Mortgages & Home Equity
We've been helping members become home owners since we first opened our doors. Whether you are a first time buyer, planning on trading-up, or thinking of refinancing, we can help!
Fixed or Adjustable Rate Mortgages
We offer a choice of flexible fixed and adjustable rate mortgages. For the stability of fixed payments, you might prefer a fixed rate mortgage. For more flexibility, choose an adjustable rate mortgage (ARM). We can help determine which choice is best for you.
And that's not all! We offer a host of home financing programs and options including:
- Fixed and Adjustable Rates.
- Conventional Financing ($484,350 and lower).
- FHA/VA/USDA Financing (Federal Housing Authority/Veterans Administration/United States Department of Agriculture).
- Jumbo Financing ($484,351 and higher).
- First Time Homebuyer Programs (Fixed or Adjustable).
- & More!
Buying Your First Home?
WCCU can help eligible first-time homebuyers receive up to $2,000 each year!*
*Contact us to learn more about the FirstHomes Tax Credit Program!
To request an appointment or for more information, please contact:
Senior Mortgage Originator
NMLS ID # 529809
firstname.lastname@example.org (email) - please note email is not secure
Serving the Charlestown, Hopkinton, Westerly,
Stonington, North Stonington and New London County areas.
NMLS ID # 16862
email@example.com (email) - please note email is not secure
Serving the Narragansett, South Kingstown, North Kingstown and Richmond areas.
Richmond branch availability: Monday, Wednesday, Friday
South Kingstown branch availability: Tuesday, Thursday
|Effective Date: Thursday, March 21st, 2019|
|Program||Term||Interest Rate||APR*||Monthly Payments per $1000 borrowed|
|Fixed Rate Mortgages*|
(Loan amounts up to $484,350)
|Adjustable Rate Mortgages|
|7/1 First Time Homebuyer Mortgage***|
*The interest rates, annual percentage rates (APRs) and discount points are subject to change without notice. APR is based on 40% equity and credit score of 740 or greater. Your APR will vary based on your final loan amount and finance charges. All Mortgage rates listed are based on 0 discount points. The monthly amount shown includes principal and interest. Your actual monthly payment will be higher if an escrow/impound account is established. Property insurance (and flood insurance if applicable) required. **After the initial term of five years, the APR, interest rate, principal and interest payment will adjust based on market driven changes to the U.S. One Year Constant Treasury Rate – the “index” plus 2.75% - the “margin.” The maximum increase per adjustment period is 2% with a lifetime cap of 6%. Other restrictions may apply. ***After the initial term of seven years, the APR, interest rate, principal and interest payment will adjust based on market driven changes to the U.S. One Year Constant Treasury Rate – the “index” plus 2.75% - the “margin.” The maximum increase per adjustment period is 2% with a lifetime cap of 6%. Requires a minimum credit score of 720 with loan maximum of $484,350. Other restrictions may apply. WCCU NMLS ID # 518892.Go to main navigation