Bank of MillbrookHome Buyer’s Second Mortgage ProgramRegistry illustration · issuer artwork unavailable
Home Buyer’s Second Mortgage ProgramBank of Millbrook · SM bank, NY · FDIC 618
CurrentLast observed Oct 3, 2026Source date Oct 3, 2026Official issuerMortgage · Consumer
Loan amount
Not parsed
Loan term
Not parsed
Collateral
Not parsed
Prepayment penalty
Not parsed
Rates and fees
| Term | Value | As printed in the source | Source |
|---|---|---|---|
| Loan amount | Not parsed | no source read | |
| Loan term | Not parsed | no source read | |
| Collateral | Not parsed | no source read | |
| Prepayment penalty | Not parsed | no source read | |
| Maximum loan to value | Not parsed | no source read | |
| Draw period | Not parsed | no source read | |
| Repayment period | Not parsed | no source read | |
| Rate floor | Not parsed | no source read | |
| Rate cap | Not parsed | no source read | |
| APR | — | no source read | |
| Fees | — | no source read | |
| Access to fundsClose simultaneously with Bank of Millbrook 1st mortgage during a purchase transaction. 5/5 Year Adjustable Rate at Prime plus 0.75% as quoted in the Wall Street Journal for a term of 120 months. Current rate offering is 7.75%. APR is 7.75%. Rate can increase or decrease after the first five years. Total LTV up to 100% of appraised value or purchase price, whichever is lower. Information current as of September 17, 2026 All rates subject to change without prior notice. All Loans Subject to Credit Approval. | WithheldBank of Millbrook · Page Capture Oct 3, 2026 · Captured Oct 3, 2026 | “Close simultaneously with Bank of Millbrook 1st mortgage during a purchase transaction.”Bank of Millbrook · Page Capture Oct 3, 2026 · Captured Oct 3, 2026 | Website |