Members 1st Federal Credit Union - Mortgage Loan Rates
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Mortgage Loan Rates
Are you a first time home buyer? Maybe you're looking to get something bigger? We offer first mortgage loans,
unimproved land loans, construction loans and a pre-approval program so that you know how much house you can afford. Ask one of our mortgage
specialists for help in deciding which mortgage program will best suit your individual needs and budget. Apply right now online.
Apply Now
Your rate may vary from what is listed. Your interest rate
will be based on your credit history, current credit report,
and LTV(loan to value).
All rates are expressed as ANNUAL PERCENTAGE RATES.
Rates are subject to change without notice.
Loan rates as low as those listed below are effective
Thursday, July 29, 2010
|
Conforming Fixed Rates
|
| 95% LTV to $417,000 |
| Term | Rate | Points | APR | |
| 30 Year |
4.375 |
0.250 |
4.436 |
Estimate Payment |
| For example a $100,000 Conforming Fixed Rates mortgage with 0.250 points and a 30 year term at 4.375%, the sample estimated monthly payment may be $498.04. |
| 30 Year |
4.25 |
1.000 |
4.375 |
Estimate Payment |
| For example a $100,000 Conforming Fixed Rates mortgage with 1.000 points and a 30 year term at 4.25%, the sample estimated monthly payment may be $487.02. |
| 20 Year |
4.25 |
0.250 |
4.334 |
Estimate Payment |
| For example a $100,000 Conforming Fixed Rates mortgage with 0.250 points and a 20 year term at 4.25%, the sample estimated monthly payment may be $617.69. |
| 15 Year |
3.875 |
0.250 |
3.981 |
Estimate Payment |
| For example a $100,000 Conforming Fixed Rates mortgage with 0.250 points and a 15 year term at 3.875%, the sample estimated monthly payment may be $731.61. |
| Combo Loans Available |
|
PHFA (1st Time Homebuyers)
|
| 97% LTV |
| Term | Rate | Points | APR | |
| 30 Year |
4.75 |
0.000 |
4.791 |
Estimate Payment |
| For example a $100,000 PHFA (1st Time Homebuyers) mortgage with 0.000 points and a 30 year term at 4.75%, the sample estimated monthly payment may be $521.65. |
| Income and loan amount restrictions apply. Call for details. |
|
VA Rates
|
| |
| Term | APR | Points | APR | |
| 30 Year |
4.25 |
0.250 |
4.524 |
Estimate Payment |
| For example a $100,000 VA Rates mortgage with 0.250 points and a 30 year term at 4.25%, the sample estimated monthly payment may be $490.71. |
| VA Loans are available up to 100% LTV to $417,000.00. |
|
Construction Loans
|
| 95% LTV to $417,000 |
| Term | Rate | Points | APR | |
| 30 Year |
4.625 |
0.250 |
4.687 |
Estimate Payment |
| For example a $100,000 Construction Loans mortgage with 0.250 points and a 30 year term at 4.625%, the sample estimated monthly payment may be $512.85. |
| 30 Year |
4.375 |
1.250 |
4.522 |
Estimate Payment |
| For example a $100,000 Construction Loans mortgage with 1.250 points and a 30 year term at 4.375%, the sample estimated monthly payment may be $493.04. |
| 30 Year |
4.25 |
2.000 |
4.461 |
Estimate Payment |
| For example a $100,000 Construction Loans mortgage with 2.000 points and a 30 year term at 4.25%, the sample estimated monthly payment may be $482.10. |
| 15 Year |
4.25 |
0.000 |
4.320 |
Estimate Payment |
| For example a $100,000 Construction Loans mortgage with 0.000 points and a 15 year term at 4.25%, the sample estimated monthly payment may be $752.28. |
| Our Construction financing program has the same great rate for both the construction and the permanent financing. |
|
FHA
|
| |
| Term | APR | Points | APR | |
| 30 Year |
4.25 |
0.125 |
4.977 |
Estimate Payment |
| For example a $100,000 FHA mortgage with 0.125 points and a 30 year term at 4.25%, the sample estimated monthly payment may be $491.32. |
Apply Now
All APR calculations are based on $75,000 loan amount with 20% down and applicable prepaid finance charges.
This sheet is for informational purposes only, and is subject to change at anytime.