Report a lost or stolen Debit/ATM Card please call 1 (844) 890-6189. | Routing #221971086 | NMLS #684320
Thursday, August 24 2017
Meet our Mortgage Specialists
Michael Kinsch Senior Residential Loan Originator
Each time I meet with someone who is looking to get a mortgage to buy or build a home or refinance their existing mortgage or make improvements, I am confident that Rondout Savings Bank offers the right financing solution that I can deliver in a friendly , knowledgeable and timely manner. My 20 years of experience in the Banking industry provides the skills necessary to tailor the right solution for the client, regardless of the need. I am a Kingston High School graduate and a 1998 Marist College graduate with a Bachelor’s degree in Finance. My dedication to residential lending has been recognized by Hudson Valley Magazine as the 2014-2016 “5 Star Professional Award Winner” and the 2015 Who’s Who recipient.
I currently live in Highland, NY and look forward to the opportunity to help you achieve your homeownership goals.
Liz Moeller Senior Residential Loan Originator
My goal is to make a complex process easy, and to provide my customers with information that is presented clearly, so they can make informed decisions about their mortgage loan. I am a long-time resident of the Hudson Valley, and currently live with my family in Saugerties, NY. I began my banking career over 25 years ago as a Mortgage Loan Underwriter, working at both community and regional banks before joining Rondout Savings Bank as a Senior Residential Loan Originator. My decision to join Rondout Savings came from a belief that a community bank is best able to serve the needs of my customers. We work with local attorneys to ensure that the mortgage experience is both friendly and professional. Our underwriting and loan approvals are done locally, allowing closings to happen quickly.
I am proud to be part of the team at Rondout Savings bank, and to help support Rondout’s “Dividends to the Community” program, which donates 10% of the bank’s profits each year to the communities we serve.
Stephen Orefice Residential Loan Originator
Stephen Orefice joined Rondout Savings Bank in June of 2017. He brings six years of sales and marketing experience to the Rondout team. He prides himself on relationship building and delivering superior client service. He works tirelessly with his clients and brings together any number of resources to help them achieve their home ownership dream. He is passionate about networking with peers and colleagues and being deeply involved in his community.
Stephen stays active in many networking, civic and not-for-profit organizations; some organizations he is affiliated with are: Business Networking International (BNI), Lagrange-Sunrise Rotary, United Way, Dutchess County Association of Realtors, Mid-Hudson Mortgage Bankers Associations, Angel of Light and coaching youth baseball.
Stephen attended Roy C Ketcham High School, and is a graduate of LIU Post. He currently resides in Wappingers Falls, New York.
Online Mortgage Center
Fixed Rate Mortgages
We also offer competitive fixed rate mortgages. If you are planning to stay in your home for several years and would like the stability of an interest rate that won’t rise, then a Rondout Savings Bank fixed rate is perfect.
ARM Adjustable Mortgage Loans
If you are planning to stay in your home a short time or expect your income to rise in a few years, then a lower adjustable rate mortgage may be good for you. For more information or current rates please contact any of our loan professionals today.
Rondout Savings Bank offers construction loans which fund the construction of your new home in disbursements as work progresses.
Once your home is completed, your construction loan converts to permanent financing.
- One time closing with only one set of closing costs
- Fixed rate and adjustable rates available
- Conforming and jumbo loan amounts available
- Interest only payments during construction
- Primary residence & second homes
Rondout Savings Bank offers competitive rates for loan amounts exceeding $417,000.00. If your loan needs exceed this limit, please call one of our loan specialists for current rates.
All loans are subject to credit approval.
1st Time Home Buyers
We offer a “First Home Club Program” which is offered in conjunction with the Federal Home Loan Bank of New York (FHLB).
How it works
- Open a dedicated First Home Club savings account at Rondout Savings Bank.
- Rondout Savings Bank will pay 2% above the bank’s current savings rate on your First Home Club savings account (up to a maximum of $5,000.00) for every one dollar saved in your dedicated account.
How you qualify
- You must be a first time home buyer (no previous homeownership within the past 3 years)
- Income restrictions apply and are provided by RUPCO
- You must complete the Homeownership Counseling program offered by RUPCO
- You must open and maintain a Rondout Savings Bank First Home Club savings account for a minimum of 10 months to a maximum of 30 months and agree to regular systematic monthly deposits.
All loans are subject to credit approval.
Home Equity Loan/Line of Credit
Using the equity in your home to pay for major expenses is an easy and smart financial strategy that can save you money with low rates. The interest you pay may even be tax-deductible. Consult your personal tax advisor to learn more.
Regardless of the need, Rondout Savings Bank will help you determine which home equity solution fits your individual needs. We offer both a fixed rate loan or flexible line of credit, each offering competitive interest rates and flexible repayment terms. At Rondout Savings, all credit decisions are made locally in a timely, professional and accurate manner.
Home Equity Fixed Rate
This loan allows you to borrow against the equity you have built in your home, offering a competitively priced fixed interest rate, fixed term and payments. These features provide you the peace of mind in budgeting and protects you against interest rate fluctuations.
|FIXED RATE||INTEREST RATE||ANNUAL PERCENTAGE RATE (APR)||MONTHLY PAYMENT PER $1000|
Home Equity Line of Credit
Opening a Rondout Savings Bank home equity line of credit allows you to borrow against the equity in your home – enabling you to pay for major items, such as education, home improvements, or medical bills. A Home Equity Line of Credit (HELOC) gives you ongoing access to your loan money. As you repay the borrowed amount, you can use it again during the initial draw period.
This is a variable rate that may change and is based on the Prime Rate published in the “Money Rates” section of the Wall Street Journal. All lines may be subject to a floor of 4%. The maximum rate that may apply is 14.90% APR. The rate may be adjusted monthly. The APR contains interest and no other closing costs. Hazard Insurance is required. For loan amounts under $125,000: if you pay off the loan within three years you may be required to reimburse the bank for a portion of the fees paid in conjunction with the loan closing. All rates are subject to change without notice. All loans are subject to credit approval.