Mortgage Loans

*Annual Percentage Rate (APR). Rates are subject to change and other credit qualifications and restrictions may apply. Offer may expire without notice. Rates for Investment, Rental, and Land/Lot loans available upon request. **The loan calculator is an estimation tool to help the user understand what it may take to pay back a theoretical loan. Not all terms provided by or entered into the loan calculator may be offered by the Credit Union. An example of a repayment term is 30 years at $200,000 mortgage at an interest rate (APR) of 3.5%.  Rates, terms and conditions are subject to change and may vary based on creditworthiness, collateral conditions and other factors. The loan calculator estimates are not loan quotes. They may or may not be representative of your personal circumstances.  The estimate is not a guarantee for a loan. Not all borrowers or loans will be eligible for the Interest Rates, Loan Terms, and optional  and additional offers.  Costs are dependent on the protection(s) elected and will vary from the costs included in this estimate. Contact the Credit Union for a complete list of terms and conditions.

*Annual Percentage Rate. APR is based off loan assumptions that include a borrower with 680 credit score or higher; your actual APR may differ depending on your credit history and loan characteristics. Lending up to $200,000 on a 12 or 18 year amortization. Other credit qualifications may apply. Transaction for refinance new money 1st Mortgage only. $500 flat fee closing costs. Closing will be done in house by qualified staff, no Title Company closing. Refinance maximum LTV of 80% based on the Fair Market Value of the most recent tax statement. Maximum DTI of 38%. Lender Title Policy required. Servicing will be done by Midwest Loan Services. FirstCCU will cover the cost of credit, tax service, flood certification, Title and Policy and recording that exceeds the $500.00 flat fee. Any specialty fees (Quick Claim Deeds, appraisals, or recording fees for old title liens will be passed on to the borrower). Other Mortgage products offered will be normal qualifications and costs to member. If debt ratio exceeds 38%, must use standard mortgage products with DU Eligible and sell to FHLB.  1 New purchase only. The $500 closing cost credit cannot exceed the actual amount of closing costs, prepaid interest, and escrow reserves. This includes if the credit is combined with a seller closing cost credit. First mortgages only (offer does not apply to second mortgages or home equity lines of credit). Other credit qualifications may apply. Rate subject to change without notice. Not valid with any other offers. Federally insured by the NCUA. Equal Housing Opportunity. Offer effective on applications taken on or before March 31, 2021.
NMLS #401913