|30 Year Fixed Conventional**||4.125%||4.25%|
|15 Year Fixed Conventional**||3.625%||3.75%|
|FHA – 30 Year Fixed||3.875%||4.81%|
|VA – 30 Year Fixed||3.875%||3.98%|
|USDA Rural Development||3.875%||4.65%|
|Vanishing Mortgage **|
|Second Mortgage||As low as 3.49%|
|Home Equity Line of Credit||4.50%|
*Rates are subject to change at any time. Loans are available to qualified borrowers on approved credit. Rates listed are the lowest rate; your credit rating will determine the final rate.
** For the Vanishing Mortgage and Conventional Mortgages, the rates shown above are for a purchase or refinance of an existing single family residence to be used as a primary residence with a loan amount of $150,000 located in Stearns County and loan-to-value of 80%. The rate is based on a 45 day rate lock with a 740 credit score and escrow amount is required. Your loan’s interest rate will depend on various factors including: loan product, loan size, credit profile, property value, geographic location, occupancy, and other factors.
Vanishing Mortgage only: 12 Year Maximum Term. First mortgage loans on primary or secondary homes only, no escrows for taxes or home insurance. Can be used for refinances or purchase loans, no balloon loans.
Your home mortgage loan can seem stressful, and we get it. Our Mortgage Department is like every team at our credit union, here to do what is best for you through an individual approach. We will partner with you to identify a lending approach that works with your lifestyle and help you actually enjoy the process.
As a current or future real estate owner, you know that home mortgage loans are both a necessity and a large and often overwhelming part of your financial portfolio. With long-term impact, making the right choices can make or break your personal situation. Our goal is to help set you up for success.
When it comes to choosing home mortgage loans, there are three things you need to keep the process and your loan as stress free as possible:
When you choose our mortgage program, you can count on a secure, safe environment that can provide the stability and confidence you need to benefit your finances and your property. With home mortgage loans designed to accommodate you while suiting your unique financial situation, your credit union mortgage can be an asset to you and your family. Personalized assistance and answers to all of your questions can create the right environment for you, for any real estate situation you may be facing.
Explore the benefits of our home mortgage loan with options that are customized for you, your property, and your life!
Do you have less than 15 years left to pay your mortgage?
Check out our NEW Vanishing Mortgage*!
Our new Vanishing Mortgage was built to benefit members who may not have taken advantage of historically low rates because of the fees and hassle involved AND, are in the final stretch of a mortgage. Or, you may have refinanced but now the rates are even lower.
There is no risk or fee in having us run the numbers to see if you will save money!
*First mortgage loans only on either refinances or purchase loans. No balloon loans and no escrows for taxes or home insurance. For primary or second homes only.