Current Best Mortgage Rates in St Simons Island, GA

If you, among many others, have been impressed by sinking mortgage rates and are planning on buying your first home, the present may truly be the most opportune time. However, just because average Saint Simons Island mortgage rates are at historic lows doesn’t mean every financial institution will be offering an affordable financing option. In order to lower the cost of your home purchase as much as possible, you will need to research the rates available locally and find the very best.

Whether you’re interested in a traditional fixed rate mortgage or are planning on obtaining an ARM, there’s a lender in Saint Simons Island, GA with a great rate for you. Below is a list of the best mortgage rates in Saint Simons Island across a variety of loan types.

Saint Simons Island Banks and Credit Unions with Lowest Mortgage Rates

Top Saint Simons Island 15-Year Fixed Mortgage Rates

• Wells Fargo Bank, National Association: 3.13%
• • Orig. Fees: 1%
  • Points: 0


• Bank of America, National Association: 3.25%
• • No Orig. Fees
  • Points: 1.25


• United Community Bank: 3.25%
• • Orig. Fees: 1%
  • Points: 0

Best 30-Year Fixed Mortgage Rates in Saint Simons Island

• Wells Fargo Bank, National Association: 4.13%
• • Orig. Fees: 1%
  • Points: 0.88


• SunTrust Bank: 4.25%
• • No Orig. Fees
  • Points: 0


• Bank of America, National Association: 4.25%
• • No Orig. Fees
  • Points: 1

Lowest Saint Simons Island 3/1 ARM Mortgage Rates

• Wells Fargo Bank, National Association: 2.13%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• United Community Bank: 3%
• • Orig. Fees: 1%
  • Points: 0
  • Caps: 2% per Adjustment Period


• SunTrust Bank: 3.63%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Best Mortgage Rates for a 5/1 ARM in Saint Simons Island

• Wells Fargo Bank, National Association: 2.25%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• SunTrust Bank: 2.63%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Bank of America, National Association: 2.63%
• • No Orig. Fees
  • Points: 1.13
  • Caps: 2% per Adjustment Period

Ensure you verify these rates with the lender before you apply. Interest rates are accurate as of November 1, 2011, but are subject to change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Saint Simons Island mortgage rate.