Mortgage Rates Guide
Campus Federal offers a variety of competitive loan programs with flexible terms and quick turnaround by our expert Mortgage Lending Team. Whether you’re looking to expand with a new home, purchase a condo for college or build your dream home, we can help with financing that’s right for you.
| Term | Rates | APR | Origination Fees |
|---|---|---|---|
| 30 Years | 7.375% | 7.634% | 0.5% |
The rates quoted for this product are for loans Campus Federal typically sells to another investor. Minimum down payment required on this loan product is 5%. IMPORTANT NOTE: Rates disclosed are base rates only and can be impacted by a variety of loan characteristics, including occupancy, loan amount, loan to value, credit score, loan purpose, and number of units. RATES QUOTED ARE NOT LOCKED IN AND ARE SUBJECT TO CHANGE. For example, a 4.635% APR equals an estimated $4.99 monthly payment for 360 months per $1,000.00 borrowed.
| Term | Rates | APR | Origination Fees |
|---|---|---|---|
| 30 Years | 7.625% | 7.834% | 0% |
The rates quoted for this product are for loans Campus Federal typically sells to another investor. Minimum down payment required on this loan product is 5%. IMPORTANT NOTE: Rates disclosed are base rates only and can be impacted by a variety of loan characteristics, including occupancy, loan amount, loan to value, credit score, loan purpose, and number of units. RATES QUOTED ARE NOT LOCKED IN AND ARE SUBJECT TO CHANGE. For example, a 4.799% APR equals an estimated $5.14 monthly payment for 360 months per $1,000.00 borrowed.
| Term | Rates | APR | Origination Fees |
|---|---|---|---|
| 15 Years | 6.875% | 7.283% | 0.5% |
The rates quoted for this product are for loans Campus Federal may either sell to another investor or service directly. If the loan is serviced by the credit union, the maximum loan to value is 80% or 20% down payment. The credit union does not escrow for taxes and insurance and are therefore, paid by the member. If the loan is sold to one of our investors, the minimum down payment required is 5%. IMPORTANT NOTE: Rates disclosed are base rates only and can be impacted by a variety of loan characteristics, including occupancy, loan amount, loan to value, credit score, loan purpose, and number of units. RATES QUOTED ARE NOT LOCKED IN AND ARE SUBJECT TO CHANGE. For example, a 4.326% APR equals an estimated $7.33 monthly payment for 180 months per $1,000.00 borrowed.
| Term | Rates | APR | Origination Fees |
|---|---|---|---|
| 15 Years | 7.125% | 7.453% | 0% |
The rates quoted for this product are for loans Campus Federal may either sell to another investor or service directly. If the loan is kept by the credit union, the maximum loan to value is 80% or a 20% down payment. The credit union does not escrow for taxes and insurance and are therefore, paid by the member. If the loan is sold, the minimum down payment required is 5%. IMPORTANT NOTE: Rates disclosed are base rates only and can be impacted by a variety of loan characteristics, including occupancy, loan amount, loan to value, credit score, loan purpose, and number of units. RATES QUOTED ARE NOT LOCKED IN AND ARE SUBJECT TO CHANGE. For example, a 4.425% APR equals an estimated $7.46 monthly payment for 180 months per $1,000.00 borrowed.
80% LTV
| Term | Rates | APR | Origination Fees |
|---|---|---|---|
| 30 Years | 7% | 7.829% | 0.5% |
90% LTV
| Term | Rates | APR | Origination Fees |
|---|---|---|---|
| 30 Years | 7.25% | 7.964% | 0.5% |
The rate is fixed for the first 7 years before it begins to adjust annually. This is a loan product that Campus Federal will service. The credit union does not escrow for taxes and insurance and are therefore, paid by the member. IMPORTANT NOTE: Rates disclosed are base rates only and can be impacted by a variety of loan characteristics, including occupancy, loan amount, loan to value, credit score, loan purpose, and number of units. RATES QUOTED ARE NOT LOCKED IN AND ARE SUBJECT TO CHANGE. For example, a 5.141% equals an estimated $4.99 monthly payment for the first 84 months per $1,000.00 borrowed.
