Home Loan Policy

All loans are 5/5 Adjustable Rate Mortgages.

Any signer on a real estate loan must be eligible for membership in this credit union.

 

Type
Maximum Loaned
Maximum Term
Annual % Rate
First Mortgage
Owner Occupied
$424,100
15 Year
3.00%
80% of Appraised Value $424,100 30 Year 3.36%
First Mortgage
Non-Owner Occupied
$424,100
15 Year
3.86%
70% of Appraised Value
$424,100
30 Year 4.36%
Home Equity
Owner Occupied
$100,000 10 Year 4.36%
80% of Appraised Value $100,000 20 Year 4.86%
Solar Home Equity
Owner Occupied
$50,000 10 Year 4.11%
85% of Appraised Value $50,000 20 Year 4.61%
Home Equity
Non-Owner Occupied
$100,000  10 Year 6.36%
70% of Appraised Value $100,000 20 Year 7.36%
Unimproved Property  $50,000 10 Year 7.36%
60% of Appraised Value $50,000  20 Year 8.36%

 

INFORMATION SUBJECT TO CHANGE.