Loan Rates



Mortgage / Real Estate Loans
Adjustable Rate Mortgage ("ARM") - 15-Year & 30-Year
First Mortgages
Rate APR*
3/1 ARM - 15-Year 2.625% 2.694%
3/1 ARM - 30-Year 2.625% 2.662%
5/1 ARM - 15-Year 2.875% 2.980%
5/1 ARM - 30-Year 2.875% 2.833%
7/1 ARM - 15-Year 3.125% 3.268%
7/1 ARM - 30-Year 3.125% 3.118%
The Adjustable Rate Mortgage loan offered by the Credit Union is amortized over 15 or 30 years. The initial interest rate is fixed for the first three, five or seven years of the loan, depending on which program you select. After the initial
fixed rate period, the interest rate charged will be based on an interest rate index ("index") plus a margin, rounded to
the nearest one-eighth of one percentage point (0.125%). The index is: The monthly average yield on United States
Treasury securities adjusted to a constant maturity of 1 year, as made available by the Federal Reserve Board. The
most recent Index figure available as of the date 45 days before each Change Date is called the "Current Index."

* If you’re shopping for an adjustable-rate mortgage, you may see that the APR is lower than the mortgage rate.
This is because lenders calculate the fully indexed rate (once it adjusts) by combining the margin and associated
mortgage index. And since mortgage indexes are so low at the moment, they assume you’ll have a lower rate once
the loan adjusts, which may or may not be the case. Don’t count on the fully indexed rate being lower, because rates
are historically rock-bottom and probably won’t stay that way for long.
APR = Annual Percentage Rate
Mortgage Loan rates and terms effective
currentDate
and are subject to change without notice. For new purchase loans, the maximum loan-to-value ratio is 89% (PMI required). For refinance loans with cash out, the maximum loan-to-value ratio is 75% based on appraised value. All rates apply to single family dwellings that are owner occupied. Closing costs are associated with this loan. The loan offered by the Credit Union is an Adjustable Rate Mortgage. After the initial fixed rate period has expired, the applicable interest rate and monthly payments will be adjusted annually based upon movements of an interest rate index. The amount of the initial monthly payments is based on an interest rate which may be less than the sum of the current index plus margin. The APR on an Adjustable Rate Mortgage may be lower than the mortgage rate. Based on current market conditions, the fully indexed rate (once adjusted) is calculated by combining the margin and associated mortgage index.The APR is based on loan amounts up to $417,000.00. The loan may be refinanced at any time. Loan approval subject to credit, income and property appraisal. Points and other fees may be associated with this loan.

> Early Adjustable Rate Mortgage "ARM” Disclosure Statement
> Consumer Handbook on Adjustable-Rate Mortgages

Fixed Rate Mortgages Rate APR
15-Year Mortgage, Fixed Rate 3.375% 3.444%
1st TD 30-Year Mortgage, Fixed Rate 89% LTV - One Point 4.375% 4.502%
30-Year Mortgage, Fixed Rate 4.375% 4.415%
APR = Annual Percentage Rate
Mortgage Loan rates and terms effective
currentDate
and are subject to change without notice. For new purchase loans, the maximum loan to value ratio is 89% (PMI required). For refinance loans with cash out, the maximum loan-to-value ratio is 75% based on appraised value. All rates apply to single family dwellings that are owner occupied. Closing costs are associated with this loan. The APR is based on loan amounts up to $417,000.00. The loan may be refinanced at any time. Loan approval subject to credit, income and property appraisal. Points and other fees may be associated with this loan.

Home Equity Line of Credit
Standard Variable Rate
Maximum Loan-to-Value
Minimum/Maximum Loan Amount
3.50% APR
80%
$5,000-$500,000
Get a 1/4% discount if your mortgage/1st Trust Deed is with Christian Community Credit Union
 
*APR = Annual Percentage Rate effective
currentDate
and is subject to change without notice.
This is an open-end line of credit secured by the equity in your home. The rate is variable and is based on The Wall Street Journal Prime Rate plus a margin of .25% to .50% depending on loan-to-value. The rate is adjustable monthly with a floor APR of 3.50% and a maximum APR of 18.00%. Fees associated with this loan: Appraisal fee and title fee varies; sufficient fire insurance is required and flood insurance if required. One time membership fee of $5 will be added to your loan for new loan members only.

New and Used Car Loans
As low as 1.99% APR for loans of $10,000 or more
This is a fixed rate loan with a $10,000 minimum. Monthly payment for $10,000 on 90% financing for 60 months at 1.99% APR would be $175.23. Rates are based on credit rating. For new auto loan member only, a one time $5 membership fee will be added to your auto loan. 1.99% APR does not apply to existing Christian Community Credit Union loans.
As low as 6.00% APR for loans under $10,000
Rates are based on credit rating. For new auto loan member only, a one time $5 membership fee will be added to your auto loan. Christian Community Credit Union auto loans are not eligible for refinancing. New members that joined the Credit Union within the last 6 months get an additional .25% discount.

Personal Credit Line as low as 5.10% APR
This is an open-end line of credit with payments of 3.5% of the outstanding balance. Rates are variable and tied to the 26-week T-Bill with a maximum APR of 18%. A one time $5 membership fee will be added to your loan for new loan only members. Rate effective 1/1/2013 - 6/30/2013

Shared Secured Loans as low as 3.20% APR
Share secured loan rate is variable and will be charged 3% above the share rate paid by Christian Community Credit Union, rounded to the nearest 1/10 percentage point. Subject to change without notice.

APR = Annual Percentage Rate and is accurate as of
currentDate

   

 

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