Mortgage Rates
Scoring System
Score |
Rating |
Rate |
A+ |
730 - Up |
Base Rate |
A |
729 - 680 |
Base Rate |
B |
679 - 640 |
Base Rate +.5 |
C |
639 - 600 |
Base Rate +1 |
D |
599 - 550 |
Base Rate +3 |
E |
549 - Below |
Base Rate +5 |
Loan Type |
Term in Months |
A+ |
A |
B |
C |
D |
E |
Base Rate APR* |
Base Rate APR* |
Base Rate +.5 APR* |
Base Rate +1 APR* |
Base Rate +3 APR* |
Base Rate +5 APR* |
1st Mortgage LTV<80% |
6 Year Balloon |
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1st Mortgage LTV<90% |
6 Year Balloon |
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*APR is the Annual Percentage Rate.
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|
Loan Type |
Term in Months |
A+ |
A |
B |
C |
D |
E |
Base Rate APR* |
Base Rate APR* |
Base Rate APR* |
Base Rate +1 APR* |
Base Rate +3 APR* |
Base Rate +5 APR* |
2nd Mortgage CLTV<70% |
To 36 |
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60 |
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6 Year Balloon |
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2nd Mortgage CLTV 71-90% |
To 36 |
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60 |
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6 Year Balloon |
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*APR is the Annual Percentage Rate.
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Loan Type |
Term |
APR* |
HELOC LTV<51% |
10 Year Draw |
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HELOC LT 51-70% |
10 Year Draw |
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HELOC LTV 71-90% |
10 Year Draw |
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*APR is the Annual Percentage Rate.
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Reduce Your Rate
Save even more when you establish a checking account and direct deposit with us!
- Reduce your rate by ½% with direct deposit and
automatic loan payments.
- Reduce your rate by ¼% when your loan payment
is deducted automatically.
- The rate reduction does not apply to any open-end loans,
(e.g. Kwik-Cash, HELOC’s, ect.)