Maximum conventional loan is $417,000.
Rates shown for the 15, 20 and 30 Year Fixed Mortgages assume a loan amount of $180,000 for a single-family primary residence, with an origination fee of 1% and a down payment of 20% or more. Loans with down payments of less than 20% may require mortgage insurance which could increase the APR. Payments provided above for the 15, 20 and 30 Year Fixed Mortgages reflect an estimated property value of $225,000 and a loan amount of $180,000.
These rates are for some of our most popular products. Other rates and fees may apply as determined by the borrower's creditworthiness and the subject property's characteristics. Still other programs and financing options are available. Please consult our Real Estate Department for specific products and their applicable terms, rates and fees.
Rates are subject to change without notice. In order to lock a rate, an application must be submitted and rate lock agreement must be signed.
Additional 20-year fixed w/10-year balloon Disclosures:
Maximum loan amount is $250,000.
The 10-year balloon mortgage allows for the amortization of payments over a 20-year period with a balance due in 10-years. The interest rate is fixed for the 10-year term of the loan, providing for monthly payments that do not change. At the end of the 10-years the balance remaining is due in full. You may have the right to refinance the remaining balance due with STCU, subject to certain conditions. Payments provided for the 20-Year Fixed with 10-Year Balloon Mortgage reflect an estimated property value of $240,000 and a loan amount of $180,000 with a Balloon payment due at the end of 10 Years.
There are no closing costs associated with this product unless it is determined that an appraisal and/or title insurance is necessary.* Your loan officer will let you know if your loan can be closed without an appraisal and/or title insurance.
*You will always be required to pay any pre-paid items at closing (interest from the day of funding and pre-collected escrows.