3% Down: Sample loan amount of $424,100 based on purchase of a single family residence at 97% loan-to-value with a 5.012% APR and an interest rate of 4.250%. Monthly principal, interest and PMI payment of $2,270.10 for 360 months. Down payment of 3% from borrower’s own funds, grant or gift. Rates shown are for highly qualified borrowers; initial rate received may be different based on credit history. Fees and charges apply to the loan and are subject to change without notice. Other conditions, restrictions, and terms may apply. Available in all states except AK, HI, ID, MA, NH, NY and VT. Other terms also available. Effective 3/2/17. APR = Annual Percentage Rate.
*$300 Off: Must apply for a 1st mortgage pre-approval or home loan within 30 days of: (1) new membership; or (2) attendance at an FPCU seminar event (event registration required). Credit will be applied when the loan funds. Discount valid in California, Michigan and Colorado for conventional loans only. Not valid for government (FHA/VA) loans. NMLS #401427
$0 Closing Costs Promotion: FPCU will pay for certain non-recurring closing costs up to a maximum of $10,000. This does not include pre-paid interest, homeowner and other insurance premiums, owner’s title insurance or city/county transfer taxes. Reimbursement of closing costs paid by FPCU may be required if the loan is paid off within 36 months of origination. Other limitations apply. Call for details. This program is for owner-occupied, primary residential purchases and external, no cash-out refinances only. California properties only. Subject to approval. NMLS# 401427
30-year fixed rate loan payment example: 3.500% interest rate with 0 points, 3.589% APR, loan amount of $417,000, payments for months 1 -359 would be $1,872.52 with one final payment of $1,870.20. Example based on owner-occupied, single family residence, no cash out refinance in California. Additional terms at this rate are based on a 60% Loan to Value ratio and 740 representative credit score. Loans subject to borrower and property qualifications, not all applicants may be approved. Rate and terms as of February 12, 2016; subject to change without notice.