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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!

Mortgages Home Equity Calculators
Mortgage & Home Equity Rates

Mortgage & Home Equity Rates

Mortgages
Effective Date: Thursday, March 21st, 2019
ProgramTermInterest RateAPR*Monthly Payments per $1000 borrowed
Fixed Rate Mortgages*
(Loan amounts up to $484,350)
  15 years 3.875% 3.993% $7.34
  20 years 4.125% 4.218% $6.13
  30 years 4.125% 4.192% $4.85
Adjustable Rate Mortgages
5/1 Mortgage**
  30 years 3.750% 3.827% $4.64
7/1 First Time Homebuyer Mortgage***
  30 years 3.875% 3.952% $4.71
Purchase Special
  30 years 4.000% 4.066% $4.78

*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.

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Flex Equity Line of Credit
Effective Date: Thursday, March 21st, 2019
ProgramTermAPR*Loan SizeMonthly Payments per $1000 borrowed
Line of Credit        
    5.250% $15,000 - $99,999.99 varies
    5.000% $100,000 and above varies
Fixed Rate Advance
  5 years 3.200%   $18.08
  10 years 3.700%   $10.31
  15 years 4.250%   $7.79

*The Annual Percentage Rate (APR) is variable based on the Prime Rate as published in the Wall Street Journal on the last day of each billing cycle and tiered as follows: $15,000-$99,999.99 is Prime - 0.25%, $100,000 and over is Prime - 0.50%. APR will never be more than 18%. 1-4 family owner occupied properties only. 80% maximum combined loan to value. Minimum loan $15,000 (line of credit) $5,000 (fixed rate portion). Maximum loan is $350,000. The plan allows two fixed rate advances from your line at any given time during the 10 year draw period (15 years to repay). Fixed rate advance rates will be those in effect at time of draw. Flood insurance may be required. Property insurance is required. Consult a tax advisor about the deductibility of interest. Other restrictions may apply. A cancellation fee will apply for loans terminated within two years of origination date. Other rates and terms available. Available for new lines only. $50 annual fee will be waived for the 1st year. WCCU NMLS ID # 518892. 

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Home Equity Loan
Effective Date: Thursday, March 21st, 2019
ProgramTermAPR*Monthly Payments per $1000 borrowed
Fixed Rate Home Equity Loan
  5 years 3.250% $18.08
  10 years 4.375% $10.31
  15 years 4.750% $7.79
7 Year Home Equity Loan Special**
  7 years 3.375% $13.39
10 Year Home Equity Loan Special**
  10 years 3.625% $9.95
12 Year Home Equity Loan Special**
  12 years 3.990% $8.76
15 Year Home Equity Loan Special**
  15 years 4.250% $7.53
**First lien position only-other restrictions may apply.

*Annual Percentage Rate (APR) subject to change without notice. Rate requires 720+ credit score. Owner occupied only. 5-15 yr stated rates require member to have an "active" checking account ("active" checking is a minimum of six transactions per month and direct deposit). Minimum loan amount is $10,000. Maximum loan amount is $350,000. Not available for rewrite of current WCCU loans. Not available for New Purchases. Other rates and terms available. Maximum loan-to-value 80%. Other restrictions may apply. Flood insurance may be required. Property insurance is required. A termination fee not to exceed the lesser of $500 or 2% of the loan amount will apply for loans terminated within two years of origination date. Recording, trust review, and advisory fees apply where applicable. Consult a tax advisor regarding the deductibility of interest. WCCU NMLS ID # 518892.

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