WHAT OUR MEMBERS SAY
WHAT OUR MEMBERS SAY
About SchoolsFirst FCU

“The Credit Union has something for everyone, from someone who is financially savvy to a person who just needs basic services.”


– Amy C.
Member Since 2010

About SchoolsFirst FCU
MOST POPULAR CONTENT
MEMBER FAVORITES Personal Loan
Branch & In-Store Branch Services
Financial Wellness & Education
Fixed & Variable Annuities
BalanceTrack Checking Management
30-Year Fixed Mortgage
30-Year Fixed Mortgage

 

Planning to stay in your home for a while? A 30-year term provides lower monthly payments than a shorter-term loan, and the fixed interest rate resulting in a consistent monthly payment.  

Features

  • Down payment as low as 3%
  • A lower payment (compared to a 15- or 10- year term)
  • Rate lock that covers the period between credit approval and closing1

Benefits

  • A set payment that won’t fluctuate over time
  • Low payment often makes qualifying easier for those on a budget
  • No prepayment penalty

  • Ask about our School Employee Mortgage Program with special benefits for school employees


Other Loan Options

15-Year Fixed Mortgage
10-Year Fixed Mortgage
Adjustable-Rate Mortgages
 

Apply Now

Online

Complete an Online Application

 

Call

Call 

800.462.8328 ext. 8288
Monday through Friday, 8 a.m. - 7 p.m.
Saturday, 9 a.m. - 3 p.m.

 

 

"Conforming" loans meet the loan limits and terms set by the Federal Housing Finance Agency (FHFA). In most of the US, the maximum conforming loan is $484,350. Loans above that amount are considered "jumbo" loans.

Refinance Rates 

 

30-Year Fixed (Conforming)
Loan amounts from $50,000 - $484,350

 

Interest Rate Annual Percentage Rate (APR)2 Points Estimated Payment Per $1,000 Borrowed2
3.625% 3.77% 1.000 $4.56
3.875% 3.94% 0.000 $4.70
4.125% 4.11% -1.000 $4.85

 

30-Year Fixed (Jumbo)3

Loan amounts from $484,351 - $2,000,000

 

Interest Rate Annual Percentage Rate (APR)2 Points Estimated Payment Per $1,000 Borrowed2
3.500% 3.64% 1.000 $4.49
3.750% 3.81% 0.000 $4.63
4.000% 3.98% -1.000 $4.77

 

Purchase Rates 

 

30-Year Fixed (Conforming)
Loan amounts from $50,000 - $484,350

 

Interest Rate Annual Percentage Rate (APR)2 Points Estimated Payment Per $1,000 Borrowed2
3.500% 3.64%
1.000
$4.49
3.750% 3.81% 0.000 $4.63
4.000% 3.98% -1.000 $4.77

 

30-Year Fixed (Jumbo)3

Loan amounts from $484,351 - $2,000,000

 

Interest Rate Annual Percentage Rate (APR)2 Points Estimated Payment Per $1,000 Borrowed2
3.375% 3.51% 1.000 $4.42
3.625% 3.68%
0.000
$4.56
3.875% 3.85% -1.000 $4.70

 

 

Disclosures

All loans subject to approval. Rates, terms, and conditions are subject to change.
 

The interest rates, points, and APRs listed above are effective as of date are subject to change, and examples of the loan pricing offered for a particular product. Loan pricing that you may qualify for can be different based on your credit history, loan-to-value (LTV), occupancy, property type, loan amount, loan purpose, and income/financial obligations. A minimum credit qualifying score is required. Payment examples do not include the cost of property taxes or insurance, so the actual payment obligation will be greater. Rates and programs are subject to change without notice. 

 

160 days maximum from request of rate lock. See our “Rate Lock Information” for terms and conditions. Not applicable to loan pre-approvals without property selected.
 

2The APRs and estimated payments are based on a loan amount of $350,000. APRs include an estimate of 30 days of prepaid interest. All loans subject to approval.

 

3Loans above the conforming loan limit are known as "jumbo" loans. Loan Amounts up to $850,000 available at down payments as low as 5%; Loan Amounts up to $2 million require larger down payments. Private Mortgage Insurance (PMI) is required for down payments less than 20%.  Condominium subject to additional rate adjustment.

Retrieved 1020 rate items for RECODE from the database.
PAGE data created:: appKey[b20140806_30_year_fixed_mortgage] timeToExpire[15]
Rates.jsp [content_generated] cacheDuration[15min] cacheTime[09/16/2019 19:46:00 pm] appKey[b20140806_30_year_fixed_mortgage]
NOT A MEMBER?
NOT A MEMBER?
RELATED CONTENT
RELATED CONTENT
Apply for a Loan •  Apply for a Loan
 
 
Apply For a Home Loan •  Apply for a Home Loan
 
 
Workshops •  Workshops
 
 
Retirement & Investment Forms •  Retirement & Investment Forms
 
 
Statement of Fees •  Statement of Fees
 
 
Calculators •  Calculators
REFER A FRIEND
REFER A FRIEND