Loan Products and Rates

Please contact our Loan Officer, Lisa Harrell at 856-825-0809.

Mortgage Loans

We offer a variety of Conventional financing options with a fixed rate and repayments up to 30 years. Stick-built and Modular Construction to Permanent mortgages available.

  • All rates subject to change without notice
  • $325.00 application fee
  • Mortgage loan rates available on owner-occupied primary or secondary residences – 1st lien
  • Property insurance and title insurance are required, and if applicable flood insurance will be required.
  • Loan to value ratios greater than 80% require PMI approval
  • Loan to value not to exceed 90%
TermPointsRate %APRPayment per Thousand
30 Year 0 4.50%  4.50% $5.07
15 Year 0 3.50%  3.50% $7.05
20 Year 0 4.50%  4.50% $6.33


Home Equity Loans

We offer fixed rates up to 10 years. A smart way to use the equity in your home is for debt consolidation, auto purchase, college, home improvements and more. Check with your tax advisor for information on deducting the interest. Millville Savings will lend up to 80% of the Loan to Value in a 1st position or 2nd lien position (if Millville Savings is 1st lien holder).

  • Rates are subject to change without notice
  • Home Equity Fixed Rate Fixed Term Loans
  • No Fees unless an appraisal is needed to determine 80% Loan to Value
  • 1st position or 2nd lien position (if Millville Savings is 1st lien holder) on owner occupied primary residence, Property Insurance is required. Flood Insurance if applicable is required.
TermRatePayment per ThousandAuto Deduct
5 Year 4.00% $18.42 3.50%
10 Year 5.00% $10.61 4.50%


Home Equity Credit Lines

Find the cash you need fast in your home with a Millville Savings line of credit. Variable interest rate tied to Wall Street Journal's Prime Rate with a 15 year repayment schedule

  • Rates Subject to change without notice
  • Rates are variable based on Wall Street Journal Prime.
  • Repayment terms are based on an 180 month term
  • Owner occupied 1st position or 2nd lien position (if Millville Savings is 1st lien holder), 80% Loan to Value
  • Ceiling Rate is 6% over interest rate at the time of signing.
  • Minimum monthly payment $150.00
RateCeiling RatePayment per Thousand
4.00% 10.00% $7.40


Investment Property Loans

Let your investment work for you. Do you need extra cash to make improvements or reinvest? We have loans with repayment terms of up to 10 years.

  • Rates subject to change without notice
  • 10 Year Fixed Rate
  • Non Owner Occupied, 20% down and $560.00 Application Fee.
  • Property Insurance is required.
  • Flood insurance if needed is required.
  • Loans with Loan to Value of 80%.
RatePointsPayment per Thousand
5.00% 0 $10.61


Account Loans

Borrow against your savings for fast cash loans. . Easy repayment schedules when you use your own savings or certificate of deposit as collateral.

  • Rates subject to change without notice
  • The account is held as collateral until loan is paid in full. Loan to Value 90%
  • Interest rate is 5.00%

For questions about loan rates or products, please contact our Loan Officer, Marie Pace at 856-825-0809.  You can also send us an email using the form in the About Us link above.