Home Loans
Ask about our No Closing Costs Mortgage and Home Equity products!3
Pay your loan off faster and save even more in interest with our free bi-weekly payment option on all in-house loans. Ask a mortgage lender for details.
| Type of Loan | Duration | Rate | APR 1 |
| Fixed Rate First Mortgage 2 in-house | up to 10 years | 4.04% | 4.264% |
| First Mortgage in-house (15 – yr amortization) |
10 year balloon | 4.29% | 4.462% |
| First Mortgage (15 year amortization) as low as First Mortgage (30 – yr amortization) as low as |
5 year balloon |
4.14%
4.625% |
4.404%
4.862%
|
| Construction – interest only | 3-18 months | 5.25% | |
| Fixed Rate Home Equity 4 as low as |
5 to 10 years |
Range of: 5.00% |
5.026% 6.017% |
| Home Equity Line of Credit 5 80% Loan to Value or Less |
15 years | Prime Rate Minus 1% 6 | |
|
Home Equity Line of Credit 5 Up to 100% Loan to Value |
15 years | Prime Rate Plus .50% 6 | |
| Prime Line Interest Only Payment (5-year term) 5 | 5 years | WSJ Prime Rate 6 | |
| Unsecured Home Improvement (borrow up to $25,000) | up to 10 years | 7.49% | |
| Unimproved Land up to 50% of appraised value (no maximum loan amount) |
5 year balloon | 6.50% | varies by term |
| Unimproved Land 51% – 100% appraised value | 5 year balloon | 7.25% | varies by term |
| 1 year ARM (up to 30 years) 5 year ARM (up to 30 years) |
adjusts after 1 or 5 years | Call 722-9242 for rate | |
| 5/5 ARM (up to 30 years) | adjusts every 5 years | Call 722-9242 for rate | |
| Conventional First (secondary market only) | 15,20,30,40 year fixed rates available | Call 722-9242 for rate |
What We Offer
First Mortgages:
- Purchases and refinancing (including purchase money seconds)
- Primary, vacation and investment property financing
- Flexible term and payment options
- Serviced at Harbor Pointe Credit Union
Home Equity Loans:
Easy application process, use your home equity loan for such things as home improvements, debt consolidation, college tuition and more!
- Competitive interest rates
- Flexible terms
- Home remodel loans up to 133% LTV!
Lines of Credit:
Our home equity line of credit offers:
- Flexible fund withdrawal
- Terms up to 15 years (5-year draw, 10-year repayment)
- Competitive interest rates
- Up to 100% loan to value
- low rate margins
Home Improvement Loans:
- Low or no equity options
- Unsecured loan up to $25,000 with up to 10 years to repay
- Eligible property types (owner occupied) include: Single Family, Townhouse, Condominium, Duplex
- Used for home improvements on owner occupied properties
Energy Loans:
- Fast approval and funding process
- Low rate and up to 10 year term keep payments affordable
- Use it to improve your home’s energy efficiency, helping to save in monthly energy costs
Construction Loans:
Building that dream home? We can help!
- One time close
- Construction to permanent financing available
- 3 – 18 months construction phase
- Interest only payments while you build
Bare Land:
Lake property, hunting land, future new home site? It’s easy with a land loan at Harbor Pointe Credit Union!
- Up to 100% purchase financing available
- Flexible terms and payments
For Your Purchase and Refinancing Need We also Offer:
- Conventional Mortgages
- FHA Loans
- VA Loans
1 APR = Annual Percentage Rate
2 Up to a 10 year term, first mortgage position only, mortgage remains at Harbor Pointe Credit Union. Payment example based on $100,000 loan amount at 4.04% interest rate with an APR of 4.264%, 120 monthly estimated payments of $1,024.72.13 which includes principal & interest payments. Maximum Loan-to-Value is 80%. Rate subject to change without notice. Current Harbor Pointe Credit Union 10 year in-house mortgage refinances do not qualify. See a Mortgage Specialist for complete details.
3 No closing cost offer: Active checking account required. (Purchase transactions excluded from offer), Mortgage remains at Harbor Pointe Credit Union. Payment example based on $100,000 loan amount at 4.375% interest rate with an APR of 4.377%, 120 monthly estimated payments of $1,030.46 which includes principal & interest payments. Maximum Loan-to-Value is 80%. Rate subject to change without notice. Harbor Pointe Credit Union reserves the right to end no closing cost promotion at any time. See a Mortgage Specialist for complete details.
4 Up to a 10 year term, mortgage remains at Harbor Pointe. Example based on $25,000 loan amount at 6.00% interest rate with an APR of 6.017%, maximum Loan-to-Value is 80%. Loan-to-Value products over 80% available. Rate subject to change without notice. See a Harbor Pointe Mortgage Specialist for complete details.
5 APR will vary with Prime Rate (index) as published in the Wall Street Journal (WSJ)
6 As printed in the Wall Street Journal prime rate
*Disclaimer: While we strive to keep our site updated with all current rates and information, these rates may be outdated. Please call or stop in before making a final decision.
