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%
$647,200	15 Year	3.17%	75%
$647,200	30 Year	3.67%	75%

* The Maximum Loan amount is $647,200 for “most counties.”

First Mortgage Non-Owner Occupied

Max. Loaned*	Max. Term	APR %	Max. CLTV%
$647,200	15 Year	4.17%	65%
$647,200	30 Year	4.67%	65%

* The Maximum Loan amount is $647,200 for “most counties.”

Home Equity Loan-Owner Occupied

Max. Loaned	Max. Term	APR %	Max. CLTV%
$100,000	10 Year	4.67%	75%
$100,000	20 Year	5.17%	75%

 

Solar Home Equity Loan-Owner Occupied

Max. Loaned	Max. Term	APR %	Max. CLTV%
$50,000	10 Year	4.42%	80%
$50,000	20 Year	4.92%	80%

 

Home Equity Loan Non-Owner Occupied

Max. Loaned	Max. Term	APR %	Max. CLTV%
$100,000	10 Year	6.67%	65%
$100,000	20 Year	7.67%	65%

 

Unimproved Property Loan

Max. Loaned	Max. Term	APR %	Max. CLTV%
$50,000	10 Year	7.67%	60%
$50,000	20 Year	8.67%	60%