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apr Annual Percentage Rate (APR) Annual Percentage Rate is a measure of the cost of credit, expressed as a yearly rate. This rate reflects the annual cost of the loan over the repayment period. For mortgage loans, the Annual Percentage Rate includes specific costs of financing, both those paid at the time of closing and those paid over the term of the loan. The Annual Percentage Rate allows you to compare different loans offered by competing lenders using a consistent measure. For a listing of
our current rates go to our Rates
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