Mortgage Rates

Fixed-Rate Mortgage Loan

Rates Effective: 11/14/2018

Term Interest Rate Mortgage Term Annual Percentage Rate (APR) Points Payments per $1,000 Borrowed
30 Yr Fixed Rate 4.875%
4.625%
4.500%
30 Yr Fixed Rate
30 Yr Fixed Rate
30 Yr Fixed Rate
4.988%
4.825%
4.787%
0
1
2
$5.29
$5.14
$5.07
20 Yr Fixed Rate

4.625%
4.500%
4.250%

20 Yr Fixed Rate
20 Yr Fixed Rate
20 Yr Fixed Rate
4.778%
4.773%
4.640%
0
1
2
$6.39
$6.33
$6.19
15 Yr Fixed Rate 4.250%
4.000%
3.750%
15 Yr Fixed Rate
15 Yr Fixed Rate
15 Yr Fixed Rate
4.443%
4.343%
4.244%
0
1
2
$7.52
$7.40
$7.27
10 Yr Fixed Rate 4.250% 10 Yr Fixed Rate 4.528% 0 $10.24

 (1) The actual Annual Percentage Rate (APR) and points available to you will be based on your credit history, loan-to-value ratio and other factors and may be different than the rates posted here. Loan rates are for a first lien position on single-family owner-occupied properties up to $417,000. Call for rates available for two-to-four family owner-occupied residences. Payments do not include amounts for taxes and insurance and actual payment obligation will be greater. Private Mortgage Insurance (PMI) is required if your down payment or equity is less than 20%. Fixed-rate loans may be intended for sale in the secondary market and must meet investor guidelines. Rates are not guaranteed until lock-in and subject to change without notice.


Jumbo Fixed-Rate Mortgage Loan (Max $1,000,000)

Rates Effective: 11/14/2018

Mortgage Interest Rate Annual Percentage Rate (APR) Term Points Down Payment Cost per $1,000
Jumbo 30 Year Fixed Rate Loan 5.000% 5.022% 30 yrs 0 25% $5.37
Jumbo 15 Year Fixed Rate Loan 4.375% 4.413% 15 yrs 0 25% $6.26
(1) Loan rates are for a first lien position on single-family owner-occupied properties with a 75% Loan-to-Value (LTV), minimum credit score of 680, and maximum loan amount of $1,000,000. Payments do not include amounts for taxes and insurance and actual payment obligation will be greater. Rates are not guaranteed until lock-in and subject to change without notice.


ARM (Adjustable-Rate Mortgage) Loan

Rates Effective: 11/14/2018

ARP Program Interest Rate Annual Percentage Rate (APR) Points Payments per $1,000 Borrowed
1/1 ARM 4.750% 2.927% 0 $5.22
3/1 ARM 4.750% 3.217% 0 $5.22
5/1 ARM 4.250% 3.300% 0 $4.92
7/1 ARM 4.375% 3.538% 0 $4.99
10/1 ARM 4.625% 3.944% 0 $5.14
(1)  Payments do not include amounts for taxes and insurance and actual payment obligation will be greater. 
(2)  The APR may increase after consummation.


80% Loan-To-Value Fixed-Rate Home Equity Loan

Rates Effective: 11/14/2018

Product Name Term Annual Percentage Rate (APR) Loan to Value Payments per $1,000 Borrowed
5 Yr Fixed Rate 5 yrs 4.875% 80% $18.81
10 Yr Fixed Rate 10 yrs 4.875% 80% $10.55
15 Yr Fixed Rate 15 yrs 5.125% 80% $7.97
20 Yr Fixed Rate 20 yrs 5.250% 80% $6.74
Rates are subject to change without notice.
  1. Minimum loan amount is $25,000.00. Maximum loan amount is $250,000.00. 
  2. Above APRs include a 0.25% rate reduction when Holyoke Credit Union holds your first mortgage or when this Home Equity Loan is in first lien position.
  3. Above APRs include a 0.25% rate reduction for monthly loan payments automatically deducted from your existing Holyoke Credit Union checking account.
  4. Not available for home purchases. 
  5. Property must be a one-to-four family home and owner occupied. 
  6. Property insurance is required and flood insurance may be required. 
  7. Approvals are subject to final property valuation and title search acceptable to Holyoke Credit Union.
  8. Your actual rate may be different than the advertised rate based upon your credit score.
  9. Payments do not include amounts for taxes and insurance and your actual payment may be greater.


100% Loan-To-Value Fixed-Rate Home Equity Loan

Rates Effective:  11/14/2018

Title Term Annual Percentage Rate (APR) Loan to Value Payment per $1,000 Borrowed
5 Yr Fixed Rate 5 yrs 6.615% 100% $19.62
10 Yr Fixed Rate 10 yrs 6.615% 100% $11.41
15 Yr Fixed Rate 15 yrs 7.000% 100% $8.99
20 Yr Fixed Rate 20 yrs 7.115% 100% $7.82
Rates are subject to change without notice. 
  1. Minimum loan amount is $25,000.00. Maximum loan amount is $250,000.00.
  2. Above APRs include a 0.25% rate reduction when HCU holds your first mortgage or when this Home Equity Loan is in first lien position.
  3. Above APRs include a 0.25% rate reduction for monthly loan payments automatically deducted from your existing Holyoke Credit Union checking account.
  4. Not available for home purchases.
  5. Property must be a one-to-four family home and owner occupied.
  6. Property insurance is required and flood insurance may be required.
  7. Approvals are subject to final property valuation and title search acceptable to Holyoke Credit Union.
  8. Your actual rate may be different than the advertised rate based upon your credit score.
  9. Payments do not include amounts for taxes and insurance and your actual payment may be greater.


Home Equity Line of Credit

Rates Effective: 11/14/2018

Program Name Annual Percentage Rate (APR) Loan to Value Comments
Better than Prime 4.50% 75% This plan has a variable rate feature. The APR is based on the value of an index. The index is the Prime Rate published in the Money Rates column of the Wall Street Journal.
Basic 1.99% 75% This plan has a variable rate feature. The APR is based on the value of an index. The index is the Prime Rate published in the Money Rates column of the Wall Street Journal. The initial annual percentage rate is “discounted”. It is not based on the index used for later rate adjustments. The initial rate will be in effect for 12 months.
Wise Choice 5.24% 75% This plan has a variable rate feature. The APR is based on the value of an index. The index is the Prime Rate published in the Money Rates column of the Wall Street Journal. An initial "premium" rate will apply – it  is not based on the index and margin used for later rate adjustment. The initial rate will be in effect for 24 months.
Secure Fit 5.49% 75% This plan has a variable rate feature. The APR is based on the value of an index. The index is the Prime Rate published in the Money Rates column of the Wall Street Journal. An initial "premium" rate will apply – it is not based on the index and margin used for later rate adjustment. The initial rate will be in effect for 36 months.
Rates on a Home Equity Line of Credit may change after the consummation of the loan and may increase.Rates are subject to change without notice.
  1. The annual percentage rate can change on the first day of each month.
  2. The Home Equity Line of Credit has a 10-year draw period and a 15-year repayment period.
  3. Minimum APR is 4.00%, Maximum APR is 18.00%.
  4. Property must be a one-to-four family and owner occupied. 
  5. Property insurance is required and flood insurance may be required.
  6. Approvals are subject to final property valuation and title search acceptable to Holyoke Credit Union.
  7. Your actual rate may be different than the advertised rate based upon your credit score.
  8. Minimum loan amount is $10,000.00.