Unlock the door to your dream home: how to make it affordable
At Kearny Bank, our mortgage advisors provide competitive rates on both fixed and adjustable- rate mortgages (ARMs) while streamlining your application process. They are here to provide the guidance and advice to make your home purchase go as smoothly as possible.
To see what your new mortgage monthly rate could be, try our helpful mortgage calculator.
The employees of Kearny Bank always went above and beyond to aid us in the mortgage process for our first home! Our mortgage representative truly cared about us as people and worked so diligently and thoroughly to get us where we are today. We have our home today because of the staff at Kearny Bank.
– Cristina B.
First Time Home Buyer Loan Program
If it's your first time buying real estate and you're eyeing 1-2 units as your primary residence, you may qualify for added cost-savings, provided that the property is located in specific counties/municipalities. Our First Time Home Buyer Loan Program offers savings and other significant benefits.
- Discounted Rate
- Down Payment options as low as 5%
- Minimum Credit Score Eligibility of 660
- Lender Paid Mortgage Insurance
*Must be primary residence located in specific counties/municipalities. Other requirements may apply.
Fixed Rate Mortgages
Explore our most popular mortgage option: a fixed-rate mortgage from Kearny Bank. Enjoy peace of mind with a steady interest rate (and payment) for the entirety of your loan. The total interest paid on your fixed-rate mortgage depends on the loan's duration.
Fixed Rate Mortgage
Please call 800-273-3406 for rates on properties outside NJ.
| Account | Interest Rate | APR |
Points Paid |
Months | Monthly Payment per $1,000 | Additional Information |
|---|---|---|---|---|---|---|
| 15 Year Fixed Rate | 6.000% | 6.189% | 0 | 180 | $8.44 | APR based on a $300,000 loan amount. Purchase/Owner-Occupied, 75% LTV, minimum credit score 740. Payments do not include amounts for taxes and insurance, if applicable. Actual payment obligation will be greater. |
| 20 Year Fixed Rate | 6.500% | 6.659% | 0 | 240 | $7.46 | APR based on a $300,000 loan amount. Purchase/Owner-Occupied, 75% LTV, minimum credit score 740. Payments do not include amounts for taxes and insurance, if applicable. Actual payment obligation will be greater. |
| 30 Year Fixed Rate | 6.750% | 6.874% | 0 | 360 | $6.49 | APR based on a $300,000 loan amount. Purchase/Owner-Occupied, 75% LTV, minimum credit score 740. Payments do not include amounts for taxes and insurance, if applicable. Actual payment obligation will be greater. |
Note: Quoted rates for owner-occupied single family primary residences and include a 60 day rate lock. Maximum loan amount for a conforming loan is $766,550. All interest rates are for NJ properties only and are subject to change without notice. Payments do not include amounts for taxes and insurance, if applicable. Actual payment obligation will be greater. Subject to credit approval. Other terms and conditions may apply. Annual Percentage Rate (APR) listed are as of 05/14/2025. See Truth in Lending Disclosure below for additional information.
Adjustable Rate Mortgages (ARMs)
Kearny Bank offers adjustable rate mortgages with 5-, 7-, and 10-year adjustable rate periods that often offer lower rates than standard fixed-rate loans. Choosing an ARM allows you to enjoy a lower mortgage payment and interest rate. However, remember that it comes with the risk of increased rates in the future, which can lead to higher mortgage payments down the road. Plan carefully and consider all your options before making a decision.
Adjustable Rate Mortgage
Please call 800-273-3406 for rates on properties outside NJ.
| Account | Interest Rate | APR | Points Paid | Months | Monthly Payment per $1,000 | Additional Information |
|---|---|---|---|---|---|---|
| 5/6/30 Adjustable Rate | 6.875% | 7.150% | 0 | 360 | $6.57 (first 60 monthly payments) | 2.75% Margin – 2/1/5 Caps, 1-4 Family Owner-Occupied, 95% Max LTV, PMI Required with less than 20% down. 60 payments of $1,970.79, 299 @ $2,015.76, 1 final payment of $2,016.09. Example based on $300,000 loan amount at an interest rate of 6.875% for the initial 60-month period, and a rate of 7.125% after the initial period. Payments do not include amounts for taxes and insurance, if applicable. Actual payment obligation will be greater. |
| 7/6/30 Adjustable Rate | 6.875% | 7.120% | 0 | 360 | $6.57 (first 84 monthly payments | 2.75% Margin – 5/1/5 Caps, 1-4 Family Owner-Occupied, 95% Max LTV, PMI Required with less than 20% down. 84 payments of $1,970.79, 275 @ $2,013.31, 1 final payment of $2,013.69. Example based on $300,000 loan amount at an interest rate of 6.875% for the initial 84-month period, and a rate of 7.125% after the initial period. Payments do not include amounts for taxes and insurance, if applicable. Actual payment obligation will be greater. |
Note: The Annual Percentage Rate (APR) is variable and may increase after consummation. Maximum loan amount for a conforming loan is $766,550. All interest rates are for NJ properties only and are subject to change without notice. Payments do not include amounts for taxes and insurance, if applicable. Actual payment obligation will be greater. Subject to credit approval. Annual Percentage Rate (APR) listed are as of 05/14/2025. See Truth in Lending Disclosure below for additional information.
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Truth In Lending Disclosure
- Rates are subject to change at any time without notice. Points are costs paid in lowering a loan's rate of interest and/or to pay any loan origination costs. 1 point is equal to 1% of the loan amount.
- A Fixed Rate Mortgage is a mortgage that may have a fixed principal and interest payment up to a maximum of 30 years or 360 payments. Monthly principal and interest payments do not include Real Estate Taxes, Homeowners/Flood Insurance or Private Mortgage Insurance (PMI) for down payments that are less than 20% of the purchase price.
- APR represents the "Annual Percentage Rate".
- An Adjustable Rate Mortgage (ARM) is a mortgage that starts at a rate of interest that is usually lower than a Fixed Rate Mortgage. This loan will re-price after an introductory period to a rate that takes into account a preselected index. The most commonly used index is the weekly average yield on United States Treasury Securities adjusted to a constant maturity of one (1) year, as reported by The Federal Reserve Board. To this index, the borrower's pre-determined margin is added, then rounded to the nearest 1/8th of a percent, to arrive at the new mortgage loan interest rate for the next rate period based upon the terms of your promissory note. This is the most common type of adjustable rate mortgage offered. Monthly principal and interest payments do not include amounts for taxes and insurance, if applicable. Actual payment obligation will be greater.
- Payment shown is cost per $1,000 borrowed.