MVFCU - Mortgage Loans

MVFCU DAILY MORTGAGE LOAN RATES
effective as of Wednesday, June 18, 2008
Please contact us for details!

All rates are subject to change without notice. There are NO prepayment penalties on any loan with MVFCU!

Click Here for APR (Annual Percentage Rate) calculations and Loan Rate Information.

Thinking about building your own home or having a home built?
Ask us about our reduced fees when MVFCU finances both the
construction loan and the long-term mortgage loan!

Conventional Fixed Rate (Fannie Mae/Freddie Mac)

MVFCU offers up to 100% financing on most of our Conventional loan products.

Term	Down Payment	Fixed Interest Rate	APR
30 year term	APR shown is based on 20% down payment for a purchase transaction.	6.50%	6.60% APR
15 year term	APR shown is based on 20% down payment for a purchase transaction.	6.00%	6.13% APR

NOTE: Some refinance transactions may require either a higher interest rate, higher closing costs, or both.
Your credit profile and the nature of your loan request will determine these issues.

Adjustable Rate Mortgage (ARM) & Balloon Programs - Call for rate quote!

More options for the Initial Interest ARM and other ARM/Balloon mortgage loans.

Jumbo Loans, Fixed Rate and Adjustable Rate

Term

Rate Type

Interest Rate

APR

30 or 20 Year

Fixed Rate, up to a loan of $600,000
Option Available for:

30 Year Fixed Rate- Initial 15 yrs at Interest Only

Call for
Rate Quote

Call for
Rate Quote

15 Year

Fixed Rate, up to a loan of $600,000

Call for
Rate Quote

Call for
Rate Quote

Mortgage rates can vary from day to day and from lender to lender. APR may be higher than the rate shown above. We have many options for financing or refinancing primary residences or second homes. Most of our mortgage loans can cover single-family homes, condominiums, duplex, tri-plex and four-plex properties. Properties can be located anywhere in the state of Alaska as long as the primary borrower is the owner-occupant and is or can become a member of MVFCU. We do not finance any real estate located outside the State of Alaska.

Business Properties and Non-Owner Occupied Residential Properties: MVFCU is a federally-chartered and federally governed credit union. NCUA is the regulatory agency that oversees federally chartered credit unions. NCUA rules restrict our lending options on property that is not owner occupied or is used for business purposes. However, we may be able to finance this type of property under our Commercial Loan category. Please feel free to contact one of our Commercial loan officers for more info.