Educators Home Loans
At First Community, education is our passion. That's why we created a special home loan just for educators offering no lender fees and an appraisal credit up to $595 at closing. You give so much to everyone else; let us give back to you.
Educators Loan
- Purchase or Rate/Term Refi
- Owner occupied and single family
- Minimum loan amount $150,000
- Maximum loan amount $806,500
- 15, 20 and 30 yr terms
- Max LTV of 100%
- Minimum credit score of 680
- No lender fees
- Appraisal fee credit at closing (up to $595)
| Rate | APR | Monthly Principal & Interest | |
|---|---|---|---|
| 10 Year Fixed | 5.375% | 5.690% | $3,237.24 |
| 15 Year Fixed | 5.375% | 5.596% | $2,431.40 |
| 20 Year Fixed | 5.750% | 5.927% | $2,106.25 |
| 30 Year Fixed | 5.875% | 6.008% | $1,774.61 |
| FHA | 5.750% | 6.602% | $1,781.36 |
| VA | 5.750% | 6.073% | $1,788.36 |
| Jumbo 30 Year | 6.125% | 6.232% | $6,076.11 |