Real Estate Loans

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1ST MORTGAGE LOANS

Loan Rates as of January 20, 2020
ProgramTermRateAPR 2PointsPayment Example
Fixed Rate10 Year3.00%3.357%0$1,931.22
Fixed Rate15 year3.125%3.372%0$1,393.22
Fixed Rate20 year 13.625%3.819%0$1,172.81
Fixed Rate30 year 13.750%3.890%0$926.23
FHA15 year 13.875%5.007%0$1,606.55
FHA30 year 14.000%5.096%0$1,112.07
VA15 year 13.875%4.367%0$1,498.42
VA30 year 14.000%4.278%0$975.36
Jumbo15 year 32.99%3.284%1$4,300.60
Jumbo15 year 43.250%3.402%0$4,376.01
Jumbo 30 year 53.375%3.604%1$2,812.58
Jumbo30 year 63.625%3.843%0$3,297.97
ARM5/12.750%4.402%0$816.48
ARM7/1 13.000%4.253%0$843.21

Contact the Real Estate Department at 800.252.6950 for additional information.

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NMLS# 384759. APR= Annual Percentage Rate. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval.


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The Annual Percentage Rate (APR) is based on 70% LTV, $200,000 loan amount, Single Family Residence, 45 day lock period.

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Additional terms available.

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Jumbo Loan APR calculation is based on a 15-year fixed-rate mortgage in the amount of $500,000 for the purchase of a single-family, primary residence with 80% loan-to-value (LTV) or 20% down payment, minimum borrower credit score of 740, and estimated points of 1% of the loan amount and origination fee.

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Jumbo Loan APR calculation is based on a 15-year fixed-rate mortgage in the amount of $500,000 for the purchase of a single-family,primary residence with 80% loan-to-value (LTV) or 20% down payment, minimum borrower credit score of 740, and estimated points of 0% of the loan amount and origination fee.

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Jumbo Loan APR calculation is based on a 30-year fixed-rate mortgage in the amount of $500,000 for the purchase of a single-family,primary residence with 80% loan-to-value (LTV) or 20% down payment, minimum borrower credit score of 740, and estimated points of 1% of the loan amount and origination fee.

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Jumbo Loan APR calculation is based on a 30-year fixed-rate mortgage in the amount of $500,000 for the purchase of a single-family,primary residence with 80% loan-to-value (LTV) or 20% down payment, minimum borrower credit score of 740, and estimated points of 0% of the loan amount and origination fee.

HOME EQUITY LINE OF CREDIT (HELOC)

Loan Rates as of January 20, 2020
Line of Credit LimitAPR 1
Up to 80% LTV | $10,000-$24,999.99PrimeCurrently at 4.75%
Up to 80% LTV | $25,000-$99,999.99Prime minus .51%Currently at 4.24%
Up to 80% LTV | $100,000 and abovePrime minus 1.01%Currently at 4.00%
Up to 90% LTV | $10,000-$25,000Prime plus 1.00%Currently at 5.75%
Up to 90% LTV | $25,001 - $50,000Prime plus 1.50%Currently at 6.25%
Up to 70% LTV | Non-Owner Occupied | $10,000 - $100,000Prime plus 3.00%Currently at 7.75%

APR= Annual Percentage Rate. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval.


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The Annual Percentage Rate may vary after the account is opened. HELOC has a floor rate of 4.00% APR and the maximum rate that may be imposed is 17.00% APR. Closing costs vary by state and range from $250 - $750, available for properties in IL, IN, and NV only. Credit Union 1 will pay the closing fees associated with the setup of the loan. If a HELOC is closed within 24 months from the open date, a fee reimbursement applies for costs associated to setup the loan.

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