Borrow local and save!
You can save up to $2,000 in closing cost when you apply for your home loan by June 30, 2024.¹ Save time and money by keeping your finances under one roof, including getting your next mortgage with us!
| Fixed-Rate Mortgage2 | Adjustable Rate Mortgage3 | |
|---|---|---|
| Terms | 10, 15, 20 and 30-year | 5/6 and 7/6and Jumbo |
| Loan Type | Conforming, High Balance4 and Jumbo | Conforming, High Balance4 and Jumbo |
| Interest Rate | Fixed | Adjustable |
| Prepayment Penalties | None | None |
| Pre-qualifications available | Yes | Yes |
Ready to buy your new home?
We have the home-buying options you need.
View our rates and loan options.
Find the best option for you.
Experienced Professionals.
Buying a home is among the biggest and most important purchases you will make in your lifetime, so it is important to know what you are getting into. Our local, experienced mortgage professionals will lead you through the home-buying experience, caring about your unique situations and needs.
To be contacted by an UNCLE mortgage specialist, complete the form below.
1. Up to $2,000.00 credit toward closing costs on new first mortgages originated and funded through UNCLE Credit Union. Offer not available on UNCLE-to-UNCLE refinances. Offer may not be redeemed for cash or equivalent. Offer available on approved funded loans from applications received from April 1, 2024, through June 30, 2024. Exact amount of closing cost credit depends on closing costs incurred, not to exceed $2,000.00. Speak with an UNCLE mortgage consultant for more details. All loans subject to credit approval.
2. Advertised loans assume properties in CA, as well as escrow accounts (monthly collection of subject property taxes and any applicable homeowners insurance with your monthly principal and interest payment) unless you request otherwise and the loan program and applicable law allows. Should you choose to waive escrows, your rate, costs, and/or Annual Percentage Rate (APR) may increase. This is not a credit decision or a commitment to lend. Mortgage insurance may be required depending on loan guidelines. If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available. Maximum CLTV for rate & term refinances single family owner occupied, approved condominium, town home project is 80% when mortgage insurance is not obtained. Mortgage Insurance (MI) is required on all owner-occupied loans with greater than 80% CLTV. Maximum CLTV for non-owner occupied homes is 75% for 1 unit and 70% for 2-4 units.
3. Adjustable-Rate Loans: 5/6 ARM - Secured Overnight Financing Rate (SOFR) after the initial 5 years, the rate may adjust every 6 months by no more than 2%. The maximum lifetime adjustment is 5%. Maximum 97% LTV on conforming and high balance purchases and 97% LTV on refinances. 7/6 ARM - Secured Overnight Financing Rate (SOFR) after the initial 7 years, the rate may adjust every 6 months by no more than 5%. The maximum lifetime adjustment is 5%. Maximum 97% LTV on conforming and high balance purchases and 97% LTV on refinances.
4. High Balance Mortgages allow for higher loan limits beyond the $726,200 conforming limit up to $1,089,300 for high-cost areas as determined by the Federal Housing Finance Agency.
Equal Housing Lender. NMLS ID Number is 729232.
