First Mortgage Loans, Purchase or Refinance, Primary Residence
Term
Loan Amounts*
Note Rate*
Loan Fee
APR
Conforming* 40 Year Fixed Rate
FNMA Conforming < $417,000
6.375%
6.250%
6.125%
0.000%
0.500%
1.000%
6.52%
6.44%
6.36%
Conforming* 30 Year Fixed Rate
FNMA Conforming < $417,000
6.000%
5.875%
5.750%
0.000%
0.500%
1.000%
6.13%
6.06%
5.98%
Conforming* 20 Year Fixed Rate
FNMA Conforming < $417,000
5.875%
5.750%
5.625%
0.000%
0.500%
1.000%
6.05%
5.99%
5.92%
Conforming* 15 Year Fixed Rate
FNMA Conforming < $417,000
5.500%
5.375%
5.250%
0.250%
0.625%
1.000%
5.76%
5.69%
5.62%
Conforming* 10 Year Fixed Rate
FNMA Conforming < $417,000
5.500%
5.375%
5.250%
0.000%
0.500%
1.000%
5.81%
5.79%
5.77%
Conforming* 30 Yr with 15 Yr Balloon Fixed Rate Loans
FNMA Conforming <$417,000
5.625%
5.500%
0.500%
1.000%
5.84%
5.77%
Jumbo 30 Yr with 15 Yr Balloon Fixed Rate Loans
30 Year >$417,000
30 Year >$417,000
6.250%
6.000%
0.500%
1.000%
6.41%
6.22%
Jumbo 15 Year Fixed Rate Loans
15 Year >$417,000
15 Year >$417,000
6.000%
5.750%
0.500%
1.000%
6.22%
6.05%
Conforming* 30 Year 3/1 ARM (Variable, fixed for first 3 years)
FNMA Conforming < $417,000
5.250%
4.875%
4.625%
0.000%
0.500%
1.000%
4.65%
4.60%
4.58%
Conforming* 30 Year 5/1 ARM (Variable, fixed for first 5 years)
FNMA Conforming < $417,000
5.500%
5.375%
5.125%
0.000%
0.500%
1.000%
4.88%
4.87%
4.82%
*NOTE: Conforming prices quoted are for conforming (<$417,000) loans. For jumbo loans (>$417,000), please see the jumbo pricing category. Other adjustments may apply, based on loan to value and other factors. Rates quoted are for Primary Residence (owner occupied) loans. Rates and fees are different for Second Homes & Investment properties. Please consult with a CCU Loan Officer for a rate quote designed specifically to meet your needs. We can help you choose the mortgage that's right for you.
Lot / Land Loans
Loan Type
Term
LTV
Note Rate*
Lot Loan
25 year amortization / 1/3/5 year Call - Fixed Rate
75%
Rates starting at 6.75% - 7.75%
Custom Construction Loans
Loan Type
LTV
Note Rate*
Loan Fee
APR
Custom Construction 5/1 ARM (Variable)
up to 95%
5.125%
1.500%
4.86%
Custom Contruction Conforming* 30 Yr with 15 Yr Balloon (Fixed Rate Loans)
up to 95%
5.750%
1.500%
6.21%
No Mortgage Insurance Program
Loan Type
Term
LTV
Note Rate*
Loan Fee
APR
Conforming 7/1ARM (Variable, fixed for first 7 years)
30 Year <$417,000
30 Year >$417,000
up to 90%
5.625%
1.000%
5.18%
Conforming 7/1ARM (Variable, fixed for first 7 years)
30 Year <$417,000
30 Year >$417,000
up to 95%
5.750%
1.000%
5.23%
*NOTE: For Jumbo Custom Construction Loans and no MI loans (>$417,000), please add .50% to rate. Other adjustments may apply. Please consult with a CCU Loan Officer.
Rate Information
Rates quoted as of the date and time indicated above, are subject to change, with the markets, without notice. Example repayment terms for a 15 year fixed rate First Mortgage loan of $150,000 at a rate of 6.250%: 180 monthly P & I payments of $1286.13. Again, rates change often, and Columbia Credit Union will confirm rates for you at time of application.
