Home Loan Policy

All loans are 0/5 Adjustable Rate Mortgages.

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

APR = Annual Percentage Rate
CLTV = Cumulative Loan To Value

INFORMATION SUBJECT TO CHANGE

First Mortgage Owner Occupied

Max. Loaned*	Max. Term	APR %	Max. CLTV%
$453,100	15 Year	3.51%	80%
$453,100	30 Year	4.01%	80%

* The Maximum Loan amount is $453,000 for “most counties.”

First Mortgage Non-Owner Occupied

Max. Loaned*	Max. Term	APR %	Max. CLTV%
$453,100	15 Year	4.51%	70%
$453,100	30 Year	5.01%	70%

* The Maximum Loan amount is $453,100 for “most counties.”

Home Equity Owner Occupied

Max. Loaned	Max. Term	APR %	Max. CLTV%
$100,000	10 Year	5.01%	80%
$100,000	20 Year	5.51%	80%

 

Solar Home Equity Owner Occupied

Max. Loaned	Max. Term	APR %	Max. CLTV%
$50,000	10 Year	4.76%	85%
$50,000	20 Year	5.26%	85%

 

Home Equity Non-Owner Occupied

Max. Loaned	Max. Term	APR %	Max. CLTV%
$100,000	10 Year	7.01%	70%
$50,000	20 Year	8.01%	70%

 

Unimproved Property

Max. Loaned	Max. Term	APR %	Max. CLTV%
$50,000	10 Year	8.01%	60%
$50,000	20 Year	9.01%	60%