Mortgage Rates

We offer a wide range of programs that can fit your needs

Apply for a Loan Contact Us

Purchasing or refinancing
Jumbo & Investment loans
Personalized Service

Purchasing or refinancing

Jumbo & Investment loans

Personalized Service

Big purchases and big decisions can be stressful

We make it easier at WCCU. Our experts will explain everything, answer all your questions and match you to the loan that fits your needs.

MORTGAGE RATES

Fixed Rate Mortgages

(Loan amounts up to $647,200)

Term	Interest Rate	APR*	Monthly Payments per $1000 Borrowed
15 years	4.625%	4.745%	$7.78
20 years	4.750%	4.845%	$6.52
30 years	5.000%	5.070%	$5.42

Adjustable Rate Mortgages

Program	Term	Interest Rate	APR*	Monthly Payments per $1000 borrowed
5/1 Mortgage**	30 years	3.625%	4.994%	$4.57
7/1 Mortgage****	30 years	3.750%	4.830%	$4.64
10/1 Mortgage***	30 years	3.875%	4.620%	$4.71

^{*The interest rates, annual percentage rates (APRs), and discount points are subject to change without notice. APR is based on 40% equity and a credit score of 740 or greater. Loan amounts up to $548,250. 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 ten years, the APR, interest rate, principal, and interest payment will adjust based on market-driven changes to the U.S. 1 Year Treasury Constant Maturity 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. 1 Year Treasury Constant Maturity 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. Other restrictions may apply. WCCU NMLS ID # 518892.}

Refi Home Loan

Program	Term	APR*	Monthly Payments per $1000 borrowed
8 Year Refi Home Loan	8 years	3.625%	$12.02
12 Year Refi Home Loan	12 years	3.750%	$8.625
17 Year Refi Home Loan	17 years	4.375%	$6.96

^{*Annual Percentage Rate (APR) subject to change without notice. Rates shown require an “A” credit score of 680 or above. Rate also reflects a 0.75% point interest rate reduction for automatic loan payments deducted from an “active” WCCU Checking Account (“active” Checking is 6 transactions or more per month and Direct Deposit) which must be scheduled at the time of loan closing. If the above requirements are not met, discount will not apply, and 0.75% will be added to the rate. Owner occupied only. Minimum loan amount is $10,000. Maximum loan amount is $350,000. 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. Requires First Lien Position. 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.}

Westerly Community Credit Union is a full-service credit union with Rhode Island branches in Westerly, Richmond, Wakefield, and Coventry.