REFINANCE YOUR MORTGAGE
Whether you'd like to free up some money in your budget by lowering your monthly payments or pay off your mortgage faster, refinancing your home with a lower rate might be a good option for you. Discover how much you can save by using our calculator or by talking to one of our experienced Mortgage lenders. Call 888.222.8571 Option 5.
Terms and Conditions
APR- Annual Percentage Rate.
Mortgages available only to members and only for properties located in the following states: Illinois, Indiana, Michigan, New Jersey, New York, Pennsylvania, Wisconsin.
All Selfreliance FCU loan programs, rates, terms and conditions are subject to change at any time without notice.
*All home lending products are subject to credit and property approval. The rate you receive will be based upon occupancy, collateral and loan characteristics.
**Payment examples are for illustrative purposes only, the actual rates you receive may be different. Examples do not include property taxes and/or insurance premiums, the actual payment will be greater when such items are included.
Adjustable Rate Mortgage
After the initial fixed rate period of either 5 or 7 years, the interest rate and monthly payment may adjust annually based on the weekly average yield on United States Treasury securities adjusted to a constant maturity of 1 year (the index) plus a margin of 2.50 percentage points with a 2% annual change cap and a 5% life time cap. The stated Annual Percentage Rates (APRs) are all based on $100,000 mortgages
Fixed Rate Mortgage
Mortgages available only for the following owner-occupied properties: single family residences, qualified condominiums or multi-family structures with no more than four units and up to 80% LTV. Mortgages with down payments as low as 5% (up to 95% LTV) are available only for the following owner-occupied properties: single family homes and multi-family structures up to 2 units and will require private mortgage insurance (PMI). Subject to approval of application. The stated Annual Percentage Rates (APRs) are all based on $100,000 mortgages.