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| Home » Rates & Fees » Loans |
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MORTGAGES
Rates last updated: September 5, 2008
The rates quoted here are indications only and are based on certain underwriting criteria. All advertised rates are subject to change without notice.
First Mortgage Loan Rate
Term
Fixed |
Rate
As Low As |
APR |
Points |
Origination
Fee |
| 15 Year |
5.90% |
6.08% |
0.000 |
1.000 |
| 20 Year |
6.125% |
6.30% |
0.000 |
1.000 |
| 30 Year |
6.375% |
6.509% |
0.000 |
1.000 |
| Based on a $100,000 loan amount. 30 day rate lock. |
| APR = Annual Percentage Rate |
Other Fixed Rate Mortgage
| Type |
APR |
Origination Fee |
Term |
| Construction |
As Low As 6.00% |
1.00% |
12 months |
| Second Mortgage |
As Low As 6.25% |
1.00% |
15 years |
| Land |
As Low As 6.75% |
1.00% |
15 years |
| APR = Annual Percentage Rate |
Home Equity
| |
Loan-to-Value |
Variable APR |
Index Rate |
Margin |
Points |
| Home Equity Line of Credit |
Up to 100% |
5.0%* |
Prime Rate* |
1.00% |
-0- |
| CPM Federal is paying up to $350.00 towards closing costs.** |
| * Rate is based on the Prime Rate listed in the Wallstreet Journal (Floor rate of 4.00% APR). Rate is a variable rate that can change twice a year on January 1st and July 1st. The current Prime Rate is 5.0%.
** Credit line over $50,000 may require an appraisal. Up to $350.00 towards closing costs paid if CPM attorney is used and credit line is $15,000 or more. If credit line is less than $15,000, CPM Federal will pay $100 toward closing costs. Rates subject to change without notice. Loan is subject to credit approval. |
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APR = Annual Percentage Rate |
For further information, please call or email a CPM Federal Credit Union mortgage representative in your area.
- Orangeburg/St. Matthews:
Kim Griffith
1776 Blvd. Ext.
Orangeburg, SC
803-531-8615 (office)
803-378-6862 (mobile)
kag@cpmfed.com.
- Charleston/Summerville:
Debbie Berry
5600 Virginia Ave.
Charleston, SC
843-740-6305 (office)
800-255-1513 Ext. 404 (office)
843-817-4202 (mobile)
dab@cpmfed.com.
- Upstate:
Christy Ross
1445 Hwy 101 S.
Greer, SC
864-879-1570 (office)
864-907-1911 (mobile)
cjr@cpmfed.com.
» To apply online, please click HERE. |
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