Real Estate Loans

page-heading-1

Home→Rates→Real Estate Loans

1ST MORTGAGE LOANS

Loan Rates as of March 30, 2020
ProgramTermRateAPR 2PointsPayment Example
Fixed Rate10 Year3.125%3.201%0$1,956.45
Fixed Rate15 year3.125%3.228%0$1,271.53
Fixed Rate20 year 13.250%3.440%0$1,140.92
Fixed Rate30 year 13.375%3.512%0$887.29
FHA15 year 13.875%4.267%0$1,333.01
FHA30 year 14.125%4.768%0$1,113.23
VA15 year 13.750%4.237%0$1,462.42
VA30 year 14.000%4.525%0$957.61
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
ARM5/13.125%3.986%0$859.98
ARM7/1 13.375%3.976%0$887.29

Contact the Real Estate Department at 800.252.6950 for additional information.

Request Rate Quote

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.


2

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

1

Additional terms available.

3

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.

4

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.

5

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.

6

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 March 30, 2020
Line of Credit LimitAPR 1
Up to 80% LTV | $10,000-$24,999.99PrimeCurrently at 4.25%
Up to 80% LTV | $25,000-$99,999.99Prime minus .51%Currently at 4.00%
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 5.25%
Up to 90% LTV | $25,001 - $50,000Prime plus 1.50%Currently at 5.75%
Up to 70% LTV | Non-Owner Occupied | $10,000 - $100,000Prime plus 3.00%Currently at 7.25%

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.


1

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.

Close