APR = Annual Percentage Rate. The APR is the measure of the annual cost of the loan and includes the loan’s interest rate, private mortgage insurance (if applicable), points (if applicable), and certain fees associated with the loan.
The interest rates and APRs listed above are effective as of
05/15/2025 and are subject to change.
All loans are required to maintain appropriate hazard insurance and may require additional flood insurance.
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This rate sheet is not a credit decision or a commitment to lend and your interest rate and APR will depend on various factors including the type of loan, your credit profile, property value, occupancy, loan size, etc. Rates and product availability may also vary based on the State or region in which your financed property is located. All loans are subject to credit approval, property approval, and membership eligibility. Rates are updated twice per day on our website; however, pricing is subject to change once you speak to a representative.
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A point is equal to one percent of the principal amount of your mortgage. For example, if you get a mortgage for $100,000, one point means you pay $1,000 to the lender.
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Stated APRs assume that the borrower has a credit score of 780 or higher and that the property is a single family primary residence.
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Payment amounts are based on a loan amount of $100,000 for all products except the Jumbo Fixed and Jumbo ARMs which are based on a loan amount of $1,000,000. Sample payments shown above include only principal and interest. Hazard insurance is required and flood insurance may be required if the property is located in a flood zone. Payments do not include amounts for property taxes and insurance premiums. Actual payments may be higher. The sample payments assume certain loan conditions such as, an owner-occupied purchase (refinance rates may be subject to higher rates) of a single family detached residence with a down payment or equity of 20%, and a minimum credit score of 780. If your down payment or equity is less than 20%, private mortgage insurance (PMI) will be required, which will increase the monthly payment and APR. The payment examples also assume there are no other loans or liens on the subject property. Maximum loan limits may apply. Additional rates and programs are available.
Adjustable Rate Mortgage (ARM) loans have an initial fixed APR for a specified period of time and an adjustable (variable) APR for the remainder of the loan. The variable APR is based upon an index plus a margin. The APR will vary with a predetermined index known as the Constant Maturity Treasury Index CMT. Once the APR becomes variable, the rate may fluctuate up or down and your monthly payment will adjust according to the variable rate.
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Terms and rates specific to Equity products
Flexity Line of Credit
Variable Annual Percentage Rate (APR) for first and second lien position home equity lines of credit will vary with the Prime Rate as published in the Wall Street Journal. As of
05/15/2025, the variable rate for new Flexity home equity lines of credit are Prime - 0.250% to Prime + 4.375% (7.250% APR to 11.875% APR). Your rate will not exceed 18.000% APR. Making minimum interest-only payments will not pay down your principal balance. An annual fee of $100 will apply every year after the first year from the date of funding. Flexity HELOCs allow you to lock-in up to three, fixed-rate loans under one line of credit. Your first fixed rate lock is free, each additional rate lock is $25.
Non-Flexity Line of Credit
Variable Annual Percentage Rate (APR) for first and second lien position home equity lines of credit will vary with the Prime Rate as published in the Wall Street Journal. As of
05/15/2025, the variable rate for new Non-Flexity home equity lines of credit is Prime – 0.375% to Prime + 4.250% (7.125% APR to 11.750% APR). Your rate will not exceed 18.000% APR. Making minimum interest-only payments will not pay down your principal. An annual fee of $100 will apply every year after the first year from the date of funding.
Fixed Home Equity Loans are available for first and second lien positions and have a fixed APR for the life of the loan. APR calculation assumes a combined loan-to-value of 80%. The 30-Year fixed rate loan due in 15 Years will have a monthly payment calculated using a 30-year amortization period with a balloon payment due in 15 years (180 months). The 30-Year Fixed Home Equity Loan Due in 15 Years will result in an estimated balloon payment of $ $88,777.29 after 180 monthly payments.
