Are you looking for a new home? Home ownership is an exciting road to travel but also one that is difficult to navigate. Filer Credit Union offers a competitive mortgage program for buyers of all walks of life, and our Loan Officers pride themselves on their knowledge of the industry and commitment to finding the right home financing for the member. Our Mortgage Officers are not financial advisers, but they will help you determine an honest estimate for what you can afford using Filer’s standard lending policies.
They do all of this because they truly do work for the member (that’s you). It’s the credit union difference. Call 1-800-595-6630 to find out more. Loan terms are available at 10, 15, 20, and 30 years (with more options too).
To learn more about our Mortgage Officers, click here – Meet our Mortgage Officers.
Contact us today (231) 723 – 3400
loans@filercu.com
| Loan Type | Rate | APR | Term |
|---|---|---|---|
| Mortgage* | 2.40% | 2.584% | 10 Years (120 payments) |
| Home Equity Loan** | 3.95% | 3.953% | 10 Years (120 payments) |
| Home Equity Line of Credit*** | 3.75% | 3.75% | Varies |
**The APR is calculated on a $100,000, 10 year term. The monthly payment on this loan would be $1,010.13 before taxes and insurance. With those items, your actual payment obligation will be higher. This loan requires property insurance.
***Calculated on a $100,000 loan. Draws are amortized over 10 years. The initial payment on this loan would be $1,000.61. This is a variable rate loan equal to the highest prime rate published in the "Money Rates" table of the Wall Street Journal as of the first business day of the calendar month plus a margin of 0.5%. Rates can vary monthly. The rate can fluctuate between a minimum of 3.00% and a maximum of 16.00%. Additional fees that may apply after the APR range from $0.00 to $100.00. This loan requires property insurance.
Filer Credit Union does not charge points on any of its loan products.
