Compare Rates Across All Loan Types
You don’t have to pay points on your mortgage at Trustco Bank. Every rate on this page is listed with zero borrower-paid points. No Borrower Paid Private Mortgage Insurance is required on qualifying loans — lender paid on loans 89.5% Loan-to-Value and over. No Tax Escrow Required.
All rates include an autocharge discount of 0.125% for payments made automatically from a Trustco Bank deposit account. Rates are available to qualified borrowers with an excellent credit profile, including a FICO score of 740. Your actual rate may be higher than those shown based on information relating to these factors as determined after you apply. Rates and products are subject to change at any time without notice. Subject to credit approval.
For questions, call 800-670-3110 or visit any of our branches in New York, New Jersey, Florida, Massachusetts, and Vermont.
Frequently Asked Questions About Trustco Bank Mortgage
Advertised rates are available to qualified borrowers with an excellent credit profile, including a minimum FICO score of 740. Your actual rate may be higher than those shown based on information relating to your credit and application details as determined after you apply. Contact a Trustco Bank loan originator at 800-670-3110 to discuss your specific situation.
No. Trustco Bank does not require borrower-paid Private Mortgage Insurance on qualifying loans. On loans at or above 89.5% Loan-to-Value, PMI is lender-paid rather than charged to the borrower.
If you terminate your Home Equity Credit Line within 3 years of your closing date, or do not advance at least $15,000 at closing, you will be required to reimburse Trustco Bank for any third-party fees paid on your behalf. These third-party fees may include state mortgage tax, recording fees, credit report fees, flood determination fees, and appraisal fees, totaling between $75 and $6,000. If less than $15,000 is drawn, local recording taxes and fees may also apply. This applies to both the standard HELOC and the Fixed Rate Home Equity Credit Line.
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Start your mortgage application online, call 800-670-3110, or visit any of our branches in New York, New Jersey, Florida, Massachusetts, and Vermont.
Disclaimer:
All rates include autocharge discount of 0.125%. An excellent credit profile including a FICO score of 740. Your actual rate may be higher than those shown based on information relating to these factors as determined after you apply. Rates and products are subject to change at any time without notice. Subject to credit approval. *Payments do not include amounts for taxes and insurance premiums. Actual payment will be greater. Rate applies to new purchases and refinances only.
(1) Rate listed applies to owner-occupied primary residence new purchase loans of $15,000 - $1,000,000 with a 25% down payment and 360 monthly autocharged payments from a Trustco deposit account. Jumbo rate listed applies to owner-occupied primary residence new purchase loans of $1,000,001-$2,000,000 with a 25% down payment and 360 monthly autocharged payments from a Trustco deposit account. Condominium financing up to 25% down payment and 360 monthly autocharged payments from a Trustco deposit account.
(2) 95% Loan to Value: Rate listed applies to owner-occupied primary resident loans of $15,000 - $832,750 with a 5% down payment for a term of 30 years and 360 monthly autocharged payments from a Trustco deposit account. 97% Loan to Value: Rate listed applies to owner-occupied primary resident loans of $15,000 - $832,750 with a 3% down payment for a term of 30 years and 360 monthly autocharged payments from a Trustco deposit account.
(3) 75% Loan to Value: Rate listed applies to the purchase of owner-occupied primary residence loans of $15,000-$1,000,000, up to 75% Loan to Value for a term of 15 years and payments autocharged from a Trustco Bank deposit account- 180 monthly payments.
(4) Rate listed applies to non-owner-occupied, 1-4 unit residence loans for purchase and refinance up to $15,000 - $500,000, up to 75% Loan-to-Value for a term of 25 years and 300 monthly payments auto charged from a Trustco Bank deposit account. An excellent credit profile including a FICO score of 740. Your actual rate may be higher than those shown based on information relating to these factors as determined after you apply. Payments do not include amounts for taxes and insurance premiums. Actual payment will be greater.
(4*) Rate listed applies to non-owner-occupied, for No Cash Out Refinances only. 1-4 unit residence loans up to $15,000 - $500,000, up to 75% Loan-to-Value for a term of 25 years and 300 monthly payments auto charged from a Trustco Bank deposit account. An excellent credit profile including a FICO score of 740. Your actual rate may be higher than those shown based on information relating to these factors as determined after you apply. Payments do not include amounts for taxes and insurance premiums. Actual payment will be greater.
