Mortgage Loan Rates

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

LOAN TERM RATE APR1POINTS
15 Year Fixed 6.375%6.685%1.000%
30 Year Fixed 6.875%7.068%1.000%
30 Year Fixed First Time Homebuyers8.125%8.230%0.000%

Rates accurate as of November 29, 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 6.375%, and an APR of 6.685% would result in 180 monthly principal and interest payments of $864.25.  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 6.875%, and an APR of 7.068%, would result in 360 monthly principal and interest payments of $656.93. 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 8.125% and an APR of 8.230%, would result in 360 monthly principal and interest payments of $974.53.  Payment does not include amounts for taxes and insurance premiums.