Mortgage Loans

Whether you are buying your first home, moving on to something bigger to suit a growing family, downsizing for retirement, buying a vacation home or a rental property, Alden Credit Union is here to connect you with the right mortgage, at the right rate. Alden Credit Union has low mortgage rates to benefit you our owners/members. You will find competitive rates, appealing terms, excellent personal service, and a variety of loan programs that will serve your needs. Our 10, 15, 20, and 30-year mortgage loans all have fixed rates that may vary, based upon your risk score. Mortgage rates assume a first line mortgage on purchased or refinanced owner-occupied residences only, as well as new construction mortgages for owner occupied primary residence.

Apply for a Mortgage Loan

Our Mortgage Products Include:

  • 10 Year Fixed
  • 15 Year Fixed
  • 20 Year Fixed
  • 30 Year Fixed
  • 5/5 ARM No Boundary PLUS
  • 5/1 ARM
  • 7/1 ARM
  • 5/1 ARM First Time Homebuyer

We also offer:

  • FHA (Federal Housing Administration)
  • VA (Veterans Administration) loans
  • Construction Loans
    • Keep the same rate during construction
    • Fixed or Variable mortgages up to 30 years
    • A construction loan and a mortgage rolled into one

To speak with us or set up a meeting with one of our friendly loan consultants at our Chicopee or Belchertown office, or call us at 413-536-0475.

Alden Credit Union NMLS #690881

Fixed Rate Mortgage Loan Rates
Rates effective as of June 3, 2021
Term Points Interest Rate APR Payment per $1000
10 Year Fixed 0 2.375% 2.743% $9.37
15 Year Fixed 0 2.375% 2.627% $6.61
20 Year Fixed 0 2.750% 2.947% $5.42
30 Year Fixed 0 3.000% 3.141% $4.22
Adjustable Rate Mortgage Loan Rates
Rates effective as of March 22, 2021
Loan Type Initial/Annual/Life Rate Change Caps Margin/Index Interest Rate APR Payment per $1000
5/5 ARM No Boundary PLUS 2%/2%/6% 2.875% 1.75% 3.103% $3.57
5/1 ARM 2%/2%/6% 2.875% 2.490% 2.963% $3.95
7/1 ARM 2%/2%/6% 2.875% 2.625% 2.968% $4.02
5/1 ARM First Time Homebuyer 2%/2%/6% 2.875% 3.00% 4.031% $4.22

APR: Annual percentage rate