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.

Example: A 10 year (120 month) 1st Mortgage of $100,000 at 4.25% APR, would require 119 monthly payments at $1024.64 with one final payment of $1023.63.

Example: A 15 year (180 month) 1st Mortgage of $100,000 at 4.50% APR, would require 179 monthly payments at $765.02 with one final payment of $764.62.

Example: A 20 year (240 month) 1st Mortgage of $100,000 at 4.75% APR, would require 239 monthly payments at $646.49 with one final payment of $645.81.

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