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%
$484,350	15 Year	3.00%	80%
$484,350	30 Year	3.14%	80%

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

First Mortgage Non-Owner Occupied

Max. Loaned*	Max. Term	APR %	Max. CLTV%
$484,350	15 Year	3.64%	70%
$484,350	30 Year	4.14%	70%

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

Home Equity Loan-Owner Occupied

Max. Loaned	Max. Term	APR %	Max. CLTV%
$100,000	10 Year	4.14%	80%
$100,000	20 Year	4.64%	80%

 

Solar Home Equity Loan-Owner Occupied

Max. Loaned	Max. Term	APR %	Max. CLTV%
$50,000	10 Year	4.00%	85%
$50,000	20 Year	4.39%	85%

 

Home Equity Loan Non-Owner Occupied

Max.3Loaned	Max. Term	APR %	Max. CLTV%
$100,000	10 Year	6.14%	70%
$100,000	20 Year	7.14%	70%

 

Unimproved Property Loan

Max. Loaned	Max. Term	APR %	Max. CLTV%
$50,000	10 Year	7.14%	60%
$50,000	20 Year	8.14%	60%