Cinfed Mortgage Loan Rates

Mortgage Loan Rates

A mortgage for your home is the beginning of a long-term relationship. Shouldn't you come to the people you know and trust....people like you find at your credit union? They're available to help you determine the mortgage that suits your requirements, and look after your interests for years to come.

> Mortgage Loan Application
> Home Equity Loan Rates

Cinfed Mortgage Loan Interest Rates

Rates accurate as of Sunday, Aug 1, 2010

FIXED RATE FIRST MORTGAGES
CONVENTIONAL PROGRAMS
Term	Rate	Points**	APR*
15 Year	4.125%	1.00%	4.4488%
15 Year	4.375%	None	4.5534%
30 Year	4.75%	1.00%	4.9394%
30 Year	5.00%	None	5.105%
80% maximum loan-to-value (LTV) with no cash-out; Rates higher for financing up to 90% LTV.
ALTERNATIVE PROGRAM
Mortgage Retirement Program
Term	Rate	Points**	APR*
5 Year	3.25%	None	3.25%
7 Year	3.75%	None	3.75%
10 Year	4.25%	None	4.25%
60% maximum loan-to-value (LTV).

NOTE: Rates are subject to change
* APR assumption based upon $100,000 loan amount
** Members may "Buy-down" their rate: 0.25%
Loan Amounts up to $417,000; Closing costs: approximately $1,200.00; No survey or title insurance required; Avoid PMI with LTV of 80% or less.

FIRST-TIME HOMEBUYER PROGRAM
3/1 ARM	As low as 4.50% APR*
No points. Only 5% down payment required. 95% financing. Rate locked-in at application. Closing cost approx. $1,200.00. Adjustment Period Cap: 2%. Cap over Term of Loan: 6%. Avoid PMI with LTV at 80% or less. Up to 30-Year Term. Rates adjust after 3 years, then each year there after. Actual rate depends on loan to value. Must meet First-Time Homebuyer qualifications.

ADJUSTABLE RATE FIRST MORTGAGES (ARMs)
1 Year ARM	As low as 4.00% APR*
1 YR Jumbo**	As low as 5.25% APR*
Rate will adjust annually
**Loans over $417,000

3/1 ARM	As low as 4.50% APR*
Rate will adjust after 3 years and each year thereafter.

5/1 ARM	As low as 4.75% APR*
Rate will adjust after 5 years and each year thereafter.
* Actual rate depends on loan to value; up to 90% financing; Closing costs approximately $1,200.00; Adjustment Period Cap: 2%, Cap over Term of Loan: 6%; Avoid PMI with LTV of 80% or less; 30-Year Amortization.

FIXED RATE FIRST MORTGAGES

CONVENTIONAL PROGRAMS

Term

Rate

Points**

APR*

15 Year

4.125%

1.00%

4.4488%

15 Year

4.375%

None

4.5534%

30 Year

4.75%

1.00%

4.9394%

30 Year

5.00%

None

5.105%

80% maximum loan-to-value (LTV) with no cash-out; Rates higher for financing up to 90% LTV.

ALTERNATIVE PROGRAM

Mortgage Retirement Program

Term

Rate

Points**

APR*

5 Year

3.25%

None

3.25%

7 Year

3.75%

None

3.75%

10 Year

4.25%

None

4.25%

60% maximum loan-to-value (LTV).

NOTE: Rates are subject to change

* APR assumption based upon $100,000 loan amount

** Members may "Buy-down" their rate: 0.25%

Loan Amounts up to $417,000; Closing costs: approximately $1,200.00; No survey or title insurance required; Avoid PMI with LTV of 80% or less.

FIRST-TIME HOMEBUYER PROGRAM

3/1 ARM

As low as 4.50% APR*

ADJUSTABLE RATE FIRST MORTGAGES (ARMs)

1 Year ARM

As low as 4.00% APR*

1 YR Jumbo**

As low as 5.25% APR*

Rate will adjust annually

**Loans over $417,000

3/1 ARM

As low as 4.50% APR*

Rate will adjust after 3 years and each year thereafter.

5/1 ARM

As low as 4.75% APR*

Rate will adjust after 5 years and each year thereafter.

* Actual rate depends on loan to value; up to 90% financing; Closing costs approximately $1,200.00; Adjustment Period Cap: 2%, Cap over Term of Loan: 6%; Avoid PMI with LTV of 80% or less; 30-Year Amortization.