Central City Credit Union - Rates - Real Estate Mortgage Rates

Ask Angie, April or Sarah about our 100% Financing Program!

Real Estate Mortgage Rates

FIRST MORTGAGE - Adjustable Rate - One Year
Amount of Equity Rates* Maximum Term
20% or greater 4.99% APR^a 30 years

FIRST MORTGAGE - Adjustable Rate - Three Year
Amount of Equity Rates* Maximum Term
20% or greater 5.49% APR^b 30 years

SECOND MORTGAGE
Amount of Equity Rates* Maximum Term
20% 7.25% APR^c 180 months with 36 month balloon
10% 7.75% APR^d 120 months with 36 month balloon

HOME EQUITY LINE OF CREDIT (HELOC)**
Amount Rates*
<80% LTV 1% over prime rate
81-90% LTV 2% over prime rate

Central City Credit Union also offers 5% down Conventional Fixed Rate and Adjustable Rate mortgages, VA, WHEDA and 100% financed Guaranteed Rural Housing loans. Please contact a Central City loan officer for specific rates and details on these great programs.
This rate equates to:
^a$5.36 per $1000 for 30 years
^b$5.67 per $1000 for 30 years
^c$9.13 per $1000 for 15 years
^d$12.00 per $1000 for 10 years
*Rates determined at time of application. APR = Annual Percentage Rate.

Rates and terms are subject to change without notice. Maximum terms are at CCCU discretion. Please read all applicable disclosures on your loan documents.
**Estimated closing costs to open plan approximately $100 to $250. Fully indexed APR is Prime plus 1% or 2% dependent on equity position with a minimum rate of 6.0%APR. Maximum 15%APR. As of October 9 2008, the APR would be 6.00% (minimum rate requirement) for up to 80% LTV. Maximum rate is 15%APR. APR can change quarterly on the 1st day of January, April, July, and October. Prime rate based on US Prime Rate published in The Wall Street Journal as of 7 days prior to rate adjustment.