Whether you are refinancing a home or making a purchase, our members get great rates.
With customizable options and competitive interest rates, our home loans packages are hard to beat!
Home Loans up to $766,550*
| Rate | Points | APR | |
|---|---|---|---|
| 30 Year Fixed | 7.375 % | 0.000 % | 7.473 % |
| 15 Year Fixed | 7.000 % | 0.000 % | 7.155 % |
| ARM 5/6 30YR | 6.750 % | 0.000 % | 7.794 % |
| ARM 7/6 30YR | 7.125 % | 0.000 % | 7.799 % |
Please note that rates and fees are subject to change without notice. Please call or visit your local branch for our most current rates.
Home Loans Over $766,550*
| Rate | Points | APR | |
|---|---|---|---|
| 30 Yr Jumbo Fixed | 7.000 % | 0.000 % | 7.052 % |
| 15 Yr Jumbo Fixed | 7.250 % | 0.000 % | 7.335 % |
| JUMBO ARM 5/6 30YR | 6.500 % | 0.000 % | 7.649 % |
| JUMBO ARM 7/6 30YR | 6.625 % | 0.000 % | 7.494 % |
Please note that rates and fees are subject to change without notice. Please call or visit your local branch for our most current rates.
Your dream home awaits!
Home Equity Loan
Tap into the value of your home with Spectrum Credit Union's competitive home equity rates, empowering you to achieve your financial goals.
| Term | Rate % | Points | APR %1 | Est. Payment per $1000 |
|---|---|---|---|---|
| 15 Year Fixed Rate | 7.990% | 0 | 8.169% | $9.55 |
Take advantage of your biggest asset - your home!
Home Equity Line of Credit
| Loan-To-Value | Loan Amounts up to2 | Index | APR as low as3 |
|---|---|---|---|
| 80% | $400,000 | Prime Rate | 8.500% |
Take advantage of your biggest asset - your home!
Please Note: Credit bureaus are allowed to make your contact information and credit score available to other mortgage providers. If you wish to opt-out of receiving pre-screened offers, call 888-5-OPTOUT (888-567-8688) or visit optoutprescreen.com.
Review our Privacy Notice for when we may share your information.
* “Conforming” loan amounts are less than or equal to $766,550; $1,149,825 in AK and HI. “Jumbo” loan amounts are greater than $766,550; $1,149,825in AK and HI.
0 point pertains to the "Origination Point Fee" and there may be other loan level pricing adjustment (LLPA) costs that still apply. These can be affected by the applicant's loan-to-value, credit score, cash-out, occupancy status, and other factors.
Annual Percentage Rates (APR) are calculated based on a loan amount of $420,000 for conforming loans, $900,000 for Jumbo loans. The amortization term for Adjustable Rate Mortgage (ARM) programs is 15 or 30 years.
Rates shown are for a credit score of 780 or better, purchase, one unit, owner-occupied property on a 45 day lock, based on an 60% or less loan to value ratio. Your rate may be different.
If down payment is less than 20%, mortgage insurance may be needed on the loan. This could increase the monthly payment and the APR.
For adjustable-rate mortgages (ARMs), rates are subject to increase after consummation.
For the 7/6 months, 5/6 months, and 3/6 months ARM programs the interest rate is fixed for the initial 7, 5, or 3 years. After the initial fixed period, the rate will adjust every six months for the remaining term. Other amortization terms available.
Not all borrowers will qualify for all rates. Rates and terms are subject to change without notice. Limited to owner-occupied, one-to-four family units. Other restrictions on property may apply. Property insurance required. Flood insurance may be required.
Rates subject to change daily. Rates are not guaranteed until locked. Click here for the interest rate cap table.
Rates shown are "as low as." Rates are subject to change without notice.
1 Annual Percentage Rates (APR) is calculated based on a loan amount $50,000 for Home Equity loans. For Home Equity Loans Rate is fixed for the term of the
loan. Actual rate is based on the loan-to-value and the borrower's credit score at the time of origination. Home Equity Loans in TX available up to 80% LTV Maximum.
2 Credit limit based on your creditworthiness. Please contact the credit
union for the minimum and maximum loan amounts for the various Combined Loan-to-Values (CLTVs).
3 Rate shown is based on a Combined Loan-to-Value (CLTV) of 80% or less. Rate will increase based on a CLTV greater than 80%. For Home Equity
Lines of Credit the rate is variable and based on the Prime Rate as published in the "Money Rates" section of the Wall Street Journal, plus a margin. The margin is based on loan-to-value and borrower(s) credit score at time of origination. The maximum
annual percentage rate in a variable rate plan is 18%.
* Taxes and insurance not included, your actual payment obligation may be higher.
No fees are imposed for opening a Home Equity Line of Credit. If the account is closed within
three years of opening, early closure fees will be added to the Account Balance in the amount of $500 for credit lines up to $100,000 and $700 for credit lines above $100,000. Early closure fees are not assessed where prohibited by state law or when the
account is closed as part of a Spectrum Credit Union refinance.
Property insurance is required. Flood insurance may be required. Rates, APR, terms and conditions are subject to change without notice.
Ready to become a member? Let’s get started.
If you’re eligible for membership, we’re ready to hear from you. Not sure if you’re eligible? You can check if you qualify here.
Why join Spectrum Credit Union? Learn more.
Find a Branch