Purchase
![man and woman standing outside house](https://fccu.org:443/getmedia/06162de8-724d-4c62-8cd7-03c2360eb960/mortgage-purchase.jpg?width=500&height=334&ext=.jpg)
Purchase
A loan used to purchase a piece of property as a principal residence, second home or investment property.
- Maximum loan amount isĀ $766,550
- Maximum loan to value (LTV1) 97%
- Minimum FICO1 score is 620
- Aggressive pricing
- Typically closing in 30 days or less
- Max LTV to 100% may be available for FICO score 680
Rate | APR | Monthly Principal & Interest | |
---|---|---|---|
10 Year Fixed | 5.625% | 5.941% | $3,274.40 |
15 Year Fixed | 5.625% | 5.848% | $2,471.20 |
20 Year Fixed | 5.875% | 6.053% | $2,127.72 |
30 Year Fixed | 6.250% | 6.387% | $1,847.15 |
FHA | 5.875% | 6.761% | $1,805.67 |
VA | 5.875% | 6.238% | $1,812.77 |
Jumbo 30 Year | 7.125% | 7.239% | $6,737.19 |