Loan Features
Enjoy the advantages of a Members 1st mortgage.Rate Advantage
Your rate is locked for 60 days after applying and drops if mortgage rates drop during that 60-day span.
5% Down Payment
Save with down payments as low as 5%1
Mortgage Options
Choose from a full suite of mortgage options tailored to your needs
Dedicated Mortgage Team
A team of mortgage experts to walk you step-by-step through the home-buying process.
What is Rate Advantage?
Rate Advantage provides mortgage loan applicants with added assurance and protection that they'll receive the lowest rate possible on their mortgage loan. After you have applied for your mortgage loan, Members 1st will lock in your rate 60 days, and lower your rate if rates drop during that 60-day span.
Rates
Conventional 30 Year Fixed
6.375%
Rate
6.553%
APR
Conventional 20 Year Fixed
6.125%
Rate
6.358%
APR
Conventional 15 Year Fixed
5.750%
Rate
6.040%
APR
Conventional 10 Year Fixed
5.500%
Rate
5.910%
APR
FHA 30 Year Fixed
6.875%
Rate
7.059%
APR
VA 30 Year Fixed
6.875%
Rate
7.059%
APR
Last Refresh: 7/15/2025 11:31:04 AM EST
All rates displayed have zero points.
Important Rate Information: This is not a quote. These rates are published weekdays near 10:00am EST. Interest rates fluctuate throughout the day and may be different at the time you apply and will likely differ based on your specific scenario. The information provided here is general and assumes only the following scenario: Purpose of the loan: Purchase a property. Property location: Redding, CA 96049. Property Type: Existing single family home. Property Use: Primary Residence. Estimated property value: $200,000. Estimated down-payment: $40,000. Loan amount: $160,000 (80% Loan to Value). Credit Score: 760. An Escrow (impound) account is required. Rate lock period is 60 days. Fees: $3,000 to estimate closing costs in order to approximate an APR. Estimated Payments: Conventional 30 Year Fixed $998.00, Conventional 20 Year Fixed $1158.00, Conventional 15 Year Fixed $1329.00, Conventional 10 Year Fixed $1736.00, FHA 30 Year Fixed $1069.00, VA 30 Year Fixed $1051.00. Monthly payment reflects principal & interest only, it does not include taxes, insurance, Private Mortgage Insurance (PMI), or Mortgage Insurance Premium (MIP). For a quote with specifics to your scenario please click on rates which contain a link to a quoting or application tool.
Home Loan Services
We do business in accordance with the Fair Housing Act
(The Civil Rights Act of 1968, as amended by the Fair Housing Amendments Act of 1988)The Fair Housing Act protects people from discrimination when they are renting or buying a home, getting a mortgage, seeking housing assistance, or engaging in other housing-related activities.
Who is protected?
It is Illegal to Discriminate Against Any Person Because of Race, Color, Religion, Sex, Handicap, Familial Status, or National Origin
- In the sale or rental of housing or residential lots
- In advertising the sale or rental of housing
- In the financing of housing
- In the provision of real estate brokerage services
- In the appraisal of housing
- Blockbusting is also illegal
How to Report Housing Discrimination
Anyone who feels he or she has been discriminated against may file a complaint of housing discrimination:
1-800-669-9777 (Toll Free)
1-800-927-9275 (TTY)
www.hud.gov/fairhousing
U.S. Department of Housing and Urban Development
Assistant Secretary for Fair Housing and Equal Opportunity
Washington, D.C. 20410
1. All lending products are subject to credit and property approval. Terms, conditions, and interest rates are subject to change without notice. Certain restrictions may apply and may vary based on borrower qualification and collateral conditions. This is not a commitment to lend. Down payments less than 20% of the loan amount may be subject to private mortgage insurance (PMI).
Down payments less than 20% of the loan amount may be subject to private mortgage insurance (PMI).