Loan Rates
{"items":[{"heading":"Home Buying Seminar","startDate":"August 3 at 2:02pm ET","url":"/resources/seminars-events/tennessee/home-buying-seminar","summary":"October 20, 2022
6PM EST
Presented Virtually via WebEx
Click to Register","lat":"","lng":""},{"heading":"Construction Seminar","startDate":"August 3 at 2:07pm ET","url":"/resources/seminars-events/texas/construction-seminar-(1)","summary":"October 18, 2022
6PM CST
Presented virtually via WebEx
FOR MEMBERS RESIDING IN TEXAS ONLY
Click to Register
","lat":"","lng":""},{"heading":"Estate Planning Basics","startDate":"August 3 at 3:19pm ET","url":"/resources/seminars-events/tennessee/estate-planning-basics","summary":"October 25, 2022
6PM EST
Presented Virtually via WebEx.
Click to Register.
","lat":"","lng":""},{"heading":"Social Security","startDate":"August 3 at 3:20pm ET","url":"/resources/seminars-events/tennessee/social-security","summary":"November 8, 2022
6PM EST
Presented Virtually via WebEx
Click to Register","lat":"","lng":""},{"heading":"Shred Day - Kingsport, TN","startDate":"October 15 at 8:00am ET","url":"/resources/2022-shred-days/tennessee-shred-days/shred-day-kingsport,-tn-(2)","summary":"October 15, 2022 – 8AM -12PM or until trucks reach maximum capacityMeadowview Branch
2021 Meadowview Lane
Kingsport, TN 37660","lat":"","lng":""},{"heading":"Shred Day - Longview, TX","startDate":"October 21 at 8:21am ET","url":"/resources/2022-shred-days/texas-shred-days/shred-day-longview,-tx","summary":"October 21, 2022 – 1PM to 5PM or until trucks reach maximum capacityPine Tree Branch
2002 West Loop 281
Longview, TX 75604","lat":"","lng":""}]}

Mortgage Loan Rates

Check out ECU's great rates on a Mortgage Loan to fit your needs. 

LOAN TERM RATE APR1POINTS
15 Year Fixed 6.000%6.307%1.000%
30 Year Fixed 6.375%6.562%1.000%
30 Year Fixed First Time Homebuyers7.625%7.727%0.000%

Rates accurate as of October 6, 2022 and are subject to change.

1 APR refers to Annual Percentage Rate. Your rate may be higher depending on credit history and underwriting criteria. Certain restrictions may apply.

Example: 15-year fixed rate loan with Purchase Price of $125,000 with a 20% down payment,  Loan Amount of $100,000, paying 1.00 Origination Point with an annual interest rate of 6.000%, and an APR of 6.307% would result in 180 monthly principal and interest payments of $843.86.  Payment does not include amounts for taxes and insurance premiums.

Example: 30-year fixed rate loan with Purchase Price of $125,000 with a 20% down payment, Loan Amount of $100,000, paying 1.00 Origination point with an annual interest rate of 6.375%, and an APR of 6.562%, would result in 360 monthly principal and interest payments of $623.87. Payment does not include amounts for taxes and insurance premiums.

Example:  30-year fixed rate First Time Home Buyers loan with Purchase Price of $125,000 and a loan amount of $131,250 (includes 5% in closing costs) with an annual interest rate of 7.625%, and an APR of 7.727%, would result in 360 monthly principal and interest payments of $928.98.  Payment does not include amounts for taxes and insurance premiums.