Busey Bank is owned and operated by the First Busey Corporation. First Busey Corporation has two wholly owned banks with locations in three states. Busey Bank is headquartered in Champaign, Illinois and has forty five banking centers serving downstate Illinois. Busey Bank has a banking center in Indianapolis, Indiana, and a loan production office in Fort Myers, Florida. The mortgage division offers a variety of home loan options including fixed rate mortgages and adjustable rate mortgages.
A sampling of Busey Bank’s mortgage rates includes the following. A 30 year fixed rate mortgage with an interest rate of 5.375%, no points and an APR of 5.470%. A 15 year fixed rate mortgage with an interest rate of 4.625%, no points and an APR of 4.678%. And a 3/1 adjustable rate mortgage that has an interest rate of 5.375%, no points and an APR of 3.678%. These rates are based on a purchase for a single family home with a 20% down payment and a loan amount of $180,000.00. Applying the mortgage calculator to these terms, the monthly mortgage payment on this loan would be $1,007.95. For the 15 year fixed rate mortgage, the mortgage calculator yielded a $1,388.51 monthly mortgage payment. And for the 3/1 adjustable rate mortgage, the mortgage calculator calculated a monthly mortgage payment of $1,007.95.
The interest rates, annual percentage rates (APRs) and points shown are subject to change without notice. Busey Bank can be reached at 800-672-8739. The web address for the bank web site is www.busey.com. Busey Bank provides a mixture of low rates and fees with great customer support. Mortgage loan applications can be completed and approved online.
Tags: 15 year fixed rate mortgage, 30 year fixed rate mortgage, adjustable rate mortgage, Florida mortgage rates, Illinois mortgage rates, monthly mortgage payment, mortgage calculator
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