Rates are effective as of and are subject to change without notice.
Save money and have more time for the things you enjoy in life. Finance your home with an affordable loan from a lender you can trust.
| For the first 10 years, Member may make interest-only payments. Thereafter, payments are fully amortizing and adjusted with each annual interest rate adjustment. Owner-occupied, 1-4 unit single family residences. For Conforming loans up to $417,000 for 1-Unit, or 2-Units up to $533,850, 3-Units up to $645,300 or 4-Units up to $801,950, additional adjustments apply for features such as, but not limited to: Property Type, Loan Purpose, Credit Score, Type of Financing, or LTV/CLTV. (Visit our Mortgage Center for details.) For Jumbo loans, additional adjustments apply for features such as, but not limited to: Property Type, Loan Purpose, Credit Score, Type of Financing, or LTV/CLTV. (Visit our Mortgage Center for details.) |
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APR=Annual Percentage Rate
All RESET products offer 30 Year terms; the 5/1 Reset for conforming loans is also offered at a 15 Year term.
Interest Rate Locks: The above ARM & RESET loan terms are subject to change without notice until Member qualifies for and agrees to a rate lock.
90 Day Rate Locks Available - .250% loan discount fee required up front - non-refundable.
Minimum Loan Amount for No Fee option is $150,000
On No Fee loans, Member pays normal prepaids and reserves, but lender fees are reduced - see Good Faith Estimates for details.
**APR=Annual Percentage Rate. APRs are based on a loan amount of $100,000 - 80% LTV-refinance
As of 11/14/2008, the Weekly Average Yields on Constant Maturity Treasury Indices ("CMT") are: 1 Yr CMT = 1.12%
Rates and policies are subject to change without notice.
Redwood Credit Union Member deposit accounts are Federally insured up to $100,000 by the National Credit Union Administration (NCUA)
