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Mortgage Loan Rates

A complete list of all rates for all Members 1st mortgage products.

Refinance Rates

APR* as low as

10-Year Mortgage

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2.500%

Fixed

15-Year Mortgage

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2.750%

Fixed

20-Year Mortgage

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2.875%

Fixed

View Rate Sheet

1. If a full appraisal is required by the credit union, the borrower will be responsible for this fee. The no cost program is only available one time per member and not available when refinancing an existing credit union loan.

This is a fixed rate available to qualified borrowers on a 10-, 15-, or 20-year term. Maximum 80% Loan-to-Value required. Minimum financing of $50,000. Mortgage loan proceeds may not be used to refinance existing Members 1st Credit Union loans. No early payoff penalties. The property must be a single family residence that is owner occupied (no rentals or investment properties). The Credit Union will not lend on mobile homes, manufactured homes, condos, or duplexes.

A 10 year (120 month) 1st Mortgage of $100,000 at 2.50% APR, would require 119 monthly payments at $942.71 with one final payment of $942.47

A 15 year (180 month) 1st Mortgage of $100,000 at 2.75% APR, would require 179 monthly payments at $678.66 with one final payment of $677.70

A 20 year (240 month) 1st Mortgage of $100,000 at 2.875% APR, would require 239 monthly payments at $548.42 with one final payment of $545.91

Example: A 30 year (360 month) 1st Mortgage of $100,000 at 4.93% APR, would require 359 monthly payments at $532.79 with one final payment of $526.23

Purchase Rates

Rates and APR* as low as

Conventional 30 Year Fixed

3.125%

Rate

3.270%

APR

Conventional 20 Year Fixed

3.250%

Rate

3.458%

APR

Conventional 15 Year Fixed

2.375%

Rate

2.638%

APR

Conventional 10 Year Fixed

2.750%

Rate

3.140%

APR

FHA 30 Year Fixed

3.250%

Rate

3.919%

APR

VA 30 Year Fixed

3.250%

Rate

3.250%

APR

Personalized Quote

*Last Refresh: 10/15/2021 10:53:00 AM

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 Escrow (impound) account is required. Rate lock period is 60 days. Fees: $3,000 to estimate closing costs in order to approximate an APR. For a quote with specifics to your scenario please click on rates which contain a link to a quoting or application tool.

Eligible to all Butte, Glenn, Shasta, and Tehama County residents. Join Now
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