SERVICE

Current Rates

Rates effective as of

HOME LOANS

FIXED RATES 1-4 Family Conventional

Loan Type	Rate	Points	APR	Monthly Payment Per $1,000
First Time Homebuyer¹
30 Year Fixed	6.875%	0.375	7.087%	$6.57

Conventional²
15 Year Fixed	6.375%	0.125	6.694%	$8.64
20 Year Fixed	6.750%	0.125	7.025%	$7.60
30 Year Fixed	6.875%	0.375	7.087%	$6.57

Construction³
30 Year Fixed	7.125%	0.375	7.418%	$6.74

Rates and fees subject to change at any time. You may call 330.264.5767 or TOLL FREE 800.414.1103 to determine if these rates have changed or click here to contract one of our Mortgage Lenders. Payments do not include amounts for taxes and insurance premiums, including mortgage insurance premiums - The actual payment amount will be greater. Insurance must be carried on the real property securing the loan. All lending products are subject to credit review and approval.

The interest rate requires 1% origination fee, plus additional points, if any, as listed above. The Annual Percentage Rate (APR), is the cost of credit over the term of the loan expressed as an annual rate. It includes points, origination fee, and any other required prepaid finance charges.

Rates and fees quoted assumes a purchase of an owner-occupied 1 unit dwelling with no secondary financing for a property located in Ohio. See additional footnotes below for certain terms and conditions.

¹A First Time Homebuyer is an individual who meets all the following requirements: Is purchasing the mortgaged premises, will reside in the mortgage premises as a primary residence, and had no ownership interest (sole or joint) in a residential property during the three-year period preceding the date of the purchase of the mortgage premises. Ownership of a timeshare is not considered ownership interest in a residential property. In addition, a displaced homemaker or a single parent may also be considered a First Time Homebuyer if the individual had no ownership interest in a residential property during the preceding three-year period other than that ownership interest in the martial residence with a spouse. A First Time Homebuyer must have a minimum credit score of 640 and qualifying income must not exceed 100% of the Area Median Income. Other terms and condition may apply. First Time Homebuyer allows up to 97% LTV with mortgage insurance. The APR quoted above is assumes 20% down payment without mortgage insurance. Mortgage Insurance will be required for loans that have less than 20% down payment which will increase the APR and result in a higher loan payment.

²The Annual Percentage Rates (APR) shown are for a $250,000.00 loan amount, points disclosed, credit score of 780 or higher, 25% down payment, a rate lock period of 45 days, and assumes a purchase of an owner-occupied one unit dwelling with no secondary financing. Private Mortgage Insurance (PMI) will be required for loans with LTVs in excess of 80%. Other customary closing costs apply. Your rate and terms may increase due to factors such as credit score, LTV, loan purpose, occupancy type, property type loan product, and secondary financing.

³The APR shown on a Construction Loan of a primary residence is based on a loan amount of $400,000.00, credit score 780 or higher and 25% down payment. Typically, Construction Loans have a 9 month interest only draw period followed by a 30 year fixed principal and interest payment.

HOME LOANS

FIXED RATES 1-4 Family Conventional

Loan Type
15 Year (3% - 20% Down)

Rate
6.875%

Points
0.00

APR
7.105%

Monthly Payment Per $1,000
$8.92

Loan Type
20 Year (3% - 20% Down)

Rates
7.125%

Points
0.00

APR
7.482%

Monthly Payment Per $1,000
$7.83

Loan Type
30 Year (3% - 20% Down)

Rate

7.25%

Points
0.00

APR
7.674%

Monthly Payment Per $1,000
$6.82

Rates and fees subject to change at any time. You may call 330.264.5767 or TOLL FREE 800.414.1103 to determine if these rates have changed or check our website at waynesavings.com. Payments do not include amounts for taxes and insurance premiums, including mortgage insurance premiums - The actual payment amount will be greater. Insurance must be carried on the real property securing the loan. All lending products are subject to credit review and approval.

Annual Percentage Rates (APR) shown are for a $150,000.00 loan amount, points disclosed, credit score of 660 or higher, less than 60% loan-to-value (LTV) includes applicable points, and prepaid finance charges of $1,315. Private Mortgage Insurance (PMI) will be required for loans with LTVs in excess of 80%. Other customary closing costs apply. Your rate and terms may increase due to factors such as credit score, LTV, cash-out refinance, property type (investment, more than one unit, condo, or second home), secondary financing, and if it is a Home Possible product.

Construction loans will have interest rate 0.250% higher than above and an additional $725.00 in prepaid finance charges. This will increase your APR. Ask us for details.

All rates subject to an automatic transfer of monthly payments. This transfer can be from a Wayne Savings account or an account at another institution. Add 0.125% to rates for payments not automatically transferred.

10-YEAR FIXED RATE REFINANCE MORTGAGE 1-4 Family Conventional

Description	Rate	APR	Monthly Payment Per $1,000
80% maximum LTV	7.125%	7.207%	$11.68

Rates and fees subject to change at any time. You may call 330.264.5767 or TOLL FREE 800.414.1103 to determine if these rates have changed or check our website at waynesavings.com. Payments do not include amounts for taxes and insurance premiums, including mortgage insurance premiums - The actual payment amount will be greater. Insurance must be carried on the real property securing the loan. All lending products are subject to credit review and approval.

Annual Percentage Rates (APR) shown are for a $150,000.00 loan amount, credit score over 680, 80% loan-to-value (LTV) and prepaid finance charges of $498.00. These fees are part of the $995.00 origination fee. Other customary closing costs apply. Your rate and terms may increase due to factors such as credit score, loan amount, cash-out refinance, lowering origination fees, and property type (investment, more than one unit, manufactured home, 40+ acres, or second home).

All rates subject to an automatic transfer of monthly payments. This transfer can be from a Wayne Savings account or an account at another institution. Add 0.125% to rates for payments not automatically transferred.

ADDITIONAL PRODUCTS

Adjustable Rate Mortgage, Lot, Jumbo, and Non-Conforming Loans available: Call for current rates at 800.414.1103.

Non-Owner Occupied Properties - Additional adjustments to rates and fees apply for non-owner occupied properties.

10-YEAR FIXED RATE REFINANCE MORTGAGE
1-4 Family Conventional

Description
80% maximum LTV

Rate
7.375%

APR⁴
7.457%

Monthly Payment Per $1,000
$11.81

Rates and fees subject to change at any time. You may call 330.264.5767 or TOLL FREE 800.414.1103 to determine if these rates have changed or check our website at waynesavings.com. Payments do not include amounts for taxes and insurance premiums, including mortgage insurance premiums - The actual payment amount will be greater. Insurance must be carried on the real property securing the loan. All lending products are subject to credit review and approval.

Annual Percentage Rates (APR) shown are for a $150,000.00 loan amount, credit score over 680, 80% loan-to-value (LTV) and prepaid finance charges of $498.00. These fees are part of the $995.00 origination fee. Other customary closing costs apply. Your rate and terms may increase due to factors such as credit score, loan amount, cash-out refinance, lowering origination fees, and property type (investment, more than one unit, manufactured home, 40+ acres, or second home).

All rates subject to an automatic transfer of monthly payments. This transfer can be from a Wayne Savings account or an account at another institution. Add 0.125% to rates for payments not automatically transferred.

ADDITIONAL PRODUCTS

Adjustable Rate Mortgage, Lot, Jumbo, and Non-Conforming Loans available: Call for current rates at 800.414.1103.

Non-Owner Occupied Properties - Additional adjustments to rates and fees apply for non-owner occupied properties.