iMortgages | Ion Bank

iMortgages

iMortgage CT – up to .50% off on conventional Fixed Rate

Available for purchase of 1-4 family, owner-occupied homes, planned units and condominiums* in towns located in the following CT Cities:  Ansonia, Bristol, East Hartford, Hartford, Manchester, Meriden, New Britain, New Haven and Waterbury.

  • As little as 3% down[1]
  • Mortgage rate discounted up to .50% on conventional fixed rate
  • No income or sales price limits
  • Maximum sales price $350,000
  • No Private Mortgage Insurance

Additional requirements:

  • Must have Auto-Payment from Ion Bank personal checking account
  • Homebuyer Education required
  • Subject property must be located in a Low-to-Moderate Income Census Tract

*Subject to project approval

[1] All loans are subject to credit and underwriting approval.  Additional terms and conditions apply, ask your loan officer for details.

iMortgage NJ – up to .50% off on conventional Fixed Rate

Available for purchase of 1-4 family, owner-occupied homes, planned units and condominiums* in towns located in Morris County, New Jersey.

  • As little as 3% down[1]
  • Mortgage rate discounted up to .50% on conventional fixed rate[2]

Additional requirements:

  • Income limits up to 5% limits published by NJHMFA for household
  • Sales Price limits up to 5% limits published by NJHMFA
  • Must have Auto-Payment from Ion Bank personal checking account
  • Homebuyer Education required

*Subject to project approval

[1] All loans are subject to credit and underwriting approval.  Additional terms and conditions apply, ask your loan officer for details.
[2] Subject property must be located in a Low-to-Moderate Income Census Tract

iMortgage Plus – up to .50% off on conventional Fixed Rate

Available for purchase of 1-4 family, owner-occupied homes, planned units and condominiums* in towns located in the following CT Councils of Governments Capital Region, Naugatuck Valley and South Central Region.

  • As little as 3% down[1]
  • Mortgage rate discounted up to .50% on conventional fixed rate[2]

Additional requirements:

  • Income limits up to 5% limits published by CHFA for household
  • Sales Price limits up to 5% limits published by CHFA
  • Must have Auto-Payment from Ion Bank personal checking account
  • Homebuyer Education required

*Subject to project approval

[1] All loans are subject to credit and underwriting approval.  Additional terms and conditions apply, ask your loan officer for details.
[2] Subject property must be located in a Low-to-Moderate Income Census Tract

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