line of Credit is 18%.  The Home Equity Line of Credit term is a revolving 180 month term.  Introductory rate is for 6 billing cycles and is for new Home Equity Line of Credit customers only and requires auto pay.  Member FDIC. Equal Housing Lender.

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