Home Loan Rates
For mortgages, visit www.memberfirstmortgage.com***
Closed End Home Equity Loans from $10,000
to $250,000 (Owner Occupied) [2]
Rates effective 2/1/2012
80% Combined Loan-to-Value
|
Fixed Rate Feb 2012 |
Base Interest Rate | Best Interest Rate | Best Interest Rate w/ Automatic Transfer | Highest Interest Rate [1] |
| Term | up to 80% CLTV | up to 80% CLTV | up to 80% CLTV | up to 80% CLTV |
| up to 5 years | 5.750% | 5.250% | 5.000% | 13.250% |
| 6 to 10 years | 6.200% | 5.700% | 5.450% | 13.700% |
| 11 to 15 years | 6.650% | 6.150% | 5.900% | 14.150% |
| 16 to 20 years | 7.100% | 6.600% | 6.350% | 14.600% |
95% Combined Loan-to-Value
|
Fixed Rate |
Base Interest Rate | Best Interest Rate | Best Interest Rate w/ Automatic Transfer | Highest Interest Rate [1] |
| Term | up to 95% CLTV | up to 95% CLTV | up to 95% CLTV | up to 95% CLTV |
| up to 5 years | 6.750% | 6.250% | 6.000% | 14.250% |
| 6 to 10 years | 7.200% | 6.700% | 6.450% |
14.700% |
| 11 to 15 years | 7.650% | 7.150% | 6.900% | 15.150% |
| 16 to 20 years | 8.100% | 7.600% | 7.350% | 15.600% |
Closed End Home Equity Loans from $10,000 up to $250,000 (Non-Owner Occupied) [2]
|
Fixed Rate
Feb 2012 |
Base Interest Rate | Best Interest Rate | Best Interest Rate w/ Automatic Transfer | Highest Interest Rate [1] |
| Term | up to 70% CLTV | up to 70% CLTV | up to 70% CLTV | up to 70% CLTV |
| up to 5 years | 7.000% | 6.500% | 6.250% | 14.500% |
| 6 to 10 years | 7.450% | 6.950% | 6.700% | 14.950% |
| 11 to 15 years | 7.900% | 7.400% | 7.150% | 15.400% |
| 16 to 20 years | 8.350% | 7.850% | 7.600% | 15.850% |
Home Equity Line of Credit from $10,000 up to $250,000 [3]
| Adjustable Interest Rate 1st Quarter |
13 Week T-Bill [3] | Margin | Base interest Rate | Best Interest Rate | Best Interest Rate with Payment Transfer | Highest Interest Rate [1] |
| Up to 80% | 0.000% | 3.750% | 3.750% | 4.000% | 4.000% | 11.250% |
| Over 80% | 0.000% | 4.250% | 4.250% | 4.000% | 4.000% | 11.750% |
| Up to 70% | 0.000% | 4.500% | 4.500% | 4.000% | 4.000% | 12.000% - non-owner occupied |
Visa Gold Home Equity Line of Credit from $10,000 to $75,000 [4]
| Adjustable Interest Rate 1st Quarter |
Prime Rate | Margin | Base interest Rate | Best Interest Rate | Best Interest Rate with Payment Transfer | Highest Interest Rate [1] |
| Up to 80% | 3.250% | 0.500% | 3.750% | 4.000% | 4.000% | 11.250% |
| Over 80% | 3.250% | 1.000% | 4.250% | 4.000% | 4.000% | 11.750% |
| Non-owner occupied Up to 70% |
3.250% | 1.250% | 4.500% | 4.000% | 4.000% | 12.000% |
Interest rates are subject to change anytime without notice and may vary based upon credit history, loan term, and account relationships with the Credit Union.
Notes
- Maximum Interest Rate is 18.00%
- Fixed interest rates on closed-end equity loans change monthly.
- Adjustable rates change quarterly. Current T-bill expires 3/31/2012
- Adjustable rates change quarterly. Current prime rate expires 3/31/2012
CLTV - Combined loan-to-value.
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We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. Mortgage loan services provided by MemberFirst Mortgage LLC (NMLS #149532)
and UMCU (NMLS #712343)