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Real Estate Related Rates - Effective July 2008
Rates are subject to change without notice.
Call the Credit Union at 406-449-2680 or 1-800-624-2341 for more information about rates and fees.
Additional options for mortgage
| Home Equity Line of Credit: (See Fee Schedulefor applicable fees) |
| Terms |
Fixed APR |
Conditions |
| 180 months maximum |
6.49% |
Maximum loan-to-value 85%
Maximum loan $75,000
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| Daily periodic Factor 0.020548% Application Fee of $250.00 |
| Title 1 Home Improvement: (See Fee Schedulefor applicable fees) |
| Terms |
APR |
Conditions |
| 240 months maximum |
7.500% |
Maximum loan = $20,000 |
| Daily periodic Factor 0.020548% |
| Mortgages (See Fee Schedulefor applicable fees) |
| Terms |
Rate |
APR* |
Conditions |
| 12 year (144 months) |
6.125% |
6.750% |
Up to 80% of appraised value OAC (95% with Mortgage Insurance) |
| 15 year (180 months) |
6.250% |
6.750% |
Up to 80% of appraised value OAC (95% with Mortgage Insurance) |
| 20 year (240 months) |
6.500% |
7.000% |
Up to 80% of appraised value OAC (95% with Mortgage Insurance) |
| 25 year (300 months) |
6.750% |
7.250% |
Up to 80% of appraised value OAC (95% with Mortgage Insurance) |
| 30 year (360 months) |
6.750% |
7.250% |
Up to 80% of appraised value OAC (95% with Mortgage Insurance) |
Improved Land
(10 years) |
8.750% |
9.250% |
Improved defined as water, sewer & electric. 80% of appraised value |
Unimproved Land
(10 years) |
10.000% |
10.500% |
75% of appraised value |
| 2nd Mortgages (20 years max) |
8.500% |
9.000% |
$100,000 maximum: 1st and 2nd mortgage not to exceed 80% of appraised value- 1.25% origination fee plus all related costs |
Loan Payment Example: At 6.75% annual percentage rate (APR) for a 300 month term, monthly payments are calculated at $6.94 per $1,000.00 borrowed.
*Annual Percentage Rate based on $125,000 loan.
NOTE: We do not currently offer variable rate loans. All loan rates are fixed for the term of the loan.
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