Mortgage Rates

Home Equity Loan Sale and Gift Card Promotion!

Rates as low as 3.75% APR!!!

Variable Home Equity Line of Credit -3.75% Introductory Rate (rate is good for 9 months and will revert back to Prime Rate minus 1.00% thereafter).

Current prime rate is 5.00%.

Back by popular demand is NAPUS FCU’s Give your home a Spring Makeover Gift Card promotion! Finance a Home Equity for $10,000 or more and recieve a gift card for either $50 or $100 depending on the amount financed. You get to choose from Home Depot, Lowes, and A NAPUS FCU Pre-Loaded Debit card!

Fixed Rate Home Equity Loan Sale Rates

Product APR
20 Yr Fixed Rate Home Equity 6.25%
15 Yr Fixed Rate Home Equity 6.00%
10 Yr Fixed Rate Home Equity 5.75%
6 – 9 Year Fixed Rate Home Equity 5.50%
5 Yr Fixed Easy Equity 5.00%
5 Year Balloon Home Equity 5.25%

* Maximum loan to value up to 90% for qualified borrowers. Investment Properties up to 75% loan to value; maximum terms of 15 years.

First Mortgages

All rates are effective as ofTuesday, September 30, 2008 and are subject to change daily. Rates are based on a 30 day lock.

Maximum conforming loan amounts of $729,750 in qualifying areas. Call for details.

40 Year Fixed Rate – Conforming Loan Amounts up to $417,000

Rate Points APR
7.125 0.00 7.212
7.000 0.50 7.130
6.875 1.00 7.047
6.750 1.50 6.964
6.625 2.00 6.880
6.500 2.50 6.796
6.375 3.00 6.712

30 Year Fixed Rate – Conforming Loan Amounts up to $417,000

Rate Points APR
6.375 0.00 6.471
6.250 0.50 6.394
6.125 1.00 6.316
6.000 1.50 6.238
5.875 2.00 6.159
5.750 2.50 6.081
5.625 3.00 6.001

20 Year Fixed Rate – Conforming Loan Amounts up to $417,000

Rate Points APR
6.375 0.00 6.502
6.250 0.50 6.440
6.125 1.00 6.378
6.000 1.50 6.316
5.875 2.00 6.254
5.750 2.50 6.192
5.625 3.00 6.130

15 Year Fixed Rate – Conforming Loan Amounts up to $417,000

Rate Points APR
6.000 0.00 6.157
5.875 0.50 6.111
5.750 1.00 6.065
5.625 1.50 6.018
5.500 2.00 5.972
5.375 2.50 5.926
5.250 3.00 5.880

5/25 Balloon Rate – Conforming Loan Amounts up to $417,000

Rate Points APR
Not Available

7/23 Balloon Rate – Conforming Loan Amounts up to $417,000

Rate Points APR
Not Available

3/1 YR ARM – Conforming Loan Amounts up to $417,000

NON-CONVERTIBLE 2/2/6 MARGIN 2.75

Rate Points APR
Not Available

5/1 YR ARM – Conforming Loan Amounts up to $417,000

NON-CONVERTIBLE 2/2/5 MARGIN 2.75

Rate Points APR
Not Available

30 Year Fixed Rate Jumbo – Conforming Loan Amounts from $417,001.(From $729,751 in qualifying areas.)

Rate Points APR
6.625 0.00 6.723
6.500 0.50 6.646
6.375 1.00 6.569
6.250 1.50 6.491
6.125 2.00 6.414
6.000 2.50 6.336
5.875 3.00 6.257

100% LTV – PURCHASE

Rate Points APR
Not Available 0.00
Rates are based on an LTV of 80% and owner occupied properties. Rates and terms may differ and rate adjustments may apply based on the qualifications of each member’s credit history and income, loan-to-value (LTV), occupancy, loan purpose, payment type and loan amount. All APRs include a 1.00% origination fee. APR calculations are based on loan amount up to $417,000 plus points. APR calculations for jumbo loans are based on loan amount over $417,001 plus points. Private Mortgage Insurance is required for all loans above 80% loan to value. A charge of $50.00 for all pre-approvals.*

Primary Residential Properties:

Purchases are available for up to 95% maximum financing on Single Family Dwellings for qualified borrowers; 90% on all condos; 75% on 1-4 Unit Dwellings. Refinances are available for up to 90% maximum financing. Cash-out refinances between 70.01% and 80.00% require an additional 0.50 discount point. Cash-out refinances between 80.01% and 90.00% require an additional 0.75 discount point.

Investment Properties:

Purchases are available for up to 90% maximum financing. Cash out refinances are available for up to 85% maximum financing some restrictions apply. Contact the Credit Union for details. Interest rates will be 1% higher than 15, 20, 30 years conventional rate.