80% LTV
| Term | Rates | APR | Origination Fees |
|---|---|---|---|
| 30 Years | 6.75% | 7.875% | 0.5% |
The rate is fixed for the first 5 years before it begins to adjust annually. This is a loan product that Campus Federal will service. The credit union does not escrow for taxes and insurance and are therefore, paid by the member. IMPORTANT NOTE: Rates disclosed are base rates only and can be impacted by a variety of loan characteristics, including occupancy, loan amount, loan to value, credit score, loan purpose, and number of units. RATES QUOTED ARE NOT LOCKED IN AND ARE SUBJECT TO CHANGE. For example, a 5.07% APR equals an estimated $4.70 for the first 60 months per $1,000.00 borrowed.
90% LTV
| Term | Rates | APR | Origination Fees |
|---|---|---|---|
| 30 Years | 7% | 7.979% | 0.5% |
The rate is fixed for the first 5 years before it begins to adjust annually. This is a loan product that Campus Federal will service. The credit union does not escrow for taxes and insurance and are therefore, paid by the member. IMPORTANT NOTE: Rates disclosed are base rates only and can be impacted by a variety of loan characteristics, including occupancy, loan amount, loan to value, credit score, loan purpose, and number of units. RATES QUOTED ARE NOT LOCKED IN AND ARE SUBJECT TO CHANGE. For example, a 5.163% APR equals an estimated $4.85 monthly payment for the first 60 months per $1,000.00 borrowed.
| Term | Rates | APR | Origination Fees |
|---|---|---|---|
| 12 Months | 7.625% | 13.39% | 1% |
This product is a loan to finance the construction of a primary residence on land. It is an interest only loan for a term of 12 months. Interest only payments are due monthly on only the current balance at that time. The total construction cost is divided into 5 draws. Construction loans can only be made if there is a pre-approval for permanent financing in place. IMPORTANT NOTE: Rates disclosed are base rates only and can be impacted by a variety of loan characteristics, including loan amount, loan to value, and credit score. RATES QUOTED ARE NOT LOCKED IN AND ARE SUBJECT TO CHANGE.
| Term | Rates | APR | Origination Fees |
|---|---|---|---|
| 30 Years | 6.5% | 6.795% | 1% |
The rates quoted for this product are for loans Campus Federal typically sells to another investor and follow normal FHA guidelines. IMPORTANT NOTE: Rates disclosed are base rates only and can be impacted by a variety of loan characteristics, including occupancy, loan amount, loan to value, credit score, loan purpose, and number of units. RATES QUOTED ARE NOT LOCKED IN AND ARE SUBJECT TO CHANGE. For example, a 4.635% APR equals an estimated $5.08 monthly payment for 360 months per $1,000.00 borrowed.
| Term | Rates | APR | Origination Fees |
|---|---|---|---|
| 30 Years | 6.625% | 6.923% | 1% |
The rates quoted for this product are for loans Campus Federal typically sells to another investor and follow normal Rural Development guidelines. IMPORTANT NOTE: Rates disclosed are base rates only and can be impacted by a variety of loan characteristics, including occupancy, loan amount, loan to value, credit score, loan purpose, and number of units. RATES QUOTED ARE NOT LOCKED IN AND ARE SUBJECT TO CHANGE. For example, a 4.508% APR equals an estimated $4.97 monthly payment for 360 months per $1,000.00 borrowed.
Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $484,350 for the contiguous states, District of Columbia, and Puerto Rico or below $726,525 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $484,350 with closing cost of $8,482. Jumbo loans (whose maximum loan amount exceed $484,350 for the contiguous states, District of Columbia, and Puerto Rico or exceed $726,525 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.