Bank of North Dakota Loan Rates
Rates subject to change daily. All rates set at the time of loan funding.
Direct Farm Real Estate Loan Rates
| Effective for the week of 02/09/2010 through 02/16/2010 |
| Rate Index |
Terms |
Level I |
Level II |
Level III |
| Quarterly Adj.* |
25 Years |
2.68% |
3.18% |
4.18% |
| Annual |
25 Years |
2.94% |
3.44% |
4.44% |
| 3 Year Adj. |
25 Years |
4.18% |
4.68% |
5.68% |
| 5 Year Adj. |
25 Years |
5.27% |
5.77% |
6.77% |
| 10 Year Adj.** |
25 Years |
6.50% |
7.00% |
8.00% |
| 25 Year Fixed** |
25 Years |
6.75% |
7.25% |
8.25% |
*Quarterly adjustable rate loans funded prior to 4-30-08 are indexed to the FHLB 3 month LIBOR rate quoted under the Daily Adjustable Loan Rate Indexes below.
**Rate floors have been established on the 10 Year Adj. and the 25 Year Fixed rate for Levels I, II, and III.
- Bank of North Dakota charges no prepayment penalties for early payment.
- The maximum rate charged during the term of the loan will not increase by more than 6% from the initial interest rate on the quarterly, annual, 3 year and 5 year adjusted rates.
- NOTE: THE MAXIMUM LOAN NOT TO EXCEED $1,000,000
Guaranteed Loan Purchase Program Rates
Effective for the week of 02/09/2010 through 02/16/2010 |
| Rate Index |
BND Net Rate |
+ |
Lead Lender |
= Borrower Rate |
Quarterly Adj. |
1.43% |
+ |
Service Fee |
= Borrower Rate |
| 1 Year Adj. |
1.69% |
+ |
Service Fee |
= Borrower Rate |
| 2 Year Adj. |
2.35% |
+ |
Service Fee |
= Borrower Rate |
| 3 Year Adj. |
2.93% |
+ |
Service Fee |
= Borrower Rate |
| 5 Year Adj. |
4.02% |
+ |
Service Fee |
= Borrower Rate |
| 7 Year Adj. |
4.74% |
+ |
Service Fee |
= Borrower Rate |
Commercial/Farm Participation
Daily Adjustable Loan Rate Indexes
Rate Index Effective 02/08/2010 |
Index |
| Wallstreet 1 Month LIBOR |
0.22906% |
| Wallstreet 3 Month LIBOR |
0.24906% |
Rate Index Effective 02/09/2010
|
Index |
| FHLB 1 Month LIBOR |
0.228% |
| FHLB 3 Month LIBOR |
0.250% |
| FHLB 1 Yr Adv Rate |
0.71% |
| FHLB 2 Yr Adv Rate |
1.36% |
| FHLB 3 Yr Adv Rate |
1.94% |
| FHLB 5 Yr Adv Rate |
3.03% |
| FHLB 7 Yr Adv Rate |
3.79% |
| FHLB 10 Yr Adv Rate |
4.43% |
Commercial/Farm Participation
Weekly Adjustable Loan Rate Indexes
RATES FOR 02/09/10 THROUGH 02/16/10 ARE NOT YET AVAILABLE
Effective for the week of 02/02/2010 through 02/08/2010 |
| Rate Index |
Index |
| 90 Day Treasury Constant Maturities |
0.07% |
| 1 Year Treasury Constant Maturities |
0.31% |
| 3 Year Treasury Constant Maturities |
1.42% |
| 5 Year Treasury Constant Maturities |
2.39% |
| 10 Year Treasury Constant Maturities |
3.66% |
For more information please contact us at:
Bank of North Dakota
1200 Memorial Hwy
PO Box 5509
Bismarck, ND 58506-5509
(701) 328-5817
1-800-472-2166 ext. 5817
TDD (Telephone Device for the Deaf) 1-800-643-3916
