Mortgage Loan Rates

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

LOAN TERM RATE APR1POINTS
15 Year Fixed 5.125%5.424%1.000%
30 Year Fixed 5.625%5.804%1.000%
30 Year Fixed First Time Homebuyers6.875%6.973%0.000%

Rates accurate as of February 3, 2023 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 5.125%, and an APR of 5.424% would result in 180 monthly principal and interest payments of $797.32.  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 5.625%, and an APR of 5.804%, would result in 360 monthly principal and interest payments of $575.66. 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 6.875%, and an APR of 6.973%, would result in 360 monthly principal and interest payments of $862.22.  Payment does not include amounts for taxes and insurance premiums.