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Home Mortgage Loans
   

 

Loan to Value %

1st Mortgage: Serviced by CU Mortgage

 

Great rates and low closing costs. 
Please call for an appointment.

   

1st Mortgage: 5 or 10 Yr. Balloon:
Serviced by AHCU

Up to 80%

Great rates, no points, low closing costs.  Call for an appointment.
Loan is based on a 30 year amortization and balloons every 5 or 10 years.
Escrow not available.

   

1st Mortgage: 10 Yr. Fixed:
Serviced by AHCU

Up to 80%
Great rates, no points, low closing costs.  Call for an appointment.
Loan is based on a 10 year fixed term.
Escrow not available.
 
ALL RATES QUOTED AS ANNUAL PERCENTAGE RATES (APR).

Members are required to provide proof of homeowner's insurance before or on the date of the loan closing.

Closing Costs For Home Loans:

CU Mortgage:  Estimated at $631.50 + Mortgage Tax ($2.30 per $1000) + Appraisal Fee + Origination Fee (1% of Loan Amount)

AHCU 5 Yr. Balloon and 10 Yr. Fixed: Estimated at $631.50 + Mortgage Tax ($2.30 per $1000) + Appraisal Fee + Origination Fee (.50% of Loan Amount)

AHCU 10 Yr. Balloon: Estimated at $631.50 + Mortgage Tax ($2.30 per $1000) + Appraisal Fee + Origination Fee (.75% of Loan Amount)

EFFECTIVE DATE: January 3, 2012

Loan Payment Calculator

* Annual Percentage Rate may vary depending on your creditworthiness.

Rates, terms, and conditions are subject to change without prior notice and are based on the Anoka Hennepin Credit Union's loan qualifications.