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	3.00%	80%

* The Maximum Loan amount is $484,350 for “most counties.”

First Mortgage Non-Owner Occupied

Max. Loaned*	Max. Term	APR %	Max. CLTV%
$484,350	15 Year	3.42%	70%
$484,350	30 Year	3.92%	70%

* The Maximum Loan amount is $484,350 for “most counties.”

Home Equity Loan-Owner Occupied

Max. Loaned	Max. Term	APR %	Max. CLTV%
$100,000	10 Year	4.00%	80%
$100,000	20 Year	4.42%	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	4.17%	85%

 

Home Equity Loan Non-Owner Occupied

Max.3Loaned	Max. Term	APR %	Max. CLTV%
$100,000	10 Year	5.92%	70%
$100,000	20 Year	6.92%	70%

 

Unimproved Property Loan

Max. Loaned	Max. Term	APR %	Max. CLTV%
$50,000	10 Year	6.92%	60%
$50,000	20 Year	7.92%	60%