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Fee Schedule Loan Rates Real Estate/Mortage Info Dividend and Certificate Rates

Effective as of: 10/01/2018
REAL ESTATE/ MORTGAGE INFORMATION
First Mortgage, Purchase:
1. Affiliate processor, CU Members Mortgage - Up to 30 years financing. Optional interest rates, fixed or variable. 1-800-835-7128.
 
2. Loans booked on Credit Union - Up to 30 years financing, finance up to 100% of appraised value, fixed rate of prime (floor of 5%) for a new purchase or refinanced from another institution. Mortgages already on the Credit Union books require a minimum of $20,000.00 cash out.
 
Home Equity:
Loans booked on Credit Union - Up to 15 year financing; rate 1% above Prime Rate, with a floor rate of 6%, finance 80% of - sellable equity-™, fixed rate, and 5 year draw period.
Land: (Purchase)
Loans booked on Credit Union - Up to 10 years financing, 80% appraised value, rate 1% above Prime Rate, with a floor rate of 6%.
 

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