Loan Rates

**The rates and Annual Percentage Rates (APRs) on the first mortgage loans are based on the following: $100,000.00 mortgage, 20% equity/down payment and 15 days prepaid interest. The APR will vary based on your final loan amount and finance charges. The actual interest rates and Annual Percentage Rates (APR) shown are subject to change without notice. The cost per thousand does not include Real Estate taxes and Insurance premiums. Actual payment may be higher. Fixed rate loans may be intended for sale in the secondary market and must meet investor guidelines. Homeowner’s insurance and flood insurance (if applicable) are required. Private Mortgage Insurance (PMI) is required if your down payment /equity is less than 20%. Rates posted are for purchase or refinance money, 1-4 family owner occupied properties. Maximum loan amount is $806,500.00**

Rates are subject to change at any time and may increase. Rates apply to loans up to $806,500.00 **APR – Annual Percentage Rate. The cost per thousand does not include Real Estate taxes and Insurance premiums. Actual payment may be higher.

Rates and Annual Percentage Rates are based on a 30 year term, $100,000.00 loan with 20% equity/down payment and 15 days prepaid interest for purchases and refinances.

Owner occupied 1- 4 family properties with loan to values over 80.00% require Private Mortgage insurance and are rate/term loans only. No cash-out over 80% on 5/1 and 7/1

***Rate Change Caps – This is the maximum amount interest rates on Adjustable Rate Loans can change up or down. The first number is the amount they can change up or down on the first adjustment date. The second number is the amount they can change each subsequent year on the anniversary date. The third number is the maximum total change, up or down, over the life of the loan. Since the index in the future is unknown, the first adjustment payments displayed are based on the current index plus the margin (fully indexed rate) as of the effective date above.

Minimum Loan Amount: $5,000.00 / Maximum Loan: $250,000.00 Combined Loan to Value (CLTV) not to exceed 80%

****First position lien Home Equity Fixed Rate Loan will be required to have Lender Title Insurance paid by the Member at closing****

Interest Rate/Annual Percentage Rate is 8.50%* *Rate is based on the highest Prime Rate published in the Wall Street Journal on the last business day of the month. Minimum Loan Amount: $10,000.00 / Maximum Loan: $250,000.00 Term: 10 year draw/10 year repayment Maximum Combined Loan to Value (LTV) 80% Investment & Secondary Homes: Prime +1%, 75% CLTV Max. 

• Homeowner's insurance is required. 
• This product has a variable rate and the rate may increase.
• The maximum APR that may be imposed is 18%

****First position lien Home Equity Line of Credit will be required to have Lender Title Insurance paid by the Member at closing***

Prepayment Penalty - During the first 3 years (36 months) of this agreement, if you refinance this line of credit at another financial institution or pay this loan off in full and close it out, you will be required to pay a prepayment penalty fee of $350.00. Penalty is waived if refinance with ACU

* Due to market fluctuations programs, rates and terms and conditions are subject to change without notice.