Home Loans
Special Limited Time Offer: No Closing Costs on 10 Year In-house Mortgage****
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* |
| Fixed Rate First Mortgage** in-house | up to 10 years | 3.29% | 3.704% |
| First Mortgage*** in-house (15 – yr amortization) |
10 year balloon | 3.54% | 3.703% |
| First Mortgage (15 year amortization) as low as First Mortgage (30 – yr amortization) as low as |
5 year balloon |
3.99%
4.125% |
4.237%
4.351%
|
| Construction – interest only | 3-18 Months | 5.25% | |
| Fixed Rate Home Equity*** as low as |
5 to 10 years |
Range of: 4.75% |
4.776% 5.766% |
| Home Equity Lines of Credit: Prime Line Minus 1% (1% bal pymt/15 – yr term) |
15 years | 4.50% | |
| Prime Line Interest Only Payment (5-year term) | 5 years | 5.00% | |
| Unsecured Home Improvement (borrow up to $25,000) | up to 10 years | 5.49% | |
| Unimproved Land up to 50% of appraised value (no maximum loan amount) |
5 year balloon | 6.50% | 6.573% |
| Unimproved Land 51% – 100% appraised value | 5 year balloon | 7.25% | 7.326% |
| 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 for lower monthly payments, pay 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, 15-year repayment)
- Competitive interest rates
- Up to 100% loan to value
- low rate margins
Home Improvement Loans:
- Low or no equity? A Home Improvement Loan may be your solution
- Must be used for home improvements only
- Unsecured loan up to $25,000 with up to 10 years to repay
- Eligible property types (owner occupied) Single Family, Townhouse, Condominium, Duplex
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
Raw 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
*APR = Annual Percentage Rate
**APR = Annual Percentage Rate, up to 10 year term, first mortgage position only, mortgage remains at Harbor Pointe. Payment example based on $100,000 loan amount at 3.29% interest rate with an APR of 3.292%, 120 monthly estimated payments of $979 which includes principal and interest payments; maximum Loan-to-Value is 80%. Rate subject to change without notice. Current Harbor Pointe 10 year in-house mortgages refinances do not qualify. See a Harbor Pointe Mortgage Specialist for complete details.
***APR = Annual Percentage Rate, up to 10 year term, 2nd mortgage position only, mortgage remains at Harbor Pointe. Based on $50,000 loan amount at 6.70% interest rate with an APR of 6.703%, maximum Loan-to-Value is 100%. Rate subject to change without notice. See a Harbor Pointe Mortgage Specialist for complete details.
All rates subject to change. Please call Harbor Pointe loan department to verify the most current rates.
**** ** No closing costs offer does not include cost of an appraisal, if applicable. Does not include purchase transactions or non-owner occupied real estate. Maximum waiver of closing costs is $500 per membership.
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.