(5) Rate listed applies to owner-occupied primary residence loans of $15,000 - $1,000,000, up to 75% Loan to Value. The term of the loan is 30 years and payments auto charged from a Trustco Bank deposit account. After initial five year period, Trustco may adjust its mortgage rate every year thereafter based on variable 1-Year Constant Maturity Treasury reported weekly + 3.000% margin over the life of the loan rounded to the nearest .125%, with a maximum increase of 2.00% per period. Lifetime rate cap of 6.00% above initial rate.
(6) Rate listed applies to Second Homes, Vacation Homes, Weekend Homes, 1 Unit Properties only, new purchase loans of $15,000 - $1,000,000 with a 25% down payment and 360 monthly autocharged payments from a Trustco deposit account. Other rates and terms available.
(7) Rate listed applies to owner-occupied primary residence 1st Lien Home Equity loan of $5,000 - $300,000 with 89.5% LTV, Trustco Bank holds the first lien, and payments autocharged from a Trustco deposit account. Repayment terms of 10-20 years. 240 monthly autocharged payments from a Trustco Bank deposit account. Other rates and terms available.
(8) Rate listed applies to owner-occupied primary residence 2nd Lien Home Equity loan of $5,000 - $300,000 with 2nd Lien Behind Trustco 1st Lien: 89.5% 2nd Lien Behind Other Lender’s 1st Lien: 80.0%, Trustco Bank holds the first lien, and payments autocharged from a Trustco deposit account. Repayment terms of 5-20 years. 240 monthly autocharged payments from a Trustco Bank deposit account. Other rates and terms available.
(9) Home Equity Credit Line: Annual Percentage Rate (APR). Rate listed applies to owner-occupied primary residence 1st and 2nd Lien Home Equity Credit Line of $15,000 - $300,000. 1st liens only for $300,001 - $500,000. Includes autocharge discount of 0.125%. The APR is fixed for the first 12 months. After the first 12 months, the APR is a variable rate for the remaining life of the loan based on the Prime Rate. APRs are variable and subject to change weekly based on the Wall Street Journal Prime Rate, which is currently 6.75% effective 12/11/2026. The maximum rate is 16.00% APR. The term is based on a 10 year draw period and a 20 year repayment period. Property insurance required and flood insurance may be required. If you terminate your loan within 3 years of your closing date or do not advance $15,000 at closing, you will be required to reimburse Trustco Bank for any third party fees that may have been paid on your behalf. If less than $15,000 is drawn, local recording taxes and fees may apply. Third party fees could include fees for state mortgage tax, recording the mortgage, credit report fees, flood determination fees and appraisal fees totaling $75 - $6,000. For lines $300,001 - $500,000, borrower will pay mortgage and recording fees at closings. Mortgage tax and filing fees may vary by mortgage document, county and state. Consult a tax advisor regarding tax deductibility of interest. All rates subject to change. We reserve the right to alter or withdraw this product or certain features thereof without prior notification. NMLS# 474376
(10) Fixed Rate Home Equity Credit Line: Rate listed applies to owner-occupied primary residence 1st and 2nd Lien Home Equity Credit Line of $15,000 - $300,000. 1st liens only for $300,001 - $500,000. Up to 80% Loan-to-Value (LTV) with a term based on a 10 year draw period and a 20 year repayment period and autocharge discount of 0.125%. The APR is reduced for the first 12 months. After the first 12 months, the APR is fixed for the remainder of the life of the loan, this rate is not variable and will not increase. During the 10 year draw period, payments are interest only. After this period, payments will convert to principal and interest calculated at the remaining 20 year term. Property insurance required and flood insurance may be required. If you terminate your loan within 3 years of your closing date or do not advance $15,000 at closing, you will be required to reimburse Trustco Bank for any third party fees that may have been paid on your behalf. If less than $15,000 is drawn, local recording taxes and fees may apply. Third party fees could include fees for state mortgage tax, recording the mortgage, credit report fees, flood determination fees and appraisal fees totaling $75 - $6,000. For lines $300,001 - $500,000, borrower will pay mortgage and recording fees at closings. Mortgage tax and filing fees may vary by mortgage document, county and state. Consult a tax advisor regarding tax deductibility of interest. All rates subject to change. Home Equity Credit Lines are also available as a second lien, different terms and conditions apply.
