Home Loan Rates | American First Credit Union

Home Loan Rates | American First Credit Union

The interest rates, annual percentage rates (APRs) and points shown are subject to change without notice. Your APR will vary based on your final loan amount and finance charges. Home Loan rates shown include a .25% discount for automatic payments. Without automatic payment the rate will be increased by .25%. American First Credit Union rates are based on purchases, no cash out refinances and cash out refinances up to 60% loan to value (LTV). Above quoted rate, points and APR may vary based on several factors including, but not limited to, state of property location, loan amount, documentation type, loan type, occupancy type, property type, LTV and your credit score. Payments do not include amounts for taxes and insurance premiums and actual obligation may be greater. Your final rate and points may be higher or lower than those quoted based on information relating to these factors, which may be determined after you apply. To get a custom quote based on your specific situation or if you would like an extended lock period of more than 45 days, contact an American First Real Estate Loan Officer at 800.290.1112.

For the Adjustable-Rate Mortgage (ARM) product, interest is fixed for a set period of time, and adjusts periodically thereafter. At the end of the fixed-rate period, the interest and payments may increase. The APR may increase after the loan consummation. 

Rates shown are not available in all states. 

Loan Payment Examples:

Conforming Fixed-Rate: Payment examples are based on 60% LTV with a $300,000 loan and a home value of $500,000.

  • 30-year fixed rate: Monthly payments would be $1,245.00 for 360 months.
  • 15-year fixed: Monthly payments would be $2,019.00 for 180 months. 

Super Conforming Fixed-Rate: Payment example is based on 60% LTV with a $600,000 loan and a home value of $1,000,000. 

  •  30-year super conforming fixed-rate: Monthly payments would be $2,490.00 for 360 months.

Conforming Adjustable Rate Mortgage (ARM) Rates (Start rate is floor rate): Payment examples are based on 60% LTV with a $300,000 loan and a home value of $500,000.

  • 3/1 ARM: Monthly payments would be $1,389.00 for 360 months.
  • 5/1 ARM: Monthly payments would be $1,245.00 for 360 months.
  • 7/1 ARM: Monthly payments would be $1,266.00 for 360 months.
  • 10/1 ARM: Monthly payments would be $1,305.00 for 360 months.

Super Conforming ARM Rates (Start rate is floor rate): Payment examples are based on 60% LTV with a $600,000 loan and a home value of $1,000,000.

  • 3/1 ARM: Monthly payments would be $2,778.00 for 360 months.
  • 5/1 ARM: Monthly payments would be $2,490.00 for 360 months.
  • 7/1 ARM: Monthly payments would be $2,532.00 for 360 months.
  • 10/1 ARM: Monthly payments would be $2,610.00 for 360 months.

Home Equity Line of Credit and All Equity Loan Rates: Includes a $75 annual fee, waived the first year of the loan and with a minimum average balance over $50,000 for any subsequent years. The rate will never exceed 18% APR, or applicable state law, or below 3.25% APR. Maximum loan amount (up to $250,000) based on individual credit profile. Certain restrictions apply. All Equity Loan not available in TX, TN, IL and GA. HELOC only available in AZ, CA, NV, ID, UT. For loans 80% LTV or greater, please call for a quote.

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