In-House Portfolio Mortgage Loans
Loans available for purchase money, refinancing, home improvement, and more!
Rates subject to change without notice.
| Term | Rate | Annual Percentage Rate* | Monthly Payment Per $1000 Borrowed** |
|---|---|---|---|
| 5 Year | As low as 3.50% | 3.665% | $18.20 |
| 10 Year | As low as 3.75% | 3.838% | $10.01 |
| 15 Year | As low as 4.00% | 4.063% | $7.40 |
| 20 Year | As low as 4.25% | 4.300% | $6.20 |
| 25 Year | As low as 4.50% | 4.544% | $5.56 |
| 30 Year | As low as 4.75% | 4.789% | $5.22 |
| *The Annual Percentage Rate (APR) is based on a loan amount of $100,000; 0 points; 15 days prepaid interest, processing fee and flood zone determination. **Principal and interest payment per thousand borrowed, per month. Escrows may be required for tax and insurance premiums. Your actual monthly payment will be higher with taxes and insurance premiums included. The rates displayed above are for qualified borrowers on their primary residence. Rate premium and term limitations apply for other types of loans or properties. The maximum loan-to-value (LTV) is 80%. |
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Manufactured Homes on Land - 1st Lien
Loans available for purchase money, refinancing, home improvement, and more!
Rates subject to change without notice.
| Term | Rate | Annual Percentage Rate* | Monthly Payments Per $1000 Borrowed** |
|---|---|---|---|
| 5 Year | As low as 4.00% | 4.174% | $18.42 |
| 10 Year | As low as 4.25% | 4.343% | $10.25 |
| 15 Year | As low as 4.50% | 4.567% | $7.66 |
| 20 Year | As low as 5.25% | 5.308% | $6.74 |
| 25 Year | As low as 5.50% | 5.550% | $6.15 |
| *The Annual Percentage Rate (APR) is based on a loan amount of $100,000; 0 points; 15 days prepaid interest, processing fee and flood zone determination. **Principal and interest payment per thousand borrowed, per month. Escrows required for tax and insurance premiums. Your actual monthly payment will be higher with taxes and insurance premiums included. The rates displayed above are for qualified borrowers on their primary residence. Rate premium and term limitations apply for other types of loans or properties. The maximum loan-to-value (LTV) is 80%. |
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Land Loans
Loans available for purchase money, refinance, or equity.
20% down required on purchase transactions.
Rates subject to change without notice.
| Term | Rate | Annual Percentage Rate* | Monthly Payment Per $1000 Borrowed |
|---|---|---|---|
| 5 Year | As low as 4.00% | 4.342% | $18.42 |
| 10 Year | As low as 4.25% | 4.429% | $10.25 |
| 15 Year | As low as 4.50% | 4.625% | $7.66 |
| *The Annual Percentage Rate (APR) is based on a loan amount of $30,000, 0 points and processing fee. Rate and terms based on land for personal use. The maximum loan-to-value (LTV) is 80%. |
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Second Mortgage Loans
Fixed-rate home equity loans on borrower's primary residence.
Rates subject to change without notice.
| Term | Rate | Annual Percentage Rate* | Monthly Payment Per $1000 Borrowed |
|---|---|---|---|
| 5 Year | As low as 4.00% | 4.213% | $18.42 |
| 10 Year | As low as 4.25% | 4.362% | $10.25 |
| 15 Year | As low as 4.50% | 4.578% | $7.66 |
| *The Annual Percentage Rate (APR) is based on a loan amount of $50,000, 0 points, processing fee and flood zone determination. The maximum loan-to-value (LTV) is 80%. |
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Home Equity Loans
Use the equity in your home to help send your kids to college, do home repairs or even for that vacation that you have always dreamed about.
Borrow up to 80% of the appraised value of your home, less any loans on the property.
| Term | Index | Annual Percentage Rate* | Payment |
|---|---|---|---|
| Revolving | 3.25% | As low as 3.50%** | The greater of $50.00 or 1% of the outstanding balance as of last advance. |
| *Annual percentage rate as of 03/15/2020 **For eligible borrowers with qualified collateral. The rate may vary depending on borrower's credit score. 1. There is no minimum initial advance required. 2. Minimum Annual Percentage Rate (APR) of 3.50%. The maximum APR that may be imposed is 16%. 3. The APR may increase or decrease on the first of each month. The interest rate will equal to the lowest prime rate as published in the Wall Street Journal (the “Index”) plus a "Margin" as low as zero percentage points (0%). The interest rate will change whenever the Index changes. Changes in the interest rate will be calculated by taking the Index figure available on the 15th day of the preceding calendar month and adding to it the Margin stated above. This figure rounded to the nearest .25% will be the new interest rate effective until the next Change Date. |
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NMLS Information:
Sabattus Regional Credit Union Company Identifier: 407595
Lisa Hinkley, NMLS ID # 416768
Susan Bates, NMLS ID # 416769
Rachel Rac NMLS ID #1518317
Tiffiny Stewart, NMLS ID # 709209
