Mortgage Rates

Nothing compares to relaxing in your own home. No worries over what color to paint the walls, or hanging a picture of the kids. And if you maintain it well, your house gains in value, and your mortgage becomes a good investment. The mortgage rates we can offer you vary on a number of things, including the purchase price, the size of a down payment, your credit rating, and any discounts we can offer you. Keep in mind two things:

• You will need to pay closing costs and maybe mortgage insurance – but we do everything we can to keep those low.
• A mortgage on your primary residence is tax deductible, so you can afford more than you think you can.

Our adjustable rate mortgages are guaranteed for a year, and we will never change the new interest rate by more than two percentage points, and never more than seven percentage points through the life of the mortgage.

sfcu Home Loan Interest Rates Web Updated 4/01/2020
Type of Loan	Term (Approx.)	APR1
First Mortgages - Fixed Rates (Purchases and Refinances)	120	4.25%
	180	4.50%
	240	4.90%
First Mortgages - Variable Rate2 1/1 ARM Discounted rate for 1st year 1st Year Fixed - APR on remaining term - Variable based on 1 year Treasury Security of +2.90%	12	3.75%
	348	5.50%
First Mortgages - Variable Rate2 5/1 ARM Discounted rate for 1st year 1st 5 Years Fixed - APR on remaining term - Variable based on 1 year Treasury Security of +2.90%	60	4.25%
	300	5.50%
First Mortgages - Variable Rate2 5/5 ARM Discounted rate for 5 years 1st 5 Years Fixed - APR on remaining term - Variable based on 5 year Treasury Security of +2.90%	60	4.50%
	300	5.00%
Home Equity Line of Credit3 Variable APR based on Prime Rate +0% A+ score	120	3.25%
Home Equity Loan Fixed, 80% LTV, A+ Score	60	4.25%
	120	5.25%
Home Improvement Loan	60	8.00%
Fixed Rate Mobile Home & Land Purchase or Refinance term is determined by Year of Manufactured Home	120	5.50%
	180	5.75%
	240	6.50%
Variable Rate Mobile Home & Land2 APR based on 1 year Treasury Security +4.50% Purchases and Refinances Term is determined by Year of Manufactured Home	240	7.00%
Second Home - Fixed Rates (Purchases and Refinances) Not investment or Rental	120	8.00%
	180	8.50%
	240	9.00%
Second Home - Variable Rate2 APR is Variable based on 1 year Treasury Security +3.00%	180	5.50%
Bare Land - Fixed Rates	144	10.00%
Bare Land - Variable Rate2 APR is Variable based on 1 year Treasury Security +4.50%	144	7.00%
Certain Restrictions may apply on any of the above loan types. Please contact any of our branch offices for questions. The above rates are determined by credit worthiness. Your actual rate may vary. Contact the credit union to see what rate you qualify for. 1- Annual Percentage Rate 2- All Variable Rate loans with the exception of the Home Equity have a floor of 5.00% 3- The Variable Rate Home Equity does not have a floor, and higher rates may apply based on Loan to Value.