30 year fixed, 0 points 5.250%

30 year fixed, 1 point 5.000%

15 year fixed, 0 point 4.625% 

15 year fixed, 1 point 4.375%

5/1 LIBOR ARM, 0 points 4.250%

5/1 LIBOR ARM, 1 point 3.875%

Norbel Credit Union offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide:

Conventional Conforming Fixed Rate 1st Mortgage products (minimum loan amount $50,000), Jumbo Loans (over $417,000), Adjustable Rate Mortgages (ARM's).

 
30 Year Fixed Conventional Conforming
15 Year Fixed Conventional Conforming
5/1 LIBOR ARM

Rates last updated on Thursday, March 18, 2010

30 Year Fixed Conventional Conforming
Term: 30 years   Maximum Amount: $417,000
RatesPointsAPR
5%1%5.27%
5.25%0%5.431%
 

Standard purchase 80% loan to value or less, 1st Mortage only, minimum loan amount $50,000 up to $417,000. Different rates may apply depending on credit rating, Loan to Value (LTV), cash out refinance, or investment property etc.  Rates subject to change without notice.


15 Year Fixed Conventional Conforming
Term: 15 years   Maximum Amount: $417,000
RatesPointsAPR
4.375%1%4.832%
4.625%0%4.93%
 

Standard purchase 80% loan to value or less, 1st Mortgage only, minimum loan amount $50,000 up to $417,000. Different rates may apply depending on credit rating, Loan to Value (LTV), cash out refinance, or investment property etc.  Rates subject to change without notice.


5/1 LIBOR ARM

Standard purchase 80% loan to value or less adjustable rate mortgage, 1st Mortgage only, minimum loan amount $50,000 up to $417,000. Different rates may apply depending on credit rating, Loan to Value (LTV), cash out refinance, or investment property etc.  Rates subject to change without notice.

Term: 30 years   Maximum Amount: $417,000
RatesPointsAPR
3.875%1%6.37%
4.25%0%6.42%
 

Fixed rate for first 5 years, then will adjust each year after (up or down), up to a maximun of 5% over the start rate the first year, then a maximun of 2% in any year after, and a total of 5% for the life of the loan.




Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.